Showing posts with tag "china"

Bitcoin’s Hashrate Now at An All-time High

The Bitcoin hashrate has now risen to a new all-time high according to reports. On Thursday, the leading crypto’s hashrate

China to Roll Out Digital Yuan for Foreigners at the Beijing Winter Olympics

China is rolling out public access to its digital yuan central bank digital currency (CBDC) in time for the upcoming

Bitcoin Hash Rate Approaches All-Time High

The Bitcoin (BTC) hash rate is approaching its all-time high as mining resettles following the Chinese government’s recent crackdown. According to data from

Chinese Government Issued Warning to State-owned Entities to Shun Crypto Mining

China has issued a warning to its own state-owned firms to desist from crypto mining as it contemplates imposing harsher

dYdX Experiences Surge in Derivatives Trading Volume, Surpasses Spot Market Volume for Coinbase

Decentralized derivatives exchange, dYdX, reported an increase in trading volumes which surpassed Coinbase’s spot market volumes. dYdX’s rise in derivatives

Central Bank of India Set to Begin Pilot Program for Digital Currency

The Reserve Bank of India (RBI) announced on Thursday that it might begin preparations for its Central Bank Digital Currency

Bitcoin Miner Revenues Jump 57% Following Recovery From China Crackdown

According to on-chain analytics platform, Glassnode, miners on the Bitcoin network have seen their revenue grow by an impressive 57%

Bitcoin Hash Rate Recovers As Chinese Miners Come Back Online After Moving Abroad

China’s strict crackdown on cryptocurrency put several Chinese Bitcoin (BTC) miners out of business, and their departure from the industry

Iran Government Confiscates 7,000 Crypto Miners in its Largest Haul

According to a Reuters report, the Iranian government has seized 7,000 computer miners at an unauthorized cryptocurrency farm. The report

China Shuts Down Mining Operations in Qinghai and Xinjiang Amid Bitcoin Crackdown

More miners are being forced to shut down amid China’s Bitcoin crackdown. The major Bitcoin mining regions in China, Qinghai,

Chinese Cryptocurrency Mining Operators Suspend Businesses After Nation-Wide Crypto Ban

Several cryptocurrency mining operations in China are currently suspended after the nationwide crypto ban. According to an announcement by the

Fear and Greed Index Crashes to Its Lowest Level Since the Crash of March 2020

The Fear and Greed Index has now bottomed out, seeing its lowest level since the crypto crash in the heat