China


Markets

Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin

The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.

Bitcoin dominance ratio (Damanick Dantes/CoinDesk, TradingView)

Finance

Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?

Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.

Monedas. (Adam Gault/Getty Images)

Markets

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.

Bitcoin dominance ratio (Damanick Dantes/CoinDesk, TradingView)

Layer 2

Most Influential 40: President Xi Jinping

When the Chinese Communist Party banned mining, it only proved the resilience of Bitcoin’s distributed network.

(Adam Levine/CoinDesk)

Tech

Bitcoin Hashrate Approaches Full Recovery From China Crackdown

Miners set up their operations elsewhere.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Videos

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.

CoinDesk placeholder image

Policy

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.

Charles Munger, vice chairman of Berkshire Hathaway

Videos

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."

Recent Videos

Policy

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.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Videos

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.

CoinDesk placeholder image