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Over 20 crypto firms leave China because of ban
The effect of China’s crypto ban on the country’s digital asset economy is profound as new statistics have revealed that at least 20 crypto-related firms have been forced to either suspend their services to Chinese users or close off their businesses entirely. дальше »
2021-10-12 10:00 | |
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Why The China Crackdown May Be Just The Push The DeFi Market Needs
China’s crackdown on crypto has had negative effects on the crypto space as a whole and decentralized finance (DeFi) has not been left out. The news of China’s crypto ban saw prices go down across the board, given that China has always been a big part of the crypto space. Despite the negative effects the […] дальше »
2021-10-12 02:00 | |
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U.S. states Texas, Kentucky, Georgia, New York attract maximum Bitcoin miners
We already know that the U. S. was a beneficiary of the Bitcoin mining ban that was announced by China earlier this year. Latest data further revealed that New York, Kentucky, Georgia, and Texas were lThe post U. дальше »
2021-10-12 00:30 | |
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Bitcoin Mining Maker Bitmain Officially Halts Shipping to China, Hash Rate Up Over 130% from June-low
Bitmain, one of the largest bitcoin mining machine manufacturers, has confirmed that it will stop shipping antminer to mainland China. “From October 11, 2021, Antminer will stop shipping to mainland China (excluding Hong Kong and Taiwan),” said Bitmain in an official statement made on its WeChat account. дальше »
2021-10-12 22:22 | |
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Crypto Outflows from China to Foreign Exchanges Fell by 40% After Govt. Strengthened Its Policies
In the first half of 2021, the outflow of crypto assets from China to foreign countries reached $28. 3 billion, according to PeckShield, a blockchain security, and data analytics company. This outflow was 1. дальше »
2021-10-12 19:21 | |
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Bitcoin (BTC) hashrate shifts to the US as states vie for miners’ attention
Months after China kicked out crypto miners citing environmental concerns of the industry, a report from Foundry USA has shown that miners emigrating to the United States are seeking renewable energy sources for their operations. дальше »
2021-10-11 19:00 | |
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Gensler Makes Clear The U.S. SEC Has No Intention To Ban Crypto — But There’s A Catch
China’s latest round of crypto crackdown inadvertently caused some market observers to raise questions about what the response of the U. S. Government would be. Market observers were curious as to whether the U. дальше »
2021-10-12 18:26 | |
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No Hope For Crypto In China As Giant Cryptocurrency Players Exit Region
China’s largest crypto exchange Huobi reveals there’s no hope as it called quits long before the ban It appears that business had become unbearable to continue for China’s leading cryptocurrency exchange as it has been revealed that they had already made a decision to quit the country even before the latest leg of intensified crypto-industry […] дальше »
2021-10-12 18:05 | |
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How NFTs managed to thrive in China despite stringent crypto regulations
The pace of innovation, growth, and excitement around NFTs has grown exponentially over the past few years. With China’s McDonald's giving away over 188 NFTs on its 31st anniversary, NFTs have managThe post How NFTs managed to thrive in China despite stringent crypto regulations appeared first on AMBCrypto. дальше »
2021-10-11 18:00 | |
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Can China's crypto crackdown benefit the 'entire DeFi ecosystem'
In a recent interview with Bloomberg, Dawn Fitzpatrick, CEO and Chief Investment Officer at Soros Fund Management commented that Bitcoin was now "mainstream." She stated, "I'm not sure Bitcoin is onlThe post Can China's crypto crackdown benefit the 'entire DeFi ecosystem' appeared first on AMBCrypto. дальше »
2021-10-11 13:00 | |
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Bitmain will no longer ship Bitcoin mining equipment to China
Chinese Cryptocurrency mining equipment manufacturer, Bitmain will be taking its business outside China following the crypto ban in the country. The company announced this through a blog post on SundaThe post Bitmain will no longer ship Bitcoin mining equipment to China appeared first on AMBCrypto. дальше »
2021-10-10 16:00 | |
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New York & Texas Gaining Popularity Among Mining Firms Following China Crackdown
New York state and Texas account for more than 37% of the hash rate in the USA, according to Foundry USA. The post New York & Texas Gaining Popularity Among Mining Firms Following China Crackdown appeared first on BeInCrypto. дальше »
2021-10-10 14:15 | |
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China considers proclaiming crypto mining as a ‘negative industry’
China has been trying to eliminate cryptocurrencies from its country for years now, and in 2021, it finally came to cracking down on crypto miners. Throughout the year, one province after another started making mining impossible, forcing those engaging in this aspect of the crypto industry to close down shop and move — either to […] The post China considers proclaiming crypto mining as a ‘negative industry’ appeared first on Invezz. дальше »
2021-10-10 19:23 | |
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China Pushes Further Crypto Measures by Adding Mining to ‘Negative List’
Regulators in China continue to try and squash the remaining cryptocurrency miners that remain operational after sweeping bans. The post China Pushes Further Crypto Measures by Adding Mining to ‘Negative List’ appeared first on BeInCrypto. дальше »
2021-10-9 13:14 | |
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Addition of more Bitcoin, cryptos to your investment portfolios will...
