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Bitcoin price looking to break key resistance level after a sharp recovery from its monthly lows
China fueling ongoing dip, as MicroStrategy fights to rebuild confidence Bitcoin has been on the receiving end of the unrelenting push by Chinese authorities to get rid of cryptocurrency-related activities. дальше »
2021-6-23 12:58 | |
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Why China’s Move Against Bitcoin Is Turning Out To Be The Best Thing Ever For The Crypto Market
Bitcoin’s price suffered another tumble this week following the latest developments in China on the cryptocurrency front. The Chinese government had warned of its intention to crack down on mining in the country and it’s since been reported that more than 90 percent of the PRC’s mining capacity has been shut down as lots of […] дальше »
2021-6-23 12:54 | |
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Chinese Bitcoin Mining Company Delivers Mining Machines to Kazakhstan
Major Chinese bitcoin mining company BIT Mining Limited said that it completed the delivery of the first batch of mining machines to Kazakhstan, with other batches following later. The move follows a series of crackdowns on bitcoin mining activities by the Chinese government. дальше »
2021-6-23 23:00 | |
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Bit Mining Moving 3,000 Bitcoin Mining Machines to Kazakhstan Following China Crackdown
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 of mining machines to Kazakhstan. дальше »
2021-6-22 16:30 | |
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Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?
Bitcoin and Ethereum prices took a big hit as major Chinese banks paused all crypto-related transactions. The post Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next? appeared first on CryptoSlate. дальше »
2021-6-22 10:00 | |
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Facebook’s David Marcus: China’s Bitcoin Mining Crackdown ‘Great Development’ for BTC
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. дальше »
2021-6-22 05:30 | |
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Mad Money’s Jim Cramer Dumps His Bitcoin Over China Mining Crackdown and Ransomware Concerns
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. дальше »
2021-6-22 03:00 | |
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As ‘Death Cross’ Comes For Bitcoin, Crypto Market Pundit Reveals What To Expect In The Coming Months
The pullback from Chinese regulators to Bitcoin miners in the country has greatly affected the market. Bitcoin and other altcoins have so far recorded as much as 50% in losses and the market is anticipating a further price dip in the months ahead. дальше »
2021-6-22 21:46 | |
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XRP price analysis: 21 June
XRP dropped by almost 17% from $0.7737 to $0.6516 on Monday. This fall can be associated with the bearishness that hit the Bitcoin market as the Chinese authorities tightened their noose around miningThe post XRP price analysis: 21 June appeared first on AMBCrypto. дальше »
2021-6-22 21:33 | |
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People’s Bank Of China Intensifies Bitcoin Ban With Financial Institution Meeting
The People’s Bank of China summoned financial institutions to reinforce that no Chinese citizen can make bitcoin transactions. дальше »
2021-6-22 18:27 | |
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Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17%
Bitcoin’s hashrate has plunged by 16.94% over the past 24 hours after the Chinese province of Sichuan directed energy companies to stop providing BTC miners with power. A report unveiled this news on June 19, noting that the province took this step after a meeting between China’s Science and Technology Bureau and the Sichuan Ya’an […] The post Sichuan stops supplying power to BTC mining farms; Hashrate falls by 17% appeared first on Invezz. дальше »
2021-6-21 17:06 | |
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Polkadot, VeChain and Tron Price Analysis: June 21
With the Chinese mining crackdown and anticipated regulatory scrutiny, Bitcoin experienced a drop of 7% in the last 24 hours. Other altcoins too have been trading in a bearish zone. DOT was down by 10The post Polkadot, VeChain and Tron Price Analysis: June 21 appeared first on AMBCrypto. дальше »
2021-6-21 16:30 | |
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Bitcoin Network Can Start Recovering with Hash Rate Dumped 50%, Chinese Miners Already Migrated Overseas
Many small and medium-sized operations in China are also not affected. The upside further means the path to recovery is faster, and miner capitulation usually represents the best buy signals in Bitcoin history. дальше »
2021-6-22 16:20 | |
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PBOC Instructs China’s Banks to Forbid All Cryptocurrency Related Activities Immediately
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 and other virtual currency transactions. дальше »
2021-6-22 15:30 | |
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Bitcoin Mining In China To Usher Historic Moment, Will BTC Be Affected?
