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Chinese Yuan 'Inversely Correlated' with Bitcoin, Amidst US-China Trade Wars
US-China trade wars have resulted in declining value of Chinese yuan while the bitcoin price has surged.
Bitcoin And China’s Yuan Are Inversely Correlated, Blockchain.com Research Says
BTC Spiked As The RMB Fell Evidence is purportedly mounting that Bitcoin and the Chinese Renminbi (RMB), known as the Yuan, are tied to each other. A report from the South China Morning Post recently. ...
Russia and Venezuela are Evaluating to Ditch American Dollars and Adopt the Petro and the Ruble Instead
Venezuela and Russia are in talks to abandon the use of U.S. dollars in their transactions and replace this currency with rubles and Petros. According to an article published by the Russian news porta ...
Venezuela to Use Petro Cryptocurrency to Settle Trades With Russia: Report
The government of Venezuela is reportedly planning to settle trades with Russia by using the controversial Petro (PTR) cryptocurrency.
Bitcoin ETF: SEC tight-lipped on VanEck ETF despite Bitwise’s expected delay, denial on the cards?
May 2019 was expected to be all about the Bitcoin ETF, but the way the markets moved, it was anything but. The king coin’s ascendance over $7,000 and then $8,000 prior to Consensus 2019, a conference ...