Bitcoin, Korea’s Kospi and Nasdaq futures rally as China GDP beats estimates
Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.
FOLLOW THE THREAD · PUBLIC SOURCECoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Latest stories from CoinDesk. Read, like, and join the conversation.
Bitcoin, Nasdaq futures and Asian stocks rally as stronger-than-expected China GDP and falling oil prices lift risk appetite.
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week.
Geopolitical tensions and renewed fears of U.S.-China frictions are weighing on risk assets, including bitcoin.
The next global power competition is not being fought over missiles alone. It’s being fought over money, and right now, China is moving aggressively to shape the future of it, argues Gooden.
Admiral Samuel Paparo, head of US Indo-Pacific Command, told two congressional panels this week that the military is running a live Bitcoin node for cybersecurity testing and views the protocol as a tool of national power in competition with China.
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
China’s commerce ministry says its Oct. 9 rare-earth export controls are lawful security steps, not bans, and that eligible civilian exports will be licensed.
The Sui blockchain token is seeing new support levels as as delegations from the U.S. and China meet in London.
You’re all caught up.