Chinese Telecom giant Coolpad to buy Bitcoin mining rigs worth $13.5 million
Coolpad Group plans to acquire 2,700 BTC mining rigs for $13.5 million. The company will deploy these rigs in North America. Coolpad, a Shenzhen-based telecom provider listed on the Hong…
Arthur Hayes says the Chinese trader will drive crypto’s next bull market
Arthur Hayes says the crypto autumn rally will be catalysed by Chinese traders. According to the BitMEX co-founder, a weakening of the yuan amid massive credit issuance will drive capital…
Exploring the Chinese Crypto Token Narrative and Its Impact
Key Takeaways: China's recent decision to abandon its "Zero Covid" policy and inject $600 billion yuan into the economy is potentially driving up prices of risk assets, including...
TrueUSD Launches TCNH, a TRON-Based Stablecoin Pegged to Offshore Chinese Yuan
San Francisco, United States, 15th December, 2022, Chainwire We are thrilled to announce that the TrueUSD team is launching a new product called TCNH, which is a stablecoin pegged to…
Binance is not a Chinese company, says Changpeng Zhao
Changpeng Zhao has hit back at claims that his cryptocurrency exchange Binance is a… The post Binance is not a Chinese company, says Changpeng Zhao appeared first on CoinJournal.