Category: China

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

Rumors of expanding war, massive inflation destroying peoples purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki......

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level

Chinas central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the Peoples Bank has been stepping......

Ron Paul vztraja, da bo prišlo do kolapsa ameriškega gospodarstva,Nekdanji kongresnik pravi, da je likvidacija 'popolnoma potrebna'

Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. gospodarstvo’s “collapse will come,” and......

Strah pred vojno, Opičje koze povzročajo osip na delniških in kripto trgih, medtem ko plemenite kovine naraščajo

Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&p 500, Dow Jones, and NYSE have shed a few percentages today, while the global......

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market

Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. Po poročilih, the......

Kitajski državni mediji opozarjajo, da bo cena Bitcoina padla na nič, ko so regulatorji izdali novo opozorilo o kripto

A Chinese state-run newspaper has published an article warning about bitcoins price falling to zero amid the crypto market sell-off. medtem, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless Chinas state-run......

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencents Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions......

Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that theres roughly 31 million metric tons of gold ore waiting to be mined in the region. Poleg tega, a spokesperson from Ugandas Ministry......

Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly

The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% od $1.83 trillion to today’s $1.54 trillion.......

Mike Novogratz pričakuje, da bo Bitcoin dosegel 500.000 $ - pravi, da je BTC odlična alternativa v gospodarstvih s slabim upravljanjem

Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy. He expects the price of the cryptocurrency to hit $500K. “We see an adoption cycle that accelerates......