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Tag: jack ma

Alibaba Rumored To Have Bought $20 Billion In Bitcoin – Will This Come To Fruition?

An investment unit under Morgan Stanley is exploring a $150 billion bitcoin buy
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 […]

Rolling up the sleeves: China’s tech giants drive digital yuan adoption

CBDC tests are proceeding toward deployment, as Chinese internet, fintech and e-commerce giants are leading the digital yuan vanguard.

Chinese regulators ask Fintech firms to solve critical problems

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 […]

Ant Group Reveals PBoC Partnership for Digital Yuan Development

The fintech’s involvement in the CBDC project started in 2017.

Bitcoin is an Investment Says PBOC’s Deputy

Li Bo, PBoC deputy

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...

The Top 10 Richest People in Crypto 2021

All across the world, people are making money from crypto. A decade ago nobody had heard of bitcoin, bar a handful of geeks...

Where is Cryptocurrency Headed in the Near Future: Predictions and Forecasts?

Cryptocurrency going mainstream

The post Where is Cryptocurrency Headed in the Near Future: Predictions and Forecasts? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

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 …

Bitcoin Rallies at 50K: Corporates Flocking Together

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 …

$300M in Bitcoin Flow to Binance From Huobi as China Gets Tougher on Exchanges

The Chinese government cracks down on the crypto exchanges (again), but Binance has been benefiting.

Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO

Jack Ma’s Ant Group Co. is set to raise about $34.5 billion through initial public offerings in Shanghai and Hong Kong, a blockbuster...

Jack Ma blasts global financial regulators’ curbs on innovation

Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that accommodated development. “After the...

Crypto Scammer on the Prowl as YouTube and Twitter Become Central to Bitcoin Scams

Over the years, it has become a known fact for anyone dealing with cryptocurrencies that scams are running rampant. However, as more novice...

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