China
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.
Bitcoin Hashrate Approaches Full Recovery From China Crackdown
Miners set up their operations elsewhere.
Is Crypto Dead in China?
Bitcoin and the crypto markets continued their slow recovery from this weekend’s pullback. Huobi Brokerage Director Victor Wei discusses the state of crypto in China and the potential impact of the country’s lending situation on price movements. Plus, insights into Huobi’s business operations in China and globally.
Billionaire Investor Charlie Munger Thinks China Was Right to Ban Bitcoin; Crypto Twitter Responds
The Berkshire Hathaway vice chairman added that he wished crypto had never been invented.
Crypto Resilient to Omicron, Japan Speeds Up on CBDC
China's Qihoo 360 builds a crypto mining tracker. Crypto market proving resilient in the face of Omicron concerns. Japan to pick up the pace with CBDC. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitmain-Backed BitFuFu Abandons Mining Rigs In Kazakhstan Due to Power Rationing
The company has shipped new machines to the U.S. to make up for the lost hashrate.
RIOT Blockchain CEO on the State of Bitcoin Mining
The Bitcoin network’s hashrate is near complete recovery from the levels reached before China’s mining crackdown, rising over 80% in the past five months and close to reaching a new all-time high. RIOT Blockchain CEO Jason Les discusses the “reallocation of hashrate around the world” and the wider state of mining.
China’s Qihoo 360 Built Crypto Mining Monitoring Software to Support Crackdown
The cybersecurity company says 109,000 mining IPs were active daily on average in November.
Huobi Group Picks Singapore as Regional Headquarters
The crypto exchange has already moved significant parts of its operations to the city-state.
