This week, the American President Donald Trump visited South Korea, where he engaged in important talks with the Chinese President Xi Jinping on the increasing trade conflicts. The stakes-filled summit was meant to cool the economic tensions that have shaken the world markets and had a devastating effect on cryptocurrency
China Financial Leasing Group has declared that it is going to create a digital asset investment platform that concentrates on cryptocurrency and blockchain technology projects. The Hong Kong-traded company will raise capital by issuing over 69 million new shares to investors at reasonable prices. The reaction of the market was
Following the agreement to restore a truce between the US and Chinese officials, the crypto market saw a rise. The agreement was made after discussions in London in the last two days. Both countries finally agreed to enter the Pre-Liberation status quo. After this deal, the price of Bitcoin once
H100 Group AB, a health tech company in Sweden, has witnessed a rise of 37% in its shares after the announcement of purchasing Bitcoin for the first time as part of its new strategy. At the same time, Jiuzi Holdings from China unveiled that it has a plan to stack
Bitcoin had reportedly surpassed stocks and showed an uptrend at the time of the sell-off on stock markets last month, after the US President, Donald Trump, announced tariffs on Liberation Day. From a fall of $75,000 reported on April 7, the largest cryptocurrency rebounded to $95,000, a 27% surge by
While cryptocurrencies are rapidly revolutionising financial systems, the Society for Worldwide Interbank Financial Telecommunications (SWIFT) is trying to prevent their misuse to circumvent sanctions by Russia and China. At the London Digital Assets Summit on May 6, Tom Zschach, SWIFT’s Chief Innovation Officer, laid out how the company is enhancing
Bitcoin surged early Wednesday in Asia as renewed optimism over US-China trade negotiations lifted investor sentiment. The cryptocurrency climbed as much as 3.2% to reach $97,500 in Singapore trading before pulling back slightly. Ether, the second-largest digital asset, also saw a gain of 4.2% amid the broader market rally. The
Senior Meta executive Sarah Wynn-Williams turned into a whistleblower regarding the firm’s involvement with China. The news is raising concerns about the social media giant’s intention behind helping China in advanced technology, such as AI development. A Bloomberg news report confirmed that Sarah is going to testify before the Senate
With more strict Western sanctions, Russian oil companies are using more and more cryptocurrencies to trade with India and China, Reuters. This reflects the part played by cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and stablecoins like Tether (USDT) in avoiding traditional financial rules. Crypto as a Tool to Trade Russian
The cryptocurrency market witnessed another hit on 3rd, February 2025, as China responded to Trump’s US tariff implementation. In retaliation, China imposed a 10-15% tariff on American goods and launched an antitrust probe into Google. Following this, Bitcoin fell to a three-day low of $91,541, and Ethereum lost nearly 25%
