Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...

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CNY devaluation hits 18-year low, signaling a bullish trend for Bitcoin amid trade war, capital controls, and investor flight.

Bitcoin (BTC) could be poised for a major rally as Chinese investors seek safe havens against a weakening yuan, according to ...

Bitcoin climbs to $81,552 amid easing US tariffs, but experts warn of a potential bull trap if China strikes back.

The Chinese central bank set its reference rate ... The People’s Bank of China, the central bank, set its reference rate at 7.2038 yuan against the dollar, the first time since September 2023 ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

BEIJING, April 21 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 14 pips to 7.2055 against the U.S. dollar Monday, according to the China Foreign ...

Strategy (MSTR) is down 5.3% and Coinbase (COIN) 2.3%. One outlier is DeFi Technologies ... The tariff news put additional pressure on the Chinese currency, with the offshore yuan (CNH) rapidly ...

A devaluation of the Chinese currency could result in a flight to Bitcoin to preserve wealth and avoid capital controls.

The People’s Bank of China is allowing a free float on the yuan, a move that may fuel a rapid breakout of Bitcoin (BTC) price.