Blockchain Cryptocurrency News

Military-Run Media Advises China to Reward Soldiers With Cryptocurrency

In yet another example of China’s changing view of cryptocurrency, the People’s Liberation Army’s (PLA) media mouthpiece is calling for its soldiers to be rewarded with crypto to incentivize performance. A Tokenized Rewards and Demerits System A recent article in the military-run PLA Today suggested that some form of cryptocurrency could be used as part Read more…

Cryptocurrency News

Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers

While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. The world’s financial regulators are all casting eyes Read more…

Blockchain Cryptocurrency News

Blockchain Spending in China to Exceed $2 Billion by 2023

China’s blockchain spending is expected to see rapid growth in the next three years and exceed the $2 billion figure by the end of 2023, according to a report carried out by market intelligence firm IDC. IDC Data Confirms China’s Blockchain Plan The IDC report comes shortly after Chinese President Xi Jinping himself endorsed the Read more…

Bitcoin Blockchain Cryptocurrency News

Bitcoin Headlines to Millions in Chinese State Daily

This morning bitcoin was making the headlines in a Chinese state newspaper as the bullish momentum gathers pace in Beijing’s blockchain drive. Bitcoin On The Front Page Reports are circulating on crypto twitter that Monday’s edition of the official state-run publication of the People’s Republic of China, Xinhua, featured an article titled ‘Bitcoin: The First Read more…

Blockchain Cryptocurrency News

Chinese State Media is Busy Riding the Blockchain Bull

The crypto momentum is all coming from China at the moment. As the US continues to stumble over its own bureaucratic hurdles, the red dragon is steaming ahead with more blockchain bullishness that will ultimately benefit the wider crypto industry. Chinese State Media Can’t Get Enough of ‘Blockchain’ Founding partner at Primitive Crypto and China Read more…

Bitcoin Cryptocurrency News

How Bitcoin Fundamentals Are Going From Strength to Strength

Bitcoin has spent another day in consolidation following a roller-coaster ride last month. This year has had similar ups and downs in terms of BTC price but fundamentally the network is going from strength to strength. Bitcoin Network Getting Stronger In terms of price, BTC has spent another day trading within its range in the Read more…

Binance Bitcoin Cryptocurrency News

Binance CEO Says Bitcoin Will Hit $16,000 “Soonish”

Binance CEO, Changpeng Zhao, has moved boldly with another prediction. This time, seeing Bitcoin hit $16,000 soon. CZ Among Top Bitcoin Influencers Binance’s CEO has been one of the most influential voices in crypto, though not without critics and detractors. But CZ remains bullish on his Twitter channel, recently making a prediction for BTC to Read more…