News about CHINA

News about China

Chinese Bitcoin Mining Pools, Accounting For More Than 50% Of Bitcoin Network’s Hash Rate, Are Still Mining Bitcoin After China’s Most Recent “Bitcoin Mining Ban!”

submitted by /u/MinedPool [link] [comments]

Law Decoded: China FUD and false dichotomies, Sept. 20–27

Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China. In the wake of yet anot...

US Senator puts pressure on SEC chair Gensler, says China's crypto crackdown is a 'big opportunity' for America

submitted by /u/Electrical_Potato_21 [link] [comments]

Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency

Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account...

After the 1000th China's crypto "ban" decentralised exchanges are booming. Looks like perhaps Chinese traders are showing a middle finger to new regulations?

After the 1000th China's crypto "ban" decentralised exchanges are booming. I can't tell for sure where all the trading volume is coming from but I think it's safe to assume that a lot of those users are from China. Perhaps...

Bitcoiners looking for fucks to give after hearing about China ban

submitted by /u/MagoCrypto [link] [comments]

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

In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%. Uniswap (UNI) prices stag...

China-based Ethereum mining pool Sparkpool shuts down all services

submitted by /u/Actual-Chef [link] [comments]

China's ban on crypto trading and mining will ultimately fail

submitted by /u/BakedPotato840 [link] [comments]

More than $130 billion pours into crypto market in 24 hours despite China ban

submitted by /u/Melodic_Cat4345 [link] [comments]

This is what China are afraid of

2.1 million Salvadorans are ACTIVELY USING @chivowallet (not downloads). Chivo is not a bank, but in less than 3 weeks, it now has more users than any bank in El Salvador and is moving fast to have more users that ALL BANKS IN EL SALVADOR combined. T...

China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week

From bans to bills, the FUD is strong for Bitcoin and crypto this week, but traders are overwhelmingly optimistic about BTC price action. Bitcoin (BTC) is at the start...

Crypto Market gains Massively after China FUD instead of Crashing: People seem to no Longer Care about the Monthly China Scare

submitted by /u/Dwez1337 [link] [comments]

Derivatives DEX dYdX beats out Coinbase by volume amid China FUD

Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China. Decentralized derivatives exchange dYdX has seen...

Derivatives DEX dYdX beats out Coinbase's spot markets by volume amid China FUD

Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China. Decentralized derivatives exchange dYdX has seen...

Bitcoin revenge on China banning

https://preview.redd.it/m5639ro8typ71.png?width=640&format=png&auto=webp&s=3f65e81293f6165bd1e8c2752ba393f612a9f5ce submitted by /u/serunomismo [link] [comments]

Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto

The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has ov...

According to this website, China currently holds 194,000+ Bitcoin.

submitted by /u/thadiusb [link] [comments]

China’s crypto ban has almost achieved a ‘meme-like status,’

https://www.marketwatch.com/story/chinas-crypto-ban-has-almost-achieved-a-meme-like-status-but-here-are-the-lingering-impacts-11632512981 submitted by /u/coflounder1337 [link] [comments]

So what? China once even banned the US dollar

You should know that China has foreign exchange controls, and even now each person can only buy 50k dollars per year if there is a "valid reason" for doing so. Bitcoin is already a foreign currency. Few. submitted by /u/_Bitco...

Why did China Flag of China only have to ban Facebook and Google once, but has to continue to "ban" #Bitcoin over and over again?

Why did China only have to ban Facebook and Google once, but has to continue to "ban" #Bitcoin over and over again? There might be a lesson there… I think its time to zoom out, Bitcoin is up over $40,000 since the first "China b...

China’s Ban on Cryptomining Could Help Lower Nvidia and AMD Prices and you finally could get that graphic card you want.

submitted by /u/isaac_horstmeier [link] [comments]

The crackdown on cryptocurrencies is not limited to China - All central banks want to control them – People’s Bank of China, US Federal Reserve, European Central Bank, Bank of England.

An economy is always political A governments exclusive right to issue a currency is in order to maintain economic, social, and political stability. They have no interest in parallel currencies floating around that may threaten this control. Especiall...

Binance responded to the Chinese media: We have not allowed Chinese people to use it since 2017, and we have no exchange business in China.

submitted by /u/Arclight09 [link] [comments]

(Bloomberg) -- It’s not that governments like China are banning cryptocurrencies because they necessarily expect the technology to fail. It’s that they want to be in charge of an experiment with potentially trillions of dollars in play.

submitted by /u/ethereum88 [link] [comments]

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