The price of bitcoin fell to almost 50 per cent of its all-time high on Sunday after China announced yet another crackdown on crypto mining. Ethereum (ether), Cardano (ada), dogecoin and other major …
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Crypto miners start move to North America as China vows crackdown
Chinese crypto mining companies are moving their operations abroad after a State Council committee called for a crackdown on the industry.
INSIGHTS | The only rundown you’ll need on JD Logistics’ IPO
JD Logistics is a loss-making company that offers great service at lower profit margins. Can it fend for itself once it goes public?
Commodity prices slide as China warns of ‘excessive speculation’ – business live
China Targets ‘Speculators and Hoarders’ to Stop Commodity Boom Worth noting copper, steel, aluminium and iron ore getting hammered on chinese exchanges on back of authorities crack-down. Likely a …
Iron ore price slides as China warns of ‘excessive speculation’ – business live
China is pushing raw material prices down today, but may struggle to keep them down in the longer term, says Jeffrey Halley, senior market analyst at OANDA. Commodities remain under some pressure as …
China’s latest move to tighten crypto regulation is not new, says HSBC
Chinese Vice Premier Liu He and the State Council said in a statement on Friday that tighter regulation on cryptocurrency is needed.
Global metal prices fall as China further warns against price hike
Global prices for industrial metals have fallen after Chinese authorities warned commodity traders in the country over pushing up prices. China’s National Development and Reform Commission (NDRC) …
Bitcoin price falls as China crypto miners suspend operations due to Beijing crackdown
The prices of several cryptocurrencies, including Bitcoin, have dropped further as top mining operators including Huobi Mall and BTC.TOP suspended their operations in China. China accounts for nearly …
China crackdown forces crypto mining operators to end operations
After Friday’s crackdown, several firms said they are looking to move their business overseas, especially North America.
Crypto miners halt China business after crackdown, bitcoin tumbles
Bitcoin took a beating after China’s crypto-mining ban and is now down nearly 50% from it’s all-time high. The latest shakeout in digital currencies also stems from tighter scrutiny in the United …
Chinese farming billionaire seeks Hong Kong IPO for global deals
What distinguishes New Hope Service’s IPO is that Liu, a household name in China, is set to own his first listed unit outside of the mainland, and that company has stated it will use 70%…
China’s April manganese ore imports drop 14.3% on month
China’s imports of manganese ore reversed down in April after the short-lived recovery over the prior month, according to the latest detailed data released by China’s General Administration of Customs …
Crypto miners halt China business after Beijing cracks down, bitcoin dives
Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the …