China
Chinese Companies That Have Nothing to Do With Crypto Are Pivoting to Mining
While these moves seem opportunistic at first glance, some of the companies are well-positioned to get involved in bitcoin mining.
Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First
Bitcoin analysts say this week's quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether.
Bitcoin Poised for Further Losses After Two-Day Plunge Wipes Out More Than $100B
Even after a price plunge of more than $10,000 over the past couple days, analysts see further selling ahead.
Central Banks of China, UAE Join Blockchain-Based CBDC Payments Project
The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.
OKCoin Delists Bitcoin Forks
OKCoin will delist two forks of bitcoin-bitcoin cash (BCH) and bitcoin SV (BSV). Jason Lau, COO of OKCoin, joins "First Mover" to explain the reasons for this decision.
Tencent and Ant Group-Backed Banks to Join China's Digital Yuan Trial: Report
The two commercial banks join the six state-owned banks already participating in the CBDC trial.
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
Urban Tea has hired two more executives ahead of its expansion into cryptocurrency mining.
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Crypto Mining Farm Spotted Using Nvidia RTX 30 Gaming Laptops: Report
Images have surfaced on Twitter reportedly showing a crypto-mining operation using laptops fitted with high-end Nvidia RTX 30-series graphics cards.
China Was Questioning Tesla About Quality Problems. Then Bitcoin Happened
How Tesla caught a lucky break.
