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China
Bitcoin Hashrate Heading Up?
A new chart reveals bitcoin's hashrate could be heading up. Industry watchers expect a continued uptrend spurred by the recent bitcoin price rally, with Chinese miners speeding up their migration to alternate jurisdictions and U.S. miners expanding capacity. CoinDesk's Galen Moore breaks down the Chart of the Day.
Argo Blockchain Answers Crypto Mining's ESG Challenge
U.K.-based crypto miner Argo Blockchain is calling itself the first publicly-traded cryptocurrency miner to become "climate positive." CEO Peter Wall discusses how his firm has "gone beyond net zero" in carbon emissions and whether renewables-focused mining could push the bitcoin price up further. Plus, his take on the impact of China's crackdowns on mining operations and plans for Argo to go public in the U.S.
Bitcoin Miners Hold Onto Rigs, Betting the Bull Run Will Continue
Supply has dried up despite a glut of available bitcoin mining rigs since China’s crackdown in May.
Crypto Adoption Shifts to Emerging Markets as China, US Drop in Chainalysis Global Rankings
Most bitcoin is traded on exchanges with central order books, but some are traded peer-to-peer (P2P). A new Chainalysis chart reveals smaller, emerging markets outside the U.S. and China are growing faster in crypto trading activity by this measure relative to what can be seen in the world's two largest crypto markets. CoinDesk's Galen Moore breaks down the Chart of the Day.
Digital Yuan Used in China's Domestic Futures Market for First Time: Report
The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.
Markets Plunged on China’s Crypto Crackdown, Shrugged Off Dreaded US Tax Provision
In the days following bad bitcoin-related press from Beijing and Washington, capitals of the number one and two largest economies in the world, bitcoin did strikingly different things: it dropped 30% on the China news in May, while it ran up 6.7% on the U.S. tax provision in August. CoinDesk's Galen Moore breaks down the Chart of the Day.
Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto
Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.
Upbit Submits Compliance Report, China’s E-CNY Trials Broaden
South Korea’s Upbit first to submit a compliance report to the Financial Intelligence Unit. Crypto market on a roll as Bitcoin breaks US$50,000 mark, and China’s e-CNY trials continue to broaden. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto Trading Isn't Protected by Law, Shandong Province High Court Says
The ruling contradicts that of a court in Shanghai last week.
Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much
It could just be the U.S. is not the center of the crypto universe.