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Bitcoin News

Impact of China’s Crackdown on Bitcoin Miners In Charts, BTC Block Interval Hits 10 Year High

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

China’s recent crackdown on cryptocurrency miners over the last month has resulted in a massive exodus of mining operations to overseas locations. This has had a severe impact on the Bitcoin price which came crashing down under $30,000 levels last week. With the recent Chinese crackdown, the on-chain activity on the Bitcoin network has significantly

Bitcoin News
Bitcoin News

Is There A Silver Lining to China’s Ban on Crypto?

China banned bitcoin and crypto again this year with several weeks of state-driven crackdown on trading and mining operations in the country. However, this is not the first time when the world’s most populated state has done so, earlier in 2013 and 2017 also China imposed a similar ban on cryptocurrencies. The recent sell-off is

China banned bitcoin and crypto again this year with several weeks of state-driven crackdown on trading and mining operations in the country. However, this is not the first time when the world’s most populated state has done so, earlier in 2013 and 2017 also China imposed a similar ban on cryptocurrencies. The recent sell-off is