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Chinese coins5/19/2023 ![]() (Those already holding crypto, however – that’s, begrudgingly, okay.) So, for that reason alone, it’s been easy enough to let Chinese-based crypto projects be pushed well into a dusty corner in the back of the mind’s attic.īut guess what? It turns out the US isn’t the only global financial superpower in town who can moonshot AND shakedown the markets.Īnd whatever murky thoughts you might have about China and how it goes about its business, from a purely self-centred pump-all-crypto-bags perspective, it feels slightly refreshing to focus on some other kind of financial dictatorship than the US Federal Reserve. In hindsight, we probably shoulda seen it coming.Īnd that’s because China’s economy has been in the early stages of reopening to the world since late last year after the nation’s long, brutal “zero Covid” pandemic policy.Īlthough, to be fair, crypto mining, trading and usage is still very much banned for citizens of the eastern superpower. When we recently put together our list of crypto “narratives” to watch Chinese coins definitely wasn’t on them. If you haven’t, however, caught some of our recent articles explaining some of the reasoning behind this particular crypto-sub-sector surge or resurgence, though, then let’s just dig into that briefly first. Buy tickets to the unsupervised and volatile ride at your own risk. …ahem, with the very necessary caveat that this has been a hard-pumping trend just lately, which has the potential to wane or absolutely dump. So then, at the risk of looking like we’re flagrantly jumping on the very latest crypto narrative bandwagon, which, let’s face it, we absolutely are with this article, let’s talk about some “HOT Chinese coins”… China all the time.” Donald Trump was onto something – just not Chinese crypto coins. “China, China, China… China now, China… I have to have my China. The research center said that, "Since ancient coins from the Xin Dynasty are being found in specific locations around the Yeongsan River and along the southern coastal regions of South Jeolla Province, there is evidence that the governing body in Korea during that time maintained maritime trade routes with the Xin along the Yeongsan River and the southwestern coasts.Crypto altcoins Filecoin, Conflux, NEO, VeChain and Phoenix Chain, among several others, have been pumping just lately. ![]() They were found in small quantities among piles of shells and other ruins related to day-to-day life in ancient civilizations. Until this discovery, only 19 hwacheon coins have ever been unearthed. The bundle was discovered in a rectangular togwang-myo, or earthen tomb, alongside a short-necked jar and 78 pieces of blue glass-jade beads. The majority of coins that were unearthed are 2.2 to 2.3 centimeters in diameter, but some are 2.6 centimeter in diameter. This is the first time that such a bundle of ancient coins has been found. The Research Center of Dolmens in Northeast Asia announced on Jan.18 that it had discovered a bundle of some 50 ancient coins during an excavation at a ruin in Gwangju. 8-23), has been unearthed in the ruins of a tomb in Gwangju, Jeollanam-do Province. A bundle of 2,000-year-old coins believed to have come from the ancient Chinese Xin Dynasty are unearthed from a tomb in Gwangju, Jeollanam-do Province.Ī bundle of ancient coins, called hwacheon (화천, 貨泉), believed to date back to the Chinese Xin Dynasty (신조, 新朝) (A.D.
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