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A collection of 18 posts

China Weighs Bitcoin Strategic Reserve in Crypto Regulation Talks

China Weighs Bitcoin Strategic Reserve in Crypto Regulation Talks

China’s increasing stockpile of cryptocurrencies confiscated from illegal activities is driving local governments to seek innovative disposal methods, while prompting urgent calls for clearer regulations from the judiciary and financial sectors. Despite a nationwide ban on cryptocurrency trading, local authorities have turned to private firms to convert seized digital

Bitcoin and Crypto Markets Rally on China Tech Tariff Exemption News

Bitcoin and Crypto Markets Rally on China Tech Tariff Exemption News

On April 12, 2025, the crypto market experienced a notable upswing following the U.S. Customs and Border Protection's announcement of updated tariff guidelines. The policy, signed by President Trump, exempts 20 product categories under the Harmonized Tariff Schedule of the United States from reciprocal tariffs, including key

The Hidden Impacts of US and China Tariffs on the Bitcoin and Crypto Industry

The Hidden Impacts of US and China Tariffs on the Bitcoin and Crypto Industry

The cryptocurrency world often feels untouchable, existing in a digital realm far removed from traditional economic pressures. Yet, the new US tariffs on Chinese goods could ripple through the Bitcoin and blockchain space in ways few really anticipate. While Bitcoin and other cryptocurrencies thrive as digital code on decentralized networks,

How U.S. Tariffs and China’s Treasury Sales Are Fueling Bitcoin Reserve Talks

How U.S. Tariffs and China’s Treasury Sales Are Fueling Bitcoin Reserve Talks

The U.S. and China are locked in an economic tug-of-war, with recent U.S. tariffs amplifying tensions and sparking ideas about America’s financial strategy. In April 2025, the U.S. imposed 125% tariffs on Chinese goods, prompting China to accelerate its sale of U.S. Treasuries, including $22.

U.S. and Other Countries Can Step Up Bitcoin Mining ASIC Production Amid Trump Tariffs

U.S. and Other Countries Can Step Up Bitcoin Mining ASIC Production Amid Trump Tariffs

The world of Bitcoin mining is facing a shakeup as most ASIC machines, the specialized hardware that power Bitcoin miners, come from China, where companies like Bitmain dominate the market. With the Trump administration pushing high tariffs on Chinese imports, the cost of bringing these machines into the U.S.

Bitcoin and Crypto Prices Fall as Tariff Changes Spark Market Uncertainty

Bitcoin and Crypto Prices Fall as Tariff Changes Spark Market Uncertainty

The crypto market faced another wave of turbulence today, as Bitcoin and related stocks dropped sharply in response to shifting U.S. tariff policies. After a fleeting moment of optimism lifted Bitcoin by over 8% on Wednesday, the digital currency slipped about 4%, falling below the $80,000 mark once

Chinese Firm Cango Sells Auto Division for $351.94 Million to Boost Bitcoin Mining

Chinese Firm Cango Sells Auto Division for $351.94 Million to Boost Bitcoin Mining

On April 3, 2025, Cango Inc., a Chinese company listed on the NYSE as CANG, revealed plans to sell its China based auto business for $351.94 million in cash. This deal, which kicks off with a $210.64 million payment at closing and follows with additional sums based on

China’s Retailatory Tariffs Rattle Global Markets as Bitcoin Slides to $82K

China’s Retailatory Tariffs Rattle Global Markets as Bitcoin Slides to $82K

Global financial markets faced a jolt this week as China responded to escalating trade tensions with a hefty 34% tariff on U.S. goods, a move that sent ripples through Wall Street and the crypto space. Bitcoin, which had clawed its way above $84,000 just a day prior, felt

