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China
China's Warning to Miners Sends a Chill Across the Crypto Markets
Beijing's warning to miners is being blamed for bitcoin's tumble back down to $32K. The Asian crypto markets are spooked. The crypto exchange and mining operation Huobi says it will suspend new accounts in China and scale back its mining operations. Angie Lau of Forkast News joins "First Mover" to update the state of crypto in Asia.
Huobi Scales Back Due to China Crackdown; Bitcoin Falls Below $32K, Ether Past $2K
The exchange made the move on the heels of a series of crackdown notices from Bejing in recent weeks.
Key Takeaways From This Past Week's Crypto Plunge
“All About Bitcoin's” Week in Review panel on what to make of this past week’s surging trading volumes and exchange disruptions in the midst of significant markets sell-offs. Plus, reactions to Elon Musk’s comments about the "need" for the Lightning network to scale Bitcoin and China’s crypto crackdown.
Market Wrap: China Breaks Crypto as Bitcoin Falls to $36K, ETH Drops $300 in Two Hours
Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.
Bitcoin Drops As China Calls for Crypto Crackdown
Bitcoin prices drop again as Chinese officials call for a crackdown on cryptocurrency mining and trading. “The Hash” panel discusses the latest developments and what they could portend for the country’s crypto regulatory environment.
Bitcoin Falls as China Calls for Crackdown on Crypto Mining, Trading
The latest news extended bitcoin's streak of wild price gyrations this week.
China's Crypto Warning and Impact on Crypto Prices
China's warning about crypto investing is being blamed by many as the reason for this week's bitcoin slide, but Darius Sit, the co-founder of Singapore-based QCP Capital, says the warning is nothing new. Sit joins "First Mover" to discuss the Asian crypto markets and the latest market moves. Plus, he explains his cautious outlook on crypto in the second half of the year.
Beijing's Crypto Crackdown Is Not New but Don't Dismiss It
China’s reiterated crypto ban sharpens the focus on the financial sector.