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Week in Review: El Salvador's Currency Law and International Ramifications, U.S. Lawmakers Put Bitcoin on Trial, China's BTC Mining Crackdowns and More

Taking a look at this past week's stories making waves in the cryptocurrency space: El Salvador adopting bitcoin as legal tender, the IMF's cautious warning, and various U.S. lawmakers questioning bitcoin's volatility. Plus, an update on China's bitcoin mining crackdowns.

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Finance

Китайская провинция борется с несанкционированным (не всем) майнингом Bitcoin

Бюро энергетики провинции Юньнань не решилось ввести полный запрет на майнинг Криптo .

Technicians exit a cooling chamber adjacent to a wall of bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia, China.

Markets

Исправлено: провинция Юньнань не отдавала приказа Криптo закрыться

Источник оригинального отчета, по всей видимости, оказался подделкой.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Videos

Cryptocurrency’s Environmental Concern

Argo Blockchain CEO Peter Wall addresses bitcoin's growing energy problem in light of recent developments around El Salvador exploring volcano-powered bitcoin mining and China's continued crackdowns on bitcoin mining operations. Plus, his comments on Argo's recent stock performance and outlook.

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Videos

Bitcoin Price Rises Above $37K. What's Next?

The price of bitcoin has risen above $37,000 amid bullish news from El Salvador adopting bitcoin as legal tender and bearish news from China cracking down on more mining operations. Lindsay Joo of BitBull Capital shares her analysis of the possible factors impacting BTC's price and where we go from here. Plus, altcoins of interest to Joo and the inflation impact on crypto markets.

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Videos

Bitcoin Hot in Singapore; China Widens Crypto Mining Bans

Bitcoin as legal tender a hot topic in Singapore. China bans crypto mining in Changji city and Qinghai province, and over 1,000 arrested in China on crypto-related money laundering charges. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Разработчик китайской сети услуг на основе блокчейна получил $30 млн в рамках финансирования серии A

Финансирование пойдет на укрепление команды BSN, а также на расширение глобального рынка для платформы компании.

Beijing

Videos

Americans Earned Over $4B in Bitcoin in 2020, More Than Triple the Investors in Other Countries

A new study that shows which countries have realized the most bitcoin gains reveals American investors earned over $4 billion in bitcoin in 2020, more than triple that in any other country. CoinDesk’s Director of Data and Indexes Galen Moore digs into the data.

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Bitcoin Hashrate Declining Amid China Crackdown

The bitcoin hashrate tumbles amid more crypto mining operations in China shutting down. The country’s Qinghai province is the latest to announce a new crypto ban, following Xinjiang and inner Mongolia. Darin Feinstein of Blockcap, one of North America’s largest miners, weighs in.

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Videos

Bitcoin Hashrate Plunging Amid China Crackdown

The bitcoin hashrate, which stands for the global computing power used to process transactions on the Bitcoin proof-of-work blockchain, is plunging to its lowest level since last November as several provinces in China are shutting down crypto miners. Christine Lee breaks down the data in today’s Chart of the Day.

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