Tag Archives for " China "

Japan’s DMM Launches Large-Scale Domestic Cryptocurrency Mining Farm and Showroom

Mining Japanese entertainment giant DMM has launched its “large-scale Japan-quality” mining farm, with a plan to deploy more farms overseas. DMM is also launching a showroom, allowing the public to tour its mining farm, as well as a mining pool. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies DMM’s Mining Farm in […]

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Hong Kong Cracks Down on Securities Tokens – 7 Crypto Exchanges Targeted

Regulation The Hong Kong Securities and Futures Commission has sent letters to seven cryptocurrency exchanges regarding their listings of securities tokens without a license. Most of the exchanges took immediate rectification measures, including removing problematic cryptocurrencies from their platforms. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Hong Kong Takes Action The […]

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Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend

Market Updates Cryptocurrency markets are starting to slowly inch back upwards after many digital assets lost roughly 40-70 percent of the values they held two months ago. Bitcoin core markets (BTC/USD) reached a low of $5,920 this past Monday, but as the weekend approaches the price has regained strength hovering around $8,250-8,450. Moreover, the price […]

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No Strong Case to Ban Crypto Trading, Singapore Says

Economy & Regulation The Monetary Authority of Singapore has been studying cryptocurrency developments and there is no strong case to ban crypto trading, a high-ranking government official told lawmakers. The adoption of regulations in other countries in the region has increased pressure on authorities in the city-state to clarify their stance on bitcoin, as more […]

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Asian markets shoot higher following Wall Street’s rebound

Asian stocks rebounded Wednesday after equities in the U.S. roared back in a late-day rally, as investors returned to buying into weakness. “The only surprise about the current market volatility is that it hasn’t happened sooner,” said Richard Titherington, chief investment officer for emerging-market stocks in Asia at J.P. Morgan Asset & Wealth Management. Stocks […]

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Roboforex Adds Bitcoin Cash and Three Other Cryptocurrency CFDs for Trading

Finance Another major international leveraged trading brokerage has launched a contract-for-difference (CFD) for Bitcoin Cash paired against the US dollar. This means that Roboforex clients gain today the ability to trade the instrument on the most popular platform in the retail forex market, MT4. Also Read: China to Block Access to International Cryptocurrency Exchanges Bitcoin […]

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Steve Wozniak Liquidates Majority of His Bitcoin Holdings

News Apple co-founder, Steve Wozniak, recently stated that he has liquidated most of his bitcoin holdings whilst speaking at a business forum in Sweden. Mr. Wozniak has previously stated that he had purchased bitcoin for approximately $700 USD, suggesting that he likely realized gains of more than 1000%. Also Read: China Censors Cryptocurrency Ads on Search […]

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China to Block Access to International Cryptocurrency Exchanges

Regulation We know you heard this one before, but China wants to ban bitcoin…again. Only this time the government plans to use one of its most far reaching tools, the Great Firewall of China, to completely prevent anyone in the country from reaching foreign exchange sites. Unless they have the technical capability to bypass it, […]

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International Market Maintains Demand for Chinese Mining Hardware

Mining The future for manufacturers of bitcoin mining hardware in China appears bright despite reports that the Chinese central government will seek to rein in the power consumption of mining companies operating within its borders. Hong Kong-based media outlet, South China Morning Post, has reported that there is considerable international demand for Chinese mining hardware […]

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