Author Archives: Coin News Asia

Bitcoin Price Crashes, Loses $1000 in Value in Asian Trades

Bitcoin Price Drop

Bitcoin dropped in Asian exchanging on Thursday to at one point stand more than 6 percent down on the day subsequent to neglecting to make record highs. Bitcoin, the world’s greatest and most popular cryptocurrency, was last exchanging around US$17,700, having lost more than US$1,000 since its past close. As indicated by a report, the three fundamental factors that have […]

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China or Paypal: What Drives the Bitcoin Price Spike?

China Paypal Bitcoin Price

Bitcoin hit an unequaled high of $19,783 on December 17, 2017, preceding falling 80%+ throughout the following a year. Presently, the computerized money is back up over $18k.  Izabella Kaminska from the Financial Times outlines a couple of famous hypotheses for why individuals are purchasing up Bitcoin: rising expansion concerns identified with huge government upgrades and developing doubt in power.  […]

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Bitcoin Price Surpasses $18,000 Mark for the First Time Since 2017

Bitcoin Price

Bitcoin just moved past $18,000 unexpectedly since December 2017, expanding a wild run for the digital money this year. The cost of bitcoin was exchanging about 8.6% higher Wednesday morning at $18,172, breaking a level it hasn’t hit since Dec. 20, 2017. Bitcoin has been on a tear in 2020, soaring over 150% in a bounce crypto devotees have authorized […]

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CitiBank Predicts Bitcoin Price to Hit $318K Mark by 2021

CitiBank

Bitcoin’s cost could take off to countless dollars one year from now, as per a significant American bank.  An ongoing specialized examination report that CitiFX is said to have given to its institutional customers says it could arrive at a $318,000 amount at some point in December 2021 and could proceed significantly higher in 2022.  In a spilled note to […]

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China Construction Bank Offers Investors Digital Tokens Trading

CCB

China Construction Bank Corp. is intending to raise up to $3 billion from an offer of bonds that people and organizations can exchange and out of utilizing U.S. dollars or bitcoin.  The Beijing-based bank, one of China’s biggest, is selling an advanced bond that financial specialists outside the nation can purchase for as meager as $100. The security would turn […]

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Hong Kong Continues the Call for Crypto Trading Regulation

Hong Kong Crypto Regulation

The CEO of the Securities and Futures Commission (SFC), Ashley Alder, said in a discourse that Hong Kong will before long manage all digital currency exchanging stages, regardless of whether they exchange securities.  Digital currency and other virtual resource venture items have started financial specialists’ inclinations internationally in the previous not many years, and Hong Kong is no exemption, with […]

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India to Overtake China in P2P Trading Volume

India China P2P Trading

The expanding estimation of Bitcoin [BTC] has given a prod to numerous merchants napping during the low unpredictability time frame. The coin’s present exchanging estimation of over $15K has empowered huge benefits for BTC financial specialists. As the digital money market backtracked the 2017/18 excursion, the P2P volumes seemed 66% lower than the pinnacle noted during the past bull run.  […]

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Bitcoin Price Skyrockets Past the $16K Mark

Bitcoin Price Soars

As excitement produced by the fervently challenged US official political decision poured out over from customary business sectors, bitcoin’s cost took off past $16,000. Notwithstanding, the gobsmacking value move didn’t amaze veteran crypto eyewitnesses.  Full scale speculator Dan Tapeiro brought up that the value move was compatible with the stock-to-stream forecast models of quant expert PlanB.  He tweeted: “Now entering […]

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Hong Kong Pushes for More Cryptocurrency Trading Regulation

Hong Kong Trading Regulation

Hong Kong will manage all digital currency exchanging stages working in the money related center, the city’s business sectors guard dog said, changing its past “pick in” approach.  Monetary controllers around the globe are as yet evaluating whether and how they ought to direct the cryptographic money industry. Speculator security and forestalling illegal tax avoidance are specific concerns.  Other money […]

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