Posts Tagged
‘Shanghai’

Despite broadly-spewed sentiment last week that Bitcoin futures would herald the end of Bitcoin as ‘shorts’ could finally capitalize on the ‘tulipmania’, for now, they have failed to turn up as the January-expiring futures are holding a 8% premium to spot prices and remain up around 19% from their opening print overnight. Futures are holding […]






Dec 11, 2017

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by: admin

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Tags: Asia, Bitcoin, Shanghai

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Categories: Alternative Media, Blogosphere, Crypto Currency

Late last night I was able to connect with Simon Dixon of Bank to The Future from live on the ground in Shanghai about some of the latest breaking news in the cryptocurrency space. The criminal Chinese government announced that it will use violence to force all Bitcoin exchanges in the country to close. This […]






An advisor to China’s central bank, Sheng Songcheng, said that virtual currencies like bitcoin are assets but do not have the fundamental attributes needed to be a currency that could meet modern economic development needs. Speaking in an interview with financial magazine Yicai, the PBOC advisors said that the adoption of Bitcoin as a national […]






Jul 08, 2017

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by: admin

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Tags: Bitcoin, China, Shanghai

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Categories: Economy

For those who can’t quite reconcile the Chinese government’s tentative acceptance of bitcoin and other cryptocurrencies with the inherently anarchistic principles espoused by bitcoin’s creator, here’s yet another clue to support the theory that the Chinese government has decided to tolerate and regulate digital currencies in hopes of learning how to apply the technology to […]






The risk of a Eurozone breakdown now appears to be taken off the table after a French election that has led to a dramatic repricing in European risk assets. And yet the outcome – which was largely expected – has prompted Bloomberg’s Richard Bresow to muse just how much was truly priced in: “I guess […]






The pressure point in Asian stock markets this week has been the decline in Chinese equities (the biggest weekly drop in 4 months). Despite a stellar performance of the economy the outlook for the Shanghai Composite Index isn’t promising as the government is taking advantage of better growth to spur deleveraging. For a market relying […]






It all started in February, when we first reported that something unexpected had happened: for reasons that were at the time unknown, the global credit impulse had unexpectedly tumbled, turning negative, a move which we predicted would result in a steep slide in the “soft” economic data, end the “reflation” optimism and unleash a wave […]






Following Sunday night’s resumption of trade after a three-day weekend, which saw sharp moves lower in US yields, the dollar and the USDJPY after Friday’s disappointing CPI and retail sales data and the weekend’s North Korea jitters, the mood has stabilized in light trading with Asian stocks advancing, Europe mostly closed for Easter Monday and […]






Last February, as Chinese stocks and the Yuan were crashing every day, sending the S&P tumbling and government bond yields crashing to record lows, in the process aborting the Fed’s first attempt to hike rates, volatility was soaring and confidence in the economy was in the dumps: in short, the bottom appeared like it was […]






Today’s China-U. S. summit meeting is an event that could also have enormous implications – in both directions. As Bloomberg’s Richard Breslow notes, one can’t help but be intrigued by the fact that while everyone is looking at the S&P 500, this morning the Shanghai composite traded at its highest level of the year. Notably, […]






Apr 06, 2017

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by: admin

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Tags: Bloomberg, China, Dollar, Donald Trump, Shanghai, Yuan

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Categories: Crypto Currency, Economy

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