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Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos

Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in LaosA crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown and the […]

Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support

Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency

Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on CryptocurrencyMajor cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest […]

Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning

China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide WarningThe People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities.” China’s central bank warned companies on Tuesday against assisting cryptocurrency-related businesses as […]

Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support

China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal Proceeds

China Arrests 1,100 People Allegedly Using Cryptocurrency to Launder Criminal ProceedsChinese authorities have announced that more than 170 criminal gangs have been eliminated and over 1,100 suspects arrested in the latest round of crackdown on criminal groups providing cryptocurrency money laundering services for telecom fraudsters. Crackdown on Telecom Fraud Using Cryptocurrency for Money Laundering The Ministry of Public Security of the People’s Republic of China […]

Bitcoin Technical Analysis: Bears Tighten Grip as Price Flirts with $93,000 Support