ChinaCoin
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I just experienced incredible gains with the best trading token, $OFN! The performance and reliability of this token are unmatched, consistently delivering impressive returns and solidifying its reputation as a top choice for traders. Being part of the #OFN community has been a rewarding journey, surrounded by supportive and knowledgeable individuals. The innovation behind $OFN and the continuous growth opportunities it presents make it a standout in the market. Excited for the future with $OFN and #Megadrop Proud to be part of this thriving ecosystem. #Crypto #Binance #Blockchain #ChinaCoin
China has the following virtual currencies in the crypto market
- Bitcoin$BTC
(BTC): Although not considered a legal tender, it is considered a virtual commodity.
- Ethereum$ETH
(ETH): Although not considered a legal tender, it is considered a virtual commodity.
- Yuan-backed stablecoin (CNHC): Considered a legal digital fiat currency.
- Digital Yuan (e-CNY): Considered a legal digital fiat currency and has been given legal status in China.
- Other virtual currencies and tokens: Although not considered a legal tender, they are considered virtual commodities.
China’s cryptocurrency market was previously one of the largest in the world, but the Chinese government has taken efforts to prevent the trading and mining of digital assets since 2017
#ChinaCoin
- Bitcoin$BTC
(BTC): Although not considered a legal tender, it is considered a virtual commodity.
- Ethereum$ETH
(ETH): Although not considered a legal tender, it is considered a virtual commodity.
- Yuan-backed stablecoin (CNHC): Considered a legal digital fiat currency.
- Digital Yuan (e-CNY): Considered a legal digital fiat currency and has been given legal status in China.
- Other virtual currencies and tokens: Although not considered a legal tender, they are considered virtual commodities.
China’s cryptocurrency market was previously one of the largest in the world, but the Chinese government has taken efforts to prevent the trading and mining of digital assets since 2017
#ChinaCoin
Second-richest man in China jailed for six years over $5m crypto fraud: report
#chineseinvestors #CryptoMarketMoves #CryptoDecision #Crypto_Jobs🎯
#ChinaCoin
Once China’s second-richest man was sentenced to six years in prison in Singapore for orchestrating a fraudulent crypto investment scheme.
Tycoon Yang Bin, a Chinese-Dutch national and the second-richest man in China by Forbes for 2001, was sentenced to six years in prison in Singapore and fined S$16,000 (around $12,200) on Monday, Aug. 26 for leading a multi-million-dollar Ponzi scheme masquerading as a crypto investment operation, per a report from CNA.
Yang, who founded A&A Blockchain Innovation in April 2021 without a valid work permit, falsely claimed the company owned 300,000 cryptocurrency mining machines capable of delivering daily returns of 0.5% to investors. In reality, however, these machines did not exist, and Yang utilized funds from new investors to pay for the earlier ones
The scheme, which promised investors returns from mining cryptocurrencies, reportedly attracted over 700 participants who invested about S$6.7 million (over $5 million) between May 2021 and February 2022. Yang’s company operated a money circulation scheme, and he instructed co-accused Wang Xinghong to develop an app that faked investment returns.
Yang pleaded guilty to eight charges, including conspiracy to cheat and operating without a valid work permit. Deputy public prosecutor Wong Shiau Yin emphasized Yang’s pivotal role in the scheme and the lack of restitution for victims. District Judge Brenda Chua highlighted Yang’s significant culpability compared to his co-accused, whose legal proceedings are ongoing.
Yang, who was previously involved in the textile industry in China, was also appointed by North Korea in 2002 to oversee the economic development of the Sinuju Special Administrative Region. However, he was soon placed under house arrest by Chinese authorities on tax evasion charges in November of that year.
#ChinaCoin
Once China’s second-richest man was sentenced to six years in prison in Singapore for orchestrating a fraudulent crypto investment scheme.
Tycoon Yang Bin, a Chinese-Dutch national and the second-richest man in China by Forbes for 2001, was sentenced to six years in prison in Singapore and fined S$16,000 (around $12,200) on Monday, Aug. 26 for leading a multi-million-dollar Ponzi scheme masquerading as a crypto investment operation, per a report from CNA.
Yang, who founded A&A Blockchain Innovation in April 2021 without a valid work permit, falsely claimed the company owned 300,000 cryptocurrency mining machines capable of delivering daily returns of 0.5% to investors. In reality, however, these machines did not exist, and Yang utilized funds from new investors to pay for the earlier ones
The scheme, which promised investors returns from mining cryptocurrencies, reportedly attracted over 700 participants who invested about S$6.7 million (over $5 million) between May 2021 and February 2022. Yang’s company operated a money circulation scheme, and he instructed co-accused Wang Xinghong to develop an app that faked investment returns.
