City Shanghai Financial News

07.12 / 15:19

markets Bitcoin Bitcoin Price Low BTC price hits new December low as Bitcoin dips 2% with Asia stocks

Bitcoin (BTC) hit new month-to-date lows on Dec. 7 as Asian markets fell during trading.

05.12 / 17:51

markets stocks Bitcoin Bitcoin Price Dollar open BTC price levels to watch as Bitcoin holds $17K into the market open

Bitcoin (BTC) cooled volatility above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets.

30.11 / 15:03

markets Bitcoin Bitcoin Price BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.

30.11 / 13:31

Riot COVID protesters and riot police clash in China's fifth biggest city

Riot police clad in white hazmat suits clashed with protestors in the Chinese manufacturing hub of Guangzhou on Tuesday night.

27.11 / 16:29

Football China: Calls for Xi Jinping to resign as rare COVID rule protests spread across major cities

Rare protests against China's strict “zero-COVID” policies continued in Shanghai and Beijing on Sunday afternoon, which had spread across the country after a deadly apartment fire in the northwestern city of Urumqi on Friday.

27.11 / 12:35

Football China: Protests over COVID controls spread across country after fatal fire

Protests against China's pervasive anti-virus controls that have confined millions of people to their homes spread to Shanghai and other cities after complaints they might have worsened the death toll in an apartment fire in the northwest.

25.11 / 02:09

business Blockchain Upgrade Ethereum developers decided on eight proposals for the Shanghai update

Developers at the Ethereum foundation decided on eight Ethereum Improvement Proposals (EIP) to explore for the Shanghai update, the next major upgrade after the Merge and its move to proof-of-stake consensus, announced the Ethereum Foundation on Nov. 24.

24.11 / 16:27

Ethereum Ether ETH/USD Ethereum Price Prediction Ethereum Price Prediction as ETH Jumps 10% From Recent Bottom – How High Can ETH Go?

Following weeks of bearish sentiment, the Ethereum price has pushed to highs of $1,215 today after a mid-week rally. This recent price action comes as Bitcoin also gains more ground and reclaims support at $16,000 before inching closer to $17,000.

23.11 / 16:15

Citi CBDC Digital Hong Kong Preparing to Join Digital Yuan Pilot, Extend ‘Cross-border’ Reach

Mainland China and Hong Kong are set to co-launch the digital yuan’s first cross-border pilot project – as the People’s Bank of China (PBoC)-led project edges ever-closer to roll out.

22.11 / 05:29

business Investments Report CoinShares FTX crisis leads to record inflows into short-investment products

Institutional investors have responded to the negative sentiment caused by FTX’s collapse, with record institutional inflows into crypto-focused short-investment products.

14.11 / 15:53

COMPOSITE Indexes Will Xi Jinping’s new leadership team prove the doomsayers wrong?

Minxin Pei, professor of government at Claremont McKenna College, is a non-resident senior fellow at the German Marshall Fund of the United States

08.11 / 14:17

Blockchain Ethereum Ethereum 2.0 network gas fees Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants

Ethereum’s Shanghai upgrade, the next major upgrade post Merge, is slated for the second half of 2023. The upgrade would be a key milestone as it would allow holders who have staked their Ether (ETH) for years to withdraw them systematically and make the network more scalable.

07.11 / 12:33

NFT regulation Bank of China regulatory Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China

The Chinese city of Wuhan had reportedly shelved its aspirational nonfungible tokens (NFTs) plans amid growing regulatory uncertainty around the crypto and Web3 technologies in the country.

02.11 / 12:59

Citi CBDC Digital Another Digital Yuan Giveaway Will See $2.75m Distributed in China’s Fuzhou

China’s digital yuan pilot continues to gather pace: The nation’s central bank is teaming up with an e-commerce heavyweight in an effort to boost adoption. The parties will be giving away another $2.75m worth of coins (in e-voucher form) in the city of Fuzhou, in China’s Fujian Province.

20.10 / 13:43

Ethereum ETH Yellow Ethereum prepares for another major upgrade- Everything you need to know

According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders.

19.10 / 00:25

Blockchain Ethereum layer2 Upgrade Testnet Ethereum launches testnet for Shanghai upgrade: Here’s what is next

Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live. Developers can now begin working on the implementations; a process expected to continue until September 2023.

11.10 / 11:02

UPS Citi Platform China rushes to control new Covid cases across the country

BEIJING — New Covid cases are spiking across mainland China, prompting many local authorities to tighten controls on movement.

10.10 / 15:51

Ford Tesla UBS General Motors Stocks making the biggest moves in the premarket: Ford, General Motors, Rivian and more

Take a look at some of the biggest movers in the premarket:

10.10 / 12:17

Reuters Manufacturing Action NVIDIA end Chinese chip stocks tumble after U.S. calls for new curbs on high-end tech

BEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing's ability to produce advanced military systems.

10.10 / 07:57

UPS Assurant Tesla SpaceX Musk says Beijing doesn't want him to sell Starlink in China

BEIJING —Elon Musk told the Financial Times the Chinese government doesn't want him to sell his Starlink satellite internet service in China.

29.09 / 21:37

Ethereum ETH Lowe's Pool ETH stakers may consider sticking to their safety nets despite 5.5% APR jump

Since the completion of the Ethereum Merge, sentiment within the community has remained positive, especially for stakers. These cohorts finally witnessed some bullish scenario(s) in their annual percentage rate (APR) earned by staking ETH post the Merge.

breaking news about city Shanghai

What is the current situation in city Shanghai?

In city Shanghai, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about city Shanghai?

We publish verified updates about the situation in city Shanghai, based on information from official representatives.

What shapes the media agenda in city Shanghai?

The news landscape of city Shanghai is shaped by the region’s internal dynamics, reflecting its specific characteristics.