China Financial News

28.02 / 12:47

Ban Beijing Bitcoin network Bitcoin Network Bitcoin network's carbon emission jumped 17% after China ban: Report

Bitcoin network’s proof-of-work mining consensus has been a topic of evironmental, social and governance (ESG) debates for a long time and a new study may only add to the growing controversy around BTC's carbon footprint.

28.02 / 09:43

Manufacturing Platform Токены HANS Chinese electric car start-up Nio plans to list in Hong Kong on March 10

BEIJING — U.S.-listed Chinese electric car company Nio is set to offer its shares for trading in Hong Kong on March 10, the start-up announced Monday.

27.02 / 23:17

Manufacturing Fallout week Economy Week Ahead: Employment, Inflation, Factories

The U.S. employment report highlights this week’s calendar of regularly scheduled economic news. The official reports won’t yet reflect fallout from Russia’s invasion of Ukraine, which in addition to the human toll threatens higher energy prices and a broader supply shock.

26.02 / 13:45

cryptocurrency Money Bitcoin Bitcoin mining was actually worse for the environment since China banned it, a new study says

Despite a crackdown on Bitcoin in China last year, mining the largest cryptocurrency actually got much dirtier and emits around the same amount of CO2 annually as a country the size of Greece, a new study shows.

25.02 / 23:39

markets stocks Bitcoin Bitcoin traders say $34K was the bottom, but data says it’s too early to tell

Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets.

25.02 / 13:33

Bitcoin Regulation Bitcoin Senator Ted Cruz invokes Canadian unrest to advocate for Bitcoin again

Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization.

25.02 / 12:49

UPS FIVE Cooper China's trade with Russia won't be enough to offset sanctions, U.S. says

BEIJING — China's trade with Russia isn't enough to offset the impact of U.S. and European sanctions on Moscow, according to the White House.

25.02 / 04:23

cryptocurrency Ban Bitcoin Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners

A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation.

24.02 / 21:27

business Technology Metaverse Monster Energy files NFT and metaverse trademark applications

According to recent filings with the United States Patent and Trademark Office (USPTO), Monster Energy has four pending trademark applications related to the nonfungible tokens (NFTs) and metaverse realms.

24.02 / 20:55

Provident Booking CEO Moderna Holdings Stocks making the biggest moves midday: Live Nation, Moderna, Booking Holdings and more

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24.02 / 19:59

Ethereum Art Bloomberg Bitcoin Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

24.02 / 16:15

Booking EBAY Parke Stocks making the biggest moves premarket: Live Nation, SeaWorld, Gannett and others

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24.02 / 15:57

Crowdfunding Court Beijing China's Supreme Court adds digital currency to list of illegal fundraising methods

China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency transactions.

24.02 / 15:47

Citi Action Fighting China refuses to call Russian attack on Ukraine an ‘invasion,’ deflects blame to U.S.

BEIJING — China's Foreign Ministry spokesperson refused to categorize Russia's attack as an «invasion» during a press conference Thursday.

24.02 / 13:13

UPS Provident Digital Huobi Genesis Trading Solana-based Decentralized Exchange Slope Finance Raises $8M in Series A funding

Solana-community based decentralized exchange Slope Finance announced to complete the rasing of $8,000,000 in Series A funding, co-led by Solana Ventures and Jump Crypto.

24.02 / 12:53

Banks Bitcoin Russia to seize retail deposits if sanctions go too far, official warns

In the event of harsh Western sanctions, Russians’ savings could be confiscated, according to Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma’s committee on economic policy.

24.02 / 09:51

MET Moodys Drag Moody's downgrades Chinese property developer Shimao as debt troubles drag on

BEIJING — Moody's downgraded Chinese property developer Shimao Group Holdings on Wednesday based on expectations that the company will find it harder to repay investors on time.

24.02 / 06:37

business Social Media Bitcoin Few calls to 'Buy The Dip'... but uber-rich Family Offices are keen on crypto

Short term social media data suggests that traders aren't calling for buying the Bitcoin (BTC) dip right now... but the long term picture is much brighter, with separate research showing that 77% of family offices in the U.S. are either looking at, or have invested in crypto.

23.02 / 14:47

Digital Platform coinbase Arrow financing Crypto firm Amber Group valued at $3bn in private financing round

Singapore-based digital asset platform Amber Group on said its private market valuation stands at $3bn, based on a $200m Series B round of private financing.

23.02 / 13:01

Dogecoin cryptocurrency cryptocurrency price today Shiba Inu Bitcoin Top cryptocurrency prices today: Bitcoin, Dogecoin, Shiba Inu, Terra zoom up to 10%

cryptocurrency market was trading higher on Wednesday while investors continued to monitor the escalating tensions on the Russia-Ukraine border. All the top digital tokens were in the green, with Terra rallying 10 per cent, followed by an 8 per cent rise in Avalanche. Cardano added 6 per cent and BNB 4 per cent. The global crypto market cap jumped about 3 per cent to $1.72 trillion. The total crypto market volume, meanwhile, jumped more than 18 per cent to $82.53 billion.

23.02 / 11:19

Technology Marine Le Pen 'Red alert!' Le Pen suspends presidential field campaign as she struggles to secure key sponsorships

France's far-right leader and presidential hopeful Marine Le Pen suspended her field campaign on Tuesday as she struggles to acquire the necessary mayoral pledges required to make it on the ballot list.

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