Stock Market Plunge, Bitcoin Up as US-China Trade War Escalates

Stocks are sinking and bitcoin is moving higher as the US-China trade war appears to be escalating. Stocks Slide as Trade War Bites On Friday, President Trump’s administration raised tariffs on $200 billion worth of annual Chinese imports from 10 to 25 percent. Now, however, the President has said that he’s ready to impose 25 […]

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These Factors Are Pushing Bitcoin Price Above $6000

Bitcoin price reached a high of $5930 May 7 as renewed momentum fuelled a market surge towards the significant $6000 barrier. Bitcoin Price Highest Since November 2018 Data from traditionally more conservative price tracker Bitstamp showed BTC/USD trading just under $5900 at press time. The pair reached its highest value since November 2018 earlier on […]

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Bitcoin Price Wobbles As Trump China Trade Dispute Hits Asian Markets

Bitcoin price was displaying fresh volatility May 6 as global political and economic factors sparked broad uncertainty across markets. Bitcoin Comes Down From Weekly High Data from cryptocurrency exchange Bitstamp, which tends to act as a lower benchmark for Bitcoin markets, put the cryptocurrency trading around $5600 at press time. Bitcoin is down around 1.8 […]

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Chinese Company Lost $23 Million Allegedly Mining Cryptocurrency in Secret

A subsidiary of Chinese firm Huatie has been sold off at 10 percent of its initial value following losses from suspected secret cryptocurrency mining activities amounting to about $23 million. 90 Percent Value Plunged Probably Due to 2018 Bear Market According to Chinese crypto media outlet 8BTC, Huatie HengAn, a subsidiary of Huatie has been […]

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China Quietly Makes It Illegal to Run a Node Without Gov’t Approval

China has introduced new regulations intended to promote the ‘healthy development’ of blockchain technology. However, the new law also entitles the Cyberspace Administration of China to supervise node operators, as well as to request private information.  New Blockchain Regulations China’s Office of Central Cyberspace Affairs Commission (CAC) issued new regulations dubbed “Regulations on the Management […]

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New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least one concept related to cryptocurrency […]

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Study: Asia Has More Impact on Bitcoin Price Than America and Europe

With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, is the dominant driver of Bitcoin price and cryptocurrency markets. Western Focus Might be Misleading […]

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Bitcoin Hashrate Drop Sparks Rumors of $3.8K Miner ‘Turn-Off Price’

The drop in Bitcoin hashrate has sparked rumors China has turned off huge numbers of mining rigs as the process is no longer profitable. ‘More Economic To Turn Them Off’ Video and photo content which allegedly came from F2Pool owner BitFish hit western social media November 20, being uploaded by local news feed cnLedger and […]

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Woman Accepts 21-Day Bitcoin Survival Challenge in Post-Ban China

Do you think you could travel and survive for 21 days on just 0.21 Bitcoin? How about in a country where the authorities have banned it? A Chinese documentary is following a young woman attempting to do just this in some of China’s major cities. Cost of Living Your idea of a reasonable cost of […]

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From Farm to Plate, Blockchain Is Revolutionizing Agriculture

Blockchain technology is increasingly being heralded as a solution to many of the problems plaguing today’s agricultural supply chain.    Many of today’s farmers are keen on embracing cutting-edge technology to help solve a variety of issues in the industry. A 2017 mid-year review from Ag Funder said start-ups related to farm management software, sensing, […]

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