Yang pleaded guilty to eight charges, including conspiracy to cheat and operating without a valid work permit. Deputy public prosecutor Wong Shiau Yin emphasized Yang’s pivotal role in the scheme and the lack of restitution for victims. District Judge Brenda Chua highlighted Yang’s significant culpability compared to his co-accused, whose legal proceedings are ongoing.
Yang, who was previously involved in the textile industry in China, was also appointed by North Korea in 2002 to oversee the economic development of the Sinuju Special Administrative Region. However, he was soon placed under house arrest by Chinese authorities on tax evasion charges in November of that year.
China has taken a hard stance against crypto transactions, labeling them as money laundering, which could push crypto activities offshore or underground within China, affecting the global crypto market dynamics.
$BTC $ETH
#china #ChinaCoin #ChinaCrypto
$BTC $ETH
#china #ChinaCoin #ChinaCrypto
Check out this story about the Chinese women who where jailed 😱😨😰 #ChinaCoin #ETHETFsApproved #Megadrop #ChinaCrypto
💥🇨🇳CHINESE WOMAN JAILED AFTER 3 BILLION BITCOIN SEIZURE 🤯
Jian Wen, 42, came to the attention of police when she tried to buy some of London's most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a swimming pool and a nearby £12.5m home with a cinema and gym.
The investigation led to the UK's biggest-ever cryptocurrency seizure when more than 61,000 Bitcoin were discovered in digital wallets.
The cryptocurrency was worth £1.4bn at the time but its value has now risen to more than £3bn, while 23,308 Bitcoin, now worth more than £1bn, linked to the probe remains in circulation.
The Bitcoin allegedly came from a £5bn investment scam carried out in China between 2014 and 2017.
Wen was not involved in the fraud but was said to have acted as a "front person" to help disguise the source of the money, some of which had been used to buy cryptocurrency and smuggled out of China on laptops.
She was found guilty of one count of money laundering, relating to 150 Bitcoin, now worth nearly £8m, between October 2017 and January 2022 last month following a retrial at Southwark Crown Court.
Wen was jailed for six years and eight months today by Judge Sally-Ann Hales KC, who told her: "I am in no doubt you came to enjoy the better things in life.
"The evidence showed you and, to some extent, members of your family were generously rewarded for your service."
$BTC
#MtGox #EarnFreeCrypto2024 #ETFvsBTC
#FIT21 #btc70k
Jian Wen, 42, came to the attention of police when she tried to buy some of London's most expensive properties, including a £23.5m seven-bedroom Hampstead mansion with a swimming pool and a nearby £12.5m home with a cinema and gym.
The investigation led to the UK's biggest-ever cryptocurrency seizure when more than 61,000 Bitcoin were discovered in digital wallets.
The cryptocurrency was worth £1.4bn at the time but its value has now risen to more than £3bn, while 23,308 Bitcoin, now worth more than £1bn, linked to the probe remains in circulation.
The Bitcoin allegedly came from a £5bn investment scam carried out in China between 2014 and 2017.
Wen was not involved in the fraud but was said to have acted as a "front person" to help disguise the source of the money, some of which had been used to buy cryptocurrency and smuggled out of China on laptops.
She was found guilty of one count of money laundering, relating to 150 Bitcoin, now worth nearly £8m, between October 2017 and January 2022 last month following a retrial at Southwark Crown Court.
Wen was jailed for six years and eight months today by Judge Sally-Ann Hales KC, who told her: "I am in no doubt you came to enjoy the better things in life.
"The evidence showed you and, to some extent, members of your family were generously rewarded for your service."
$BTC
#MtGox #EarnFreeCrypto2024 #ETFvsBTC
#FIT21 #btc70k
$JASMY : The current market conditions are tough, with most cryptocurrencies experiencing a downturn. While I remain long-term bullish on JASMY, I am short-term bearish due to these market dynamics. JASMY is holding up better than many other cryptocurrencies, finding strong support at $0.025 and consolidating between $0.032 and $0.025—a bullish sign. However, the momentum is flat, and I expect a move down to $0.022 given the market’s overall bearishness. With a looming fear of recession and Bitcoin showing no signs of bullishness, there isn’t a strong narrative to support a bullish move in JASMY at this time. That said, JASMY has a history of short liquidation hunts, which could lead to a pump if the market circumstances or a narrative changes.
