The rally follows stimulus announcements that included interest rate cuts, liquidity support for stocks, banking system capital injections, and a promise to support property prices. The enormous stimulus, estimated to be over 7.5 trillion yuan (CNY), has been widely perceived as uber-bullish for bitcoin and other risk assets. Bitcoin, however, remains flat-lined at around $64,000 in the wake of the China stimulus, extending a six-month-long consolidation between $50,000 and $70,000.
Key TakeawaysNium joined the Circle Payments Network on May 27, 2026, to connect USDC stablecoin settlement with fiat payouts.The integration...
The UK government has formally sanctioned HTX, one of the world’s largest cryptocurrency exchanges, and led by Tron founder Justin...
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Banca Sella has become the first Italian bank to receive authorization to offer cryptocurrency services under the European Union’s Markets...
China’s securities regulator, the China Securities Regulatory Commission, announced on May 25 that it will penalize three major offshore brokerages...
