Chinese New Year News

Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches.

As the Year of the Earth Pig has come, it is time to look back at what happened during the previous year.

January has never been a great month for Bitcoin in recent times and there may be an odd explanation.

OKCoin gave away 10 Million RMB and encouraged users to give it to their friends through WeChat, following a growing trend of sending traditional red envelopes through the popular chat program. The promotion awarded users with an amount between 1mBTC and 1BTC, then encouraged them to send that amount (or more from their linked OkCoin account) to their friends. The amount sent to each friend would be randomly determined.