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US vs. China: Trump’s Aide Predicts New Bitcoin Space Race


The rise of bitcoin as an international reserve asset might ignite a new space race. David Bailey, a cryptocurrency policy aide of President-Elect Trump’s campaign, stated that this new paradigm will pit the U.S., China, and a few other countries in a battle for supremacy. Trump’s...

Bitcoin Hits 100K, XRP Wobbles, and More — Week in Review


Bitcoin hits $100K, XRP wobbles but won’t fall, certain meme coins are in the crosshairs, and more in this Week in Review. Week in Review This week marked a historic milestone for cryptocurrency as bitcoin crossed the $100,000 threshold. Despite a recent dip to $2.25, XRP remains...

TikTok Ban Will Move Forward After Court Rejects Appeal


One of the most popular video sharing apps in the world might not be on your phone come next year. A U.S. ban of TikTok will move forward unless Chinese-owned tech company ByteDance divests its control by January 19 after an appeals court rejected its argument against the constitutionality of...

China Stands Firm With BRICS Amid US Tariff Threats


China has strongly defended the BRICS coalition against the U.S. President-elect Donald Trump’s tariff threats, emphasizing its principles of openness and inclusiveness. Responding diplomatically, Chinese Foreign Ministry spokesperson Lin Jian reiterated that BRICS does not target third parties...

China Prepares for Western Sanctions With Russia’s Economic Blueprint


China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign...

How Trump's Tariffs Could Cost Gamers Billions


In mid-2019, then-President Donald Trump threatened to extend existing tariffs on industrial components and other goods to popular consumer products like iPhones, laptops, and video game consoles. The big three—Microsoft, Sony, and Nintendo, long-time competitors in the gaming space—rallied...

China Unearths Massive Gold Veins That Could Reshape Global Markets


A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been...

Trump Effect: China Considering Backpedaling on Bitcoin Policy


Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China...

Chinese Court Orders Refund in Controversial Crypto Contract Dispute


A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related...

Hashkey CEO: Trump’s Crypto Push Could Force China to Pivot


Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might Pivot Its Anti-Crypto Policies Following...

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