Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,401)
  • Analysis (1,587)
  • Bitcoin (2,173)
  • Blockchain (1,275)
  • DeFi (1,496)
  • Ethereum (1,487)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,540)
  • Press Releases (1)
  • Reddit (824)
  • Regulation (1,438)
  • Security (2,058)
  • Thought Leadership (2)
  • Videos (41)
Hand picked
  • Iran orders crypto exchange curfew after $100M Nobitex hack
  • Mat is available for trading!
  • Bybit Dex of Bybit officially launches on Solana
  • The CoinMarketCap Party Investigation, Survey in progress
  • Ideal-finance.com is associated with international financial giants to build a new mechanism for cross-border traffic in global assets
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»Bitcoin in danger? The expert warns against the alleged plan of China to crush BTC at $ 40,000
Analysis

Bitcoin in danger? The expert warns against the alleged plan of China to crush BTC at $ 40,000

April 18, 2025No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Screenshot 1033.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


Reason to trust

Strict editorial policy which focuses on precision, relevance and impartiality

Created by industry experts and meticulously revised

The highest standards in the declaration and publishing

Strict editorial policy which focuses on precision, relevance and impartiality

Morbi Pretium Leo and Nisl Aliquam Mollis. Quisque Arcu Lorem, quis pellentesque nec, ultlamcorper eu odio.

Este Artículo También is respondable in Español.

While Bitcoin (BTC) is trying to stabilize above the level of crucial support of $ 80,000, a new warning from market analyst Leviathan has raised concerns concerning an alleged strategy of China which could have a significant impact on the leading cryptocurrency.

Bitcoin strategy “secret” from China

In a recent job On X (formerly Twitter), Leviathan said that China was planning to sell its Bitcoin assets, which could reduce the price to $ 40,000. According to the analyst, this decision is only the start of a wider diagram.

Despite the Chinese government’s public position against the cryptocurrency trade, local authorities have found a bypass solution, he said. The expert says they discreetly cashed confiscated bitcoin, which led to an “underground tax strategy” which works in “legal ambiguity”.

Related reading

Currently, the Chinese authorities would have around 194,000 BTC, which makes it the second largest government Bitcoin, just behind the United States.

The Leviathan stresses that if the Chinese government publicly denounces the cryptocurrency, it is simultaneously benefiting financially from its underground sales.

Local governments would have improvised their strategies, some private engaging technology companies to liquidate confiscated bitcoin on offshore exchanges. Others would have a more “clandestine” approach more.

The expert provides an example of a relatively unknown company in Shenzhen, Jiafenxiang, which would have facilitated more than $ 400 million Cryptography sales On behalf of various city governments, converting the product to Yuan and transferring funds to local financial services.

Hong Kong appears as a potential paradise for the confiscated BTC of China

In 2023, China witnessed a record increase in crimes related to crypto, with more than $ 59 billion linked to illegal activities and more than 3,000 money laundering.

In the middle of this backdrop, local governments are increasingly dependent on income generated by Fines and confiscations – of which an important part comes from liquidated cryptocurrencies.

However, the need for funds are in contradiction with the government’s public anti-diligation position, forcing those responsible for unloading parts abroad through intermediaries while hoping for a minimum interference from Beijing.

There have been discussions between judges, lawyers and the police on the need for a coherent national policy concerning cryptocurrency. Some have proposed that the central bank takes control of these assets, while others have suggested establishing a sovereign cryptography fund.

Related reading

Leviathan underlined Hong Kong, who, with his more favorable legal framework for cryptocurrencies, has become a potential destination for the Chinese bitcoin stock.

This situation presents a unique challenge for China, because the contradiction between its public denunciation of cryptocurrencies and its private benefit from them becomes more and more apparent.

While the United States is moving towards the legitimization of cryptocurrencies at the federal level, including discussions on Strategic reserves Under President Donald Trump and his continuous support for crypto, China can be forced to answer, says the expert.

In the end, Leviathan said that the fate of the 194,000 Bitcoin Holdings Chinese would not only shape national policies, but could also send undulations through the global financial landscape.

Bitcoin
The daily graph shows an increase in BTC over $ 84,000. Source: BTCUSDT on tradingView.com

At the time of writing this document, BTC is negotiated at $ 84,800, recording an increase of 5% within the weekly time.

Dall-e star image, tradingView.com graphic



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleComtex | API Distribution and news of the press release
Next Article Trader says that Altcoin who has torn 222% in a month still has room to operate, updates the prospects on soil soil based on

Related Posts

Analysis

The CoinMarketCap Party Investigation, Survey in progress

June 21, 2025
Analysis

Coinbase becomes the first American exchange to obtain an EU scale cryptography license

June 21, 2025
Analysis

Why had a 5% increase in the midst of a market accident, 150% are gathering?

June 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Bybit Dex of Bybit officially launches on Solana

June 21, 2025

Bitcoin is ready to reach a new record of once every time once the BTC breaks above this level of resistance, according to Trader Michaël Van de Poppe

June 21, 2025

Hacked coinmarketcap, rushes to eliminate the malicious portfolio check window

June 21, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 102,779.54
ethereum
Ethereum (ETH) $ 2,402.80
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.09
bnb
BNB (BNB) $ 633.61
solana
Solana (SOL) $ 138.49
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.274826
dogecoin
Dogecoin (DOGE) $ 0.15861
staked-ether
Lido Staked Ether (STETH) $ 2,399.13