China


Marchés

Bitcoin Hashrate Stabilizes After China Crackdown

The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.

Greenidge Mining center

Finance

China's Bitcoin Mining Crackdown Is a Boon for Miners Elsewhere

Miners outside of China are getting a financial boost from their competition’s forced exile. Will the trend continue?

Warehouses storing bitcoin mining machines stand at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China, on Friday, Aug. 11, 2017.

Marchés

China's CBDC Trials Reach Beijing Subway

Passengers with Industrial and Commercial Bank of China's mobile app can use the digital yuan to pay their fares.

Beijing subway train

Marchés

Bitcoin Set for Record Second-Quarter Price Drop

Bitcoin's second-quarter decline looks like a technical pullback, one observer said.

BTC performance

Juridique

Power, Privacy and China’s Digital Currency

Everyone knows money has value. But does it also have “values”? Third part in a special series by Forkast News.

MOSHED-2021-6-28-19-23-26

Vidéos

Why Bitcoin Mining Hashrate Dropping to 1-Year Low Following China Crackdowns Is Good News for Miners

China's continued crypto crackdowns have been a blow for mining operations based in the country, but for miners in other parts of the world, it might be good news. Bitcoin's hashrate, a measure of the computational power working to secure the blockchain network, dropped to its lowest since May 2020. Meanwhile, the BTC mining difficulty could see a 25% decrease in July. "The Hash" hosts unpack why this is a windfall for active miners outside of China.

Recent Videos

Vidéos

Blockchain in Asia: China’s Ripple Effect

Throughout Asia, the race is on to lead not just the region but the world in the blockchain and digital currency space. China may have been first out of the gate, but the rest of Asia is scrambling to keep up.

CoinDesk placeholder image

Vidéos

Crypto.com Becomes Formula 1 Inaugural Global Partner of Sprint Series

Kris Marszalek, CEO of Crypto.com, the fastest-growing crypto platform, discusses teaming up with Formula 1 as the inaugural global partner of the new Sprint series and why crypto exchanges are upping their budget for marketing and sponsorships. Plus, the impact of China's continued crackdowns on the mining industry.

Recent Videos

Marchés

Bitcoin's 'Puell Multiple' Flashes Misleading Bullish Signal as China Bans Mining

The metric is tied to miners and may be distorted by China's mining ban.

Puell Multiple

Juridique

The New Silk Road: A Special Report

How China’s deployment of the digital yuan intertwines economics, geopolitics and concrete and virtual infrastructure, from Cambodia to the Caribbean. Part II in a series.

kayla-kozlowski-ECQ-3QXThAA-unsplash