Claim $500Breaking: Bitcoin Price Now Features In China’s TikTok Version Douyin
Crypto News: Amid concerns of dedollarization and inflation worries in the United States, Douyin, the Chinese version of Tiktok platform, is now displaying Bitcoin price when searched. This is similar to the initiative by Twitter platform, which also displays Bitcoin price when looked in the search console. This is an interesting development by the ByteDance owned company, considering the ban on cryptocurrencies by the People’s Bank of China. The central bank considers cryptocurrencies a risk to the country’s economic instability and from the aspect of financial crimes
Also Read: Popular Economist Says HyperBitcoinization Is Inevitable; Predicts Timeline
Bitcoin Price Live On Douyin
Tron founder Justin Sun revealed the new feature on China’s Tiktok earlier on Monday. The Bitcoin price is displayed against the Chinese currency when searched on the platform. He said in a tweet,
“Bitcoin price is now live on Douyin (Tiktok in China).”
Although China fundamentally opposes cryptocurrencies related operations in the country, it is said that the Bitcoin mining industry is quite strong in the country. In fact, China is encouraging Hong Kong in the direction of becoming a hub for crypto market and the blockchain ecosystem.
Also Read: Justin Sun Predicts Huobi Global’s Profit To Rise Four Times In Q2
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Fed Pumps $2.5B Overnight—Will Crypto Market React?
- Crypto-Based Tokenized Commodities Near $4B Milestone as Gold and Silver Hit Record Highs
- Largest Ethereum Treasury Company Bitmine Enters Staking, Deposits 74,880 ETH
- Brian Armstrong Praises Indian Police for Arresting Ex-Agent in $400M Coinbase Hack
- JPMorgan Flags Risky Stablecoin Activity, Freezes Account of Two Firms
- Pi Network Price Holds $0.20 After 8.7M PI Unlock, 19M KYC Milestone-What’s Next?
- XRP Price Prediction Ahead of US Strategic Crypto Reserve
- Ethereum Price Prediction Ahead of the 2026 Glamsterdam Scaling Upgrade – Is $5,000 Back in Play?
- Cardano Price Eyes a 40% Surge as Key DeFi Metrics Soar After Midnight Token Launch
- FUNToken Price Surges After MEXC Lists $FUN/USDC Pair
- Bitcoin Price on Edge as $24B Options Expire on Boxing Day — Is $80K About to Crack?
