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Nalezeno "Bitcoin China": 76

Q4 Forecasts For Bitcoin Miners; Executive Order on Crypto + More News

11.10.2021
ndex.com/blog/hashrate-index-q3-report-bitcoin-china-ban">said in its report today. The company did not specify if it's in USD or BTC terms. 7-day average revenue from fees was almost USD 900,000 on October 10, per Blockchain.com

Dydx Trading Volumes Explode After Latest Chinese Crypto Ban

1.10.2021
Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users...

Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform

29.9.2021
Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its official website. The move is a direct consequence of the latest ban the Chinese government has applied...

‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water

27.9.2021
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam....

China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’

24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...

Here's how Bitcoin options traders might prepare for a BTC ETF approval

31.8.2021
Bloomberg analysts expect a BTC ETF approval in the next few months, and clever options traders might use this strategy to profit from the possibility

Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’

15.8.2021
On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was working with the blockchain payments company Utrust in order to be more “inclusive.” However, the Mi Store...

Chinese Miners Pivot to Alternative Currencies to Keep Operating

24.7.2021
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners...

China proves Bitcoin is an unstoppable machine: Bitcoin Center founder

6.7.2021
Bitcoin price goes up once regulatory setbacks are digested by the crypto community, Zap Procotol co-founder Nick Spanos says

Huobi Prohibits Chinese Residents From Leveraging Cryptocurrency Derivatives

28.6.2021
The Seychelles-based cryptocurrency exchange originally founded in China, Huobi, has officially banned Chinese residents from swapping cryptocurrency derivatives, according to the company’s revised user agreement. China is now listed as prohibited and residents from the country are forbidden...

Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns

22.6.2021
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin...

Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst

18.6.2021
Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows

Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report

18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....

Amundi Executive Pascal Blanque Calls Cryptocurrencies a Farce

5.6.2021
Pascal Blanque, CIO of Amundi, one of the biggest asset managers in Europe, has stated that bitcoin and other cryptocurrencies are a farce, exposing its skeptical stance on the real value of cryptocurrencies. The investor stated that crypto assets are an expression of markets making bubbles...

Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications

31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities

1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...