Sino Global Capital has been posting reports on Bitcoin, China, and the changes that are taking place within the Asian Giant. Today, most of the BTC miners in the Chinese province of Sichuan will turn off their machines. дальше »
2021-6-20 22:27 | |
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China also bans miners in hydropower -dominated Sichuan province
Southwestern Chinese province, Sichuan, has embarked on the present crackdown on crypto miners in China. According to the Chinese crypto media outlet, PANews, the province has identified 26 suspected mining projects it wants to screen and possibly shut down by June 20. дальше »
2021-6-21 17:34 | |
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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points
The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021. дальше »
2021-6-19 00:00 | |
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Chinese Officials in Ya’an Carry Out Crypto Mining Bans
Ya’an, a prefecture-level city in the Sichuan province, has become the latest region to experience China’s growing ban on cryptocurrency mining. The post Chinese Officials in Ya’an Carry Out Crypto Mining Bans appeared first on BeInCrypto. дальше »
2021-6-18 22:40 | |
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Miami Mayor Wants To Entice Chinese Bitcoin Miners To Set Up Shop In Florida
Miami Mayor Francis Suarez said his city could offer cheap, nuclear energy to Chinese miners who face harsh regulation. дальше »
2021-6-19 19:44 | |
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Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators
While good for the decentralization of bitcoin mining, China shutting down bitcoin mining operations is “not healthy” for the cryptocurrency because it lowers the historic price floor for BTC. The post Chinese Bitcoin Mining Hub Sichuan Shutting Down Over Two Dozen Operators first appeared on BitcoinExchangeGuide. дальше »
2021-6-18 19:44 | |
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China’s State-Owned ICBC Bank To Offer Digital Yuan’s Cash Withdrawals In Beijing
Chinese citizens can now convert the Digital Yuan into Cash through the Industrial and Commercial Bank of China (ICBC), which has become the first bank in China to allow such transactions. The state-owned bank launched a feature on Friday 18, in partnership with the Agricultural Bank of China that will allow users to withdraw their […] дальше »
2021-6-19 18:06 | |
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Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region
Coinspeaker Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city. дальше »
2021-6-21 17:26 | |
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Chinese Authorities Order Shutdown Of 26 Bitcoin Mining Farms In Sichuan
Authorities in China have ordered the closure of crypto mining farms in Ya’an, a prefecture city in Sichuan that has emerged as a key crypto mining center. The order comes on the heels of Beijing’s wider clamp down on the bitcoin mining industry. дальше »
2021-6-18 16:55 | |
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Miami Mayor Reveals Plans to Attract Chinese Bitcoin Miners Looking for Crypto-Friendly Pastures
Bitcoin miners who have been evicted from China as a result of the new crackdown could soon be able to find a home in Miami, Florida. Francis Suarez, the city’s mayor, recently revealed that he is working to reduce electricity costs in order to draw in more crypto miners to the region. Attracting Bitcoin MinersRead More дальше »
2021-6-18 15:31 | |
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Popular Chinese Investor Dismisses Warren Buffet’s Stance on Bitcoin, Says his Knowledge Is “Too Old”
Yan Yan, a Chinese investor with ties to the SoftBank Asia Investment, thinks Bitcoin is better than gold, and Warren Buffett’s knowledge of the currency is “too old.” Bitcoin is Better than Gold As per sources, Yan said he has been accumulating Bitcoin since 2015, banking on a global network suitable for the “rich andRead More дальше »
2021-6-18 12:00 | |
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Huobi limits derivatives trading leverage to 5x for its current users
Huobi, the largest crypto exchange in China, has limited the amount of leverage it offers its users. This move is in response to mounting concerns over the current regulatory policy in China. Reportedly, the exchange also barred new Chinese users from using its platform. дальше »
2021-6-18 23:27 | |
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IOST-based Revival NFT Marketplace to Feature Chinese Artist Edison Zhang’s Collection
Edison Zhang, a famous street artist in China, is the first featured artist on Revival, an NFT marketplace on IOST. Revival to Feature Edison Zhang’s NFTs After joining the Medici Support Program in June–receiving marketing and technical support from the Emogi team–, Edison’s five NFT feature artworks will be available for auction on the RevivalRead More дальше »
2021-6-17 15:56 | |
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China Debuts Blockchain-Powered Salary Payments with Digital Yuan in Xiong’an
As part of efforts to conduct more test on its upcoming central bank digital currency (CBDC) and expand the scope of the digital yuan, China completed it first salary payment with the CBDC powered by blockchain technology, in the Chinese state-level new area, Xiong’an. дальше »
2021-6-15 23:00 | |
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Chinese workers will receive salaries in digital yuan
As part of the new cities program, some workers in Xiong’an will now receive salaries in digital currency from the PRC’s central bank. The authorities said in a statement that building smart cities involves experimenting with the digital yuan, driving innovation, use cases, and effectively promoting new regions and people. дальше »
2021-6-15 22:21 | |
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Reports of Mining Sector Cleanup Put China’s Yunnan Province in the Spotlight
Authorities in Yunnan are launching an investigation to identify and shut down miners that are illegally using electrical power to mint bitcoin, Chinese media reports. Inspections will also focus on potential safety hazards and will be carried out by various government departments. дальше »
2021-6-14 07:00 | |
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India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case
India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. дальше »
2021-6-12 12:30 | |
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