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.
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Intensified Crypto Ban Forces Huobi to Stop Accepting New Users From Mainland China
The Chinese government is not holding back on its mission to stop all crypto activity in the country, and has continued to widen its crackdown against bitcoin and cryptocurrencies. Huobi…
Ethereum price gets back to $3K as institutional investors pile into ETH futures
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.
China’s Long History of Bitcoin FUD: Timeline
Right from the very first year bitcoin came into existence, the Chinese government has gone after the primary cryptocurrency, hammering it with bans after bans while citing countless risks supposedly…
Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they…
It’s now or never — The US has to prepare itself for digital currency
If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations.
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our…
Bhutan Partners With Ripple to Pilot Digital Ngultrum on a Private Ledger
The Central Bank of Bhutan, the Royal Monetary Authority (RMA), has partnered with Ripple to start testing a model of its central bank digital currency (CBDC) using Ripple’s technology. The…
All bark and some bite. China’s Bitcoin ban puts traders in the ‘fear’ zone
Bitcoin derivatives markets flipped neutral-to-bearish after China’s ‘crypto ban’ announcement triggered a BTC price dip to $40,600.
Crypto has recovered from China’s FUD nearly two dozen times in the last 12 years
Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 22 separate occasions.
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