#ChinaCoin #Trading #Bitcoin $BTC
#ChinaCoin #Trading #Bitcoin $BTC
#JASMY : Bullish trends are coming ⁉️
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The cryptocurrency is consolidating between $0.0225 and $0.0255, awaiting a breakout to confirm the direction. The current situation appears bearish, but there are signs of bullish momentum. For JASMY to turn bullish, it needs to break above $0.0255, ideally reaching $0.028. The trend is currently downward, making a bearish breakout more likely. Bitcoin is showing momentum, which could positively affect JASMY, as historically, JASMY has followed Bitcoin's movements. JASMY gained momentum yesterday, but it has partially waned due to market fluctuations. The CVOL and open interest indicate mixed momentum, with both long and short positions being opened. While a bullish breakout is possible, the mixed momentum makes it less likely. A bearish breakout is more probable given the current trend and Bitcoin's situation. In the short term, consolidation and stability in the current price area are more likely. A breakout may occur if Bitcoin starts moving significantly or if JASMY gains more momentum.
$JASMY $BTC #Trading #ChinaCoin
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The cryptocurrency is consolidating between $0.0225 and $0.0255, awaiting a breakout to confirm the direction. The current situation appears bearish, but there are signs of bullish momentum. For JASMY to turn bullish, it needs to break above $0.0255, ideally reaching $0.028. The trend is currently downward, making a bearish breakout more likely. Bitcoin is showing momentum, which could positively affect JASMY, as historically, JASMY has followed Bitcoin's movements. JASMY gained momentum yesterday, but it has partially waned due to market fluctuations. The CVOL and open interest indicate mixed momentum, with both long and short positions being opened. While a bullish breakout is possible, the mixed momentum makes it less likely. A bearish breakout is more probable given the current trend and Bitcoin's situation. In the short term, consolidation and stability in the current price area are more likely. A breakout may occur if Bitcoin starts moving significantly or if JASMY gains more momentum.
$JASMY $BTC #Trading #ChinaCoin
#JASMY will go to the Moon ⁉️
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- Bitcoin is experiencing bearish pressure and momentum, causing its price to drop.
- The altcoin market, including JASMY, is suffering as a result of Bitcoin's downturn.
- JASMY has been holding up relatively well compared to other cryptocurrencies.
- The long-term outlook for JASMY remains bullish, but there is some short-term bearishness.
- The main support level for JASMY is around $0.0245, which the cryptocurrency is currently holding.
- JASMY's open interest has seen over $25 million in positions closed since Monday.
- JASMY had strong bullish momentum previously but needs to regain momentum now.
- If JASMY can hold its current support level and break back above $0.0255-$0.0257, it could rally to $0.027-$0.0285.
#BITCOIN $BTC $JASMY #ChinaCoin #trending #Trading
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- Bitcoin is experiencing bearish pressure and momentum, causing its price to drop.
- The altcoin market, including JASMY, is suffering as a result of Bitcoin's downturn.
- JASMY has been holding up relatively well compared to other cryptocurrencies.
- The long-term outlook for JASMY remains bullish, but there is some short-term bearishness.
- The main support level for JASMY is around $0.0245, which the cryptocurrency is currently holding.
- JASMY's open interest has seen over $25 million in positions closed since Monday.
- JASMY had strong bullish momentum previously but needs to regain momentum now.
- If JASMY can hold its current support level and break back above $0.0255-$0.0257, it could rally to $0.027-$0.0285.
#BITCOIN $BTC $JASMY #ChinaCoin #trending #Trading
#JASMY : Go To The Moon ⁉️
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- Recent bullish momentum, but uncertainty about breakout
- Consolidating between 2.56 cents and 2.25 cents
- Bullish breakout possible, but beware of fakeout risk
1️⃣ Technical analysis:
- Potential reach 2.5-2.55 cents
- Flat open interest, no significant momentum
2️⃣ Market circumstances:
- Illiquid period (Sunday to Monday)
- Not ideal for breakout
3️⃣ Conclusion:
- Breakout unlikely under current circumstances
- Monitor open interest and Bitcoin's performance
- Avoid buying or shorting JASMY for now
$JASMY $BTC #Bitcoin #Trading #ChinaCoin #BinanceTurns7
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- Recent bullish momentum, but uncertainty about breakout
- Consolidating between 2.56 cents and 2.25 cents
- Bullish breakout possible, but beware of fakeout risk
1️⃣ Technical analysis:
- Potential reach 2.5-2.55 cents
- Flat open interest, no significant momentum
2️⃣ Market circumstances:
- Illiquid period (Sunday to Monday)
- Not ideal for breakout
3️⃣ Conclusion:
- Breakout unlikely under current circumstances
- Monitor open interest and Bitcoin's performance
- Avoid buying or shorting JASMY for now
$JASMY $BTC #Bitcoin #Trading #ChinaCoin #BinanceTurns7
🚨🚨🚨 ZachXBT issues warning of rising offline robberies targeting #crypto traders in Western Europe, Hong Kong and Singapore.
