Tags : Chinese

Bitcoin

Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin,

News › Bitcoin · Ethereum › China › Investments According to the board, they are seeing a large adoption across China and countries from Southeast Asia. Companies considered “conservative” are now exploring cryptocurrencies and blockchain technology. José Oramas · March 17, 2021 at 10:58 pm UTC · 2 min read Chinese firm Meitu recently announced […]Read More

Market

Why a Chinese New Year Sell-Off May Not Happen This

The lunar Chinese New Year this year is on Feb. 12, right around the corner. But unlike in previous years, some analysts and traders say the “Chinese New Year Dump,” a belief bitcoin’s (BTC) price would drop around the holiday period, will not take place this year. Why? The impact of retail traders in China […]Read More

Bitcoin

Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 […]Read More

Bitcoin

Chinese state TV covers Bitcoin pushing 20% above $20,000

Finally, the world’s eyes are on Bitcoin. Over the past 36 hours, the leading cryptocurrency has enjoyed a jaw-dropping rally that has brought it from $19,000 to as high as $23,800 on leading spot and futures exchanges. Bitcoin is primed to move even higher, analysts say, as there exist no technical resistance levels above the […]Read More