Bitcoin hash rate falls 12% in the largest decline since China’s mining ban.
Bitcoin Mining Faces Major Setback Amid Severe Winter Storms Recent harsh winter storms in the U.S. have significantly impacted Bitcoin mining, leading several major companies to cut back on operations. As a result, there’s been a noticeable drop in the network’s hashrate, along with reduced production and revenue. Since November 11, Bitcoin’s overall hashrate has […]
China’s Demand for Metals Drives Copper Prices Above $14,500 a Ton
(Bloomberg) — Copper prices experienced their largest increase in over 16 years, driven by a surge of buying from Chinese investors, resulting in one of the most significant market movements in history. Prices climbed as much as 11%, exceeding $14,500 per tonne for the very first time, before sharply declining on Thursday afternoon. The commodity, […]
Snow leopard attacks woman skier photographing in China’s Fuyun County
Skier Attacked by Snow Leopard in China A female skier was attacked by a snow leopard on Friday after getting too close to the animal for a photo, according to disturbing footage from the incident. The incident occurred around 7 PM in Fuyun County, located near the northern border of China with Mongolia. Reports indicate […]
China’s Leading General Removed in Xi Jinping’s Recent Military Shakeup
General Zhang Youxia, the top vice chairman of China’s Central Military Commission (CMC), was unexpectedly removed from his position over the weekend and is now under investigation for “serious violations of party discipline and state law.” This news has sent shockwaves through the Chinese Communist Party, as Zhang was not only a senior Politburo member […]
China’s military changes indicate worries about political instability
Instability among Chinese Military Leadership Raises Concerns The recent ousting of high-ranking Chinese military officials, including accusations that the commander-in-chief may have leaked sensitive information to the United States, has stirred questions about the upheaval within the Chinese Communist Party and the state of the People’s Liberation Army (PLA). Experts indicate that, while many facts […]
Harvard falls to third place in university rankings, but what is leading to China’s supremacy?
Harvard’s Shift in University Rankings Harvard University, once a leader in global university rankings, has now slipped to third place according to a recent analysis by Leiden University in the Netherlands. Surprisingly, two Chinese universities have taken the top spots. This shift doesn’t just affect Harvard; it highlights a broader trend where American institutions, notably […]
China’s ‘Are You Dead?’ app becomes a global sensation on social media
A new app from China is making waves, although for some pretty unsettling reasons. It’s called “Are You Dead?” and has quickly climbed to the top of China’s paid app charts, even making its way into the top ten in the U.S. It seems that the app taps into a broader concern: many people are […]
Exploring China’s strategy to surpass the US in major technology for the long term
The Modern-Day Equivalent of the Manhattan Project Bringing the “Manhattan Project” into discussion conjures a specific historical narrative—a national mission born out of the collaboration of scientists working in secrecy, driven by a nation facing threats. Back in the 1940s, this endeavor took place in Los Alamos. Fast forward to 2026, and the landscape has […]
Hundreds Demonstrate Against China’s Large Embassy in London
Protests Erupt in London Over Proposed Chinese Embassy Hundreds gathered in London on Saturday to protest against the Chinese government’s plan for a new, large embassy, just days before a crucial decision on the proposal. The demonstrators, many with their faces obscured by scarves and masks, shouted slogans like “No to the Chinese embassy” while […]
What is China’s Trade Balance and how might it impact AUD/USD?
China’s Trade Balance for December In December, China’s trade balance reached 808.8 billion yuan, a notable increase from the previous figure of 792.57 billion yuan. Exports saw a year-on-year rise of 5.2% in December, slightly lower than November’s 5.7% increase. On the other hand, imports grew by 4.4% during the same timeframe, a significant uptick […]