China Financial News

27.04 / 18:17

Ethereum Bitcoin Bitcoin ban: These are the countries where crypto is restricted or illegal

Bitcoin has been controversial since its beginning in 2009, as have the subsequent cryptocurrencies that followed in its wake.

27.04 / 16:17

markets inflation Bitcoin Ex-BitMEX CEO explains how Bitcoin will hit $1 million by 2030

Bitcoin (BTC) will cost $1 million by 2030, one of the industry's best-known pundits insists, as countries worldwide shun the euro and U.S. dollar.

27.04 / 15:49

VISA Microsoft Boeing Stocks making the biggest moves premarket: Microsoft, Boeing, Alphabet, Robinhood and more

Check out the companies making headlines in early morning trading.

27.04 / 13:29

Blockchain Waves Digital Platform GazeTV Launches Interactive Social Entertainment Platform With Built-in Incentives

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

27.04 / 12:53

Blockchain Adoption Trading Bitcoin expansion crypto options trading Bybit adds crypto options trading as part of expansion plans

Singapore-based crypto exchange Bybit has recently announced its service expansion into crypto options trading, allowing users to trade USD Coin (USDC) options and perpetuals.

27.04 / 12:47

Citi Platform HSBC Standard Standard Chartered Enters The Sandbox Metaverse

Banking giant Standard Chartered has entered the metaverse with The Sandbox to build a virtual space for its clients and supporters.

27.04 / 09:55

Citi Lowe's CNY China's central bank steps in to slow its rapidly weakening currency, as yuan hits one-year lows

BEIJING — The Chinese yuan strengthened slightly against the U.S. dollar on Wednesday, reversing a sharp weakening trend after the People's Bank of China signaled support for its currency.

27.04 / 01:45

Lowe's NASDAQ DOW fall Nasdaq futures fall following Tuesday’s sharp losses for stocks

Nasdaq 100 futures fell on Tuesday night after the major averages continued their April sell-off amid concerns of an economic slowdown.

27.04 / 00:11

markets Ethereum Ether price Ethereum on-chain data hints at further downside for ETH price

Analyzing Ether's (ETH) current price chart paints a bearish picture, which is largely justified by the 11% drop over the past month, but other traditional finance assets faced more extreme price corrections in the same period. The Invesco China Technology ETF (CQQ) is down 31% and the Russell 2000 declined by 8%.

26.04 / 16:15

business Art Court Chinese court rules marketplace guilty of minting NFTs from stolen artwork

A court in the Chinese city of Hangzhou ruled a one-of-a-kind judgment against a nonfungible token (NFT) marketplace for allowing a user to create (or mint) NFTs of stolen artwork.

26.04 / 14:49

cryptocurrency Citizens cryptocurrency news Bitcoin Switzerland Is Home To The World’s Most Profitable Bitcoin Traders: Invezz Study

A survey showed that Switzerland presently had the most profitable Bitcoin traders in the world

26.04 / 13:43

Mining Ecology Bitcoin Bitcoin Mining Efficiency Up 63% in Year, 'Sustainable Electricity Mix' Jumped 59% - Bitcoin Mining Council

Bitcoin (BTC) mining is becoming more efficient while firms are increasingly using green energy for their mining operations, according to a recent survey by the Bitcoin Mining Council (BMC), a voluntary global forum of Bitcoin mining companies.

25.04 / 23:49

business Blockchain YouTube A message from Cointelegraph’s CEO Jay Cassano and editor-in-chief Kristina Lucrezia Cornèr

While at Paris Blockchain Week Summit,or PBWS, Cointelegraph's chief executive officer Jay Cassano and its editor-in-chief Kristina Lucrezia Cornèr addressed Cointelegraph readers in a YouTube video. Upon the heels of the Cointelegraph France edition going live and the team's thorough coverage of PBWS, Cassano and Cornèr reflected on Cointelegraph's expansion and mission.

25.04 / 23:21

business Blockchain Adoption Report: Postmates founder Bastian Lehmann launches crypto startup

According to local news outlet FinanceFWD, German entrepreneur Bastian Lehmann is making a move into the crypto industry with the creation of a new startup called "TipTop Labs." Although details surrounding the venture remain unknown, its website states the firm seeks to provide "consumer finance solutions for an emerging web."

25.04 / 23:01

markets Bitcoin Dollar Bears Bitcoin bears tighten their grip on BTC now that $40K is the new resistance level

Bitcoin (BTC) remains below $40,000 for the third consecutive day and the most likely source of the volatility is the worsening condition of traditional markets. For instance, the S&P 500 is down 5% since April 20 WTI crude price dropped 9.5% in seven days, erasing all of the gains accrued since March 1.

25.04 / 18:51

ETF Coronavirus Bitcoin spot bitcoin Australian Crypto Market Drops Alongside Stocks on Global Worries; Australian Spot Bitcoin ETF Set for Debut

The crypto market initially traded lower on Monday, before trimming its losses later in the trading day as sentiment improved. The market action came after heavy selling before the weekend on comments from US Federal Reserve (Fed) Chairman Jerome Powell last week, hinting that a 50-basis point rate hike could come next.

25.04 / 18:13

Dogecoin Twitter Crypto Ed Bitcoin Takeover open elon Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears

Bitcoin (BTC) saw a classic "fakeout" move on April 25 as volatility kept traders firmly on edge.

25.04 / 13:13

economics financial stability Financial Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation

Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.

25.04 / 11:29

Mining Bitcoin Bitcoin Miner American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions

US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.

25.04 / 10:53

markets stocks Bitcoin Bitcoin Price week 'Something sure feels like it's about to break' — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance?

25.04 / 02:27

Blockchain Binance CEO Bitcoin Future How Binance’s CZ makes a very optimistic case for Bitcoin in the future

Changpeng Zhao, Founder and CEO of Binance, in a recent podcast spoke in favor of a bright future for Bitcoin. The Bitcoin adoption process has already taken off in many parts of the world. But CZ is convinced there is much to come in an increasing divided world.

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