China
Where Will the Miners Go Following China’s Renewed Crypto Crackdown?
The calendar may provide a clue to China’s recent crypto crackdowns, with some saying it is at least plausible the Chinese authorities would send a strong warning to the crypto industry in the weeks leading up to July 1, the 100th anniversary of the Chinese Communist Party.
China Crypto Crackdown: Calendar Offers Clue on ‘Why Now?’
The Chinese Communist Party celebrates its 100th anniversary today on July 1. Some members of the crypto community, including Ballet CEO Bobby Lee, suggest this calendar date may provide an explanation for China's renewed crypto crackdowns. "The Hash" unpacks the story as crypto intersects with geopolitical contexts.
Is Now the Time to Buy Bitcoin?
QCP Capital Co-Founder and CIO Darius Sit discusses mixed signals for bitcoin and whether this is a smart time to invest now. “Bitcoin is “the king coin,” Sit said. While Ethereum can potentially trade higher than bitcoin, he said he believes that bitcoin will hold value better in the long run.
Represión de las Cripto en China: el calendario ofrece pistas sobre "¿por qué ahora?"
Las medidas represivas Cripto tienden a intensificarse en tiempos políticamente sensibles en China.
Russia and China Moving Their CBDC Projects Forward
Central bank digital currency (CBDC) initiatives around the world are ramping up. The Bank of Russia has reportedly named 12 banks to develop a prototype of the digital ruble by December. Meanwhile, the CBDC trials have reached Beijing’s subways as passengers can now use the digital yuan to pay their fares.
La tasa de hash de Bitcoin se estabiliza tras la represión de China
La mayor parte de la reducción se debió a la decisión de China de cerrar las operaciones de minería de Criptomonedas en el país, y una pequeña BIT de Irán.
La represión de la minería de Bitcoin en China beneficia a los mineros de otros lugares
Los mineros fuera de China están recibiendo un impulso financiero gracias al exilio forzado de sus competidores. ¿Continuará esta tendencia?
Las pruebas de CBDC de China llegan al metro de Pekín
Los pasajeros con la aplicación móvil del Banco Industrial y Comercial de China pueden usar el yuan digital para pagar sus tarifas.
Bitcoin se prepara para una caída récord del precio en el segundo trimestre
La caída de Bitcoin en el segundo trimestre LOOKS un retroceso técnico, dijo un observador.
Why Bitcoin Mining Hashrate Dropping to 1-Year Low Following China Crackdowns Is Good News for Miners
China's continued crypto crackdowns have been a blow for mining operations based in the country, but for miners in other parts of the world, it might be good news. Bitcoin's hashrate, a measure of the computational power working to secure the blockchain network, dropped to its lowest since May 2020. Meanwhile, the BTC mining difficulty could see a 25% decrease in July. "The Hash" hosts unpack why this is a windfall for active miners outside of China.