Traders threatened at gunpoint by culprits targeting well-known figures in the crypto community.
#ChinaDrama #ChinaCoin #cryptotipshop #CryptoCandid #CryptoNewsCommunity
Traders threatened at gunpoint by culprits targeting well-known figures in the crypto community.
#ChinaDrama #ChinaCoin #cryptotipshop #CryptoCandid #CryptoNewsCommunity
🚨 Hamster Kombat ($HMSTR) Token: The Next Crypto Sensation? 🚀
🐹 Hamster Kombat is taking the tap-to-earn world by storm! With the hype building around its upcoming token launch on Telegram, could $HMSTR be the next big thing? Remember Notcoin, which exploded to a $3 billion market cap? Hamster Kombat might be poised for a similar leap!
🔮 Price Predictions:
- Short-Term (3-6 months): $HMSTR could climb to $0.05 to $0.10 per token! 📈
- Mid-Term (6-12 months): Ready for liftoff? We might see $0.55 per token! 🚀💸
With a massive user base of 148 million and 40 million daily active players, this could be the start of something huge. Keep in mind, though, that tokens might be released gradually over two years, impacting short-term supply.
💰 Can You Profit from the Hamster Kombat Airdrop?
Unlike other airdrops, Hamster Kombat's rewards will be based on account levels and passive income, not balance. Level up now to position yourself for maximum rewards!
Don't miss out! Upgrade your account and prepare for potential gains. Hamster Kombat is set to take 2024 by storm! 🚀🔥
#HamsterKombat #HMSTR #Crypto #Binance #GameFi #AirdropHype #NextBigThing #boolish star trader #PowellAtJacksonHole #Hamstercombo #ChinaCoin
🐹 Hamster Kombat is taking the tap-to-earn world by storm! With the hype building around its upcoming token launch on Telegram, could $HMSTR be the next big thing? Remember Notcoin, which exploded to a $3 billion market cap? Hamster Kombat might be poised for a similar leap!
🔮 Price Predictions:
- Short-Term (3-6 months): $HMSTR could climb to $0.05 to $0.10 per token! 📈
- Mid-Term (6-12 months): Ready for liftoff? We might see $0.55 per token! 🚀💸
With a massive user base of 148 million and 40 million daily active players, this could be the start of something huge. Keep in mind, though, that tokens might be released gradually over two years, impacting short-term supply.
💰 Can You Profit from the Hamster Kombat Airdrop?
Unlike other airdrops, Hamster Kombat's rewards will be based on account levels and passive income, not balance. Level up now to position yourself for maximum rewards!
Don't miss out! Upgrade your account and prepare for potential gains. Hamster Kombat is set to take 2024 by storm! 🚀🔥
#HamsterKombat #HMSTR #Crypto #Binance #GameFi #AirdropHype #NextBigThing #boolish star trader #PowellAtJacksonHole #Hamstercombo #ChinaCoin
China's Stimulus Package: Boosting Economic Growth"*
The Chinese government has unveiled a comprehensive stimulus package to revitalize the economy. This package includes:
- Key measures: tax cuts, infrastructure spending, and monetary policy easing
- Impact on GDP growth and job creation
- Focus on high-tech industries and innovation
- Comparison with previous stimulus packages
"China's Belt and Road Initiative (BRI): Unleashing Economic Potential"*
The BRI aims to reconnect China with the rest of the world through infrastructure development.
- Overview of BRI's objectives and progress
- Economic benefits: increased trade, investment, and job creation
- Regional impact: Southeast Asia, Central Asia, and Europe
- Challenges and criticisms
"China's Made in China 2025 Initiative: Driving Industrial Upgrades"*
This initiative aims to upgrade China's industrial capabilities.
- Key sectors: robotics, aerospace, and renewable energy
- Government support: subsidies, research funding, and talent attraction
- Impact on economic growth and global competitiveness
- Challenges from US-China trade tensions
"China's Consumption-Driven Growth Strategy"*
The Chinese government is shifting focus from investment-driven to consumption-driven growth.
