Tag Archives: china

A 5% Bitcoin Drop In October? History Shows That’s Rare

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According to economist Timothy Peterson, Bitcoin’s recent slide could be a short-lived wobble if October’s history repeats itself. He pointed out that drops larger than 5% in October are rare — they have occurred just four times in the past 10 years — and when they happened, Bitcoin often bounced back quickly. Historical October Bounces… Continue reading A 5% Bitcoin Drop In October? History Shows That’s Rare→

Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000

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The Bitcoin price and the entire crypto and stock market have been operating at the mercy of the tariff wars ignited by US President Donald Trump after being sworn into office. The initial wave of tariff increases on countries such as China triggered massive crashes across financial markets, plunging the Bitcoin price below $80,000. However,… Continue reading Why The US-China 90-Day Tariff Slash Can Push Bitcoin Price Above $110,000→

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

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China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on… Continue reading Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows→

Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?

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Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing. The escalation has pushed BTC back below the critical $100,000 price level. Bitcoin Suffers Amid… Continue reading Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?→

Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation

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As February began, crypto investors found themselves inside a turbulent market after the digital asset space went crashing down, leading to more than $2 billion in crypto liquidations and Bitcoin price plunged near the $90,000 mark.  Analysts attributed the current turmoil in the cryptocurrency sector to the new tariffs imposed by President Donald Trump on… Continue reading Crypto Traders Wrecked As Trump’s Tariffs Spark $2 Billion Liquidation→

Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025

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Anthony Scaramucci, Founder and Managing Partner at SkyBridge Capital, recently shared his insights on Bitcoin (BTC) and the broader cryptocurrency market. Speaking at the Bitcoin MENA 2024 Conference, Scaramucci predicted that China would likely establish a Bitcoin strategic reserve in 2025. Scaramucci Predicts China Will Follow the US Bitcoin Strategy The former White House Communications… Continue reading Anthony Scaramucci Foresees China Bitcoin Strategic Reserve In 2025→

Chinese Court Declares Personal Crypto Ownership Legal In Mainland China

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Bitcoin and crypto ownership in China have been debated and have raised policy questions for years. But a recent Shanghai court ruling clarified that it’s perfectly legal for citizens to hold, buy, and sell Bitcoin or other cryptocurrencies. Judge Sun Jie of the Shangai Songjiang People’s Court explained in an article via WeChat that it’s… Continue reading Chinese Court Declares Personal Crypto Ownership Legal In Mainland China→

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

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Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus… Continue reading Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry→