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8btc (https://news.8btc.com/) is regarded as the oldest and the most influential independent platform for bitcoin, blockchain and cryptocurrency news in the Chinese community. Its goal is to bridge the communication gap between the Chinese community and the outside world. News, policy analysis... everything you want to know about crypto in China is here.

Bitmain’s Antminer 17 Sold Out in Minutes. Will the Bitcoin Hash Rate Rise?

BUSINESS 8Btc -
Bitcoin mining giant Bitmain has launched two new Antminer 17 miners to an eager market. Will the Bitcoin hash rate boom?

China’s Central Bank Digital Currency Undergoes “Restricted Access Test”

BUSINESS 8Btc -
China’s central bank digital currency has begun a “restricted access test” to simulate payment scenarios between parties.

U.S. Top Source of Traffic to Cryptocurrency Exchanges

MARKETS 8Btc -
Research from OKEx has found that the U.S. leads cryptocurrency exchange traffic, with Russia, Brazil, Turkey and China rounding out the top five.

Chinese Authority Pushes Back on Central Bank Digital Currency Report

BUSINESS 8Btc -
A source tied to China’s central bank has pushed back against reports about the country’s central bank digital currency.

Poll Finds Chinese Crypto Investors Bullish on BTC

MARKETS 8Btc -
Over 30 percent of Chinese cryptocurrency investors think the bitcoin price will surpass $30,000 in the next 12 months, according to a recent survey.

Binance Announces New Stablecoin Venus

BUSINESS 8Btc -
Binance’s Venus stablecoin project has been described as the “one-belt-one-road” version of Libra.

Did the PlusToken Scam Cause a Bitcoin Price Dip?

BUSINESS 8Btc -
The PlusToken cryptocurrency scam, thought to involve the theft of over 200,000 BTC, has involved a significant sell-off as the scammers try to cover their tracks.

China’s State Cryptocurrency Coming Soon, Featuring Two-Layer Structure

BUSINESS 8Btc -
China’s central bank will run the top layer of its forthcoming digital currency and business institutions will run the second layer.

Bitcoin Price Surge: May Not Be Trade War but Whales

MARKETS 8Btc -
While many see tensions between the U.S. and China as the driving factor behind the bitcoin price surge, whales may be leveraging the upward momentum.

China’s Central Bank to Accelerate Development of Fiat Digital Currency

BUSINESS 8Btc -
In a video conference, the People’s Bank of China stated that it will accelerate the research and development of its fiat digital currency.
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