Mainland Chinese citizens will not be able to purchase Bitcoin and Ether ETFs in Hong Kong because mainland China banned crypto transactions years ago.
Category: mainland china
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Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
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Bitcoin Trades for a Premium in Hong Kong During Protests
Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price of bitcoin core (BTC) has gained a premium in Hong Kong as the […]
The post Bitcoin Trades for a Premium in Hong Kong During Protests appeared first on Bitcoin News.
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Asian News Headlines Exert Significant Impact on Cryptocurrency Prices
A report published by Mosaic has found the Asian region to be exerting a leading influence within the cryptosphere, despite China’s ongoing crackdown on digital asset platforms. The study finds Asian news events to have a significant effect upon BTC price volatility and highlights the increasing number of cryptocurrency exchanges targeting Asian traders. Also Read: Bitcoin […]
The post Asian News Headlines Exert Significant Impact on Cryptocurrency Prices appeared first on Bitcoin News.
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