Braiins Unveils Bitcoin Mining Chip to Challenge Bitmain’s Market Dominance

Braiins Unveils Bitcoin Mining Chip to Challenge Bitmain’s Market Dominance

Braiins, a company focused on advancing Bitcoin mining technology, has introduced a new ASIC chip designed to compete with Bitmain’s long-standing dominance in the Bitcoin mining industry. Bitmain, a Chinese manufacturer, currently controls roughly 70% of the ASIC market, a position that has raised concerns about centralization in Bitcoin

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

Mining for digital gold in the United States has hit a snag, with Bitcoin miners now facing extended delays in receiving mining machines from Bitmain, China's leading supplier of Bitcoin mining rigs. This disruption is primarily due to the escalating tariff war between the U.S. and China,

China to Impose 10%-15% Tariffs on US Energy and Vehicles, Crypto Markets Will Be Impacted

China to Impose 10%-15% Tariffs on US Energy and Vehicles, Crypto Markets Will Be Impacted

BREAKING: In a significant development in international trade dynamics, China has announced plans to impose tariffs ranging from 10%-15% on US energy and vehicles starting Monday. This decision marks another chapter in the ongoing trade tensions between the world's two largest economies. The move is seen as

US and China Trade War Escalates as Tariffs Affect Crypto Markets Again This Week

US and China Trade War Escalates as Tariffs Affect Crypto Markets Again This Week

It seems crypto can't catch a break this week, as prices are being impacted again, this time due to the retaliatory tariffs imposed on the US from China. Last week Trump and the United States imposed tariffs on goods from China, escalating the ongoing trade tensions between the

Balaji Srinivasan's Vision of a Borderless Digital World

Balaji Srinivasan's Vision of a Borderless Digital World

Balaji Srinivasan, a notable tech entrepreneur and former CTO of Coinbase, has recently shared profound insights into how the internet has reshaped global interactions, economies, and governance. His post is both a commentary on the current state of digitalization and a call to rethink our frameworks in light of a

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

US Treasury Hacked by Chinese Cybercriminals Exploiting Third-Party Software

In what has been described as a "major incident," the US Treasury Department has revealed that Chinese state-sponsored hackers successfully infiltrated its systems. This breach was facilitated not through direct attack but via a third-party cybersecurity service provider, BeyondTrust, whose compromised software granted the hackers access to sensitive,

Chinese Car Dealership Cango Makes $256 Million Investment into Bitcoin Mining

Chinese Car Dealership Cango Makes $256 Million Investment into Bitcoin Mining

In a bold move that underscores the shifting corporate strategy, Shanghai's own Cango Inc., traditionally known for its automotive transactions, has plunged into the murky, yet lucrative waters of Bitcoin mining with a hefty investment of $256 million. Cango's Strategic Shift into Cryptocurrency The company has

Chinese Company SOS Ltd Invests $50 Million into Bitcoin

Chinese Company SOS Ltd Invests $50 Million into Bitcoin

SOS Ltd., a company known for its ventures in blockchain and cryptocurrency operations, has recently announced an ambitious plan to invest up to $50 million in Bitcoin. This decision reflects the company's firm belief in Bitcoin as both a store of value and a pivotal asset within the

U.S. Bitcoin Miners Encounter Delays as Customs Halt Bitmain Shipments Amid Sanctions Concerns

U.S. Bitcoin Miners Encounter Delays as Customs Halt Bitmain Shipments Amid Sanctions Concerns

Crypto mining in the United States has recently been thrown into disarray as key equipment shipments from Bitmain, one of the world's leading ASIC manufacturers, are being detained by the U.S. Customs and Border Protection (CBP). This situation has not only put a spotlight on America'

Shanghai Court Affirms Cryptocurrency Ownership as Legal Under Chinese Law Amid Bitcoin Surge

Shanghai Court Affirms Cryptocurrency Ownership as Legal Under Chinese Law Amid Bitcoin Surge

In a landmark decision that has caught the attention of crypto enthusiasts and legal scholars worldwide, a Shanghai court has ruled that owning cryptocurrencies is not against the law in China. This judgment comes at a time when Bitcoin's price has been experiencing significant surges, closing in on