Auto Added by WPeMatico

China’s Crypto Crackdown is an Opportunity for the US, Says Senator Pat Toomey

Following today’s events, Senator Pat Toomey says that the ongoing cryptocurrency crackdown in China is a considerable opportunity for the United States. Earlier today, reports revealed further regulatory pressure on…

Continue ReadingChina’s Crypto Crackdown is an Opportunity for the US, Says Senator Pat Toomey

Global Risk and China FUD Result in a Bitcoin Rollercoaster: The Weekly Crypto Recap

There are no boring days in crypto, and this week, like a lot of others, has managed to definitively prove it. The past seven days have been an absolute rollercoaster…

Continue ReadingGlobal Risk and China FUD Result in a Bitcoin Rollercoaster: The Weekly Crypto Recap

China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’

The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal…

Continue ReadingChina’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’

Over $400 Million Liquidated in a Day as Bitcoin Tumbled Below $41K

The market suddenly turned red today following what seems to be another wave of regulatory efforts to crack down on cryptocurrencies in China. This left over $400 million liquidated in…

Continue ReadingOver $400 Million Liquidated in a Day as Bitcoin Tumbled Below $41K

Trading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K

The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a…

Continue ReadingTrading and Mining Crackdown in China Escalates: Bitcoin Plunges $3K