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Chinese Yuan Weakens to Yearly Low Point, Will it Strengthen Bitcoin?

The national currency of China weakened beyond a critical level as political tensions with the US worsened. The yuan dropped below 6.93 per dollar this week, within a striking range of its January 2017 low, owing to a series of negative factors…
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Chinese Traders are Still Investing in Bitcoin by Exploiting Crypto Ban

Although the Chinese government has hailed their crypto ban as successful, it appears that traders have found multiple ways to circumvent the ban despite tightening scrutiny on crypto by state regulators. Exchanges are also finding ways to avoid…