China

Crypto

Chinese Nationals Gain Access to Stablecoins in Hong Kong Via Flare, Red Date Technology Trial

As Hong Kong prepares to unveil new regulations for stablecoins, including allowing digital currencies on public blockchains, a trial of…

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Crypto

Bitcoin (BTC) Mining Bans Can Backfire on Climate Conscious Governments: Exponential Science

When it comes to the environmental impact of mining bans, certain countries stand out. For example, China, Russia, and Malaysia…

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Crypto

U.S. Treasury Clamps Down on Projects Near Military Bases, Such as Crypto Mining Sites

In a move to protect national security, President Biden ordered the shutdown of a bitcoin mining facility located near Warren…

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Crypto

Bitcoin Begins the Week on a High, Jumps Above $64K

On Monday, major cryptocurrencies experienced an upward trend, with memecoins taking the lead over the weekend. Despite China’s stimulus announcements…

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Crypto

Bitcoin (BTC) Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift

Bitcoin, the pioneering cryptocurrency that dominates the market in terms of value, experienced a significant increase in value recently, reaching…

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Crypto

Bullish BTC Hopes Dented as China Eases Stimulus Plans

At CoinDesk, we are committed to providing you with the latest news and updates from the cryptocurrency industry. Our team…

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Crypto

Bitcoin (BTC), Asian Equities May Be Losing Capital to China Stocks

The recent surge in Chinese stocks can be attributed to the stimulus package and increased investor activity during the national…

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Crypto

Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo

BCA Research has pointed out that creating significant bullish “credit impulses” has become increasingly difficult for China. This poses a…

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Crypto

Zhu Guangyao, China’s Former Minister of Finance, Asks Beijing to Study Crypto Industry

Stay informed with the latest news and updates in the cryptocurrency industry from CoinDesk, an award-winning media outlet. Our team…

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Crypto

Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet

Bitcoin prices may see a boost in the long term due to a new influx of cash, according to analysts.…

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