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China, the PBoC x Blockchain: Love and Marriage, Horse and Carriage

China, the PBoC x Blockchain: Love and Marriage, Horse and Carriage

It’s all about China and blockchain. After breaking news of President Xi Jinping’s official endorsement on the blockchain technology and Bitcoin performing a sharp “to-the-moon” move and hitting $10K over the weekend, blockchain-related stocks in China also received a major boost.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day

China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.

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