China turns the screws in crypto crackdownTen Chinese government agencies, including the central bank as well as banking, securities and foreign exchange regulators, said in a joint...
24 Sep, 2021, 04.56 PM IST
Exodus of cryptocurrency machines from ChinaChina mined two-thirds of the world's bitcoins in 2020; in other words, until last year, Chinese bitcoin mining accounted for around 65 per...
05 Sep, 2021, 10.42 AM IST
Has a long winter set in for Bitcoin? Top analyst says it’s just bear marketIt is important to note that while China has banned Bitcoin mining, it has not banned holding or transaction of Bitcoin. Its own central ba...
15 Jul, 2021, 10.31 PM IST
China deepens crypto crackdown with central bank warningCryptocurrency trading is banned in China, and authorities have recently closed mines and warned banks to halt related transactions.
06 Jul, 2021, 08.55 PM IST
China's Bitcoin crackdown sparks fears of dirtier cryptominingBitcoin's value tumbled last week after China's central bank urged banks and payment firms in the country to crack down harder on cryptocur...
29 Jun, 2021, 09.10 AM IST
China’s role in the 2021 cryptocurrency crashThe global cryptocurrency market has swayed to Elon Musk’s tweets this year, but China’s crypto crackdown threatens to halt the bitcoin bul...
25 Jun, 2021, 05.13 PM IST
China crypto mining ban triggers exodus, bitcoin rigs sell like scrapThe China crypto mining ban may see up to 90% of all mining in the country go offline, according to an estimate, paralysing an industry tha...
25 Jun, 2021, 12.30 PM IST
China's ban forces some Bitcoin miners to flee overseas, others sell out"Many miners are exiting the business to comply with government policies," said Mike Huang, operator of a cryptomining farm in the southwes...
25 Jun, 2021, 11.00 AM IST
Bitcoin drops below $30,000 for first time in 5 monthsBitcoin sank nine percent to as low as $29,624, attaining a level last seen in January, with analysts citing Chinese efforts to crack down ...
22 Jun, 2021, 06.27 PM IST
Bitcoin recoups some losses in Asia after plunging on Chinese crackdownThe world's largest crypto currency was last up 3 per cent at $32,600, having dropped more than 10 per cent on Monday.
22 Jun, 2021, 03.26 PM IST
Bitcoin tumbles 10% in wake of deepening China crackdownBitcoin fell as low as $32,094 to its lowest in 12 days, dragging smaller coins down. It was last down 8.3%, on course for its biggest dail...
21 Jun, 2021, 08.22 PM IST
Bitcoin tumbles 10% in wake of deepening China crackdownThe world's biggest cryptocurrency, long plagued by volatility, has lost over 20% in the last six days alone
21 Jun, 2021, 04.32 PM IST
China's cryptocurrency-mining crackdown spreads to SichuanCryptomining is big business in China, accounting for more than half of global bitcoin production.
19 Jun, 2021, 05.13 PM IST
China's cryptocurrency-mining crackdown spreads to Yunnan in southwestIn addition to concerns about the huge amounts of energy needed for the computing power to create cryptocurrencies, the central government ...
12 Jun, 2021, 04.50 PM IST
In widening Chinese bitcoin crackdown, Sichuan to probe cryptomining: OfficialChina's central government vowed last week to crack down on bitcoin mining and trading, while this week Inner Mongolia, also a major mining...
27 May, 2021, 10.14 PM IST
More Bark, Less Bite: China crypto players shrug off latest crackdownChina's latest salvo against cryptocurrencies has driven a brutal selloff in bitcoin markets but retail traders, miners and even crypto fin...
21 May, 2021, 06.22 PM IST
China crypto players shrug off Beijing's latest crackdownCryptocurrencies could still be bought from China on Thursday and investment schemes promising juicy returns for mining them remained opera...
20 May, 2021, 10.44 PM IST