Tag: china

China Will No Longer Negatively Impact Bitcoin Price, 1% of Global Trading No Comments

While the future of the Chinese Bitcoin and cryptocurrency markets remain uncertain, the Chinese government will no longer be able to manipulate the market and negatively impact the Bitcoin price. Earlier today, on October 16, LIU Post in New York professor and chair of the department of economics Panos Mourdoukoutas suggested the possibility of the Chinese market bringing the price of Bitcoin ...


Bitcoin Price Continues to Rise, Demonstrating Resilience as Core Developer Explains No Comments

Throughout the past week, the Bitcoin price has surged from around $4,500 to $5,920, demonstrating a $1,420 increase in value within a relatively short period of time. Since October 14, the price of Bitcoin has endured a minor correction, declining from $5,920 to $5,500. But, Bitcoin Core developer Eric Lombrozo emphasized the resilience of Bitcoin towards various external factors that could h...


Enforcement Trends in Cryptocurrency Today. newsbtc bitcoin news

Global Lawmakers Struggle with Cryptocurrency Regulation No Comments

As more nations come forward with their plans for cryptocurrency regulation, lawmakers' varied approaches to the issue highlight the many challenges and difficulties presented by such a revolutionary new asset. Around 13 countries have now imposed their own rules or announced intention to do so. Amongst them is considerable diversity. These range from outright bans in Bolivia and Ecuador to fully ...


Bitcoin Price Heads to $5,000 Despite Russia’s Cryptocurrency Exchange Ban Rumors No Comments

Despite rumors about the Central Bank of Russia’s short-term plans to restrict access to Bitcoin and cryptocurrency trading platforms, the Bitcoin price has surpassed the $4,860 mark and is heading towards $5,000. "Russia to ban #bitcoin trading!" - Bitcoin doesn't care, approaching $5,000. Russia doesn't even account for 0.12% of bitcoin trading. pic.twitter.com/o7j7nLTYlY — Joseph Young ...


BTC Soars as Investors Seek Bitcoin Gold Dividends No Comments

The price of Bitcoin has shot to one month highs today. Topping out at around $4,878, the price surge in the world's most popular cryptocurrency has likely been driven by the proposed Bitcoin Gold (BTG) fork. During August, a similar event took place in which Bitcoin Cash split from the main BTC chain. When such a hard fork occurs, everyone holding coins on the original chain, receives an equal...


Bitmain

Just Released by Bitmain New Antminer L3+ Batch Is Sold out to Dealers No Comments

Mining farms owners understand the advantages offered by modern mining equipment with its high performance and reduced energy consumption characterstics. Therefore, they looked forward to the announcement of the entry of a new Antminer L3+ into the market, so that they can upgrade their farms. Bitmain released Antminer L3+ only in April-2017, it is sold as a limited edition offering -- only to ...


Hong Kong’s TideBit Fills Void Left by Chinese Crackdown No Comments

After last month's regulatory measures against the crypto space, trading is rapidly drying up in China. Once the largest market for digital currency trading, the policing of the industry is forcing activity elsewhere. With mainland exchanges shutting down, one company, TideBit, is particularly enjoying the migration. They report an influx of new registrations from China-proper. Set up two years...


China, Driving the Bitcoin Wagon with BitMEX and Others. newsbtc bitcoin news, okcoin, huobi

China’s Bitcoin Market Alive and Well as Traders Defy Crackdown No Comments

Despite the pressure regulators are putting on the domestic cryptocurrency market, Chinese traders are refusing to give it up. From the centralized exchanges, they're moving to peer-to-peer platforms like LocalBitcoins and messenger applications to continue trading. The cryptocurrency shakeup started with a ban on initial coin offerings this September and continued with the country's large exc...


Japan Approved 11 Bitcoin Exchanges and Chinese Traders Demonstrate Why No Comments

In the upcoming months, the Chinese government’s imposition of a nationwide ban on local cryptocurrency exchanges and trading platforms could backfire if the government, People’s Bank of China (PBoC), and the country’s financial regulators do not resume cryptocurrency trading activities. Last week, in an interview with South China Morning Post, a Chinese cryptocurrency trader operating wi...


NewsBTC CHina Regulation Bitcoin Virtual Property

Bitcoin may be Considered Virtual Property Under new Chinese Regulation No Comments

It looks as if we may finally see official cryptocurrency regulation in China. Although this discussion has gone on for some time, the conclusion may arrive in a day from now.Chinese sources claim the new guidelines will go into effect on October 1st of 2017. Although no one knows for sure what the regulation entails, speculation is running wild. China has lost its dominance in the cryptocurrency ...


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