China

Quantitative asset manager IDX Digital Assets has sold all of its bitcoin holdings. IDX Chief Investment Officer Ben McMillan discusses why, citing news from China, global regulatory actions, and BTC’s speculative nature.

Sep 28, 2021

Reacting to SkyBridge Capital founder Anthony Scaramucci saying institutional interest in crypto is weakening, Adam Blumberg, co-founder of financial advisor Interaxis, discusses why "institutional adoption is just not there." He adds most institutions are not ready for bitcoin, its volatility, its custody, or regulators. Plus, his views on the potential impact of China's crypto ban on the crypto markets, digital yuan, El Salvador's Bitcoin Law, and more.

Sep 27, 2021

By Nathaniel WhittemoreSep 27, 2021

The world’s second-largest Ethereum mining pool, SparkPool, which initially stopped providing services to new Chinese users, has now expanded its suspension to all users by Sept. 30 following China's tightened crackdown on cryptocurrencies. "The Hash" panel discusses the outlook for mining operations in China and the wider repercussions of the country's most comprehensive crypto ban to date.

Sep 27, 2021

Supposedly censorship-resistant decentralized finance (DeFi) rails are seeing increased activity in the wake of China’s crypto crackdown, with bitcoin also ​trending higher. GSR Co-founder & President Rich Rosenblum discusses the connection between the China crackdown and the surge in DeFi, outlook for bitcoin, buying opportunities he’s continuing to watch, and institutional adoption.

Sep 27, 2021

As China moves to crack down on crypto, particularly trading with centralized exchanges, DeFi is seeing a rise. David Pakman, a managing partner at crypto VC firm CoinFund and former partner at Venrock, discusses what long-term investment opportunities he’s seeing in DeFi and NFTs, also sharing his views on crypto regulation.

Sep 27, 2021

Industry takes China’s crypto ban seriously. Markets unfazed by China ban. Exchanges look for regulatory havens. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Sep 27, 2021

Reacting to China's latest cryptocurrency crackdown outlawing crypto-related transactions as the country's most comprehensive and severe ban yet, Ballet CEO and former BTCC co-founder Bobby Lee discusses why bitcoin will always be around and thrive. "As a planet, cryptocurrency will never get squashed," he said. Lee also shared his take on the future of OTC trading in China as prominent crypto exchange Huobi Global announced it would stop serving existing China-based users by December 31. Plus, bitcoin's price prediction by the end of the year.

Sep 27, 2021

Markets

Торгівля Криптовалюта заспокоїлася, але аналітики очікують подальшої волатильності.

By Damanick Dantes, Tracy WangSep 25, 2021

Bitcoin registered a series of lower price highs Friday, at one point shaving off $4,000 and meeting resistance at $41,000 following China’s renewed anti-crypto stance. The People’s Bank of China said bitcoin, ether and stablecoin tether do not qualify as legal tender and cannot be used in the currency market.

Sep 24, 2021