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Tag Archives: Chinese

Alibaba Launches Crypto Mining Platform Despite Chinese Government Restrictions

Alibaba Launches Crypto Mining Platform Despite Chinese Government Restrictions, Says Report According to reports in China, e-commerce giant Alibaba (NYSE:BABA) has now launched its own cryptocurrency mining platform despite the Chinese government’s continuous push to curb crypto mining operations by restricting miners’ power and land usage. Source: Twitter The platform — called P2P Nodes — was originally registered by Alibaba ...

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Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform

Chinese Internet Giant Baidu Launches Blockchain-as-a-Service Platform Chinese web search giant Baidu (NASDAQ:BIDU) has now launched its own blockchain-as-a-service (BaaS) platform, calling it the “most user-friendly” blockchain service in the industry. According to Baidu, this platform was built on the company’s self-developed project, and it can make and trace transactions related to digital currencies, digital bills, bank credit management, insurance ...

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Not All Doom and Gloom for Chinese Bitcoin Miners | News

Even amid future regulatory constraints, Chinese Bitcoin miners could withstand a massive market crash due to the low electricity costs in the country. According to Bloomberg, China’s thriving Bitcoin mining industry would still be highly profitable if Bitcoin price were to drop to $7,000. Bitcoin price shot up from $1,000 in January 2017 to a record high of $20,000 in ...

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Cryptocurrency Prices Could Stay Lower Amid Chinese Policies

After ending the last week on a higher note, Cryptocurrencies dipped largely in Monday’s trade, with bitcoin and ripple leading the downward trend. Bitcoin declined close to 8.37% to $14,806, while Ripple dipped 11% to $2.40. Litecoin also plunged 6.4%, but Ethereum prices moved higher by 4.7% to $1,143.56. “The reason ripple is surging so much is it’s a bubble,” ...

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Why the Chinese Market may Never be the Same Again

Last year, Chinese market researchers Redpulse launched one of the most interesting cryptocurrencies in the world. And it’s growing. Fast. The Redpulse (RPX) token experienced a slow start from its release on October 8th, 2017, but in the last 24 hours the value of the coin has skyrocketed to $0.71; an increase of 61.45%. Let’s have a look behind the ...

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Would this Chinese BTC clamp down affect LTC in any way? : litecoin

Would this Chinese BTC clamp down affect LTC in any way? : litecoin this post was submitted on 08 Jan 2018 0 points (33% upvoted) shortlink: subscribeunsubscribe169,778 readers 6,932 users here now Wallets Official Wallet – Litecoin Core – Use bootstrap.dat to sync quickly LoafWallet iOS Official Lite Wallet, Electrum-LTC Official Paper Wallet Generator Litevault – Secure Web Wallet Buy ...

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TRON (TRX) Dogs Will Give Cryptokitties A Run For Its Money, As The Chinese Year Of The Dog Approaches

Back in early December, the game Cryptokitties took off on the Ethereum blockchain. Within its first week, Ether holders spent over $3 million dollars on virtual cats. At one point, the game took over close to 25% of the total hashing power on the Ethereum network. Currently, the game has 251,292 total sales with $18,310,216.78 USD sold. The highest kittie ...

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