Tag: china

  • technical analysis bitcoin
    Technical

    Bitcoin Price Analysis: BTC Losses Coincide with China’s New Policies

    Bitcoin Price slow down after sinking 10 percent China introduces new privacy quashing blockchain rules Trading volumes steady but bearish Even though today’s losses are low, there is hope for traders as long as Bitcoin prices are oscillating above $3,700. Drops below this minor support line could trigger...

    Dalmas Ngetich | January 11, 2019 | 4:00 pm
  • Analysis

    US Stocks Rise on Positive Trade Talks with China; Bitcoin Cautious

    The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China. The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index...

    Davit Babayan | January 11, 2019 | 1:00 pm
  • china censorship
    Blockchain

    China Gets More Blockchain Censorship Powers Under New Rules

    China’s crypto angst has shown no sign of abating as we enter a new year. Another raft of restrictive regulations has just been implemented for blockchain companies in the People’s Republic. Data Privacy Not Applicable in China The Cyberspace Administration of China (CAC) has just introduced more regulations...

    Martin Young | January 11, 2019 | 9:00 am
  • Bitcoin

    CoinShares Exec: China Crypto Plan Could Make Dystopian Future a Reality

    Bitcoin was designed in the wake of the 2008 global economic crisis as a way to take control over money away from central authorities such as governments, banks, and other traditional systems. The decentralized design could also prevent communist countries like China from establishing control over their citizen’s...

    Tony Spilotro | December 14, 2018 | 5:00 pm
  • Crypto
    Blockchain

    Hong Kong Blockchain Startup Hires China’s Bitcoin Evangelist After He “Quits”

    Although China has continued to relentlessly clamp down certain subsets of the crypto industry, the nation’s blockchain scene continues to swell at an unbridled pace, backed by hotshot entrepreneurs, billions in Renminbi (China’s currency), and world-renowned incubators and venture capital consortiums. Most recently, a notable Chinese blockchain startup...

    Nick Chong | December 5, 2018 | 12:00 pm
  • Cryptocurrency
    Bitcoin

    Investor: China Has a “Love-Hate” Relationship with Crypto and Blockchain

    It’s no secret that China has a long and complicated history with cryptocurrency and blockchain technology, at times showing their love and hopefulness for the latter, while frequently taking actions to prohibit the use of the former. While speaking at East Tech West, Edith Yeung, the head of 500 Startup’s...

    Cole Petersen | November 27, 2018 | 6:30 pm
  • ASICS
    Industry

    $5 Million Lawsuit Claims Bitmain Mined at Expense of U.S. Customers

    Gor Gevorkyan, a Los Angeles resident, has filed a lawsuit against Bitmain for allegedly mining cryptocurrency at his expense. The class action claims that bitcoin mining giant had redesigned its ASIC devices “to mine crypto currency for the benefit of itself rather than its customers who purchase the...

    Ricardo Esteves | November 27, 2018 | 10:00 am
  • Binance Exchange
    Industry

    Binance Branching Out, Invests $3 Million in US OTC Crypto Trading Platform

    The massive crypto rout this week has not tempered the expansion plans of the world’s largest exchange. Binance recently announced that they were planning to invest into an over the counter trading desk called Koi Trading. Building Freedom of Value Exchange Globally Binance Labs revealed yesterday that it...

    Martin Young | November 21, 2018 | 11:00 am
  • Coincheck E-Net Bitcoin Electricity Bill
    Industry

    Chinese Bitcoin Mining Centers Fear Electricity Cuts as Compliance Issues Loom

    Having banned the exchanges where cryptocurrencies like Bitcoin are traded, the Chinese government is now cracking down on the plants where such currencies are mined. The Yingjiang Administration Bureau for Industry and Commerce, which enforces enterprises and consumer protection laws, issued a notification to the Bitcoin mining facilities...

    Davit Babayan | November 13, 2018 | 10:00 am

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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