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China has outright illegalized all Bitcoin and cryptocurrency transactions. The CCP can't allow Bitcoin to thrive if it wants its digital yuan to succeed. Despite China's best efforts, the rest of ...
One year after the 2020 halving, bitcoin’s price was up 533% at one point. However, China's bitcoin mining ban put a damper on the market. Will history repeat itself?
Bitcoin sank to a two-week low Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell as low as $31,760 Monday morning ...
The operative word here being “reported.” So yeah, it turns out that China can in fact ban bitcoin mining again. Here’s to more China FUD (fear, uncertainty, doubt) in our future.
The price of bitcoin fell dramatically upon the news. Just over a week after bitcoin hit a fresh all-time high of nearly $5,000, the two bits of news from China have prompted a two-stage wave of ...
China’s crackdown on Bitcoin (BTC) mining and cryptocurrency trading recently became a primary driver for the red candlesticks on crypto market charts. But one Bitcoin mining engineer believes ...
Bitcoin's legal status in China“Notice” here is an understatement. This is the announcement that brought down Bitcoin’s exchange value from its high-water mark against fiat currencies. It ...
Bitcoin falls after China calls for crackdown on ‘mining’ and trading By Will Feuer Published May 21, 2021, 1:09 p.m. ET ...
It was only a matter of time before Bobby Lee, CEO of China’s longest-running Bitcoin exchange, found himself in the crosshairs of Chinese regulators. His exchange, BTCC, had occupied a gray ...
China's government keeps trying to blow up BItcoin. In some ways, they've succeeded as over the last six weeks the value of the world's leading crypto currency has lost around 30%.
China has extended its iron-fisted crackdown on using and trading bitcoin to the industry that oversees the mining of new cryptocurrency tokens. The new steps from Beijing were unveiled late on ...
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