Category Archives: China

Chinese Online Lottery Company 500.com Acquires Bitcoin Miner Maker for $100M

500 com Bee Computing

Chinese online lottery organization 500.com has absorbed Bee Computing, a Hong Kong-enrolled producer of bitcoin mining machines, for $100 million, as indicated by a documentation with the U.S. Protections and Exchange Commission.  500.com, which changed its name to BIT Mining Limited in March, has been discreetly moving its concentration from its striving on the web lottery business to bitcoin mining […]

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Asia Covers 60% of the World’s Crypto Landscape

Asia Crypto Landscape

With regards to digital currencies, Asia represents a colossal number of crypto clients, organizations, miners, dealers, and the sky’s the limit from there. The cryptographic money and blockchain specialist from messari.io, Mira Christanto, clarifies that Asia has apast filled with despots, cash devaluation, [and] capital controls – all ready for disturbance. This has likely prompted Asia being the most dynamic […]

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First Insured Malaysian Bitcoin Fund Opens for Southeast Asian Markets

BGBF-I

South East Asia’s first insured  Bitcoin fund, BCMG Genesis Bitcoin Fund-I (BGBF-I), has formally dispatched to address the developing worldwide premium from institutional and corporate financial backers. This Bitcoin-only asset offers protection inclusion and endorsing for Public Offering Security Insurance (POSI), adding an additional security level to its customers’ speculations. The asset is managed in Labuan, Malaysia.  The asset will […]

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Asia Is Still the Driving Region for Cryptocurrency

Asia Crypto

With regards to cryptographic forms of money, Asia represents countless crypto clients, organizations, miners, merchants, and then some. The digital money and blockchain analyst from messari.io, Mira Christanto, clarifies that Asia has a past filled with despots, cash devaluation, [and] capital controls – all ready for interruption. This has likely prompted Asia being the most dynamic cryptographic money markets, as […]

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Bitcoin Price Plunges But Asian Markets Continue to Acknowledge Crypto

Worried Businessman

Bitcoin unexpectedly plunged 17% to beneath $48,000 on Monday in the wake of recording a progression ever higher in the previous week. The main crypto arrived at a $1 trillion market cap on Friday prior to taking off to a record $58,042 on Sunday. Bitcoin immediately recuperated from the dive and was drifting on solid land $54,000 at the hour […]

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Bitcoin Continues to Soar, Beating the $52,000 Mark

Bitcoin $50000

Bitcoin’s extraordinary meeting gives little indication of subsiding yet after the token bounced past US$52,000 mark interestingly. The biggest digital money was minimal changed in Asian exchanging Thursday at about US$52,100 after a fivefold flood in the previous year. Bitcoin’s convention for some is symbolic of a theoretical blanket in monetary business sectors inundated with boost. The crypto dependable counter […]

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China’s Dominant Share of Hash Rate Makes Bitcoin Vulnerable

China Hash Rate

In contrast to the securities exchange, Bitcoin and the bigger cryptographic money market exchange 24 hours every day. Be that as it may, while financial backers can exchange whenever, the value activity isn’t equivalent or uniform consistently of the day. There are times of high instability followed by practically zero value activity. This interaction happens each day, framing a cycle. […]

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Chinese Sports Lottery Outfit 500.com to Buy 5,900 Machines for Bitcoin Mining

500 com bitcoin mining

SWIFT and the clearing place and the computerized cash research establishment of the People’s Bank of China (PBoC) have united to begin a monetary passage organization in China. The new entity, called Finance Gateway Information Service Limited, was enrolled in Beijing on January 16 with 10 million euros ($12 million) as consolidation capital, as indicated by openly available reports.  The […]

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Asia Is Responsible for Half of the World’s Crypto Trading

Asia Crypto Trading

Asia represents practically 50% of all advanced resource exchanging and is home to six of the 10 biggest crypto unicorns, as per a report by Messari, an online information base for the crypto business.  China, Japan, Korea, Hong Kong, and Singapore are market pioneers with profound pools of liquidity, adding that other Asian nations likewise can possibly scale. Messari analyst […]

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Investors Seek Exposure to Bitcoin after Price Rally

Investors

Bitcoin trade exchanged items are seeing record exchanging volumes. In the interim, all the more large banks are supposedly attempting to get into the crypto space, including Goldman Sachs. With the cost of bitcoin quickly ascending over late months, more financial specialists are looking for openness to the cryptographic money. The cost of bitcoin rose about 24% since the start […]

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