A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency.
State-Run Newspaper...
Chinese technology shares jumped after strong results from internet companies, including better-than-expected sales at the e-commerce firm Alibaba despite an economic slowdown driven by Beijing’s Covid-19 lockdowns.The Hangzhou-based company beat analysts’ forecasts with...
Economic worries return
Bitcoin slid below $30,000
Oil crept lower
Key EventsRetail sales data from China showed that the economy there was harder hit by recent coronavirus restrictions than expected. The news dented traders' optimism that...