Bitcoin miners in China’s Xinjiang province are closing shop amid government scrutiny, taking as much as 100 EH/s of mining ...
Bitcoin’s BTC $89,629.86 30-day simple moving average (SMA) hashrate has recorded its steepest decline since the April 2024 halving, according to Matthew Sigel, head of digital assets research at ...
People’s Bank of China reiterates its ban on crypto, digital asset activities, leading to over 5% loss in Bitcoin as Beijing ...
The 2021 crackdown Before 2021, China controlled a large share of global Bitcoin (BTC) mining. Data from the Cambridge ...
Asianet Newsable on MSN
Bitcoin hashrate drops 8% – Nano Labs CEO estimates 400,000 miners now offline in China’s Xinjiang
In a post on X, Nano Labs CEO Jack Kong said roughly 400,000 Bitcoin mining machines went offline in Xinjiang, cutting 100 EH/s from the global network.
Now, as traders bet on a December Federal Reserve game-changer, a report has revealed bitcoin has made a sudden return in China, defying a 2021 ban that tanked the bitcoin price.
China doubles down on crypto ban, warns against stablecoins, as Hong Kong-listed firms with digital asset exposure see sharp losses.
Compass Mining noted in a recent update that China currently holds an estimated 14% share of the global Bitcoin mining market. This, according to Hashrate Index, which reportedly makes it the world’s ...
Bitcoin sank to a two-week low Monday on reports that China has intensified its crackdown on cryptocurrency mining. The world’s largest digital currency fell as low as $31,760 Monday morning, dropping ...
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Will Bitcoin Crash in 2026?
Individual investors shouldn't ask whether Bitcoin will crash in 2026. What they should ask is whether you are a long-term ...
24/7 Wall St. on MSN
Bitcoin vs. XRP: Which Is the Better Long-Term Bet Right Now?
Choosing between two top-tier dominant forces in any particular sector can be a difficult task. In the world of crypto, ...
Historical patterns show that bitcoin often bottoms when its correlation with the Nasdaq 100 breaks down, a dynamic now ...
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