China crypto ban – DIGIT INFO

Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities

DIGIT — Thu, 02 Feb 2023 08:30:06 +0000

An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial systems. Chinese Economist Warns of Missed Opportunities Due to Crypto Ban A former adviser […]

Go to Source

China state media signals tighter crypto regulations in Terra aftermath

DIGIT — Tue, 31 May 2022 06:00:21 +0000

China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin.

Go to Source

Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown

DIGIT — Mon, 28 Feb 2022 18:00:00 +0000

“I didn’t worry too much. I knew the developer team, the community supporting Neo wasn’t going to quit,” said Neo investor Lucas.

Go to Source

Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens

DIGIT — Mon, 27 Sep 2021 13:43:37 +0000

In the last 24 hours, the decentralized exchange sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.

Go to Source

Bitcoin mining metric that has predicted every big BTC rally since 2020 is flashing again

DIGIT — Wed, 18 Aug 2021 17:00:00 +0000

The fractal setup appeared at the beginning of the Bitcoin price rallies in January 2019, January 2020, March 2020 and December 2020.

Go to Source

Bitcoin price hints at ‘megaphone’ bottom pattern, and a breakout toward $40K

DIGIT — Sat, 24 Jul 2021 12:42:02 +0000

The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias.

Go to Source

Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech

DIGIT — Wed, 14 Jul 2021 13:16:46 +0000

The latest price declines came after the US inflation rose to a 30-year high in June.

Go to Source

Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns

DIGIT — Fri, 09 Jul 2021 12:46:34 +0000

The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity.

Go to Source

3 reasons why Solana bounced harder than Bitcoin and Ethereum

DIGIT — Wed, 23 Jun 2021 10:57:38 +0000

The 14th largest cryptocurrency by market cap jumped by more than 55% after bottoming out at $20.14 on Tuesday.

Go to Source