Crypto in China

Seit Anfang 2019 ist ein Anstieg des Suchbegriffs Bitcoin in den großen chinesischen Suchmaschinen zu verzeichnen. So stieg auch der Kurs der Bitcoin seit Januar 2019 von 3’736 auf 10’000 US-Dollar. Chinese interest in bitcoin has been on the rise in 2019 (as measured by Baidu searches) pic.twitter.com/qWQDXjAWZT — Alex Krüger (@krugermacro) September 20, 2019 Bei eskalierenden Spannungen zwischen China und den USA und gefährdeten Handesabkommen, erhöht sich die Abfrage...

Bit Farms, a cryptocurrency mining company stationed in Canada, has bought more than 2,000 new A10 Avalon mining machines to improve its mining capabilities. Bit Farms Is Moving Up the Mining RanksCanada has proven to be very attractive to foreign crypto miners, who see the company as a prime haven thanks, in part, to its low energy costs and vast open spaces – perfect for building new mining businesses. At press time, the bitcoin hash rate is breaking all sorts of records, which means that...

North Korea is developing its own national digital currency. The trend follows a long list of other countries, predominantly in Asia and the Middle East such as Iran and China and is likely an attempt to thwart present U.S. sanctions. North Korea and Crypto: A Scary Mix?It’s hard to know how to feel about news like this. On the one hand, any national venture involving digital assets is likely to propel the industry forward, but at the same time, what does North Korea plan to do with this...

Governments around the world went on high alert after American social media giant Facebook announced a permissioned blockchain digital currency, named Libra. Unsurprisingly, the prospect of a privately-backed alternative digital currency didn't exactly excite financial regulators in North America, Europe, and Asia. Here are the four countries that really don't like Facebook's Libra. France Is Not a Fan of Libra France has, perhaps, been the most vocal opponent of Facebook's...

It seems that this year will be a boom period for Apple Inc. as both high end and low-end spectrums of its phones are having a great reception albeit in two different continents and markets. Feelers coming in from Apples’ preorders in China indicate that the iPhone 11 might just become just the device that Apple needs to drive sales this year. The Chinese market has already chosen the iPhone 11 as the most popular Apple product this year.Natural Attraction or Business Gimmick?Usually, the...

It looks like some people (or entities) can change their minds after all. Despite a mixed relationship with cryptocurrency in the past, the People’s Bank of China (PBC) appears to finally be easing up to it. Is China Becoming “Friendlier?”As China’s central bank, the financial institution is looking to release its own digital currency in the future. This is not the same digital currency that China had initially announced weeks ago as a means of combating Libra. This would be an entirely...

Bitcoin-Mining Malware infiszierte in China mehrere tausend Internetcafés wie dieses hier auf dem Bild. Foto CC0 Gemeinfrei via Unsplash Betrüger in China betreiben Bitcoin Mining in Millionenhöhe: In China sorgt ein Betrügernetzwerk für großes Aufsehen. Internet-Cafés wurden von einem Unternehmen in der Provinz Henan gekapert, um für einen Betrug benutzt zu werden. Auf allen...

Facebook's fiat-pegged 'cryptocurrency', the Libra, may reportedly avoid including China's Yuan among its list of supported state currencies. | Source: ShutterstockThe basket of fiat currencies in the line up to back Facebook's Libra "cryptocurrency" may not include the Chinese Yuan.According to Bloomberg, the likely backers include the US Dollar, the Euro, the British pound, The Japanese Yen, and the Singapore dollar.Facebook offered up this potential list after Virginia Democratic Senator,...

Unabhängig aller wirtschaftlichen Spannungen und Sanktionen der Trump Regierung kauft China Safe-Hafen-Anlagen ein. Gold ist dabei die erste Wahl der Zentralbank, die Bevölkerung dagegen setzt mehr auf Bitcoins. Durch die Käufe stockt China seine Goldreserven auf. Im August kaufte China weitere 190’000 Unzen, also 6 Tonnen Gold hinzu. Seit Dezember 2018 stockte China seine Goldreserven fast um 100 Tonnen auf. Gleichzeitig stockt auch Russland seine Goldvorräte auf. Diese Goldkäufe...

Unabhängig aller wirtschaftlichen Spannungen und Sanktionen der Trump Regierung kauft China Safe-Hafen-Anlagen ein. Gold ist dabei die erste Wahl der Zentralbank, die Bevölkerung dagegen setzt mehr auf Bitcoins. Durch die Käufe stockt China seine Goldreserven auf. Im August kaufte China weitere 190’000 Unzen, also 6 Tonnen Gold hinzu. Seit Dezember 2018 stockte China seine Goldreserven fast um 100 Tonnen auf. Gleichzeitig stockt auch Russland seine Goldvorräte auf. Diese...