The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

China Decoupling From Bitcoin

News Snapshot:

China Decoupling From Bitcoin The once dominant Chinese market now appears to have little influence on bitcoin’s price with Asia’s trading hours seemingly becoming a bit quiet. On a day that had much activity on stock trading, with the Shanghai Composite Index down 1.17%, the Shenzhen Component Index down 1.96% and the ChiNext Index down 1.71%, bitcoin pretty much sidewayed. Bitcoin fell by about 1%, or $500, near China trading hours at 12 and 1 AM UTC, but the China moves are usually at 2 UTC, and here we have a bit of green, some consideration at 3AM, and then…

Other China Tech Buzz: