US-China Relation

The expanding China-Russia alliance, coupled with a perceived decline in US leadership, raises significant global stability concerns, reminiscent of Cold War tensions.

At the Tsinghua forum, Zhu Guangyao urged careful examination of cryptocurrency risks while recognising shifting U.S. policies, advocating for a proactive approach to digital economy developments.

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.

China’s aggressive stimulus package may stimulate global liquidity, but the country’s ongoing ban on cryptocurrency trading limits its direct impact on Bitcoin and other digital assets. While some crypto investors remain hopeful that the influx of liquidity will ultimately benefit Bitcoin’s price, significant gains have yet to materialize. With global markets closely watching both China’s economic recovery efforts and the crypto industry’s resilience, the next few months could prove pivotal for both sectors.

China has shown great resilience, controlling more than 55% of Bitcoin mining despite ban.

With central banks worldwide shifting towards easing policies, Bitcoin has shown a stronger reaction to the U.S. Federal Reserve’s rate cuts than to similar actions by the BoE, ECB, or PBoC. While easing measures may offer short-term relief, their broader impact on the cryptocurrency market remains closely tied to U.S. economic developments.

On September 10, China officially denied signing the blueprint for action presented during the REAIM summit.

CIA and MI6 chiefs have revealed that AI, particularly generative AI, is central to modern intelligence operations, from data processing to safeguarding activities, while highlighting the growing geopolitical challenges posed by Russia and China.

Donald Trump will release a fourth series of NFTs, dubbed “America’s First Edition.”The NFT, which costs $99 each and is minted on the Ethereum scaling network Polygon, has the potential to produce up to 360,000 cards, making it Trump's largest NFT release to date.

The latest report from the US "Wall Street Journal" claims that Chinese artificial intelligence developers have found a way to use the most advanced American chips without bringing them to China. The report pointed out that Chinese artificial intelligence developers work with middlemen to obtain overseas computing power and sometimes use technology from the cryptocurrency world to hide their identities.