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CHINA ON BITCOIN
Why Elon Musk-led blockbuster SpaceX IPO may spell more bad news for cryptoThe impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting fu...- US stocks: SpaceX IPO demand is approaching four times oversubscribed, source saysSpaceX's initial public offering is seeing massive investor interest. Demand has reached over 250 billion dollars, far exceeding the 75 bil...
- Dollar firms after strong US jobs data, pushes yen through 160 levelThe dollar strengthened significantly, poised for over a 1% weekly gain following robust U.S. employment figures. Nonfarm payrolls exceeded...
- US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopesUS stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter ...
- Dollar steady as Middle East peace hopes recedeMiddle East conflict fears are keeping the U.S. dollar steady as oil prices climb. Investors worry about renewed hostilities and their impa...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Full explainer on Gulf conflict, Strait of Hormuz risks and global marketsWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall in next few days? Oil prices climbed after new c...
- Axis Mutual Fund announces temporary suspension of subscription to units in its 3 international fundsAxis Mutual Fund has temporarily suspended subscriptions in three international funds from May 5 due to overseas investment limits. While f...
- Why US stock market surging big today on final day of April? Dow Jones, S&P 500 and Nasdaq all in green as Dow jumps record 500 points — Nvidia, Intel and Meta Platforms stocks crashUS stock market surging big today. Dow Jones, S&P 500 and Nasdaq rally as Dow jumps record 500 points. A powerful mix of blowout earnings, ...
- Iran’s sanctions-busting crypto ambitions grow on toll paymentsIran proposes digital currency for Strait of Hormuz passage tolls. This move highlights a significant sanctions-evasion network. While legi...
- Bitcoin mining in China rebounds, defying 2021 banThe resurgence in bitcoin mining, which has also been corroborated by rig maker Canaan Inc's fast-rebounding sales in China, could act as a...
- China accuses US of stealing 127,000 Bitcoin worth $13 billion — calls it a state hack; BTC price prediction turns tenseChina has accused the US of stealing 127,000 Bitcoin (BTC). The total value is over $13 billion. Beijing says it was a state-backed hack. T...
- Exodus of cryptocurrency machines from ChinaChina mined two-thirds of the world's bitcoins in 2020; in other words, until last year, Chinese bitcoin mining accounted for around 65 per...
- Has a long winter set in for Bitcoin? Top analyst says it’s just bear marketIt is important to note that while China has banned Bitcoin mining, it has not banned holding or transaction of Bitcoin. Its own central ba...
- China's Bitcoin crackdown sparks fears of dirtier cryptominingBitcoin's value tumbled last week after China's central bank urged banks and payment firms in the country to crack down harder on cryptocur...
- Bitcoin price sinks below $30,000 for first time since JanuaryThe world's largest cryptocurrency slumped over 7% to $29,332, its lowest since Jan. 27, after giving up gains made in Asian hours. Its fal...
- Beijing doubles down on rooting out crypto in ChinaThe People's Bank of China's statement sent bitcoin tumbling to a two-week low and ether to a more than five-week low. On Tuesday, prices o...
- Bitcoin tumbles 10% in wake of deepening China crackdownThe world's biggest cryptocurrency, long plagued by volatility, has lost over 20% in the last six days alone
- Bitcoin drops as hashrate declines with China mining crackdownThe largest cryptocurrency fell 5.5% to $34,142 as of 10:50 a.m. Sunday in New York, dropping for a fourth time in the past five sessions. ...
- More Bark, Less Bite: China crypto players shrug off latest crackdownChina's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto fin...
- China crypto players shrug off Beijing's latest crackdownCryptocurrencies could still be bought from China on Thursday and investment schemes promising juicy returns for mining them remained opera...
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