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China
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.
Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal
Liquidations, China and even Elon Musk may be factors in markets falling.
Blood Bath in Asia Crypto Markets; China Sends Another Crypto Warning
The crypto market nosedives as bitcoin dips below $40K for the first time since Feb. 8, the day when Tesla’s $1.5 billion bitcoin purchase was made public. The market plunge follows the newest warning to crypto trading in China, reminding banks and online platforms cannot provide crypto services. Inner Mongolia banned cryptocurrency mining earlier this year. Now, it’s setting up a reporting platform to catch miners that aren’t following the rules. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
About 80% of Central Banks Are Exploring CBDC Use Cases, Bison Trails Report Says
The potential launch of private cryptocurrencies such as the Facebook-backed Diem is motivating central banks to develop CBDCs, the report noted.