The crypto-sector has been marred with price volatility lately, partly thanks to the crash caused by China's crypto-crackdown. However, a new study has found that despite the same, diversified investmThe post Addition of more Bitcoin, cryptos to your investment portfolios will... appeared first on AMBCrypto. дальше »
2021-10-9 02:30 | |
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Altcoin Roundup: DEXs come to the rescue after China bans crypto
China’s wide-spanning crypto ban puts a hefty dent in token values, but the surge in DEX volumes and BTC’s pop above $55,000 suggest the move was a blessing in disguise. дальше »
2021-10-9 00:35 | |
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Three Significant Milestones To Expect From Bitcoin This October
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. дальше »
2021-10-9 23:41 | |
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Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues
Amidst another major crypto clampdown in China, the 4-year old Chinese crypto exchange BitZ shutters its operations. The post Chinese Crypto Exchange BitZ Announces Closure as Crackdown Continues appeared first on BeInCrypto. дальше »
2021-10-9 21:09 | |
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McDonald’s China Celebrates 31st Anniversary With Big Mac NFT
The non-fungible token (NFT) from McDonald’s will be the first from the company. 188 examples will be gifted to employees and consumers. The post McDonald’s China Celebrates 31st Anniversary With Big Mac NFT appeared first on BeInCrypto. дальше »
2021-10-9 20:05 | |
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China’s National Development & Reform Commission Adds Crypto Mining to Outdated Industry
About two dozen cryptocurrency firms have fled the country after PBOC explicitly warned foreign platforms about providing services to its citizens, calling them illegal financial activities. The post China’s National Development & Reform Commission Adds Crypto Mining to Outdated Industry first appeared on BitcoinExchangeGuide. дальше »
2021-10-8 18:49 | |
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СМИ: более 20 криптовалютных компаний объявили об уходе из Китая
После запущенной 24 сентября 2021 года Пекином новой волны репрессий в отношении криптовалютной индустрии более 20 компаний заявили об уходе с китайского рынка, подсчитали в China Securities Journal. дальше »
2021-10-9 17:06 | |
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Public mining firm Riot Blockchain more than triples its yearly Bitcoin production
As China’s crackdown on crypto including crypto mining, US-based public listed mining firm Riot Blockchain has more than tripled its yearly mined Bitcoin. Riot revealed this during a press release on Wednesday (Oct. дальше »
2021-10-8 08:35 | |
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Bitcoin Is “The Loudest Monetary Fire Alarm” In Finance
Bitcoin price is above $50,000, during a time when the masses expected the top cryptocurrency by market cap to behave like a risk asset. Instead, it appears to be the one asset that has been able to survive the bearish sentiment shift due to the Evergrande situation in China. But that could be due to […] дальше »
2021-10-8 00:14 | |
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'If you want to build a Bitcoin or crypto-business, come to...'
