The new framework due Jan. 1 will let banks pay interest on clients' e-CNY holdings.
The yuan has rise to its highest in over two months against the dollar.
The People’s Bank of China just logged its thirteenth straight month of gold purchases, extending one of the most deliberate reserve-management campaigns of the post-crisis era. These purchases signal that the world’s second-largest economy is shifting deeper into sovereign-controlled, seizure-resistant assets. Against this backdrop, crypto analysts see the PBoC’s buying streak not as a bullish […]
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Virtual currencies lack the legal status of fiat money, Chinese officials said during an intra-agency meeting on Friday.
Beijing has moved in recent months to quell some digital asset activity in Hong Kong, like real-world asset tokenization and stablecoin issuance.
Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.
CVERC claims the hack was conducted by a "state-level hacking organization" and suggests the U.S. seizure was part of a larger operation involving the same attackers.
Bitcoin has revisited $110,000 after the Fed’s hawkish cut and a U.S.–China tariff thaw lifted sentiment, even as spot ETFs saw sharp outflows.
China has again made its position on stablecoins unmistakably clear. At a recent financial policy forum, Pan Gongsheng, governor of the People’s Bank of China (PBoC), described stablecoins as a “new source of vulnerabilities” within the global financial system. He warned that they could undermine smaller economies’ monetary sovereignty and enable illicit financial flows. According […]
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BTC floated near $113,000 before the FOMC, with traders awaiting Powell’s remarks as ETF inflows and macro tailwinds support prices.
Traders are betting on a Trump–Xi breakthrough and a dovish Fed pivot to revive “Uptober,” though markets remain wary that rare-earth restrictions and the U.S. shutdown could spoil the rally.
Investors are in wait-and-see mode as the U.S. shutdown stalls data releases and China signals restraint on export controls, keeping markets range-bound ahead of Friday’s CPI report.
Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers. Related Reading: $3M In Stolen XRP Tracked — But Victim May Never See It Again: Investigator Insider Whale Bets And Mixed Positions Reports have disclosed that an insider whale opened $255 million in long positions across Bitcoin and Ethereum. At the same time, the same trader put on a $76 million short on Bitcoin with 10x leverage. The moves look like a bet on swings in price rather than a single directional stake. Observers note the trader has a history of large, well-timed trades, including a prior $730 million short that paid off. There is no clear public ID for this whale, and the motives are being examined by analysts. Insider Bitcoin whale is back. He just opened a $76,195,977 $BTC short position with 10x leverage. Does he know something? pic.twitter.com/K4ldvQE1TN — Ted (@TedPillows) October 19, 2025 Political Shift Sends Prices Higher Based on reports, comments by US President Donald Trump helped calm markets. He reportedly said “it will all be fine” when speaking about China’s economy, and the tone toward Beijing softened after a week where he had announced a 100% tariff on Chinese goods. That tariff claim had sparked a big sell-off across traditional and crypto markets just days earlier. Market players reacted quickly to the latest signals of a thaw, viewing the upcoming meeting as a chance for reduced tension. ????BREAKING AN INSIDER WITH A 100% WIN RATE JUST OPENED $BTC AND $ETH LONGS WORTH $255 MILLION HE DEFINITELY KNOWS SOMETHING ???? pic.twitter.com/hwAkXPzBwW — Wimar.X (@DefiWimar) October 19, 2025 On-Chain Activity And Institutional Moves According to on-chain data and exchange records, large-scale activity continued across spot markets. BitMine was reported to have picked up about $1.5 billion worth of Ether, a move that market participants say shows faith in Ethereum’s long-term outlook. Meanwhile, El Salvador quietly added eight BTC to its reserves, bringing its total holdings to 6,355.18 BTC. Exchange Flows Show Withdrawals Based on exchange records, major centralized platforms recorded a net outflow of roughly 21,000 BTC over the past week. Coinbase Pro and Binance were named among those with the biggest withdrawals, showing about 15,000 BTC and 12,000 BTC moved off exchanges, respectively. Traders interpret such flows in different ways: some see accumulation into private wallets, others see funds repositioned by large traders. Related Reading: Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account The Implications Of This Moving Forward Reports indicate that the market is reacting to both political signals and positions being adjusted by big hands. If the rhetoric between the US and China continues to show friendly signals, prices may push higher and retest monthly highs. But the presence of a sizeable short position alongside large long positions suggests that volatility will stay. Presently, data points are being watched closely and traders are establishing balances between advancing positions and hedging. Featured image from Gemini, chart from TradingView
Alibaba-backed Ant Group and one of China's largest retailers, JD.com, have reportedly paused their plans to issue stablecoins in Hong Kong.
Bitcoin extended its week-long decline, sliding to its lowest level since July as renewed US–China trade tensions and heavy fund outflows forced another wave of liquidations across crypto markets. According to CryptoSlate data, Bitcoin fell over 5% in the past 24 hours to as low as $103,300 after trading near $112,000 earlier in the week. […]
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Analysts note that Bitcoin’s correlation with gold is at a multi-year high of 0.9, reinforcing the “digital gold” narrative as both assets move in tandem during geopolitical shocks.
