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Nalezeno "Bitcoin China": 63

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...

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...

Our Man in Shanghai: Scandal as $45M of stolen government funds lost using 100X leverage

9.4.2021
The Chief Marketing Officer a blockchain security company has been charged with embezzlement; Peter Thiel calls Bitcoin a 'weapon' of China (but no one cares), and CZ’s net worth rises to $1.9 billion

US must embrace Bitcoin to counter Chinese 'financial attack' — Pomp

8.4.2021
Bitcoin, like the internet, can be used in ways which could compromise U.S. prowess without suitable allowances from lawmakers

Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold

15.12.2020
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several...

No need to fear the Bitcoin FUD, says Sino Global Capital

30.11.2020
After a week of gloomy headlines and a brutal price dip, traders would do well to think long term

Central bank digital currency could 'threaten' Bitcoin says CZ

22.10.2020
Binance boss Changpeng Zhao aired his views on CBDCs adding that Bitcoin could be under threat if a more advanced currency was launched

Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center

28.8.2020
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID)...

Why Chinese Miners Won’t Stage a 51% Attack on Bitcoin

12.8.2020
Jameson Lopp explains why attacks on Bitcoin won’t work and that he expects China’s mining dominance won’t last

China Never Banned Bitcoin as Commodity, Beijing Arbitration Commission Explains

2.8.2020
The Beijing Arbitration Commission has published an article clarifying that bitcoin’s use as a commodity has never been banned in China. It explains that the Chinese authorities’ attitude toward controlling bitcoin revolves around three areas. China Recognizes Bitcoin as Commodity...