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Tag: PBOC

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

April 21, 2025 wp-bot Bitcoin News, News BTC

China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal.

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Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

October 24, 2024 wp-bot Bitcoin News

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank digital currencies (CBDCs), aiming to

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Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

September 29, 2024 wp-bot Cointelegraph

Bitcoin’s monthly close could reverse a 6-month-long downtrend and signal traders’ intent to push BTC price to new highs. 

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China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

September 11, 2024 wp-bot Bitcoin News

China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy

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Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens

August 20, 2024 wp-bot Bitcoin News, News BTC

A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase

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Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off

August 1, 2024 wp-bot Bitcoin News

Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting

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Blockchain
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