2021-4-20 19:26 |
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Cryptocurrency prices staged a strong comeback on Thursday, helped by the recent Federal Reserve interest rate cuts and the flood of money from China. Bitcoin (BTC) surged to over $65,000 for the first time since July 1st.
2024-9-28 11:08 | |
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Bitcoin (BTC) could benefit from the People’s Bank of China’s (PBOC) decision to cut the reserve requirement ratio (RRR) by 50 basis points (bps). China Injects Economic Stimulus, Will Bitcoin Benefit? In an announcement on September 24, 2024, the Chinese central bank stated it had slashed the RRR by 50bps. The move bears semblance to […]
2024-9-26 02:00 | |
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Could a flood of new liquidity from China’s massive stimulus spill into the crypto market, or is the excitement surrounding Bitcoin just misplaced optimism? Bitcoin to the moon? Lately, there’s been a lot of chatter about China’s potential $1.4 trillion…
2024-9-18 16:56 | |
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Analyzing the claim that Bitcoin mining was banned in China in 2021. The second report from the "FUD Fighters" series powered by HIVE Digital Technologies Ltd.
2024-8-13 21:29 | |
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Chinese scholars claim Bitcoin is surprisingly not banned in China
2024-5-6 13:45 | |
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Strategic move by People's Bank of China could be catalyst needed for Bitcoin's ascent
2024-1-25 16:28 | |
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China has banned Bitcoin multiple times, but Bitcoin has always managed to bounce back. The first ban was in 2013, when the People’s Bank of China (PBOC) issued a notice prohibiting financial institutions from using or trading Bitcoin.
2023-9-26 18:40 | |
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Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin.
2023-8-19 19:00 | |
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ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.
2023-3-1 04:08 | |
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Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout.
2022-11-29 18:34 | |
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Several nations have already outlawed cryptocurrencies like bitcoin, with China being the most high-profile example. The People’s Republic of China infamously declared all virtual currency-related activities illegal last year.
2022-2-11 21:39 | |
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It may be under appreciated just how badly the autocratic government of China blundered with bitcoin.
2021-11-17 01:00 | |
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The U.S. has become a top destination for Bitcoin miners, outshining China for the first time, according to recent official data
2021-10-13 13:34 | |
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September was a long month for Bitcoin. The bearish events were piling in their numbers and Bitcoin bulls could hardly catch a break. From China’s real estate giant Evergrande’s debt triggering a massive sell-off to China’s regulatory crackdown on crypto transactions.
2021-10-9 23:41 | |
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It took Bitcoin's hashrate less than three months to rebound from China's ban
2021-10-3 14:34 | |
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The ecommerce giant said it would delist bitcoin mining equipment from its platforms after the renewed China ban of Bitcoin.
2021-9-29 19:43 | |
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Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600.
2021-9-25 02:30 | |
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The People's Bank of China declared all cryptocurrency-related transactions illegal. The crypto market reacted with a fall. However, it was insignificant as the price of bitcoin fell by only 5%.
2021-10-2 21:01 | |
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The People’s Bank of China reposted a memo from September 15th that addresses the country's Bitcoin ban to their website, causing widespread Bitcoin selling and a Friday morning price dip.
2021-9-24 16:29 | |
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Bitcoin continues its recovery from the China mining debacle, but price action remains delicate in a low-volume market.
2021-7-19 11:51 | |
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Following the bitcoin mining crackdown in China, the Nasdaq-listed firm Bit Digital published a second-quarter bitcoin production and mining operations update and noted the company is moving 14,500 bitcoin miners from China to the United States.
2021-7-16 00:30 | |
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Even as Bitcoin attempts to gain a footing in the now downsized market owing to massive dumping witnessed in May following China’s ban on crypto-related activities, the PBOC seems not to be backing down on its move against Bitcoin miners and traders but instead, seems to have intensified its crackdown. On July 6, the Beijing […]
2021-7-9 22:32 | |
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Bitcoin fell 20% in the last six days when investors became more anxious and skeptical of the future of bitcoin in the face of China’s continuing clampdown on cryptocurrency. Bitcoin fell as low as $29,000 on June 22 when the news came that China’s six major banks and Alipay are banned from accepting cryptocurrencies orRead More
2021-6-28 23:00 | |
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Most of the crypto community has been focused on the developments in China and more specifically, the crackdowns against bitcoin miners in Inner Mongolia, Xinjiang, Qinghai, Yunnan, and Sichuan. On Wednesday morning (EST), Bitcoin’s overall hashrate has continued to drop and is now below the 100 exahash per second (EH/s) region. During the last 24 […]
2021-6-24 19:30 | |
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Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate.
2021-6-22 07:00 | |
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The crypto industry is showing great signs of adoption throughout the world, with some countries being an obvious exception. China, for example, is becoming increasingly intolerant of Bitcoin (BTC/USD) miners, especially now, as its digital yuan is approaching its launch.
2021-6-19 12:18 | |
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This time, Bitcoin price is not responding to the reports of a crackdown from China which extends beyond the crypto sector, ahead of the 100th anniversary of the ruling Communist Party on July 1, trading around $36,500.
