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Category: China
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Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
Bitcoin’s production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows.
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Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
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Miami mayor offers city’s clean nuclear power to Chinese Bitcoin miners
Mayor Francis Suarez wants to make Miami a Bitcoin mining hub by offering the city’s cheap, clean nuclear energy supply.
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City in Sichuan reportedly orders crypto miners to shut down for investigation
Crypto miners in Ya’an City have reportedly been ordered to temporarily shut down their operations.
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Pantera CEO: Crypto market ‘panic’ is subsiding, now’s the time to buy
The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap.
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Crypto exchange Huobi has reportedly stopped letting new users trade derivatives
Chinese journalist Colin Wu speculated that the move from the crypto exchange would likely drive users to Binance for higher leveraged trades.
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Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
The statement appeared as Bitcoin investors waited for fresh economic projections from the Federal Reserve and China pledged to release metal reserves amid concerns over commodity rally.
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China-based Rangers Protocol raises $63M via private equity round
Rocket Protocol has been rebranded to Rangers Protocol after completing a major investment round. Pantera, Huobi Ventures Blockchain Fund and Alameda Research are among the backers.
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China debuts blockchain-based digital yuan salary payments in Xiong’an
China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area.
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