Ant Group is betting that the next leap in digital finance will not happen in a bank but on Ethereum. On Oct. 14, the Chinese fintech giant behind Alipay’s 1.4 billion-user payment network launched Jovay, a new Layer-2 (L2) blockchain built atop Ethereum to move real-world assets (RWAs) on-chain at institutional scale. What is Jovay? […]
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The crypto market lost nearly $200 billion in value as escalating trade tensions between China and the United States reignited global risk aversion. This halted Bitcoin’s fragile recovery after last weekend’s record $19 billion liquidation. Bitcoin price struggles Data from CryptoSlate shows the industry’s total market capitalization declined 3% to $3.79 trillion, down from $3.96 […]
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China’s commerce ministry says its Oct. 9 rare-earth export controls are lawful security steps, not bans, and that eligible civilian exports will be licensed.
According to economist Timothy Peterson, Bitcoin’s recent slide could be a short-lived wobble if October’s history repeats itself. He pointed out that drops larger than 5% in October are rare — they have occurred just four times in the past 10 years — and when they happened, Bitcoin often bounced back quickly. Related Reading: XRP Fear Index Spikes To 6-Month High, And That Could Spark Its Next Breakout Historical October Bounces Reports show the four October setbacks came in 2017, 2018, 2019, and 2021. In the week after each fall, recoveries ranged from modest to sharp: gains of 16% in 2017, 4% in 2018, and a big 21% in 2019, while 2021 was the lone outlier when prices slipped another 3%. Based on those past moves, Peterson suggested a rebound of up to 21% over seven days is possible after a large October drop. CoinGlass and market outlets have long flagged October as one of Bitcoin’s strongest months historically. Drops of more than 5% in October are exceedingly rare. This has happened only 4 times in the past 10 years. Oct 24 2017 Oct 11 2018 Oct 23 2019 Oct 21 2021 What happened next? 7 days later bitcoin was 2017: up 16% 2018: up 4% 2019: up 21% 2021: down -3% pic.twitter.com/mbFs19RbwL — Timothy Peterson (@nsquaredvalue) October 10, 2025 Markets moved fast this week after a tariff shock. United States President Donald Trump’s announcement of steep tariffs on China coincided with a sudden sell-off that briefly pushed Bitcoin down to about $102,000. Prices then staged a partial recovery to roughly $112,100. Traders noted the pullback came soon after Bitcoin hit fresh highs earlier in the week, above $126,000. Short-Term Upside Scenarios If Bitcoin were to mirror its strongest October rebound — the 21% surge seen in 2019 — a move from the low near $102,000 would place the token just under its recent peak, around $124,000, within days. That math is straightforward and is being quoted by analysts running many simulations. Some say there’s even a range of odds that the month could finish well above current levels. Other market voices pushed different views. Proponents argued that the current dip is a reset during an overall uptrend; some called it the bottom of the current cycle. Others warned that policy shocks or tariff escalations could keep selling pressure in place for longer. Social metrics and sentiment gauges moved sharply during the sell-off, and certain altcoins saw deeper losses amid the flight to safety. Related Reading: Bitcoin Who? XRP Leads Coinbase Search Charts, Beating The Giants Possible Triggers For A Rebound Meanwhile, traders are watching a few clear triggers. Headlines that dial down trade tensions between the US and China would likely calm markets. Any sign the US Federal Reserve will quicken interest rate cuts could also lift risk assets, including crypto. History suggests panic sell-offs often end before a strong recovery begins, but nothing is guaranteed. Featured image from Unsplash, chart from TradingView
BTC tumbled 10% on Friday, while ETH, SOL and XRP crashed 15%-30% in a crypto flash crash as trade tensions escalate between the U.S. and China.
Cryptos came under pressure as a potential U.S.-China trade war once again on the table.
This move could disrupt global supply chains, drive up prices, and have ripple effects across financial markets.
Beijing is said to be courting foreign central banks to store bullion in Shanghai vaults as gold hovers near record highs and demand strengthens.
The initiative is intended to enhance settlement efficiency, and serve as building blocks toward a broader framework for e-CNY integration.
At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matte
China’s securities watchdog has informally told leading brokerages to pause RWA activity in Hong Kong as the city adopts a pro-tokenization path.
Chinese Bitcoin miner Cango reported a sharp rise in production during the second quarter of 2025, even as higher expenses dragged the company into a deep net loss. In a Sept. 5 update, the firm disclosed that it mined 1,404.4 BTC between April and June, pushing its total production since launch to 3,879.2 BTC. Cango […]
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Chinese investors have borrowed a record 2.28 trillion yuan to buy local stocks.
President Donald Trump's son said he would love for his father and China's President Xi Jinping to talk about bitcoin at a coming meeting.