China


Marchés

Bitcoin Drops $2K as China Declares Cryptocurrency-Related Business Illegal

Bitcoin erased Thursday’s 3% gain as PBOC stepped up its crackdown on crypto

Bitcoin's daily chart (TradingView)

Finance

Coach and GQ China to Release Six NFTs on Ethereum

The launch will mark Coach’s first foray into digital tokens.

A Coach store in New York. (WestportWiki/Wikimmedia Commons)

Vidéos

Headwind From China, Will Evergrande’s Debt Crisis Further Impact Crypto?

If Evergrande goes through with defaulting, and if there is a contagion in the Chinese commercial paper market, what effect could this have on crypto? MarketGauge Group Managing Director Michele Schneider shares her markets insights.

CoinDesk placeholder image

Finance

TR Lab to Launch NFTs Inspired by Kai-Fu Lee and Chen Qiufan’s Book ‘AI 2041’

Five artists were tapped to interpret the book into NFT art.

Kai-Fu Lee speaks at TED2018 - The Age of Amazement, April 10 - 14, 2018, Vancouver, BC, Canada. Photo: Ryan Lash / TED

Vidéos

Fed Chair Jerome Powell Signals Rate Hikes Possible Next Year

Reacting to Federal Reserve Chair Jerome Powell's latest statement on rate hikes and tapering timelines, CoinDesk's Galen Moore discusses the possible impact on the crypto markets, digging into the correlation between bitcoin and risk-on investments. Plus, his take on China's Evergrande debt crisis and highlights from the Mainnet 2021 conference in New York.

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Technologies

¿Quieres minar bitcoin en casa? Compass Mining ahora vende ASICs individuales

“Estamos asistiendo a un renacimiento de la minería doméstica”, afirma Thomas Heller, de Compass.

An Antminer bitcoin mining machine pictured in 2018. (Carlos Becerra/Bloomberg via Getty Images)

Vidéos

Valkyrie Investments CIO on BTC, Evergrande, Fed Tapering

Steven McClurg, CIO of alternative asset management firm Valkyrie Investments, discusses his analysis of bitcoin's price swings this week as it faces resistance at the $40,000 level, citing the rising Evergrande crisis in China. Plus, his take on crypto regulation, Fed tapering, Valkyrie's bitcoin futures ETFs, and more.

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Vidéos

Could China’s Evergrande Default Risk Trigger Domino Effect in Global Financial Markets?

Ming Zhao, an entrepreneur and former analyst at Point72, discusses her outlook for bitcoin as the wider crypto and traditional markets have potentially been impacted by a rising liquidity crisis out of Chinese property developer Evergrande. Could its default risk trigger a domino effect across the global economy? Plus, Zhao's take on the possible impact of China's regulatory storm on crypto, including stablecoins.

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Marchés

Fear Is Good (For Your Wallet)

Dismissing negative signals as nothing but FUD is a great way to lose money.

A trader works on the floor of the New York Stock Exchange (Michael Nagle/Bloomberg via Getty Images)

Vidéos

Evergrande Debt Woes Hit Crypto, Mooncakes in the Metaverse

Crypto market hit by Evergrande’s debt woes. Bitcoin mining difficulty continues to rise. Modern Mid-Autumn sees mooncakes in the metaverse. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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