Tag: Bitcoin China

bitcoin china price crash
January 20, 2017 BY Valentina Kirilova

PBoC bans leveraged Bitcoin margin trading in China

The People’s Bank of China has been investigating major Bitcoin exchanges in the country including BTCC, Huobi and OKcoin. Huobi and OKCoin have formally announced they have halted margin trading services. The Shanghai Head Office of the People’s Bank of China has found after an initial investigation that BTCC was engaged in illegal operations and…

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June 14, 2016 BY LeapRate Staff

What's behind Bitcoin's price spike? Brexit? China? Something else?

Anyoption analyst Elise Blanford takes an interesting look at what is happening right now in the cryptocurrency market, as Bitcoin is leading a charge upward in prices. For more of Elise’s research see the Anyoption blog. [divide] While Bitcoin has had a particularly tumultuous year, the recent surge higher in prices comes amid numerous factors…

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December 05, 2013 BY Gerald Segal

PBOC bars Chinese financial institutions from dealing with Bitcoins

Prices slump $300 from recent highs around mid $1200’s following the announcement The digital currency has been on a tear for the past couple of hours after the PBOC has announced at 08:00 GMT that it is forbidding financial institutions in the country to handle Bitcoin transactions. The announcement is coming only days after deputy…

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December 03, 2013 BY Gerald Segal

Is Bitcoin Gold 2.0 or Tulip 2.0 – the race is on!

The currency dubbed ‘gold 2.0’ briefly traded above the price of its long term store of value competitor Yes, it has finally happened – gold has been dethroned as a store of value and an inflation hedge! Oh well, maybe it’s too soon to predict the doom of an age old currency such as physical gold…

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November 12, 2013 BY Gerald Segal

New VC-backed Bitcoin Exchange itBit opens, based in Singapore

itBit aims at facilitating institutional investors with rock solid security and regulatory compliance As Bitcoin Magazine first reported yesterday, we have a new global player from Singapore that has launched a new bitcoin currency exchange. Attracting some serious venture capital companies such as Canaan Partners and RRE Ventures the company has raised about $3.25 mln,…

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October 21, 2013 BY Gerald Segal

Bitcoin prices soar again, driven by Baidu and China

Latest batch of Bitcoin investors are Chinese players triggered by Baidu's decision to accept Bitcoin payments. Apparently the more news about Bitcoin, the better for the digital currency. We all remember the astronomic rise in Bitcoin prices that we observed back in March/April thanks in large to the mainstream media spelling out the name "Bitcoin"…

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