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Crypto is impossible to destroy, says Tesla CEO Elon Musk
29.9.2021
The decentralized nature of cryptocurrencies may be a challenge for the Chinese government, Elon Musk suggested
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...
China’s Great Firewall Censors Crypto Websites Coingecko, Coinmarketcap, Tradingview
29.9.2021
On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China....
Another Ethereum mining pool forced to close due to China crackdown
29.9.2021
Beepool, the fourth largest Ethereum mining pool will shut down operations following Beijing’s anti crypto posture
Signs of fear emerge as Ethereum price drops below $3,000 again
28.9.2021
Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip
Alibaba to ban crypto miner sales amid Chinese crackdown
28.9.2021
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties
Multiple CBDC Platform May Cut Int Payment Costs By Up To Half - BIS
28.9.2021
Hong Kong Monetary Authority, the Bank of Thailand, the Digital Currency Institute of the People's Bank of China, and the Central Bank of the United Arab Emirates.“The prototype is part of our efforts to design
Institutional investors bought the dip as China FUD broke
28.9.2021
While institutional Bitcoin products have experienced outflows for 13 of the past 17 weeks, the sector has now seen three straight weeks of inflows
‘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....
Law Decoded: China FUD and false dichotomies, Sept. 20–27
27.9.2021
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China
Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency
27.9.2021
Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers....
Second-largest Ethereum mining pool to suspend all operations
27.9.2021
Launched in China in 2018, SparkPool controls over 22% of Ether’s hashrate as of today, second only to Ethermine
Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens
27.9.2021
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%
XRP is for payments, Bitcoin for ‘speculation,’ says former US Treasurer
27.9.2021
After joining Ripple’s board of directors in May, Rosa Rios is bashing Bitcoin for being a supposed speculative tool
Huobi outlines plan for Chinese investors after halting crypto trading
27.9.2021
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021
China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week
27.9.2021
From bans to bills, the FUD is strong for Bitcoin and crypto this week, but traders are overwhelmingly optimistic about BTC price action
Derivatives DEX dYdX beats out Coinbase by volume amid China FUD
27.9.2021
Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China
Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’
27.9.2021
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown...
Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto
27.9.2021
The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market. Billionaire Investor Says...
China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether
26.9.2021
Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets....