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Nalezeno "china": 3702

Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

22.6.2021
Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?

As China Cracks Down on Bitcoin Miners, Stealth Miners and Mystery Hashrate Return

22.6.2021
While on the surface it seems officials from five provinces in China have been cracking down on bitcoin miners, no one is quite sure how much hashrate is moving, which pools are affected, or where these miners will end up. A number of mining pools have seen hashpower percentages decline...

Bitcoin price clings to $32K as on-chain metrics hint at further downside

22.6.2021
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low

A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report

22.6.2021
The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China

Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown

22.6.2021
Shenzhen-based Bit Mining has started shipping bitcoin mining machines to Kazakhstan as the Chinese government cracks down on bitcoin mining operations in the country. Bit Mining Ltd., a mining company based in Shenzhen, announced Monday that “it had successfully delivered its first batch...

Denied electricity, world's 5th-largest mining pool leaves China for Kazakhstan

22.6.2021
Crypto mining pool BTC.com is leaving China after local authorities withdrew its power supply

China’s crackdown means Bitcoin is working, says crypto miner

22.6.2021
A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.”

Bitcoin Crackdown Leads To Cheaper Graphics Cards In China

22.6.2021
With graphics cards seeming harder to get than ever, China’s stricter measures against Bitcoin mining have led to lower prices online in the country. Read more

Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC

22.6.2021
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s...

CNBC host boldly reveals he sold his BTC amid depths of bear market

22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future

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...

Data shows Bitcoin bears dominate Friday's $2.5B BTC options expiry

21.6.2021
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25

Nvidia GPU prices in China fall amid crypto mining crackdown

21.6.2021
Graphics card prices in China reportedly dropped as much as two-thirds on Chinese e-commerce websites

PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately

21.6.2021
China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin...

90% of Bitcoin Mining Shutdown in Sichuan, China

21.6.2021
The Chinese government has been cracking down on Bitcoin for a long time now. The latest assault has been the participation of Sichuan province in the move to erase the cryptocurrency mining industry in China. The prohibition of Bitcoin mining in Sichuan was passed on June 20, 2021. Ya’an Energy...

Banks fall in line as China’s central bank cracks down on crypto accounts

21.6.2021
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities

China's Central Bank Cracks Down On Crypto Trading

21.6.2021
Source: iStock/杨培培 Today, the People’s Bank of China said that major banks and payment institutions promised they will not engage in crypto-related activities following a meeting with the market regulator. The central bank said it summoned several major financial players, such as Industrial...