Bitcoin price action decouples from stock markets, but not in a good way
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000.
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American Politicians Want to Limit China’s CBDC Usage in US App Stores
The Republican senators – Mike Braun, Tom Cotton, and Marco Rubio – introduced draft legislation focused on the Chinese digital yuan. The lawmakers are against the financial product and believe…
Move-to-Earn App STEPN Hit Hard by China Ban
STEPNs GMT and GST tokens have plummeted following an announcement that the app will stop serving players from mainland China. STEPN to Restrict Chinese Players STEPN is cutting its services...
Draft bill to ban China’s digital yuan from US app stores
Three Republican senators introduced a bill to protect Americans from the "Authoritarian Digital Currencies Act."
Chinese Indexes Company Launches Hang Seng Metaverse Index
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time…
Developing countries love the Metaverse, rich nations not keen: WEF survey
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they'd use it daily in comparison to developed countries.
Bitcoin’s current setup creates an interesting risk-reward situation for bulls
A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal.
China’s BSN Ready With Blockchain Cloud Service for August Launch: Report
China may have banned cryptocurrencies on its territory, but blockchain technology remains a key priority area for the government. Its global ambitions in this space are just taking off with…
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to…
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While…
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