China Financial News

04.01 / 11:59

CBDC wallet Central Bank Chinese Central Bank’s Digital Yuan App Hits Apple, Android Stores

China’s digital yuan is inching ever closer to rollout – with a pilot version of a central bank-issued app and wallet released on Apple and Android app stores in the country.

04.01 / 11:23

European Union Support Borrell to reiterate EU support to Kyiv during visit to eastern Ukraine as US-Russia talks near

The European Union's top diplomat Josep Borrell will on Tuesday start a visit to Ukraine as tensions with Russia over its military build-up near the border remain high.

03.01 / 21:19

BlackRock Holdings Evergrande plunge wipes $250m off BlackRock, Vanguard holdings

BlackRock and Vanguard are among the largest shareholders in Evergrande that have posted hundreds of millions of dollars in paper losses following a more than 80% share price drop in the troubled Chinese property developer.

02.01 / 21:07

markets Bitcoin Bitcoin Price week Top 5 cryptocurrencies to watch this week: BTC, LUNA, FTM, ATOM, ONE

Bitcoin (BTC) continues to languish below the psychological level at $50,000 in the first few days of the New Year, indicating a lack of aggressive buying by traders. Former BTCC CEO Bobby Lee said the exodus of the Chinese traders who had until Dec. 31 to exit Chinese exchanges may have kept prices lower into the year-end.

01.01 / 15:11

markets exchanges Bitcoin Bitcoin starts 2022 at $47.2K as fresh research pins performance on China trader exodus

Bitcoin (BTC) bears lost out at the last minute as 2021 came to an end — and consensus is building around China again being the reason for weakness.

31.12 / 20:29

UPS Target Deal Beijing Fell Short on Trade Deal Promises, Creating Dilemma for Biden

WASHINGTON—Beijing’s commitment to step up purchases of U.S. goods and services under a 2020 trade pact expires Friday with China expected to miss its targets by a wide margin, creating a dilemma for the Biden administration as it calibrates a response.

31.12 / 17:45

cryptocurrency CryptoExplainer Bitcoin Updates Cryptocurrency In 2021, Crypto In 2021, All Updates: From Memecoins To NFTs, 2021 Was Crypto's Wildest Year Yet

Digital assets started the year with a stampede of cash from investors large and small.

31.12 / 17:43

Facebook cryptocurrency Future Crypto, Omicron, China and Meta: The stories that shaped the future in 2021

It's fair to say that 2021 didn't turn out quite as many of us had hoped. Not only did the COVID-19 pandemic persist, the newly-uncovered Omicron variant saw lockdowns and restrictions return with a vengeance after months of relative freedom.

31.12 / 12:33

Blockchain Adoption Beijing Shanghai includes Metaverse in its development plan

Shanghai, China's most crowded city, is looking for ways to use metaverse in public services over the next five years.

31.12 / 02:47

analysts Chinese tech stocks topped the list of analysts' most loved stocks for 2021 despite crackdown

Chinese tech stocks were among top analyst picks in Asia for 2021, despite regulatory pressure casting a shadow on the country's tech giants.

30.12 / 18:03

Provident Target Digital Action MetaVisa Optimizes the On-chain Credit System and Integrates Decentralized Identity into DAO and GameFi

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

30.12 / 17:05

Dogecoin Ethereum cryptocurrency Bitcoin Rocky Bitcoin's rocky reign and the rise of memecoins: Why 2021 was crypto's wildest year yet

Bitcoin close to $70,000 (€61,800), "memecoins" worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector's volatile standards.

30.12 / 12:47

cryptocurrency Energy Bitcoin Power Bitcoin Miners Could Go Nuclear in Kazakhstan as Gov’t Plans New Power Plant

The government of Kazakhstan is debating a plan to build a nuclear power plant that could help the country to strengthen its Bitcoin (BTC) and crypto mining sector in the longer term.

29.12 / 18:17

IPO LSE London Stock Exchange posts best IPO haul since 2007 amid Brexit pressure

The London Stock Exchange has raised its most IPO funding since 2007, but is facing pressure to hold onto its position at the top of the European charts amid tough competition in the wake of Brexit.

29.12 / 16:37

IPO LSE London Stock Exchange London Stock Exchange backs bumper IPO fundraise to withstand renewed pressure from overseas

The London Stock Exchange has raised its most IPO funding since 2007, but is facing pressure to hold onto its position at the top of the European charts amid tough competition in the wake of Brexit.

29.12 / 14:31

Adoption Bitcoin Crypto mining reportedly rises in Thailand due to Chinese crypto ban

Retail cryptocurrency mining in Thailand has apparently received a boost due to the capitulation of Chinese miners triggered by the country’s new crypto mega ban enforced in September.

29.12 / 12:29

markets Binance Huobi Bitcoin 'Net neutral' — Rising Bitcoin exchange balances could be due to Huobi Chinese user block

Bitcoin (BTC) balances rising on exchanges may not be a sign of investors preparing to sell, new research argues.

29.12 / 12:09

A year since Brexit: English winemakers get creative to beat 'nightmare' labour shortages

It wasn't just the wettest summer in decades and biting spring frosts that England's burgeoning sparkling wine industry had to deal with this year.

29.12 / 09:01

Technology Nature Media raid Hong Kong police raid pro-democracy news outlet, arrest 6

Hong Kong police raided the office of an online pro-democracy news outlet on Wednesday after arresting six people for conspiracy to publish a seditious publication, the latest moves in a crackdown on dissent in the city.

29.12 / 08:30

Trading Ban Bitcoin Crypto users Chinese Crypto Users Still Find Ways to Circumvent Ban

Crypto users in Mainland China are still finding ways to trade while major exchanges are preparing to disable service for Chinese users by the end of the year.

29.12 / 07:32

business Investments coinbase Funding Sequoia China leads $25M equity round for DeFi wallet DeBank

DeBank, a cryptocurrency wallet focused on decentralized finance (DeFi) solutions, has closed new funding led by major venture capital firm Sequoia China.

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