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‘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
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....
Ethereum price gets back to $3K as institutional investors pile into ETH futures
26.9.2021
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
25.9.2021
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered...
It's now or never — The US has to prepare itself for digital currency
25.9.2021
If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
25.9.2021
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.”...
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
25.9.2021
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The test will be using Ripple’s own CBDC private ledger, to support similar use cases. The pilot...
All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
25.9.2021
Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600
Crypto has recovered from China's FUD nearly two dozen times in the last 12 years
25.9.2021
Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 22 separate occasions
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
24.9.2021
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...