Search Results for: China
How China Influences Bitcoin Price, Explained
February 17th, 2017
1.Why has Bitcoin price become volatile again? The short answer to that question is China. On Feb. 9, 2017, Bitcoin price has plunged by more than 9%. The fall took place after an extended period of growth: Bitcoin value ...
Two of China’s Biggest Bitcoin Exchanges Stop Bitcoin Withdrawals
February 10th, 2017
Two of China’s most widely used bitcoin exchanges have announced that they will suspend bitcoin and litecoin withdrawals for one month effective immediately. Yuan recharge, withdrawals and other services will not be affected, the exchanges said. In public posts ...
Bitcoin price falls on news of coming from China
February 9th, 2017
Bitcoin price falls as Chinese authorities meet with exchanges Bitcoin traders are once again fearful of a crackdown in one of the digital currency’s largest markets Bitcoin prices retreated Wednesday following reports that China’s central bank is holding a ...
Bitcoin hits one-month high after drop in China FX reserves
February 8th, 2017
Bitcoin jumped more than 2 percent Tuesday to its highest since Jan. 4 amid a surge in speculative activity in Chinese exchanges after a drop in China’s foreign exchange reserves. “The volume in the Chinese exchanges is starting to ...
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
Credit China FinTech Enters into US$30 Million Deal with Bitfury Group
January 26th, 2017
The board of directors (the “Board”) of Credit China Fintech Holdings Limited (“Credit China Fintech” or the “Company”, stock code: 8207) and its subsidiaries (the “Group”) announced today that it has entered into a US$30 million deal with BitFury ...
China’s economy grows 6.7% in 2016
January 20th, 2017
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5 ...
Leveraged trading in bitcoins halted in China
January 20th, 2017
Central Bank orders major trading platforms to halt leveraged trading business, and strengthen internal systems to curb money laundering Leveraged trading in Bitcoins has been halted in China, nearly a week after the central bank launched its first-ever probe ...
Dollar Drops on Yellen Comments, China Shares Rise: Markets Wrap
January 20th, 2017
Shanghai equities advance as GDP growth tops forecasts Gold heads for fourth weekly gain before Trump inauguration The dollar weakened after Janet Yellen said it’s prudent for the Federal Reserve to gradually adjust policy over time, while Chinese equities extended ...
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...
