China
How Chinese Lending Firm Cango Became a Bitcoin Mining Giant
By FXCOINZ Editorial
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03/01/2025
Discover how Cango, a Chinese auto lending giant, became one of the world’s largest Bitcoin miners by acquiring 50 EH/s of mining power in 2024. Explore its $400M investment, global operations, and plans for the future.
Bitcoin Surges 7% to Over $63K as Traders Anticipate China’s Fiscal Policy Update
By FXCOINZ Editorial
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12/10/2024
Bitcoin rebounds 7% above $63,000, driven by investor optimism and a focus on China’s upcoming fiscal stimulus.
Bitcoin and Asian Equities See Capital Shift Towards Chinese Stocks: What It Means for the Markets
By FXCOINZ Editorial
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07/10/2024
Discover why Bitcoin and Asian equities may be losing capital to China’s stock market amidst a 20% surge in Chinese equities fueled by substantial stimulus measures. Understand how this could affect Bitcoin’s price stability and the broader Asian market trends.
Bitcoin Correlated with U.S. Fed as China Stimulus Lands: What China’s Rate Cuts Mean for BTC
By FXCOINZ Editorial
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24/09/2024
Bitcoin’s correlation with U.S. Fed policy grows stronger as China announces stimulus measures. Traders believe Bitcoin is more linked with U.S. markets.