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Category: China Bitcoin
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China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
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A ‘seismic mining shift’ may be driving Bitcoin price below $30K: Report
The benchmark cryptocurrency slipped briefly under the $29,500-level this Tuesday as a Glassnode report indicated possibilities of miner capitulation in China.
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
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Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
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Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
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Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold
Chinese state-operated media outlets keep adding cryptocurrencies — specifically bitcoin — on their reporting agenda. Lately, they have been replicating bitcoin predictions that are surprising in some way to the crypto community due to the number of mentions on the matter since several months. China’s CCTV: Bitcoin’s Bull Market Could Outshine Gold This time, CCTV, […]
The post Chinese State Media Surprises With Forecast of Bitcoin Outshining Gold appeared first on Bitcoin News.
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Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center
China’s Center for Information and Industry Development has revised its rankings of 37 crypto projects. Bitcoin has fallen from the previous ranking. As the Chinese government focuses on launching its central bank digital currency, the Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, continues to evaluate and rank […]
The post Bitcoin Slips in Latest Crypto Ranking by Chinese Government-Backed Center appeared first on Bitcoin News.
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Chinese Court Rules Bitcoin Is Asset Protected by Law
A court in Shanghai, China, has reportedly ruled that bitcoin is an asset protected by Chinese law in a case that has dragged on for years. The case involves a theft of two different cryptocurrencies, one being bitcoin, from an American. The defendants argued that bitcoin was not recognized under Chinese law; the court disagreed, […]
The post Chinese Court Rules Bitcoin Is Asset Protected by Law appeared first on Bitcoin News.
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