Tag: china

NEO

NEO the Chinese Dragon awakes No Comments

Most of this week’s crypto news has been dominated by Litecoin and Ethereum. Both have broken all-time highs and both have taken some of the limelight from big daddy Bitcoin which has ranged between $16,000 and $17,400 over the past few days. LTC has corrected from a previous top of $338 on December 12 and Ethereum is still hitting new tops surpassing $750 a few hours ago. Other altcoins have...


market, bitcoin

Who remembers 2013? Bitcoin’s First Amazing Bull Run No Comments

For me, 2013 has long stayed in my memory as a year that affected me personally - a year where one key event happened which impacted me directly.  Looking back on it now though it seems that history has repeated itself. Firstly, though he wasn’t a new President, Obama was sworn in for his second term in the White House and once again this year we saw a new POTUS take charge.  Secondly, we a...


Bitcoin Price Has Remained Above $7,300 Without China, What Happens Next? No Comments

Over the past two weeks, the bitcoin price has demonstrated a meteoric rise in value, increasing from $5,400 to $7,300, without the existence of a major market in China. In September, the Chinese government and its central bank the People’s Bank of China (PBoC) cracked down on cryptocurrency trading, requesting leading bitcoin exchanges such as OKCoin, Huobi, and BTCC to shut down temporarily...


China’s Largest Bitcoin Exchange CEO Publicly Condemns SegWit2x No Comments

Star Xu, the CEO of OKCoin, the largest bitcoin and cryptocurrency exchange in China, has publicly condemned SegWit2x, describing it as a “shitcoin.” Xu stated: “Personal advice is B2X should not be listed. It’s a shitcoin but remove replay attacks protection.” Charlie Lee, the creator of Litecoin and former Coinbase executive, agreed with the statement of Xu, criticizing its lack o...


DEA Report Confirms Bitcoin is Used for Trade-based Money Laundering Schemes in China No Comments

Bitcoin has been associated with money laundering for quite some time now. Most of these claims are bogus and have never been proven in an official manner. A new DEA report shows Bitcoin is certainly involved in a Chinese laundering scheme. More specifically, the world's leading cryptocurrency "facilitates" trade-based money laundering schemes. It is an effective tool to bypass capital controls. ...


NewsBTC SegWit2x China

Gordon Chang: Chinese to Liberalise Bitcoin? No Comments

Author of best selling book, The Coming Collapse of China, Gordon Chang, is not optimistic about a loosening of legislation surrounding Bitcoin and cryptocurrencies following the 19th National Party Congress. Rumours have long circulated that with the change in leadership will come a more liberal attitude towards digital currencies. Speaking with The Street, Chang expressed his pessimism. He c...


Bitcoin Price Could Reach $10,000 if China Resumes Cryptocurrency Trading This Year No Comments

Earlier today, on October 21, the Bitcoin price achieved a new all-time high at $6,199. The market is confident that the price of Bitcoin could reach $10,000 in the mid-term if major markets such as Japan and the US continue to strengthen. For third time this week, #bitcoin achieves new all-time high again at $6,199. When China resumes bitcoin trading, $8k realistic target? pic.twitter.com/H...


privatix

Privatix: Fighting Internet Censorship with a Fully Autonomous Network. No Comments

Governments today are targeting our basic freedom of expression on the internet. It seems like the only way to squash civil unrest is by cutting off the country from internet access. Government censorship in China has prompted a sizeable number of the Chinese population to switch to Virtual Private Networks. It is unclear for how long this cat and mouse game will go on. The same can be said for cr...


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...


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