China
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
Stacks Surges After NFT Push, Samsung Next Invests in Sky Mavis
Stacks surges following push into bitcoin non-fungible token (NFT) market. Samsung Next invests US$152 million in Sky Mavis despite Korean NFT gaming ban. China crypto mining clampdown continues to bite. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China busca autoridad judicial para condenar y sentenciar actividades Cripto , según informe
Es probable que en el futuro se emitan interpretaciones judiciales.
¿Quién compró $1.6 mil millones en Bitcoin el miércoles y por qué?
Es una extraña coincidencia que una transacción de este tamaño ocurriera en bolsas vinculadas a clientes chinos durante una semana plagada de problemas en el mercado de capitales de ese país.
La agencia china restablece su objetivo de eliminar gradualmente la industria de la minería de Cripto .
La medida se produce casi dos años después de que la agencia eliminara silenciosamente la minería de Cripto de la lista de industrias que debían eliminarse.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Bitcoin Futures Market Suggests Huobi a Loser in China Crackdown
Bitcoin’s move to $50,000 has revived bullish sentiment, lifting futures premiums on most major cryptocurrency exchanges, which are often seen as a gauge of speculative interest. Though on the Huobi exchange, historically skewed toward Chinese customers, the premium hasn’t budged, potentially due to its decision to suspend services to China-based clients.
The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban
Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.
KuCoin pide a sus usuarios en China que transfieran sus fondos a otras plataformas antes del 31 de diciembre.
El intercambio de Cripto dijo que quiere garantizar la seguridad de sus activos.
