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Tag: China

Readers Dessert May 18, 2025
  • Bitcoin

China Reduces US Treasury Holdings Amid Trade War Escalation

Readers Dessert May 18, 2025
The U.S. Department of the Treasury revealed that China reduced its exposure to U.S. debt in March, selling close to $19 billion in Treasuries. This reduction was recorded in March as the…
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Readers Dessert May 11, 2025
  • Bitcoin

Geneva Gamble: Markets Await Outcome of Secretive US-China Talks

Readers Dessert May 11, 2025
Market analysts are closely watching the ongoing dialogue between U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and China’s Vice Premier He Lifeng as both sides attempt to ease tensions…
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Readers Dessert May 11, 2025
  • Bitcoin

Bitcoin Climbs to $104.9K After Trump Hints at ‘Total Reset’ With China

Readers Dessert May 11, 2025
Bitcoin soared past $104,900 on Saturday evening, gaining 2% in the wake of President Donald Trump’s announcement on Truth Social about a breakthrough in trade talks with China. Trump’s Truth Social Post…
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Readers Dessert April 17, 2025
  • Bitcoin

Trade War: Tit-for-Tat Tariffs Show Limits of Unilateral Action, Web3 Leaders Say

Readers Dessert April 17, 2025
Web3 experts emphasize that the ongoing trade war, while presenting challenges, can also act as a catalyst for innovation within the blockchain space. However, they argue that fostering a mindset of global…
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Readers Dessert April 16, 2025
  • Bitcoin

Seized but Not Settled: Report Claims China Holds 15,000 BTC Amid Ongoing Policy Uncertainty

Readers Dessert April 16, 2025
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency…
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Readers Dessert April 10, 2025
  • Bitcoin

China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low

Readers Dessert April 10, 2025
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would…
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Readers Dessert February 28, 2025
  • Bitcoin

Alibaba Announces $53 Billion AI and Cloud Computing Push

Readers Dessert February 28, 2025
Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a…
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Readers Dessert February 15, 2025
  • Video News

Life Inside a Secret Chinese Bitcoin Mine

Readers Dessert February 15, 2025
Subscribe to Motherboard Radio today! http://apple.co/1DWdc9d In October of last year Motherboard gained access to a massive, secretive Bitcoin mine housed within a repurposed factory in the… source
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Readers Dessert December 5, 2024
  • Video News

What It’s Like To Be Absolutely Obsessed With Bitcoin (HBO)

Readers Dessert December 5, 2024
Over the past year, the price of a Bitcoin has skyrocketed from less than $800 to nearly $20000 — a meteoric rise that financial insiders say is no different than the escalating…
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Readers Dessert December 2, 2024
  • Bitcoin

China’s Digital Yuan Faces Uphill Battle With Corruption Scandals and Sluggish Adoption

Readers Dessert December 2, 2024
China’s digital yuan (e-CNY), once a frontrunner in central bank digital currencies (CBDCs), faces challenges including corruption scandals and slow adoption due to entrenched online payment giants like Alipay and Wechat Pay.…
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