Posts Tagged ‘China’
Fintechist China Economy Rating

China’s Brittle Economy Results in Reduced Sovereign Credit Rating

by JP Buntinxon September 22, 2017
Things are not looking all that great for China’s economy these days. We all know their quarterly reports are heavily inflated and modified. Earlier today, S&P Global Ratings cut the country’s ┬ásovereign credit rating. It is the first time this happens in 18 years. The main reasons for doing so include soaring debt and a […]

Charlie Lee Could Just Have Stopped The Bitcoin Panic Selling

by Samuel Raeon September 22, 2017
Anybody reading that is familiar with bitcoin (we are going to go out on a limb here and say that most of you probably are) as likely already come across Litecoin. For those that haven’t, it is the cryptocurrency that first hit markets back in 2011 and has since been styled as the silver to […]

Fintechist HSBC Selfie Payments China

Selfie Payments Come to China Courtesy of HSBC

by JP Buntinxon September 18, 2017
The way we think about payments is slowly changing. More and more consumers want to use mobile devices to complete payments altogether. Selfie payments are an interesting trend even though their viability remains a big question. Over in China, HSBC is launching this new initiative as we speak. Facial recognition technology to make mobile payments […]
Fintechist Bitcoin Chinese Decision

Bitcoin Is a Better Currency With Chinese Regulators Playing Their Final Card

by JP Buntinxon September 17, 2017
It is evident the news coming out of China has spooked cryptocurrency markets last week. To real experts, this comes as a major surprise. After all, China is only a minor country when it comes to Bitcoin trading. Moreover, their regulations only affect companies in that country or dealing with customers from China. It is […]

Riding Out The Chinese Downside Wave

by Samuel Raeon September 15, 2017
The risk associated with taking a position in bitcoin has long been highlighted as one of the primary factors early adopter must consider. On a number of occasions over the past five years, bitcoin holders have had to weather pretty large scale depreciations and, alongside these corrections, have had to make the decision to stay […]
Fintechist DLT Blockchain Finance

Here’s Why This Dip In The Bitcoin Price Doesn’t Matter

by Samuel Raeon September 13, 2017
What a ride we are having in the cryptocurrency space right now. It was just a couple of weeks ago that certain portions of the market were reeling over missing out on the meteoric summer rise in price and wondering whether we would ever see another correction. Fast forward to one week ago and the […]