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China
La agencia china restablece su objetivo de eliminar gradualmente la industria de la minería de Cripto .
La medida se produce casi dos años después de que la agencia eliminara silenciosamente la minería de Cripto de la lista de industrias que debían eliminarse.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown
Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.
The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban
Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.
KuCoin pide a sus usuarios en China que transfieran sus fondos a otras plataformas antes del 31 de diciembre.
El intercambio de Cripto dijo que quiere garantizar la seguridad de sus activos.
E-CNY Chat Wallet to Launch, Korean Illegal Crypto Transactions Surge
China giants team up to offer e-CNY wallet in a chat application. Korea sees a surge in the amount of virtual assets used in illegal foreign transactions. DeFi protocol Compound’s technical woes continue. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Community Continues Reacting to China’s Sweeping Crypto Ban
With continuing fallout from China, CoinDesk’s Christie Harkin reviews the week’s events out of China that potentially impacted the price of bitcoin and the wider crypto market.
China’s Energy Crunch Cutting Manufacturing Capacity, Potentially Related to Crypto Ban
Chinese factories are struggling with an energy crisis brewing in the country. Some speculate this could provide a clue to China’s crackdowns on crypto mining operations this summer. “The Hash” team discusses the latest blow to the state of the world’s second-biggest economy and its possible role in the central government’s crypto ban.
How Low Could Bitcoin Go?
Since May, bitcoin is headed to its worst month as China’s crypto ban could be driving markets lower, but how low will it go? CoinDesk’s Galen Moore discusses the potential impact of global macroeconomic events on bitcoin, saying the effect of China’s regulatory action has been “somewhat muted.”