China’s $113 billion market stabilization fund aims to restore stability to its stock markets by providing liquidity through central bank financing. The announcement has led to significant market rallies, though long-term structural challenges remain.
WenJunIn recent months, the Chinese Communist Party (CCP) has taken steps to try to stabilize the financial markets, but these efforts may have inadvertently worsened the situation.
WilfredMatrixport sees up to $25 billion potentially channelled into new Bitcoin ETFs in Hong Kong through the Stock Connect, pending regulatory approval.
BrianThe publication has allocated around 390,000 for the development of its NFT platform and is welcoming blockchain specialists to participate in the project.
ClementThe company is also known for its involvement in blockchain technology as a founding member of China's state-backed Blockchain-based Service Network.
BrianBitcoin has been declared 'dead' 463 times. Is the S2F price prediction model still valid?
BeincryptoBeincryptoThe Indonesian government sees the exchange as a means of protecting consumers as interest in digital currencies has risen, deputy trade minister Jerry Sambuaga said on Wednesday.
CoindeskUnited States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.
CointelegraphOn November 1st, at the 4th China International Import Expo, Bank of China will take multiple measures to popularize the knowledge of digital renminbi: place it in many eye-catching places in the venue, post digital currency single pages and posters, let the basic knowledge of digital currency, open channels, How to use it is clear at a glance.
Cointelegraph