China

China

Markets

Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.

Bitcoin price on 10 11 (CoinDesk)

Markets

Bullish Bitcoin Hopes Dented as China Eases Stimulus Plans

The lack of new measures and announcements of new stimulus at a Chinese briefing today pared hopes of a long-drawn stimulus package - one that contributed to a bitcoin run in the past few weeks.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Markets

Bitcoin, Asian Equities May Be Losing Capital to China Stocks

Even with a 3-5% cost to convert [stablecoin] USDT into equities, the potential upside of 50-70% in China's stocks makes this a strategic move, one observer said.

Viewing the stock board displayed on the electronic bulletin board in the business district

Markets

Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo

According to BCA Research, generating large bullish "credit impulses" is now a tough task for China.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)

Videos

Sentiment Around Ether 'Couldn't Be Worse': Sygnum Bank Head of Research

Sygnum Bank head of research Katalin Tischhauser discusses the underperformance of ether comparing to bitcoin and Solana and the negative sentiment around ETH. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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Videos

Why Bitcoin Stumbled While Stocks Soared, And What Happens Next

Sygnum Bank head of research Katalin Tischhauser joins CoinDesk to discuss the Federal Reserve interest rate cut in the U.S. and the stimulus package in China, and how these economic policies could impact the broader crypto market. This content should not be construed or relied upaon as investment advice. It is for entertainment and general information purposes.

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Policy

China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital Economy

The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto.

Beijing's Forbidden City. (Ling Tang/Unsplash)

Markets

Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs

Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.

Bitcoin price 9/26/24

Markets

Bitcoin More Linked With U.S. Fed, Traders Say, as China Lands Stimulus

People’s Bank of China governor Pan Gongsheng announced a range of measures to stimulate the economy.

(Coindesk Indices)

Videos

Macro Impact on Crypto: Fed, China and Global Liquidity

Lyn Alden Investment Strategy founder and Analyst Lyn Alden joins CoinDesk with her analysis on how macroeconomic factors like the Fed interest rate cut, China's economic influence and global liquidity are shifting the crypto market. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

Recent Videos