China’s foreign money hits a 2.5-year high as the greenback weakens — a basic bullish setup for Bitcoin that isn’t working. China’s onshore yuan closed at its strongest level since May 2023 on Thursday, buying and selling at 7.0066 per greenback and almost breaching the psychologically key 7-per-dollar mark. The transfer caps a 5% appreciation…
Chinese-language networks working on Telegram have turn out to be the spine of the world’s largest illicit crypto economic system. These teams have surpassed the darkish net in fusing scams, AI-driven deception, and cash laundering into a single, industrial system. Telegram Markets Now Dwarf Historical Dark Web Giants The scale is unprecedented. Elliptic data reveals…
Hong Kong is shifting to develop into the primary jurisdiction in Asia to ascertain express laws permitting insurance coverage firms to spend money on cryptocurrencies, in accordance with a Bloomberg report. The Hong Kong Insurance Authority (IA) is proposing new guidelines that may channel insurance coverage capital into digital belongings, together with cryptocurrencies and stablecoins….
The Santa Rally—Wall Street’s beloved year-end custom—has discovered an keen viewers amongst Chinese crypto Twitter’s most adopted analysts. Far from dismissing it as Western-market folklore, key opinion leaders within the Chinese-speaking group are treating the ultimate buying and selling days of 2025 as a crucial sign of what lies forward in 2026. Santa Rally More…
Welcome to the US Crypto News Morning Briefing—your important rundown of crucial developments in crypto for the day forward. Grab a espresso as world markets enter a interval of unprecedented friction with the period of synchronized financial cycles coming to an finish. While the US quietly restores liquidity, China stays locked in a state of…
Seven main Chinese monetary trade associations collectively issued a threat warning, marking essentially the most complete crypto crackdown for the reason that 2021 ban that drove all crypto exchanges in a foreign country. The associations cowl banking, securities, funds, futures, fee clearing, listed firms, and web finance. They acknowledged that every one crypto-related enterprise actions,…
For years, Chinese crypto traders have relied on USDT and different dollar-pegged stablecoins as a protected harbor from market volatility. But a dramatic shift in foreign money dynamics is forcing them to rethink: what occurs when the “steady” coin loses worth in opposition to your private home foreign money? Over the previous six months, the…
China’s yuan is on monitor for its strongest annual efficiency in 5 years, gaining almost 4% in opposition to the greenback in 2025. While the rally has captured headlines in conventional finance, its implications for cryptocurrency markets are sophisticated by Beijing’s more and more hawkish regulatory stance. Reduced Capital Flight, Tighter Enforcement Several factors are…
S&P Global Ratings downgraded Tether’s USDT stablecoin stability rating from constrained to weak, citing elevated publicity to unstable belongings like Bitcoin. This transfer triggered intense debate on Chinese social media, with merchants expressing considerations starting from skepticism to outright panic. The timing is crucial for China’s underground crypto market. Over 20 million contributors rely upon…
Several crypto information gadgets are within the line-up this week, together with BlackRock’s progress on the Ethereum ETF, the MegaETH ICO, and pivotal US–China diplomatic talks. Ongoing institutional motion and worldwide coverage shifts might gasoline volatility and dealer optimism. Traders and traders can place their portfolios strategically by front-running the next headlines this week. BlackRock’s…