Crypto in China

Das letzte Wochenende kann für Bitcoin als eines der besten des Jahres betrachtet werden. Ende Juni bewegte sich der BTC-Kurs das letzte Mal so stark und stieg auf einen Höchststand des Jahres 2019 von 11’000 US-Dollar. Bei einem solchen Kursverlauf würde nicht mehr viel an Bewegung der gleichen Grössenordnung fehlen, um die 50’000 US-Dollar zu erreichen. 2’000 USD in zwei Tagen für den BTC-Kursverlauf Bitcoin holte am Wochenende alle Verluste des letzten Monats wieder auf....

Made in China ???Bitcoin-Preis explodiert, nachdem chinesischer Präsident sich positiv zur Blockchain äußert Am vergangenen Freitag stieg der Bitcoin-Kurs auf fast 9.500 Euro. Viele Experten gehen davon aus, dass der Preisanstieg auf Nachrichten aus China zurückzuführen ist. Chinas Präsident Xi Jinping forderte das Land auf, die Einführung der Blockchain-Technologie zu...

China’s Center for Information and Industry Development released its latest Global Blockchain Technology Assesment Index report. EOS ranks first, followed by TRON and Ethereum. XEM and GXChain removed from the CCID’s crypto raking index. China’s Center for Information and Industry Development (CCID) published a new list of its crypto ranking index. The move comes after President Xi Jinping’s announced a plan to embrace blockchain technology. China’s Crypto Rankings CCID is a research...

It sounds like China is really warming up to bitcoin and cryptocurrencies as of late.China: Mixing Things Up Even MoreThe latest price hike for BTC has ultimately come about largely because Chinese president Xi Jinping commented that blockchain technology could bring his country’s infrastructure to new heights. Thus, he’s planning to push blockchain innovation very hard in the future.But prior to these words, it’s known that China hasn’t always been friendly to crypto. For one thing, the...

LVMH, the French multinational luxury goods company and owner of the Louis Vuitton and Givenchy brands, has made an official offer to acquire Tiffany & Co., the popular American luxury jewelry retailer. LVMH hopes to expand its business, by taking a direct dive into the United States markets for luxury fashion items and has chosen to do this through Tifanny.According to a Bloomberg report, LVMH is offering $14.5 billion for the acquisition which was noted by certain people who are privy...

Lesser-known cryptocurrency NEO surged more than 35% on Sunday. The sudden move launched the NEO price to nearly $12, even as the wider crypto market cooled off from its recent rally. Let’s examine the factors behind NEO’s breakneck recovery. In the wake of a historic cryptocurrency market resurgence, NEO has suddenly sprung to life, securing an impressive 35% single-day rally. What’s driving that rapid upswing? Bitcoin Jolts the Crypto Market Back to Life The crypto markets boomed...

The bitcoin price zoomed higher on Friday, reversing its punishing losses from earlier in the week. Following a 14% rally, BTC now boasts a market cap of more than $150 billion. Some observers have connected the move to Chinese President Xi Jinping’s recent comments on blockchain. Despite a wave of bearish calls on social media in recent weeks, the bitcoin price is bucking the trend on Friday. The flagship cryptocurrency has skyrocketed back above $8,000 to set a two-week high at...

Americans have stood the test of time by making the so-called “American Dreams” a reality. Not just ones, twice or thrice, but for several decades by producing the highest number of wealthy people globally.But according to the recent annual wealth survey conducted by Credit Suisse, America is in for a rude shock after China has overhauled them as the new residence of the growing population of wealthy people around the globe.There’re 99 million Americans among the 10% wealthiest individuals in...

It seems like Facebook’s new currency, Libra, has regulators scared out of their wits… So much, in fact, that the United States government is now looking into potentially developing its own digital currency – issued by its central bank – as a means of competing.Libra Has Everyone TerrifiedLibra, as we all know, has gotten very mixed reactions from both regulators and the general public in the past, with very few Facebook users saying they would consider using Libra if it was available today....

For many people, i.e. Warren Buffett, bitcoin and cryptocurrency are two things that should be avoided at all costs. For others however, like billionaire Peter Thiel, bitcoin’s success is just getting started, and the coin represents a whole new wave of financial innovation that the world hasn’t seen yet.Peter Thiel: The BTC Champion?Thiel is the co-founder of PayPal. His love of crypto is ironic considering he lost former executive David Marcus to Facebook’s blockchain division. Marcus later...