Bitcoin Demand in China High Even as Yuan Eyes Best Quarter on Record
Bitcoin

Bitcoin Demand in China High Even as Yuan Eyes Best Quarter on Record

Bitcoin traders used to treat a weaker yuan as their cue to increase their exposure in the cryptocurrency. But it now appears they want to keep holding Bitcoin even against a rising...

Yashu Gola | 1 month ago
bitcoin, cryptocurrency, btcusd, xbtusd, btcusdt, yuan
Bitcoin

U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves

Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning...

Yashu Gola | 5 months ago
china central bank crypto
News

PBoC to Test Crypto Yuan with Telecom Firms, Commercial Banks

People’s Bank of China is entering another stage of its tests for a crypto payment system. The central bank announced it had completed the preliminary tests and has turned to create...

Christine Vasileva | 11 months ago
china yuan cryptocurrency
News

Three Things To Know About China’s Digital Yuan (Not a Cryptocurrency)

China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know about the proposed...

Osato Avan-Nomayo | 1 year ago
bitcoin boom us china trade war
Bitcoin News

China Buying More Gold, Bitcoin Accumulation Inevitable?

As economic tensions escalate and the Trump administration continues with its war on trade, China has started stockpiling safe-haven assets. Gold appears to be the asset of choice for...

Martin Young | 1 year ago
currency bitcoin yuan
Bitcoin

How Bitcoin Demand is Driven by Central Banks Devaluing Their Currencies

The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% the digital asset is still up over 160% this year. That growth could...

Martin Young | 1 year ago
Breaking misconceptions: The trials and tribulations of a US crypto trading venue
Bitcoin

‘Chinese Buying Up Bitcoin’ Narrative ‘Very Dubious’

The narrative that China is ‘buying up bitcoin’ is very dubious, according to a local investor and Primitive founder, Dovey Wan. However, as a foil to ‘moon...

Emilio Janus | 1 year ago
china buying bitcoin as yuan weakens
Bitcoin

Is China Loading Up on Bitcoin as Yuan Gets Crushed?

Bitcoin has had a monumental morning on the Asian trading session. With a 10 percent surge on the day BTC has reached a three week high while in China, the Yuan collapses to a 10-year...

Martin Young | 1 year ago
Day
Bitcoin Price

Bitcoin Price Starts 2017 Right; Conquers $1,000 on Day One

A New Year means new goals and new possibilities. Everyone should have a goal to reach for the year to come, and we hope you reach your goals in 2017. Bitcoin has its own goals, but...

Evander Smart | 4 years ago
Bitcoin btc bulls are strong
Bitcoin

Onward and Upward: Bulls Still Charging as Bitcoin Price Touches $750

The bitcoin price is approaching the highs it hit in June, sitting around the $744 USD mark at press time. Will it break through 2016’s previous record? Also read: New $1.2...

Jon Southurst | 4 years ago
Investing vs. Gambling
Bitcoin

Bitcoin Price Surges, Trades at Nearly $730

The bitcoin price has jumped since our last price piece and once again, Asia is the continent to “blame.” After a massive recoil down to $704 (the price had hit $740 just a few...

Nick Marinoff | 4 years ago
Bitcoin

Bitcoin Price Drops 8% Amid China Rumors, Who’s to Blame?

Bitcoin’s highest influence allegedly stems from China — the truth behind these words is evident once again. Bitcoin has plummeted by a full eight percent in light of rumors...

Nick Marinoff | 4 years ago

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