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BTC’s Hashrate Touches 120 Exahash, But the Price Has Not Followed


On January 1, the BTC network hashrate touched an all-time high at close to 120 exahash per second (EH/s). Despite the crypto market lull and lower BTC prices, the 2020 milestone happened just before the blockchain’s 11th anniversary. BTC’s curious jump in hashrate has the cryptosphere...

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses that moment of experience from which to look back or from which to look ahead.” - Graham Greene In today's newsletter, […] The post China’s new crypto...

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses thatContinue Reading The post China’s new crypto law appeared first on CoinMarketCap

China’s new crypto law


CoinMarketCap Daily Newsletter Your daily newsletter for 2 January, 2020 “A story has no beginning or end: arbitrarily one chooses that moment of experience from which to look back or from which to look ahead.” - Graham Greene In today's newsletter, […] The post China’s new crypto...

China’s Manufacturing Grows While Inflation Danger Still Looms Over the US


As China and the US came close to conclude the talks on the first phase of the trade deal, a stronger Manufacturing activity in China has coincided. A Chinese official statement by the National Bureau of Statistics declared that the Purchasing Managers’ Index (PMI) has remained at 50.2 in December....

China Takes Another Step Away From USD Hegemony


The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...

Cryptonews Rewind 2019: Q4 - China, War of Money, IPOs & Arrests


Here is what happened in the Cryptoworld in the last quarter of this year and this decade: Total crypto market capitalization in Q4 October We started this quarter with looking who is to blame for Bitcoin price crash. We were in for a surprise when a German bank stated that Bitcoin prices are...

Cloud Token and the Rise of MLM Crypto Projects


Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...

Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season


Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...

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