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China shuts down crypto mining in Anhui province
14.7.2021
The Anhui government is addressing growing electricity demand by shutting down local crypto mining operations
Huobi Suspends Crypto Derivatives In China, Bitcoin Mining In Iran + More News
28.6.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Exchanges news
Crypto exchange Huobi has suspended crypto derivatives trading for customers in China, according to the updated user agreement....
Bitcoin’s Hashrate Drops Below 100 Exahash, Observers Describe China’s ‘Great ASIC Exodus’
23.6.2021
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...
Chinese Bitcoin miners ‘not even in the mood to drink anymore’
23.6.2021
Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline
Bitcoin price clings to $32K as on-chain metrics hint at further downside
22.6.2021
China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low
A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
22.6.2021
The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China
China’s crackdown means Bitcoin is working, says crypto miner
22.6.2021
A former crypto exchange engineer believes that China's ban on Bitcoin mining is “fantastic news.”
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Chinese social media giant Weibo reportedly bans crypto-related accounts
7.6.2021
The government doesn’t want a Chinese version of Elon Musk, an expert said
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Chinese BTC miners equivalent to Quebec's output on the move: Slush Pool
28.5.2021
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown
20.4.2021
After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC)....
Crypto Long & Short: Peter Thiel Defines Bitcoin’s Accidental Role in Global Politics
11.4.2021
Thiel's comments about China “weaponizing” bitcoin to hurt the U.S. are a warning about the cost of inaction
Why a Chinese New Year Sell-Off May Not Happen This Year
5.2.2021
It's the year of the ox, and many traders and investors are holding their bitcoin in anticipation of a bullish market trend
Analyst: Chinese New Year could drive Bitcoin selling pressure
28.1.2021
Stack Funds’ analysis suggests that Bitcoin’s floor price has yet to be found as the Chinese New Year approaches
Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future
14.1.2021
DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high
The Rise of the Bitcoin Class
28.12.2020
How a VC working in China finally convinced her Dad to buy into Bitcoin. The winning argument: Protection against government seizure
Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold
15.12.2020
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several...
10 Predictions for 2021: China, Bitcoin, Taxes, Stablecoins and More
9.12.2020
2020 was an awful year for the world but a breakthrough one for crypto writ large. Here are 10 trends to watch for next year