With the crypto-sector trying to move past China declaring all crypto-transactions illegal, American miners and crypto-investors were nervously looking at their own governments for signs of a crackdowThe post 'If you want to build a Bitcoin or crypto-business, come to...' appeared first on AMBCrypto. дальше »
2021-10-8 21:30 | |
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Aave may be on a slippery slope, but here's why there's hope for recovery
Most DeFi tokens have been performing inconsistently of late. The China crackdown FUD did impact the broader DeFi market to some extent, but it failed to send these tokens into their 'summer' mode. дальше »
2021-10-7 17:00 | |
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Crypto exchange Binance sets up three Irish entities after global regulatory tussle
With the regulatory clampdown against crypto trading still in full effect in China, Binance, the biggest crypto exchange in the world by trading volume, has moved to cement its operations in another country, Ireland. дальше »
2021-10-8 16:00 | |
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Stellar joins Ripple in making a case for CBDCs on its blockchain
It's hard to talk about the CBDC race without mentioning China. However, as more countries explore state-backed digital currencies, central banks sometimes find themselves turning to none other than aThe post Stellar joins Ripple in making a case for CBDCs on its blockchain appeared first on AMBCrypto. дальше »
2021-10-7 02:30 | |
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How Fed Tapering, Energy Crises And China Blackouts Will Impact Bitcoin
Potential Federal Reserve tapering, blackouts in China and global energy crises are sending markets into turmoil. How does bitcoin fit in? дальше »
2021-10-7 17:53 | |
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SEC Chair Gary Gensler says the US government will not ban cryptos
Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), has said the regulator does not plan to ban digital assets. Gensler made this comment on October 5 during a House of Representatives hearing after Republican lawmaker Tedd Budd asked whether the SEC could follow in China’s footsteps and impose an outright ban on […] The post SEC Chair Gary Gensler says the US government will not ban cryptos appeared first on Invezz. дальше »
2021-10-7 15:57 | |
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China Can’t Regulate Virtual Worlds – The Pros of Decentralized Metaverses
China’s crackdown on cryptocurrencies has reached a new level of intensity in recent weeks. The People’s Bank of China (PBOC) has previously decided to prohibit financial institutions from dealing in virtual currencies, including Bitcoin and Ethereum. дальше »
2021-10-7 08:07 | |
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Bitcoin Miner Revenue Returns To Bitcoin Bull Run Levels
Miner revenue for bitcoin had taken a hit following the China crackdown. The industry has had a long recovery period as miners had to find new locations to set up their mining operations after their exit from China. дальше »
2021-10-7 02:00 | |
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Crypto Exchange KuCoin Confirms December Deadline for Removal of Chinese Traders
The Chinese government is making progress in its mission to eradicate cryptocurrencies from its economy. The move by the government has prompted companies to distance themselves from cryptocurrency-backed transactions in mainland China to avoid any rift with Beijing. дальше »
2021-10-5 18:52 | |
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Shilling for the Man: Why MSM Hates Crypto
Nearly every day as of late, scary headlines herald the demise of cryptocurrencies while federal governments and regulators all over the world crackdown on the enigmatic digital assets. ‘SEC Working Overtime to Take Control of Crypto Markets’, ‘People’s Bank of China Rules All Crypto-Related Trading Illegal’, ‘Russia’s Central Bank Wants to Slow Down Cryptocurrency Payments’, ‘Indian Authorities Consider Taxing Cryptocurrency Trades’, to name a few. дальше »
2021-10-5 14:01 | |
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Altcoin exchange Kucoin to cease China operations amid regulatory woes
It appears centralized exchanges are the most affected in China’s new ban on crypto trading as another exchange, KuCoin, has advised its China’s mainland users to move their digital assets to another platform before the end of the year. дальше »
2021-10-5 10:00 | |
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Edward Snowden Believes Bitcoin Has Emerged Stronger From China’s Crypto Ban
Infamous American whistleblower Edward Snowden has weighed in on the conversation surrounding China’s cryptocurrency ban, stating that the ban has actually strengthened bitcoin. Edward Snowden: Government Crackdowns Have Strengthened Bitcoin The former United States contractor who leaked National Security Agency (NSA) documents revealing that the agency was spying on private citizens who were not part […] дальше »
2021-10-5 20:04 | |
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Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC
Countries all over the globe are steadily reaching new milestones in development of their own Central Bank Digital Currencies (CBDCs). China was undoubtedly in the lead, with the release of its first The post Hong Kong issues whitepaper on 'architectures and design options' for retail CBDC appeared first on AMBCrypto. дальше »
2021-10-4 18:00 | |
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Miami Mayor On China’s Bitcoin Crackdown: “Their Loss Is Our Gain And America Can And Will Lead The Future”
Francis Suarez, the mayor of Miami has commented on the recent crackdown on cryptocurrency transactions in China. Many crypto players have spoken about the event in a similar light, and now Suarez is airing out the importance of the crackdown. дальше »
2021-10-4 14:02 | |
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