Cryptocurrency-Related Investment Disputes Are On The Increase In China

Jan 25, 2021

The number of court cases involving cryptocurrency investment disputes reached a record high in 2020. Altogether, the year recorded 872 cryptocurrency-related cases, higher than about 700 of similar cases that were recorded in the previous year, 2019. Some of the most popular of the cases include...

Report: Institutions Contribute Over 50% Trading Volume to Huobi

Jul 20, 2020

Huobi, one of the major crypto exchanges in China disclosed the latest business data in a report jointly revealed by investment institutions IOSG and Huobi. The report revealed that Huobi currently has more than 15 million users (over 80% are from foreign countries), and the latest DAU...

PayPal’s Rumoured Foray into Crypto is for Adoption, Experts Agree

Jun 26, 2020

Adoption comes first for some industry insiders on what would be the main outcome of the rumoured plan that digital payment giant, PayPal, is preparing to support crypto transactions on its platform. If it goes through, they see crypto exposure to PayPal's over 320 million users having an i...

Rising US-China Tension May Impact Crypto Market Again

May 30, 2020

Tension between the U.S. and China is rising again and there is an indication that it could lead to a full-blown financial tussle which could invariably have an impact on the cryptocurrency market. It's likely the U.S. Treasury Department could impose controls on transactions and freeze ...

Online Purchases Top Crypto Use as Adoption Reportedly Grows

Apr 23, 2020

In time for a Reuters analysis which puts Bitcoin as having outperformed stocks this year, new reports hint at what Bitcoin, as well as other major cryptocurrencies, are being used for. With one claiming they are used more for online purchases while the other cites their use for child porn has ...

BitMex, Others Back Bitcoin’s Case as Hedge Against Looming Recession

Apr 11, 2020

Everyone knows the shift is upon us hence central bankers and politicians will throw all of their tools at this problem, sates the CEO of BitMEX exchange in his latest post on a looming reset in the global economy. In the wake of the coronavirus outbreak and its attendant impact on the g...

The Impact of Coronavirus Outbreak in China on Crypto Market: Negative or Positive?

Feb 3, 2020

First discovered in the Chinese city of Wuhan, the Coronavirus is forcing global businesses of all categories to scale back. Given China’s status as a crypto investment hub – it has the most exchanges in the Asia-Pacific region, which in turn has 40 percent of the world’s top 50, crypto ...

China’s Embrace of Blockchain Doused by Growing “Black” Tech Market

Nov 28, 2019

The recent release of technology bluebooks has thrown a spanner in the works for those mixing Chinese government's interest in blockchain with cryptocurrencies and digital assets. The books' release, as reported by CCTV, points to how technology has brought more convenience to people in Chin...

Buy-back strategy helps Chinese crypto surging recently

Jun 14, 2019

A  few days ago, the crypto market continues to be depressed after the withdrawal of the price of Bitcoin, but the Chinese cryptos  are surging against the trend. Early this month, Chinese cryptos have become the major force of rise, with GXC surgeing up 37% and NAS 46%. Over the past ...

Bitcoin 2019: How Going for Tech or Profit Could Impact Growth

Jan 1, 2019

Though with a positive outlook of an improved crypto market in 2019, Bitcoin climbing to its all time high record could face an uphill struggle. The wrangling between the industry's make-up of those who are into Bitcoin for profit and those who stand belief in its technology would drag the marke...