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China
New Crypto Mining Hot Spots Emerge, Korea Crypto Controversy Escalates
New crypto mining hot spots emerge following China clampdown. Korea crypto conflict intensifies between Upbit and The Pica Project. Sotheby’s to accept crypto for 101 carat diamond auction. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Price Drops Below $30K for First Time Since January
Bitcoin is edging back up from a low below $30K, a key psychological threshold not met since January. “The Hash” team explores the potential factors driving BTC’s price drop, particularly concerns around China’s crypto mining crackdowns and its central bank ordering banks to stop facilitating crypto transactions in the country.
Bitcoin Price Plummets as China Crypto Crackdown Continues
China's crypto crackdown continues as its central bank says banks must block crypto transactions. Cryptocurrencies plummeted Tuesday morning, with bitcoin dropping below $30K. Michael Wu, Amber Group co-founder and CEO, joins "First Mover" with his crypto markets analysis and outlook.
China Is Ramping Up Pressure on Crypto
Steve Ehrlich, CEO of Canadian cryptocurrency brokerage Voyager, discusses China’s pressure on crypto and impact on the activity on his platform. “We’re also seeing a lot more money coming into the platform again as people see this as another opportunity to buy again,” he added.
Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Go West, Bitcoin! Unpacking the Great Hashrate Migration
All signals indicate the greatest shakeup in the geographic makeup of bitcoin mining since the start of the industrial mining era.
Chinese Bitcoin Mining Company Delivers First Machines to Kazakhstan
BIT Mining expects to deliver another two batches of machines by the start of July.
Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban
CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.
Chinese Logistics Firm Airlifting Bitcoin Mining Machines to Maryland: Report
"Compared to the amount of miners that get shipped regularly, it's just a small batch," a mining source told CoinDesk.
