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China
China Reportedly Deploys Offensive Cyber Attacking Tool Against Ethereum Mining Pool
China’s "Great Cannon," an offensive cyber attacking tool capable of taking down websites the Chinese Communist Party (CCP) deems hostile to the country's interests, is now allegedly targeting Ethereum mining pool Flexpool. "The Hash" group discusses the latest crackdown on mining operations, confirming crypto is firmly in China's regulatory crosshairs.
What's Behind This Week's Ebbs and Flows for BTC?
Bitcoin's price has fluctuated wildly this week, trading in the $46K-$53K range. What's behind the movements? "All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted the price of bitcoin and the wider crypto markets, including Evergrande's collapse and rising inflation. Plus, a review of CoinDesk's Top 10 Most Influential 2021 list, with the spotlight on the Taproot developers.
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin
The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.
Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.
Market Wrap: Bitcoin Dips as China’s Evergrande Defaults, Altcoin Outperformance Could Fade
Investors could start to rotate into bitcoin, indicating lower appetite for risk.
Most Influential 40: President Xi Jinping
When the Chinese Communist Party banned mining, it only proved the resilience of Bitcoin’s distributed network.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
Is Crypto Dead in China?
Bitcoin and the crypto markets continued their slow recovery from this weekend’s pullback. Huobi Brokerage Director Victor Wei discusses the state of crypto in China and the potential impact of the country’s lending situation on price movements. Plus, insights into Huobi’s business operations in China and globally.
Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
The Berkshire Hathaway vice chairman added that he wished crypto had never been invented.
