China
8 Trends That Will Shape Bitcoin Mining in 2022
CoinDesk’s first ever year-end survey of crypto miners reveals a competitive but mature business with potential for merger activity to accelerate.
Astro Boy NFTs Sell Out, Virtual Land Market Heats Up
China penalizes 48 people over Zhejiang province crypto mining activities. Nostalgia hits NFTs as the Astro Boy collection sells out. Virtual land market heats up. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
China Reportedly Deploys Offensive Cyber Attacking Tool Against Ethereum Mining Pool
China’s "Great Cannon," an offensive cyber attacking tool capable of taking down websites the Chinese Communist Party (CCP) deems hostile to the country's interests, is now allegedly targeting Ethereum mining pool Flexpool. "The Hash" group discusses the latest crackdown on mining operations, confirming crypto is firmly in China's regulatory crosshairs.
What's Behind This Week's Ebbs and Flows for BTC?
Bitcoin's price has fluctuated wildly this week, trading in the $46K-$53K range. What's behind the movements? "All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted the price of bitcoin and the wider crypto markets, including Evergrande's collapse and rising inflation. Plus, a review of CoinDesk's Top 10 Most Influential 2021 list, with the spotlight on the Taproot developers.
Could a ‘Santa Claus Rally’ Happen This Year?
Following a week of lower lows for bitcoin, could we expect to see a “Santa Claus Rally” this year? CoinDesk’s Brad Keoun weighs in on his crypto markets analysis and outlook. Plus, tech editor Christie Harkin discusses the latest on bitcoin’s hashrate as it rebounds to levels not seen since before China’s mining crackdown.
Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin
The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.
Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.
Market Wrap: Bitcoin Dips as China’s Evergrande Defaults, Altcoin Outperformance Could Fade
Investors could start to rotate into bitcoin, indicating lower appetite for risk.
Most Influential 40: President Xi Jinping
When the Chinese Communist Party banned mining, it only proved the resilience of Bitcoin’s distributed network.
