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Mainstream Media Narrative Sensationalizes Chinese Crypto Crackdown

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An American academic has written an article criticizing dominant media narratives surrounding China’s regulatory actions pertaining to cryptocurrencies. The article’s author, Nicholas Krapels, asserts that “most casual observers of Chinese politics do not understand” that “by design, Chinese law maintains a grey area” and get caught up in the “clickbait-oriented sensationalist echo chamber” of contemporary … Read more

NEO Price Watch: People Stay Positive as Currency Loses Value

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At press time, the coin that has often been called the “Chinese Ethereum” is up to about $22. This is about two dollars more than when we last covered NEO, which suggests that the currency is experiencing bullish momentum along with bitcoin. As the 15th-largest coin in the crypto space, one source claims that the … Read more

Crypto Onslaught in China Continues as Guangzhou Bans Cryptocurrency Events

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In an ongoing onslaught on the once-booming Chinese cryptocurrency industry, China’s Guangzhou Development District government has prohibited all physical venues from hosting digital currency-related promotions or events. Guangzhou Development District, which is one of China’s special economic zones, reportedly issued a circular to all local business on August 24 outlawing them from hosting any crypto-related … Read more

Bitcoin Price Watch: Currency Stumbles After International Speculation

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At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. Lennon Sweeting – director of … Read more

Nchain Publishes Bitcoin SV Alpha Release

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Over the course of the last two weeks, many Bitcoin Cash (BCH) proponents were waiting for the firm Nchain to publish its Bitcoin SV codebase. Then on Wednesday, August 29, the company published its alpha release in order to show the code to miners and pool operators. Moreover, a mining pool called ‘SV Pool’ was … Read more

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