News View Non-AMP

China to Launch Bitcoin Reserve? These Altcoins Could Soar as The Nation Plans to Lift Crypto Ban

Published by
Anjali Belgaumkar

China is making moves that could impact the entire cryptocurrency market. There are reports suggesting that the country is considering launching a strategic Bitcoin reserve and may soon lift its crypto ban. This has created buzz, especially for altcoins tied to Chinese blockchain projects, as they stand to benefit from the country’s growing interest in digital assets. Hashkey CEO recently said, “I think there is the possibility the mainland China government will reconsider their stance towards the crypto and Web3 industry.”

China’s Shift Toward Crypto

China’s push into cryptocurrency seems driven by its desire to compete with the U.S. and strengthen its position globally. As more countries embrace digital currencies, China wants to lead the way in crypto and blockchain technology.

Experts believe that when China lifts its crypto ban, a significant amount of money will flow into Chinese tokens. Analyst Tracer explains, “In a positive scenario, their liquidity will first flow into China-related tokens,” potentially sparking a rally in altcoins connected to Chinese blockchain projects. This presents a great opportunity for investors to get ahead of the curve.

Top Chinese Altcoins to Watch

Aethir (ATH) – A project focused on building decentralized GPU computing infrastructure. With a market cap of $275.77M, it’s one to watch as liquidity pours into China-related tokens.

Zilliqa (ZIL) – A high-speed blockchain designed for scalability, Zilliqa is ready to take off when China’s crypto ban is lifted. It has a market cap of $257.15M and is set to benefit from increased demand.

Neo (NEO) – Known as the “Chinese Ethereum,” Neo is one of the country’s most established blockchains. With a market cap of $578.91M, Neo could see growth as China’s crypto industry expands.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

XRPL Going Beyond Payments? Ripple CTO Details New Vision for XRP

Could XRP be gearing up to challenge the entire financial system? Ripple’s Chief Technology Officer,…

June 4, 2025

Institutional Investors Eye Kaanch as the Next Big Altcoin Before Solana’s $500 Milestone

Kaanch is rapidly attracting institutional investors as a promising altcoin poised for significant growth. Currently…

June 4, 2025

U.S.-Pakistan Crypto Alliance? Bilal Bin Saqib Meets Trump’s Digital Asset Chief

In a high-level meeting aimed at advancing digital asset cooperation, Pakistan’s Minister for Crypto and…

June 4, 2025

Dogecoin (DOGE) and Shiba Inu (SHIB) Struggle to Maintain Momentum as XYZVerse (XYZ) Skyrockets Nearly 30%, Attracting Fresh Capital

Popular meme coins are losing steam while a new player takes off. Dogecoin and Shiba…

June 4, 2025

Mubarak Meme Coin Explodes 105% Ahead of Eid

The Mubarakah meme coin has shocked the crypto community with a massive 105% price rally…

June 4, 2025

Render Price Prediction 2025, 2026 – 2030: Is Render Still a Good Buy?

Story Highlights The live price of the RNDR token is . Render token with a…

June 4, 2025