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China
Is Bitcoin Due for a Lower Fall?
Bitcoin rebounded after it slipped below $30K Tuesday morning, but is it due for a lower fall? Secure Digital Markets’ Mostafa Al-Mashita weighs in, exploring the possible impact of China’s continued crypto crackdown. Plus, his outlook on institutional activity as MicroStrategy (MSTR) shares were hit hard amid bitcoin’s price drop.
Impact of China’s Crypto Crackdown
Ben Gagnon, Chief Mining Officer of Canadian bitcoin miner BitFarms, on what to make of China’s crackdown on mining operations. Plus, his outlook for the mining community in China and across the globe.
New Crypto Mining Hot Spots Emerge, Korea Crypto Controversy Escalates
New crypto mining hot spots emerge following China clampdown. Korea crypto conflict intensifies between Upbit and The Pica Project. Sotheby’s to accept crypto for 101 carat diamond auction. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Bitcoin Price Drops Below $30K for First Time Since January
Bitcoin is edging back up from a low below $30K, a key psychological threshold not met since January. “The Hash” team explores the potential factors driving BTC’s price drop, particularly concerns around China’s crypto mining crackdowns and its central bank ordering banks to stop facilitating crypto transactions in the country.
Bitcoin Price Plummets as China Crypto Crackdown Continues
China's crypto crackdown continues as its central bank says banks must block crypto transactions. Cryptocurrencies plummeted Tuesday morning, with bitcoin dropping below $30K. Michael Wu, Amber Group co-founder and CEO, joins "First Mover" with his crypto markets analysis and outlook.
China Is Ramping Up Pressure on Crypto
Steve Ehrlich, CEO of Canadian cryptocurrency brokerage Voyager, discusses China’s pressure on crypto and impact on the activity on his platform. “We’re also seeing a lot more money coming into the platform again as people see this as another opportunity to buy again,” he added.
Cash for CBDCs at Beijing ATMs; Asia Sees New Unicorn in Amber Group
More than 3000 ATMs from ICBC, AgBank in China to offer CBDC-to-cash swap. ‘Crypto king’ nabbed in India as government re-evaluates regulatory bill. HK-based Amber Group becomes Asia’s latest unicorn after raising funds. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bitcoin Remains Relatively Resilient Post-Fed as Fiat Currencies Drop Against Dollar
CoinDesk Managing Editor of Technology Christie Harkin and Managing Editor of Markets Brad Keoun discuss this past week's top stories moving the crypto markets, including the Fed's announcement of raising interest rates, hedge funds pledging more capital to crypto, the impact of El Salvador's currency law, rising ESG concerns, China's crackdowns on bitcoin mining operations, and Taproot activation.