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Tag: Chinese market

Cambridge Centre for Alternative Finance Alternative Finance Report: Total Global Volume Increases, If You Remove China

The Cambridge Centre for Alternative Finance (CCAF) has just released its most recent report providing data on the global alternative finance industry. According...

Indian Investments In Crypto Grow Rapidly As $40 Billion Milestone Is Reached

India is seeing explosive growth in crypto investments compared to last year as the $40 billion milestone is crossed. Rapid Growth In Cryptocurrency Compared To Last Year As per a Bloomberg report, Indian investors now hold $40 billion in virtual assets, a massive increase from $200 million a year ago. Traditionally, precious metals like gold […]

China: Huobi Ceases Support For Crypto Derivatives Trading

China’s ongoing crackdown on cryptocurrencies has forced Huobi exchange to halt derivatives trading services to users in China. As per an updated User Agreement from the Seychelles-based exchange, China is now on the list of prohibited jurisdictions for derivatives trading. Crypto users in the country can still access the exchange for spot trading. Mounting Necessary
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Chinese Banks Received $1t in Forex Deposits in May

According to the People’s Bank of China’s announcement, foreign exchange deposits in China have crossed the $1 trillion mark for the first time. Economists believe that this will give the Chinese government a lot more freedom to allow the outflow of capital from the country. A major reason for this increase in foreign exchange flowing …

Tiger Brokers (Singapore) Becomes a Clearing Member of Central Depository

It has received approval-in-principal from two Singaporean Exchanges.

Top crypto rig maker suspends sales in China, moves overseas

TL;DR Breakdown Bitmain goes public with the temporary suspension of mining rig sales. The company is also leaving china and looking to explore new markets overseas. China’s most prominent cryptocurrency rig maker has announced its intentions to temporarily suspend the sales of spot mining equipment globally to relieve widespread panic liquidation of rigs induced by […]

How Will China Banning Cryptocurrency Influence the Future of Bitcoin

Bitcoin fell 20% in the last six days when investors became more anxious and skeptical of the future of bitcoin in the face of China’s continuing clampdown on cryptocurrency. Bitcoin fell as low as $29,000 on June 22 when the news came that China’s six major banks and Alipay are banned from accepting cryptocurrencies or...

The post How Will China Banning Cryptocurrency Influence the Future of Bitcoin appeared first on Live Bitcoin News.

Extra Crunch roundup: TC Mobility recaps, Nubank EC-1, farewell to browser cookies

What, exactly, are investors looking for? Early-stage founders, usually first-timers, often tie themselves in knots as they try to project the qualities they hope...

Nvidia CEO Jensen Huang weighs in on the metaverse, blockchain, and chip shortage

How to protect your game from cheaters and pirates They have major impact on your reputation, cause...

Filecoin Price Sheds 2.44% at $69.08 – Where to Buy FIL

Filecoin has been shedding value ever since the April market crash, and the coin is not seeing any signs of recovery. On April 1, the [...]

Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B

Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company’s business. This morning, we’re...

Temenos inks cloud partnership with Huawei, eyes expansion in China, Asia-Pacific

Bank software provider Temenos is eyeing an expansion into the Chinese market under a deal inked with IT giant Huawei, announced Thursday. Temenos...

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