The first-day moon of the second quarter of the year is unfolded on a bullish note for the cryptocurrency community. Bitcoin has started correcting losses as it heads for a price retest at $60,000, while Ethereum closed the month of April above $2800, encouraging investors to pay attention to the asset as it makes its […]
TL;DR Breakdown Fintech subdivisions such as Tencent and ByteDance were present Regulators are concerned about the links between payment delivery and finance services. Chinese entrepreneurs have notified the 13 most prominent technology companies about the need to solve some critical problems. This is a sign that the regularizations on Fintech extend to Jack Ma’s Ant […]
Li Bo, the Deputy Governor of the People’s Bank of China (PBoC), has stated that bitcoin is an investment in what some are calling a reversal of China’s harsh stance...
In the last few years, cryptocurrency has undoubtedly become a global phenomenon. Although many skeptics put off the idea of a decentralized, digital currency in its preliminary stages, its resilience proved superior. Bitcoin is worth more than 50,000 dollars as of the eleventh of March 2021. However, before receiving this incredible feat, the crypto giant …
It is not a secret that Elon Musk, the world’s richest man and business tycoon behind many successful businesses like Tesla and SpaceX, set an upward trend in bitcoin value by tweeting about Bitcoins and investing $1.5 billion earlier this year. And since then, its value has witnessed a sudden surge encouraging many corporates to …
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that accommodated development.
“After the...