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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
Chinese blockchain project BSN expands to Turkey and Uzbekistan
11.10.2021
Chinese blockchain project BSN comes to Turkey and Uzbekistan after launching the BSN Hong Kong and Macau portal
Bitmain Will Not Ship Crypto Mining Equipment to China
11.10.2021
Mining hardware manufacturer Bitmain will no longer ship its products to mainland China. The move is in response to local regulations, the company explained. The announcement follows a prolonged crackdown on crypto mining operations in the country and a recently reiterated wide ban on activities...
McDonald's China to give away 188 NFTs on 31st anniversary
10.10.2021
The "Big Mac Rubik's Cube" NFTs will be distributed to Chinese employees and customers by McDonald's China as a part of a giveaway
Bitmain stops shipment of Antminer crypto mining rigs into China
10.10.2021
Bitmain plans to identify green energy mining opportunities from power generation projects in Chinese provinces
China to Add Cryptocurrency Mining to ‘Negative List for Market Access’ Making the Industry Off-Limits to Investors
9.10.2021
China has proposed adding cryptocurrency mining to the country’s latest “Negative List for Market Access.” This will make cryptocurrency mining an industry that is off-limits to investors, another move by the Chinese government to clamp down on crypto-related activities....
Altcoin Roundup: DEXs come to the rescue after China bans crypto
8.10.2021
China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise
Chinese Firms Exiting Mainland as Crypto Crackdown Bites
8.10.2021
href="https://cryptonews.com/ext/poloniex/">Poloniex.Per the China Securities Journal, “more than 20 “crypto-related companies have “announced their withdrawal from the Chines
How to create an environmentally-friendly coin, explained
8.10.2021
With increased concern about the carbon footprint that the crypto industry creates, alternative enterprise solutions emerge that can help cut down on the energy costs involved
Poloniex Will Stop Services for Mainland China Users
8.10.2021
Poloniex, the well-known cryptocurrency exchange, recently announced that it would cease its operations in Mainland China. The move came after Chinese authorities restricted crypto-based operations. The crypto exchange has voluntarily stopped its services in the region since it cannot comply with...
Tether fires back against report it is using reserves for investments and making crypto-backed loans
7.10.2021
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux
SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress
6.10.2021
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use...
a16z Lays out Regulatory Proposal as SEC Chief Focuses On Consumer Protection
6.10.2021
ruled out the possibility of enacting a China-style crypto crackdown in America. He was responding to questions in a hearing in Congress where a Republican lawmaker asked if “a China-like prohibi
Billionaire Ken Griffin slams crypto as ‘jihadist call’ against the greenback
6.10.2021
Hedge fund manager Ken Griffin signaled out crypto as a threat to the US dollar, and stated that "I wish all this passion and energy that went to crypto was directed towards making the United States stronger."
Edward Snowden Says Bitcoin Up 10x Since He Tweeted About Buying It, China’s Ban Makes BTC Stronger
5.10.2021
Privacy activist and whistleblower Edward Snowden says that bitcoin is up about 10 times since he tweeted about buying it. Bitcoin is stronger “despite a coordinated global campaign by governments to undermine public understanding of — and support for — cryptocurrency,”...
Hash rate and difficulty rebound shows miners have recovered from China exodus
5.10.2021
Bitcoin mining profitability is up 275% since before the May 2020 halving
These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
5.10.2021
Correlation does not imply causation, but these 3 indicators did signal prior to Bitcoin's recent push to $49,000
Donald Trump on Crypto: ‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’
4.10.2021
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in...
Cryptowisser : China Crypto Ban Sheds Light on Over 15 Countries That Restrict or Ban Cryptocurrency
4.10.2021
PRESS RELEASE. October 2021, leading Crypto service comparison site – Cryptowisser, take an in-depth look at the recent crypto ban in China as well as several other countries who legally restrict crypto currency in some way and why. As the Cryptowisser report states, there are over...
AUD/USD, China, Australian Dollar, Risk Trends: Talking Points
4.10.2021
With Asia-Pacific sectors set for a peaceful session, investors tidy up for a hectic one. The Chinese markets are set to close the equity and bond operations amid a week-long holiday. Meanwhile, AUD/USD aims to continue its late-week rebound after setting a new low. Another surprising news came...