- Policies to boost consumer spending: tax cuts, subsidies, and social welfare
- Growth of e-commerce and digital payments
- Impact on retail, tourism, and service sectors
- Challenges in rebalancing the economy
"China's Opening-Up Policy: Attracting Foreign Investment"*
China is further opening its doors to foreign investors.
- Relaxation of foreign ownership restrictions
- Expansion of free trade zones
- Simplification of business registration processes
- Impact on foreign direct investment (FDI) and economic growth
Some key statistics to include:
- China's GDP growth rate: 6.4% (2020)
- Total FDI: $138 billion (2020)
- Urban unemployment rate: 5.2% (2020)
- Retail sales growth: 8% (2020)#BTCUptober #ChinaCoin #ChinaEquityMarkets #ecosystemgrowth #StockMarketSuccess
The Chinese government has unveiled a comprehensive stimulus package to revitalize the economy. This package includes:
- Key measures: tax cuts, infrastructure spending, and monetary policy easing
- Impact on GDP growth and job creation
- Focus on high-tech industries and innovation
- Comparison with previous stimulus packages
"China's Belt and Road Initiative (BRI): Unleashing Economic Potential"*
The BRI aims to reconnect China with the rest of the world through infrastructure development.
- Overview of BRI's objectives and progress
- Economic benefits: increased trade, investment, and job creation
- Regional impact: Southeast Asia, Central Asia, and Europe
- Challenges and criticisms
"China's Made in China 2025 Initiative: Driving Industrial Upgrades"*
This initiative aims to upgrade China's industrial capabilities.
- Key sectors: robotics, aerospace, and renewable energy
- Government support: subsidies, research funding, and talent attraction
- Impact on economic growth and global competitiveness
- Challenges from US-China trade tensions
"China's Consumption-Driven Growth Strategy"*
The Chinese government is shifting focus from investment-driven to consumption-driven growth.
- Policies to boost consumer spending: tax cuts, subsidies, and social welfare
- Growth of e-commerce and digital payments
- Impact on retail, tourism, and service sectors
- Challenges in rebalancing the economy
"China's Opening-Up Policy: Attracting Foreign Investment"*
China is further opening its doors to foreign investors.
- Relaxation of foreign ownership restrictions
- Expansion of free trade zones
- Simplification of business registration processes
- Impact on foreign direct investment (FDI) and economic growth
Some key statistics to include:
- China's GDP growth rate: 6.4% (2020)
- Total FDI: $138 billion (2020)
- Urban unemployment rate: 5.2% (2020)
- Retail sales growth: 8% (2020)#BTCUptober #ChinaCoin #ChinaEquityMarkets #ecosystemgrowth #StockMarketSuccess
🔥$WIF Market Vibes 🔥
Current Price: $2.29 📉 -7.42%
WIF is turning heads in the meme coin space, experiencing some volatility and intense trading action. Here’s a breakdown of the latest:
📊 Key Stats:
24h High: $2.483 📈
24h Low: $2.254 📉
24h Volume: 54.07M WIF / $126.96M USDT 💰
Performance Timeline:
Today: -7.42%
7 Days: -4.65%
30 Days: -0.13%
90 Days: +27.20% 📈
180 Days: -33.06% 📉
Technical Indicators: 💹 MA | EMA | BOLL | SAR | MACD | RSI
15m, 1h, 4h, 1D Views Available
Can WIF shake off the recent dip and rally? Keep your eyes on this meme coin for potential breakout moments—use Binance’s real-time analytics to spot the next big move! 🚀📊
#Write2Earn! #USPCEExceeds #ChinaCoin #Binancepen_spark #Therapydogcoin
Current Price: $2.29 📉 -7.42%
WIF is turning heads in the meme coin space, experiencing some volatility and intense trading action. Here’s a breakdown of the latest:
📊 Key Stats:
24h High: $2.483 📈
24h Low: $2.254 📉
24h Volume: 54.07M WIF / $126.96M USDT 💰
Performance Timeline:
Today: -7.42%
7 Days: -4.65%
30 Days: -0.13%
90 Days: +27.20% 📈
180 Days: -33.06% 📉
Technical Indicators: 💹 MA | EMA | BOLL | SAR | MACD | RSI
15m, 1h, 4h, 1D Views Available
Can WIF shake off the recent dip and rally? Keep your eyes on this meme coin for potential breakout moments—use Binance’s real-time analytics to spot the next big move! 🚀📊
#Write2Earn! #USPCEExceeds #ChinaCoin #Binancepen_spark #Therapydogcoin