Bitcoin miners in China’s Xinjiang province are closing shop amid government scrutiny, taking as much as 100 EH/s of mining ...

China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the ...

People’s Bank of China reiterates its ban on crypto, digital asset activities, leading to over 5% loss in Bitcoin as Beijing ...

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 ...

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.

Global markets and policymakers faced a turbulent start to the week as Australia mourned a deadly antisemitic attack at Sydney’s Bondi Beach, and China reported fresh signs of economic slowdown.

China doubles down on crypto ban, warns against stablecoins, as Hong Kong-listed firms with digital asset exposure see sharp losses.

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 ...

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 ...