Price Analysis
Bitcoin and several major altcoins have started a strong recovery, but the relief rally is expected to face significant headwinds near major overhead resistance levels.
2971
China Crypto News
China, a global economic powerhouse with the world’s largest population, drives significant global trade marked by rapid industrialization and economic growth. China once served as a center for crypto trading and had a vibrant ecosystem of exchanges. However, in 2017, the Chinese government outlawed domestic cryptocurrency exchanges and initial coin offerings (ICOs) because of concerns about financial stability.
China intensified its regulations in 2021 by focusing on crypto mining — once a massive industry in the nation — citing concerns about speculative risk, financial stability and energy usage. Despite its hardline stance on cryptocurrencies, China is actively pursuing blockchain technology adoption across various sectors, including finance, supply chain and urban planning.
Blockchain parks and incubators have been established in various provinces and towns to aid new businesses and established firms specializing in blockchain technology. With its Digital Currency Electronic Payment system — a state-backed digital currency managed by the People’s Bank of China — China is at the forefront of central bank digital currency development. China wants to internationalize its currency and lessen reliance on the United States dollar in international trade and finance, and its CBDC, the digital yuan, is a component of that effort.
- News
Ant Group filed to trademark “Antcoin” in Hong Kong through a Cayman Islands subsidiary while Beijing intensifies its crypto crackdown.
3167 - News
Growing optimism surrounding a potential trade deal is the main catalyst for a recovery in investor sentiment ahead of Thursday’s tariff meeting, industry watchers told Cointelegraph.
2174 - News
Secretary Scott Bessent said the negotiations alleviate the need for the 100% additional tariffs announced by US president Trump in October.
5230 - Market Analysis
Escalating tensions between the US and China, Trump digging in on tariffs and Bitcoin traders avoiding long leverage could push BTC price to new lows.
2703 - Price Analysis
Bitcoin staged a rebound rally to $111,705 as the market recovered from the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top.
5840 - News
Bitcoin and other hard money assets are the only way to fix the economic problems caused by currency debasement, analyst Luke Gromen said.
6677 - News
The de-escalation of tensions and growing odds of a trade deal between the US and China are positive price catalysts for cryptocurrencies.
10036 - News
Ant Group and JD.com have paused their stablecoin initiatives in Hong Kong after Beijing regulators raised concerns over private firms issuing digital currencies.
13364 - Market Analysis
Ether’s price rebound potential hinges on improving US credit and labor data, as traders show caution after recent liquidations and volatility in derivatives markets.
4838 - News
Asked by reporters whether the US is preparing for a trade war with China, US President Donald Trump responded: “Well, we’re in one now.”
6555 - News
CMBI’s tokenization initiative with BNB Chain builds on its previous work with Singapore-based DigiFT, which tokenized its fund on Solana in August.
3688 - News
Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models.
6435 - Market Analysis
Friday’s flash crash reduced short-term risk appetite; it didn’t affect Bitcoin’s long-term potential, though it may have delayed a new all-time high by weeks or months.
7286 - News
Analysts say confusion over China’s export rules rattled markets before Bitcoin miners led a swift recovery on Monday.
10637