Bitcoin News

Bitcoin News

Policy

China’s Latest Crypto Ban Is Its Most Severe, Insiders Say

Individuals who live inside China but work for off-shore crypto exchanges can be subject to legal prosecution.

People's Bank of China (Emmanuel Wong/Getty Images)

Videos

Why China’s Crypto Crackdown Is ‘Not the End of Bitcoin At All’

The People’s Bank of China announced Friday virtual currency-related business activities are illegal, warning they seriously endanger the safety of its citizens’ assets. Bitcoin slipped below $42,000 after the news and is down about 3% over the past 24 hours.

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Videos

Twitter to Add Bitcoin Lightning Tips, NFT Authentication

“The Hash” team discusses CEO Jack Dorsey’s continued infatuation with crypto as part of a larger push to monetize content creators and bring blockchain awareness to the mainstream. Twitter users on Apple’s iOS can now connect third-party tipping services to their profile, including the ability to link both Bitcoin and Lightning Network addresses.

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Policy

Why El Salvador Is Botching Its Bitcoin Experiment

The message should have been BUIDL, not HODL.

(Rachel Sun/CoinDesk)

Finance

Twitter’s New Crypto Features Are a BFD

The social network’s new tip wallet and forthcoming NFT verification are game-changers - and a bulwark against attempts to co-opt a movement.

Close up of coworkers using mobile phones in bar, sharing payment, finance, millennial, paying

Markets

Bitcoin Trending Lower on China Crackdown, Support at $36K-$40K

BTC registered a series of lower price highs this month as buyers take profits.

Bitcoin daily price chart (CoinDesk, TradingView)

Videos

Bitcoin, Ether Down as China's Central Bank Declares All Cryptocurrency Transactions Illegal; Can China Really Ban Crypto?

Bitcoin is trending lower after China's central bank declared all cryptocurrency-related business illegal, but how concerned should we be about China's crypto crackdown? Rayne Steinberg, CEO of crypto investment firm Arca, says it's primarily retail investors selling, and major institutions are not buying into this. "This really shows a diminishing power of China over the market and also a maturation of crypto and bitcoin," Steinberg said. Plus, insights into Arca's new partnership with Securitize to launch tokenized financial products.

Recent Videos

Finance

Bitcoin Startup Moon Raises $2.1M to Enter New Markets

The startup enables crypto payments for e-commerce sites.

(David Dibert/Unsplash)

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