Search

Nalezeno "China": 3702

Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model

29.6.2021
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian...

Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%

28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...

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...

China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures

28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...

Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News

28.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Exchanges news Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....

Huobi bans crypto derivatives trading for users in China

28.6.2021
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown from the government

Operator of China’s first Bitcoin exchange reportedly exits crypto

28.6.2021
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com

Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week

27.6.2021
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin...

Shanghai Man: China retains mining control? Alipay's ancient NFTs and Amber’s big raise

25.6.2021
A look at miners shifting hardware overseas, Amber raises $100m, and Bitmain temporarily shuts down sales among dropping hashrate sales

Bitmain ceases Bitcoin miner sales to aid second-hand sellers following China ban

24.6.2021
The Bitcoin mining crackdown in China has significant ramifications for the cryptocurrency industry. Bitmain is stepping up its efforts to ease the burden on Chinese miners looking to offload their equipment in light of the ban

Waiting game: Why Friday’s $6B in Bitcoin and Ethereum expiries may not move the market

24.6.2021
Traders are looking for BTC and ETH to make a decisive move ahead of Friday's $6 billion in quarterly futures and options expiries, but what does back-tested data show?

Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices

24.6.2021
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries....

Yu-Gi-Oh! Card Suspiciously Jumps To $13.4 Million At Auction In China

24.6.2021
The Blue-Eyes White Dragon 20th Anniversary Gold Edition card was first announced in 2018, limited to only 500 cards, and priced at 200,000 yen ($1,800). At a recent auction in China, the price suddenly increased to over $13 million.Read more

Data shows derivatives had little to do with Bitcoin's drop to $29K

23.6.2021
Bitcoin price shocked investors as it plunged 20% to a 6-month low, but data shows derivatives played a marginal role in the correction

Here’s What China’s Bitcoin Mining Crackdown 2.0 Looks Like

23.6.2021
Chinese crypto miners are reluctantly calling it a day – with reports of miners nationwide shuttering their operations, going offline, and either selling their equipment for reduced prices or relocating overseas. The alacrity of Middle Kingdom’s Crypto Crackdown 2.0 has blindsided many, although...

Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’

23.6.2021
Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below...