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China
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.
Resumen del mercado: Bitcoin cae tras el impago de Evergrande de China, el rendimiento superior de las altcoins podría desvanecerse
Los inversores podrían empezar a rotar hacia Bitcoin, lo que indica un menor apetito por el riesgo.
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.
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."
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.
Impact of China’s Crypto Crackdown on Global Mining Industry
Peter Wall, CEO of Argo Blockchain, and Tanya Woods, General Counsel Regulatory Affairs EVP at Hut 8, discuss their views on how China’s crypto bans could have affected mining operations in the U.S. and worldwide. Plus, their thoughts on the common argument that the bitcoin mining industry is damaging to the environment.
Key Factors Impacting Bitcoin Market Movement This Week
“All About Bitcoin's” Week in Review panel discusses what to make of this past week's significant markets sell-offs, examining the potential impact of China's continued mining crackdown and India's efforts to ban crypto transactions. Plus, reactions to the iconic Staples Center being renamed as the Crypto.com Arena in one of the biggest naming deal in sports history.
Taproot Unlocks Bitcoin Opportunities, Mintable Aims Big
Bit Digital says the entire crypto mining fleet is now out of China. Taproot upgrade unlocks greater bitcoin network utility. Singapore's Mintable aims to become the world's largest NFT marketplace. We'll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korea a Metaverse Hub, NFTs Go From Digital to Physical
Chinese crypto mining hardware manufacturer Canaan reports Q3 earnings. South Korea emerges as a metaverse hub. NFTs start bridging the digital and physical worlds. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Canadian Miner Hut 8 Revenue Surged Over 700% in Q3
Canadian cryptocurrency miner Hut 8's third-quarter revenue was $40 million, rising about 767% from last year and beating the average analyst estimate of $34.8 million. Hut 8 Mining Chief Financial Officer Shane Downey shares insights into the firm's growth and plans. Plus, his take on the impact of Bitcoin's Taproot upgrade and China's crypto crackdown on Hut 8's business operations.