Hong Kong Paying a Premium for Bitcoin That Beijing Can’t Stop
BTC in Hong Kong is currently trading $175 above its spot price according to other Bitcoin indexes, as political instability is driving demand for a safe haven. Hong Kong Protesters...
Bitcoin Price Shows Remarkable Correlation with Offshore RMB Futures
Bitcoin’s price has seen a dramatic resurgence of bullish support over 2019, which has allowed it to decouple away from a vast majority of traditional financial markets. But when we...
China’s ‘Google’ Trends Reveal Similar Rise In...
We often hear that China has been a major driver of the recent bitcoin price action. Trader Alex Krüger decided to see if the figures from Baidu (China’s version of Google)...
Chinese and Koreans Go Crackers For Bitcoin SV (BSV) On Fake News...
Looking at the crypto charts today reveals one altcoin surging into the top ten as it doubles in price over a few hours. This is a highly unnatural movement for a high cap crypto...
China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal...
“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange...
Stocks Plunge, Bitcoin Up as US-China Trade War Escalates
Stocks are sinking and bitcoin is moving higher as the US-China trade war appears to be escalating. Stocks Slide as Trade War Bites On Friday, President Trump’s administration...
These Factors Are Pushing Bitcoin Price Above $6000
Bitcoin price reached a high of $5930 May 7 as renewed momentum fuelled a market surge towards the significant $6000 barrier. Bitcoin Price Highest Since November 2018 Data from...
Bitcoin Price Wobbles As Trump China Trade Dispute Hits Asian Markets
Bitcoin price was displaying fresh volatility May 6 as global political and economic factors sparked broad uncertainty across markets. Bitcoin Comes Down From Weekly High Data from...
Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in...
A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23...
China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price
China’s top economic planning body has unveiled its plan for future industrial structure, categorising industries as ‘encourage’, ‘restrict’ or...
Chinese Bitcoin Investors Are Happily Paying a Markup For Tethers
As Bitcoin price surged over 27 percent in the past week, traders in China are paying a markup for Tether stablecoins, which offer an easy way to buy cryptocurrencies. Tether Offers...
China’s Resurgent Stock Market is Seeing Profits Flow Into...
China is returning to Bitcoin investment despite its ongoing trading ban, data suggests this week as the Bitcoin price holds higher. Yuan No.2 Entry Fiat Currency Statistics gathered...