China Financial News

02.09 / 08:23

business Adoption Binance CZ hits back at claims Binance is a Chinese company

Binance CEO Changpeng Zhao (CZ) has hit back at critics and conspiracy theorists who claim Binance to be a Chinese-based “criminal entity” that “secretly [belongs] in the pocket of the Chinese government.”

02.09 / 00:43

Binance Tether Bitcoin index crypto market cap The total crypto market cap continues to crumble as the dollar index hits a 20 year high

From a bearish perspective, there's a fair probability that the crypto market entered a descending channel (or wedge) on Aug. 15 after it failed to break above the $1.2 trillion total market capitalization resistance. Even if the pattern isn't yet clearly distinguishable, the last couple of weeks have not been positive.

01.09 / 20:55

FIVE NVIDIA Okta Stocks making the biggest moves midday: Nvidia, Okta, Five Below, Bed Bath & Beyond and more

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01.09 / 18:23

Blockchain Provident HSBC KPMG and HSBC Report Names Conflux as One of Asia’s Leading Crypto Projects

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

01.09 / 14:39

Ethereum Bitcoin Tech giant Meitu loses over $43M of its crypto investment in bear market

Hong Kong tech giant Meitu made headlines in April last year after it reported nearly $100 million in crypto holdings. However, with the advent of the bear market, the tech firm has lost nearly half of the valuation of its crypto holdings.

01.09 / 14:07

cryptocurrency Digital Huobi cryptocurrency news Crypto Exchange No Plan To Buy China's Huobi, Says Crypto Exchange FTX's Chief

Crypto exchange FTX's CEO says no plan to buy China's Huobi

01.09 / 13:51

Lowe's Digital BitStamp Terra Luna Low Appetite for Crypto Amongst Institutional Buyers in Hong Kong is Low: New Report

The months-long headwinds in the cryptocurrency ecosystem are beginning to fuel disinterest amongst institutional investors in Hong Kong.

01.09 / 10:45

European Union ‘He died a disillusioned man’: How Gorbachev’s dream of liberal, European Russia failed

The death of Mikhail Gorbachev, the eighth and final president of the Soviet Union, has sparked as much debate and divisions as his actions did during his lifetime.

01.09 / 02:09

European Union UN report slams China for 'torture and sexual violence' in Xinjiang

A new United Nations human rights report has slammed China for serious human rights abuses in its western Xinjiang region, targeting native Uyghurs and other predominantly Muslim ethnic groups.

31.08 / 14:41

cryptocurrency Crime Legal Bitcoin Premium 16 Arrested in South Korea over Suspected Crypto Kimchi Premium Trading Violations

31.08 / 12:32

markets Terra Luna Bitcoin Bitcoin Price Bitcoin mining has never been more competitive even as BTC loses 13% in August

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs.

31.08 / 12:27

Citi FIVE Action China is set to convene a historic meeting on Oct. 16. Here's what to expect

BEIJING — China's leaders are set to convene in Beijing on Oct. 16 for a major political meeting that's expected to consolidate President Xi Jinping's power and signal forthcoming economic policy.

31.08 / 08:19

UPS Citi Baidu Baidu claims its robotaxis have grabbed 10% of the ride-hailing market in a suburb of Beijing

BEIJING — In less than two years, Chinese tech giant Baidu's robotaxis have grabbed about 10% of the ride-hailing market in a suburb of Beijing city, the company said during an earnings call Tuesday.

30.08 / 19:51

UPS Baidu Stocks making the biggest moves midday: Big Lots, Best Buy, Nikola and Lucid

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30.08 / 16:35

China’s Property Market Has Slid Into Severe Depression, Real-Estate Giant Says

One of China’s largest developers said the country’s property market has tumbled into a severe depression, using some of the strongest language yet to describe the yearlong downturn and the financial pain it has caused.

30.08 / 16:35

Biden Still Undecided on Chinese Tariffs, Commerce Secretary Says

WASHINGTON—President Biden remains undecided about easing tariffs on Chinese imports, as he weighs the possible impact on inflation against the impact on American workers, Commerce Secretary Gina Raimondo said.

30.08 / 15:51

Twitter SEC Action Baidu Solar Stocks making the biggest moves premarket: Best Buy, First Solar, Twitter and more

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30.08 / 14:45

business Investments Bitcoin Singapore state investor leads $100M round for crypto firm Animoca: Report

The venture capital market of the cryptocurrency industry is holding strong despite the crypto winter as major government-linked firms reportedly continue betting on big industry players.

29.08 / 23:37

European Union Food Bitcoin Russia to hold war games with China amid tensions over Ukraine invasion

Russia said it would launch sweeping military drills in the country’s east together with forces from China — a show of increasingly close defence ties between Moscow and Beijing amid tensions with the West.

29.08 / 21:03

Blockchain Digital Gemini Huobi Singapore mulls tightening rules around crypto-trading by retail investors

Singapore is planning to introduce new regulations that will tighten the trade of cryptocurrencies by retail investors, according to one of the country’s leading regulatory officials. The step is being taken to safeguard the interest of investors, given the fact that they remain “irrationally oblivious” about the risks associated with the market.

29.08 / 20:03

DOW Pinduoduo Stocks making the biggest moves midday: Netflix, Pinduoduo, Catalent, Bristol-Myers and more

Check out the companies making headlines in midday trading.