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Tag Archives: China

How Would The ‘Chinese New Year’ Affect The Price of Bitcoin?

Feb 1, 2021

The characteristic swings usually displayed by Bitcoin price is what has earned it the reputation of a very volatile asset. While a lot of people assume that high volatility of Bitcoin price makes it risky for investment, others see the price swings as opportunities to make money. Several fa...

Crypto User Index Shows Low DeFi Interest in China 

Jan 29, 2021

Olusegun Ogundeji

While decentralized finance (DeFi) is most popular in Southeast Asia where more than 50% of users use their decentralized applications (dApps), crypto users from China are least likely to use DeFi applications, findings from Binance’s 2021 Global Crypto User Index suggest. 54% of t...

New Player to Join China’s Crypto Mining Space  

Jan 15, 2021

Olusegun Ogundeji

As talks of MicroBT (Whatsminer maker) planning to go public on the US Nasdaq stock exchange market persist, a Chinese holding company that provides marketing data, technology and solutions has joined the list of new players going into crypto mining. SOS Limited, formerly known as ...

Crypto Scams in China Increase 4 Times Than That in Previous Year

Jan 13, 2021

Vincent He

Although China's regulator have tightened the supervision of cryptocurrency activities, launched investigation, tracing,bank card freezing and other actions, and have achieved initial results. However, due to the characteristics of anonymity, complexity and transnational nature of cryptocurrency,...