2021-6-9 19:41 | |
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Chinese internet services are censoring bitcoin exchange searches and mining operations in China have reportedly been asked to shut down.
2021-6-10 19:01 | |
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Bitcoin can’t catch a break. The attack continues. In China, the miners are running for their livelihood. The country pledged carbon neutrality by 2060, and they seem to think Bitcoin mining is in its way.
2021-5-24 14:00 | |
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China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […]
2021-5-22 20:25 | |
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China’s president has announced measures whose implementation may harm the Bitcoin mining industry in the country
2021-5-1 13:02 | |
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China has been a long time critic of Bitcoin despite its unwavering support for digital finance and payments. The post China’s answer to Bitcoin could wreck Macau’s multi-billion dollar casinos appeared first on CryptoSlate.
2020-12-4 14:30 | |
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China has been tightening its grip around crypto and crypto businesses. According to recent reports, authorities from Baoshan city in the Yunnan province have cracked down on Bitcoin miners. The authoThe post China's Yunnan province officials crackdown on Bitcoin miners appeared first on AMBCrypto.
2020-12-2 21:00 | |
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Another interview, another strike from Ripple CEO on Bitcoin. Brad Garlinghouse clarified that he is a bull on Bitcoin and that he owns it, but at the same time, he said, “We need to acknowledge that when Bitcoin is more than 50 percent of the mining in China that China can control those technologies.
2020-11-21 20:14 | |
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With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine.
2020-9-23 20:27 | |
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At around precisely 6AM Shanghai time, bitcoin jumped both on Sunday and on Monday, suggesting China might have something to do with bitcoin now stealing a bit ethereum’s show. Ethereum...
2020-7-28 17:28 | |
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A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share of the world hash rate at 65% and […] The post Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14% appeared first on Bitcoin News.
2020-7-18 03:05 | |
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Last year, one of the biggest narratives in the Bitcoin market was that tensions between China and the U. S. — which culminated in a massive trade war — was pushing cryptocurrencies higher. Whenever President Donald Trump tweeted about U.
2020-5-24 05:00 | |
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With crypto prices moving after almost every positive or negative bit of news related to China, gold and silver markets have been reacting to such events as well. With some exceptions, the overall trend in their value has been negative since September.
2019-11-26 17:15 | |
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Bitcoin follows the lead of Facebook, YouTube, Telegram, and other western tech juggernauts that are banned in China
2019-11-25 17:17 | |
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All bitcoin and crypto market bullishness is emanating from China at the moment. One industry insider has just revealed that, contrary to earlier reports, China will not be banning bitcoin mining.
2019-11-6 08:59 | |
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China’s centralized blockchains couldn’t be any farther from Bitcoin’s. Designed for maximum control, they will become tools for improved surveillance and social engineering. The post Op Ed: In China, It’s Blockchain and Tyranny vs Bitcoin and Freedom appeared first on Bitcoin Magazine.
2019-11-6 20:43 | |
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The sudden popularity regarding blockchain technology in China is exciting. However, these positive stories aren’t having the expected effect on Bitcoin’s price. For example, the China Merchants Bank has recently announced that it has made an investment in the crypto wallet BitPie, arguably one of the most popular wallets used by Chinese investors.
2019-10-31 04:27 | |
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Bitcoin will not see official acceptance in China, ratings agency Weiss Ratings has declared as hype continues over the country’s Blockchain stance. Weiss: Bitcoin ‘Antithesis’ Of Chinese Politics In a tweet on October 28, Weiss, which has become well known for its no-nonsense tone on social media, said China would “never” use Bitcoin .
2019-10-29 13:30 | |
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China has gone full-in on Blockchain technology and by extension Bitcoin. The latest news has been of a China Merchant Bank investing in BitPie, a Bitcoin non-custodial wallet with “longest history and most users in China.
2019-10-28 19:00 | |
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From banning Bitcoin and other cryptocurrencies outright, to China now repositioning itself as a blockchain-powered nation after the passage of a ‘Cryptography Law’ by its National People’s Congress, the country’s developments have revived optimism in the crypto-industry.
2019-10-28 14:30 | |
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Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging field.
2019-10-27 14:05 | |
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“Bitcoin to the moon,” might not be so far after all. In a week that was marred by Mark Zuckerberg sitting pale-faced before the House Financial Services Committee, Bitcoin, better late than never, swooped in and stole the spotlight.
2019-10-26 16:00 | |
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It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of China’s President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump.
2019-10-26 13:59 | |
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Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. Giovanni Capriglione, the legislation would allow the state to collect taxes, fees, and donations in Bitcoin, with the assets held for at least five years.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on CryptoSlate.
Ripple Labs donated $25 million to the Fairshake political action committee (PAC), according to the firm’s CEO Brad Garlinghouse. The donation, which adds to the $78 million Fairshake raised earlier this month, brings the total to $103 million.
Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday.
President-elect Donald Trump announced Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Secretary of Commerce on Nov. 19. The decision positions Lutnick, a vocal proponent of protectionist trade measures and cryptocurrencies, at the helm of US economic policy, focused on tariffs and trade reform.