Bitcoin China

Bitcoin To $100,000: Can Hong Kong’s Spot ETFs Make It Happen?

by
Bitcoin To $100,000: Can Hong Kong’s Spot ETFs Make It Happen?

[ad_1] In a recent analysis, Stanislas Bernard, the founder of Sinz 21st.Capital, delved into the complexities surrounding Hong Kong’s consideration to approve spot Bitcoin ETFs against the backdrop of China’s escalating economic crisis. With the nation grappling with a record debt-to-GDP ratio of 288% in 2023, and witnessing one of the most severe housing market … Read more

Bitcoin Attracts Millions In Chinese Capital Despite Ban: Report

by
Bitcoin Attracts Millions In Chinese Capital Despite Ban: Report

[ad_1] Chinese investors remain resolute in their pursuit of Bitcoin, despite the government’s ban since 2021. Bitcoin continues to attract substantial investment from Chinese capital, as Reuters reports today. Mainland China Is Still Buying Bitcoin Dylan Run, a finance executive in Shanghai, epitomizes this trend. Concerned about China’s economic outlook and the sluggish domestic stock … Read more