In a further attempt to impose a crackdown on the cryptocurrency sector in mainland China, three popular cryptocurrency market data platforms – TradingView, CoinMarketCap, and CoinGecko – users are now…
Clampdown
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- Blockchain
China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto
by Mikiby MikiSparkpool, one of the world’s largest Ethereum mining pools, is shutting down its shop amid China’s move to ban crypto assets within its jurisdiction. On Monday, September 27, the China-based…
- Blockchain
Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
by Mikiby MikiSince last Friday, the People’s Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX…
- Blockchain
Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says
by Mikiby MikiCryptocurrency analysis data platform, Chainalysis has released its 2021 Global Cryptocurrency Adoption Index, with data pointing to the 880% growth in the worldwide adoption curve. The increasing embrace of P2P…
- Blockchain
Bitcoin Miners are Squeezed By Lack of Data Centers Amid China’s Clampdown
by Mikiby MikiThe ongoing price upset in the global cryptocurrency industry is caused partly by the clampdown on Bitcoin mining and all other cryptocurrency-related activities from China. The reduction in the engagement…
- Blockchain
Michael Saylor: China’s Clampdown on Crypto will be a “Trillion-Dollar-Mistake”
by Mikiby MikiThe Asian giant China has been on the tail of cryptocurrency miners as it seeks to enforce its ban on all digital currency-related activities. Michael Saylor, the Chief Executive Officer…
- Blockchain
Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms
by Mikiby MikiThe number of retail Ethereum holders is on the decline, as on-chain data suggests. Per Glassnode updates, the Ethereum number of addresses holding at least 32 and 100 coins have…
- Bitcoin
People’s Bank of China (PBoC) Instructs Financial Institutions to Clampdown on Crypto
by Mikiby MikiPeople’s Bank of China (PBoC) has instructed all financial institutions in the country to help effect the clampdown on cryptocurrency engagements. According to a Reuters report, the apex bank said…