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  • Bitcoin’s Price Slides as China Pares Stimulus Plans

Bitcoin’s Price Slides as China Pares Stimulus Plans

Bitcoin’s September rally, where the crypto rose 21%, was driven largely by Chinese stimulus packages. Market players are underwhelmed as the Chinese government’s stimulus plans did not live up to…

Conflux (CFX) soaring after Bank of China announced SIM Card NFC payments

At press time, Conflux (CFX) token was trading at $0.1981, up 10% in the last 24 hours. Conflux Network partnered with China Telecom to develop a Blockchain-powered SIM card (BSIM)…

Binance CEO says “it’s a big deal” after China broadcast crypto on state TV

Binance CEO Changpeng Zhao says China’s state TV crypto broadcast is “a big deal.”  He notes that previous coverage has historically been bullish for crypto. His comments come as Bitcoin…

Conflux and China Telecom debut first on-chain interaction with Blockchain SIM card

Toronto, Canada, May 16th, 2023, Chainwire Conflux Network, the first regulatory compliant public blockchain in China and global communications network, China Telecom, today unveiled its jointly developed Blockchain SIM (BSIM)…