More / Bitcoin Reddit - 3 years ago
China Central Bank says All Crypto related transactions are Illegal
submitted by /u/Z3R05H1FT [link] [comments]
News about China
Bitcoin News / Bitcoin.com - 3 years ago
Rich Dad Poor Dad Author Calls Evergrande a ‘House of Cards’ While China’s Officials Prep for Firm’s Demise
The world is still focused on the financial downfall of China’s real estate giant Evergrande and according to Chinese authorities have told the private sector to get “ready for the possible storm.” Reports show that even...
Cryptocoins News / The Cointelegraph - 3 years ago
New decentralized stablecoin in China targets international trade
Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. As financial authorities around the globe become inc...
Cryptocoins News / The Cointelegraph - 3 years ago
Too 'grande' to fail — Bitcoin price stumbles at $44K as China plans for Evergrande's implosion
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation. Bitcoin (BTC) faced stiff resistance above $44,000 on Thursday, Sept. 2...
More / Bitcoin Reddit - 3 years ago
The money printer seems to be on again! - China Keeps Adding Liquidity to System Amid Evergrande Risks - Bloomberg
submitted by /u/Amber_Sam [link] [comments]
by COINS NEWS - 3 years ago
China markets have been open for almost 12 hours now and nothing happened.
Yesterday there was a lot of people claiming there would be massive price drops today just as soon as the China markets were open, everybody was in panic and everybody was expecting a black Wendnesday today. Well, as you can see nothing happened (jus...
by COINS NEWS - 3 years ago
Evergrande has not said anything about repayment on USD bonds. It’s only paying back China onshore Bonds. Be careful
News is doing the rounds that evergrande is going to pay back the bonds and getting a restructuring. This news only says it’s going to repay the China RMB denominated bond. Not the USD bond that’s held by major Western Hemisphere institutions. This...
More / Bitcoin Reddit - 3 years ago
Bitcoin network recovered back to 140 Exahashes per second after China related drop.
submitted by /u/simplelifestyle [link] [comments]
by COINS NEWS - 3 years ago
2 minutes until China’s market opens. Unofficial discussion thread.
TWO more minutes to go until we see the effects of Evergrande! If you don’t know the second largest real estate mogul is in deep debt and is about to default on interest payments. We do not know the effects of this on the markets yet. Is it priced in...
More / Bitcoin Reddit - 3 years ago
The problem of China Evergrande is not as serious as everyone thinks
The problem of China Evergrande is not as serious as everyone thinks. Its total debt is 300 billion U.S. dollars. But it does not need to be repaid immediately. As a real estate builder, he owns 100 billion US dollars in real estate projects under co...
by COINS NEWS - 3 years ago
A panicked mass sell-off overnight has sparked one of the biggest price drops in cryptocurrency history. And China is to blame.
submitted by /u/108record [link] [comments]
by COINS NEWS - 3 years ago
Binance Gets Allies In Rally Against China & Centralized Banks Propaganda
submitted by /u/joe691013 [link] [comments]
More / Bitcoin Reddit - 3 years ago
Good thing china banned bitcoin months ago! China's financial system is colllapsing and it won't impact Bitcoin since theres no bitcoin in china.
have fun staying poor china. submitted by /u/hyperinflationUSA [link] [comments]
by COINS NEWS - 3 years ago
Today 2 other Chinese real estate companies collapsed. This is a big BUST! It is clear why China banned crypto - CCP could never let their people use crypto and get out of this crisis.
If you thought Evergrande was the only one in trouble, there has been some big news today. 2 other Chinese property developers have collapsed today Property developer Sinic Holdings (Group) Co Ltd crashed 87% today and trading was halted co...
More / Etherum Reddit - 3 years ago
Ethereum hashrate reaches record highs, after consolidation announced by China - Blockbulletin
submitted by /u/sepke12345 [link] [comments]
by COINS NEWS - 3 years ago
PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro
In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...
by COINS NEWS - 3 years ago
PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro
In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...
by COINS NEWS - 3 years ago
PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro
In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...
by COINS NEWS - 3 years ago
PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro
In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is probably the most unpopular major coins, but it is the glue holding the world of crypto exchanges together. I...
by COINS NEWS - 3 years ago
PSA: Stuart Hoagner (Tether's lawyer) just basically confirmed that Tether is in fact holding Chinese Commercial Paper. Though denying it's Evergrande debt, with default looming and its systemic effects on the China money market, this this is a Lehman Bro
In the last 24 hours, $56 Billion in USDT volume was traded. That is more than Bitcoin, ETH, and the next 3 largest coins combined. It is the glue holding the world of crypto exchanges together. I'm sure most of you have seen the movie "The...
Cryptocoins News / The Cointelegraph - 3 years ago
Shanghai Man: China’s version of McJob meme, eCNY airdrops, Canaan’s record revenue
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes i...
Cryptocoins News / The Cointelegraph - 3 years ago
BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China
Comparisons to 2008 flow in as traditional finance receives a fresh blow from a firm “too big to fail.” Bitcoin (BTC) cautiously held $48,000 on Thursday as excitement...
Bitcoin News / Bitcoin.com - 3 years ago
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are worki...
Cryptocoins News / NewsBTC - 3 years ago
Is Evergrande Defaulting? Is This The Reason For China’s War Against Bitcoin?
The biggest property developer in China, Evergrande, seems to be on the verge of collapse. They apparently owe $300B. Is bankruptcy on the table? There’s a better question, though. Is Evergrande the only company in the sector with these kinds of debt...
More / Bitcoin Reddit - 3 years ago
The Lehman Brothers moment - China Evergrande's liquidity crisis deepens, report flags interest payment miss
submitted by /u/greeniscolor [link] [comments]
