No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

China’s tariff response may mean more capital flight to crypto: Hayes

by TheAdviserMagazine
7 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
China’s tariff response may mean more capital flight to crypto: Hayes
Share on FacebookShare on TwitterShare on LInkedIn


China’s response to America’s sweeping trade tariffs could result in capital flight to Bitcoin and crypto, according to BitMEX founder Arthur Hayes.

“If not the Fed [Federal Reserve], then the PBOC [People’s Bank of China] will give us the Yahtzee ingredients,” said Hayes on X on April 8 in reference to the catalyst needed to resume the crypto market bull run.

Hayes said that if the Chinese central bank devalued its currency, the yuan, the “narrative [is] that Chinese capital flight will flow into Bitcoin,” adding that “it worked in 2013, 2015, and can work in 2025.” 

Bybit co-founder and CEO Ben Zhou said that China will try to lower the yuan to counter the tariff, adding that historically, whenever the yuan drops, “a lot of Chinese capital flows into BTC,” which is bullish for Bitcoin (BTC).

The yuan has weakened against the greenback since 2022. Source. Google Finance

China devalued the yuan by nearly 2% against the US dollar, which saw the largest single-day drop in decades in August 2015. Bitcoin did see some increased interest during this period, though the direct causative relationship is debated.

When the yuan fell below the symbolic 7:1 ratio against the USD in August 2019, Bitcoin also saw price increases in the same timeframe. Some analysts suggested that Chinese investors were using Bitcoin as a hedge as the asset jumped 20% in the first week of that month. 

In 2019, crypto asset manager Grayscale noted the depreciation in the Chinese yuan at attributed it as a factor that spurred Bitcoin markets at the time. 

Currency control avoidance and wealth preservation

Wealthy Chinese citizens may have used crypto in the past to preserve their wealth, move it beyond government reach, and avoid capital controls and restrictions within the country, according to analysts. 

It is also believed that currency devaluations also damage trust in central banks and government financial management, pushing people toward decentralized alternatives like Bitcoin.

Related: $2T fake tariff news pump shows ‘market is ready to ape’

On April 7, the US president vowed to ratchet up additional tariffs against China, which responded by stating it “will fight to the end.”

“If the US implements escalated tariff measures, China will resolutely take countermeasures to defend its own interests,” the Chinese Commerce Ministry said in a statement.

Magazine: Financial nihilism in crypto is over — It’s time to dream big again



Source link

Tags: CapitalChinasCryptoflightHayesresponseTariff
ShareTweetShare
Previous Post

Netanyahu fails to persuade Trump to remove tariff on Israel

Next Post

Short-term rebound could trap investors; better to wait for clarity: Dipan Mehta

Related Posts

edit post
Japan’s Biggest Card Firm Joins The Network

Japan’s Biggest Card Firm Joins The Network

by TheAdviserMagazine
October 29, 2025
0

TIS Inc., Japan’s largest payments processor, has moved into tokenized finance by launching a Multi-Token Platform on Avalanche’s AvaCloud, according...

edit post
Elite Ferrari clientele to bid on Le Mans race car with digital tokens

Elite Ferrari clientele to bid on Le Mans race car with digital tokens

by TheAdviserMagazine
October 29, 2025
0

Ferrari is making a pit stop in crypto, but only for its VIP clientele. The Italian automaker plans to issue...

edit post
TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

TRON DAO Participates in Europol’s 9th Global Conference on Criminal Finances and Cryptoassets

by TheAdviserMagazine
October 29, 2025
0

This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, October 29th, 2025 – TRON DAO, the community-governed DAO...

edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

by TheAdviserMagazine
October 29, 2025
0

Cryptocurrency asset manager Grayscale Investments has launched its staking-enabled Solana spot exchange-traded fund (ETF), expanding institutional access to Solana exposure.According...

edit post
ASIC Confirms Stablecoins and Tokenised Assets Fall Under Financial Law

ASIC Confirms Stablecoins and Tokenised Assets Fall Under Financial Law

by TheAdviserMagazine
October 29, 2025
0

The Australian Securities and Investments Commission has clarified how existing financial laws apply to digital assets. The update aims to...

edit post
Trump Media And Crypto.Com Unveil Predictions Market Partnership

Trump Media And Crypto.Com Unveil Predictions Market Partnership

by TheAdviserMagazine
October 29, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure President Donald Trump’s social media platform, Truth...

Next Post
edit post
Short-term rebound could trap investors; better to wait for clarity: Dipan Mehta

Short-term rebound could trap investors; better to wait for clarity: Dipan Mehta

edit post
York IE Expands Global Advisory Services with Key Promotions and India Operations Growth

York IE Expands Global Advisory Services with Key Promotions and India Operations Growth

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Xi strikes conciliatory tone as he meets Trump in South Korea

Xi strikes conciliatory tone as he meets Trump in South Korea

0
edit post
Elite Ferrari clientele to bid on Le Mans race car with digital tokens

Elite Ferrari clientele to bid on Le Mans race car with digital tokens

0
edit post
10 Hidden Truths About Donated Clothing That Thrift Stores Keep Hush-Hush

10 Hidden Truths About Donated Clothing That Thrift Stores Keep Hush-Hush

0
edit post
RBC Sees Balanced Outlook for Caterpillar Amid Mid-Cycle Momentum

RBC Sees Balanced Outlook for Caterpillar Amid Mid-Cycle Momentum

0
edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

0
edit post
Here are the five key takeaways from the Fed meeting and Powell news conference

Here are the five key takeaways from the Fed meeting and Powell news conference

0
edit post
Xi strikes conciliatory tone as he meets Trump in South Korea

Xi strikes conciliatory tone as he meets Trump in South Korea

October 29, 2025
edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

October 29, 2025
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

October 29, 2025
edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

October 29, 2025
edit post
How to keep your AI use from violating industry rules

How to keep your AI use from violating industry rules

October 29, 2025
edit post
Here are the five key takeaways from the Fed meeting and Powell news conference

Here are the five key takeaways from the Fed meeting and Powell news conference

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Xi strikes conciliatory tone as he meets Trump in South Korea
  • Groww announces IPO dates as regulatory uncertainty looms over stock brokers
  • Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.