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Crackdown

Last posts about crackdown.


Bitcoin 16/07/21 19:00 by Best Owie
Bitcoin Might Already Be In A Bear Market, Investors Just Don’t Know It Yet
Bitcoin has so far enjoyed a good amount of success these past years, and so it is not surprising that investors want to continue to believe that the digital asset will continue its growth spurt. But ...
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Mining 14/07/21 21:52 by Brenda Ngari
Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining
To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for...
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Mining 30/06/21 18:54 by Ruholamin Haqshanas
What To Expect From Bitcoin Mining Difficulty Plunging 25% In Largest Downward Adjustment In History
Bitcoin mining difficulty, an attribute of Bitcoin that indicates how challenging it is to mine a new block, is poised to plunge by more than 25%. This historic drop comes as the out-turn of China...
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Bitcoin 28/06/21 18:31 by Brenda Ngari
Why China’s Oldest Crypto Exchange Has Shut Down Its Bitcoin Business
BTCChina, one of China’s oldest crypto exchanges, has reportedly exited the bitcoin business for good in response to the government’s recent crackdowns on the cryptocurrency industry.  ...
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Bitcoin 27/06/21 18:42 by Ruholamin Haqshanas
Bitcoin Loses Momentum Again — JPMorgan Expects BTC to Plunge to $23K Before its Next Rally
It has been more than two months since Bitcoin last met $60k price levels. During this period, the leading cryptocurrency has shown unprecedented weakness, mainly exacerbated by the cluster of China&...
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Mining 21/06/21 21:56 by Bernice Nyambura
Exiting Crypto Mining Business In China Is Good For Bitcoin Hashrate Redistribution
Bitcoin has dropped 6.55% in the last 24 hours to trade at $33,068 and bringing the weekly low to 17.66% in an event directly related to the massive crackdown of bitcoin mining farms and trading in C...
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Mining 18/06/21 15:55 by Brenda Ngari
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�...
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Altcoins 06/07/20 03:00 by Cole Petersen
Tether’s Booming Popularity in China Sparks a New Wave of Crypto Crackdowns
Tether (USDT) has seen massive inflows of capital throughout 2020, with much of this coming about not as a result of turbulence within the crypto market, but rather due to that seen in the traditional...
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Bitcoin 09/06/20 02:00 by Cole Petersen
Bitcoin Looks “Sharp” After Shrugging Off These 6 Bearish Events, Claims Analyst
Bitcoin has been on a wild ride over the past several years, incurring massive volatility and bearing witness to many pivotal events that will help shape its future. Many of these events have had bear...
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Crypto 29/11/19 11:43 by Lubomir Tassev
Crypto Employees in China Work From Home to Avoid Government Pressure
Not too long after embracing blockchain, Beijing has made it clear, one way or the other, that it didn’t mean Bitcoin. Increased scrutiny over the cryptocurrency sector and harsh measures agains...
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Bitcoin 28/11/19 09:38 by Martin Young
Bitcoin, Crypto Markets Bounce Back as China Crackdown FUD Wanes
The correlation between any further oppression of the bitcoin and crypto industry in China and market movements appears to be crumbling. Mainstream media is still firmly behind the premise that the la...
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Bitcoin 23/11/19 07:08 by Brenda Ngari
2 Reasons Why Bitcoin Could Be Headed To $7,000
As many analysts had predicted, losing the $8,000 support would open the door for more losses. At the time of writing, bitcoin is valued at $7,160.11 and the coin is shedding value so fast there’s ...
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