Tag Archives: Chinese

Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

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In 2008, at least 54,000 Chinese babies suffered after ingesting formula that had been contaminated. Demand for safe products has grown year over year, every year, since then. Companies like blockchain-centric Techrock have capitalized on this market by finding unique solutions to the authenticity problem. Techrock uses the blockchain to track every step of a product’s lifecycle and rewards consumers for verifying it through their mobile phones. Continue reading Rakuten Taps Chinese Blockchain Firm for $60 Billion Authenticity Market

Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

According to CNLedger, a recognized source of China-related cryptocurrency news, the Chinese over-the-counter (OTC) market has revealed strong buys as of late, indicating an overall rise in demand for bitcoin. Continue reading Chinese Crypto Whales Avoid Ban with Premium OTC Trading to Buy Bitcoin

Booming Chinese Capital Outflows May Result In 2019 Crypto Bull Run

Increasing rates of Chinese capital outflows over the past few months are presenting the cryptocurrency space with an unprecedented opportunity as citizens of one of the world’s most strictly regulated jurisdictions find ever more ingenious ways to get around financial movement restrictions. Continue reading Booming Chinese Capital Outflows May Result In 2019 Crypto Bull Run

Chinese Analysts Say Bitcoin Bear Market Likely to Continue In 2019

Chinese analysts expect the current bitcoin bear market to continue in 2019, contradicting the bullish projections of crypto bulls like Mike Novogratz, who predicts that the bitcoin price will hit record highs this year. Continue reading Chinese Analysts Say Bitcoin Bear Market Likely to Continue In 2019