Bitcoin targets $70K as stablecoin inflows and China stimulus boost rally

Bitcoin has surged past $65,000, boosted by Chinas stimulus measures and stablecoin inflows.

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HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited. (Read More)

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The key misunderstanding with China's purported BTC hashrate dominance

According to CryptoQuant founder Ki Young Ju, Chinese mining pools control 55% of the network hashrate, while US mining pools control 40%.

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$8.1B in Bitcoin options expire this month Do bulls or bears have the upper hand?

Will this weeks $8.1 billion Bitcoin options expiry fuel a rally to $70,000 or should traders anticipate a correction? 

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China Remains The Worlds Largest Bitcoin Mining Hub Despite Crypto Ban

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$70K next for Bitcoin? China joins Fed in huge macro event

Bitcoin traders are getting divisive, while BTC price action bides its time as more central bank policy easing is announced.

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Bitcoin price target rises to $78K after Chinese stimulus package

Bitcoin rallied strongly after the previous two stimulus package announcements by the People's Bank of China.

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China still controls 55% of Bitcoin hashrate despite crypto ban

China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021.

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Bitcoin rallies to $61K, but derivatives traders are still skeptical Here is why

Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.

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Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data

Bitcoin price wobbles near $58,000 as uncertainty over the Feds monetary policy decision looms and traders eyeball weak economic data in China.

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Chinese gov't mulls anti-money laundering law to 'monitor' new fintech

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.

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Chinese govt mulls anti-money laundering law to monitor new fintech

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.

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3 key Bitcoin price metrics highlight traders lack of enthusiasm

Bitcoin price struggles as stablecoin and futures market data show declining confidence among traders.

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China Forestry Executives Found Guilty of Market Misconduct

The Market Misconduct Tribunal finds China Forestry's former chairman and CEO guilty of false disclosures and insider trading. (Read More)

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Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity

Plus Token wallets moved $63.1M ETH after three years of inactivity. Dormant funds, once held in Bidesk, were partially transferred to Huobi. The move could cause market panic; ETH is currently valued at $2,379.35. In a dramatic development, cryptocurrency wallets linked to the notorious Plus Token Ponzi scheme have moved a staggering $63.1 million worth […]

The post Plus Token Ponzi scheme wallets moved $63M ETH after years of inactivity appeared first on CoinJournal.

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Bitcoin Mining Was Never Banned In China

Analyzing the claim that Bitcoin mining was banned in China in 2021. The second report from the "FUD Fighters" series powered by HIVE Digital Technologies Ltd.

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Tesla appears closer to shipping domestic robots than robotaxis

A Boring Company update indicates Teslas Full Self-Driving software isnt ready for single-lane tunnel use.

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Overly optimistic Bitcoin traders washed out as BTC futures turn neutral

The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.

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Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM

The 3 Hong Kong spot Bitcoin ETFs surpassed HK$2 billion ($272M) in assets under management since launching this year. The growth shows increasing institutional appetite for regulated Bitcoin products in Asia.

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Hong Kong Bitcoin ETFs top $250M AUM

For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.

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