Month June 2021

China made a trillion-dollar mistake by kicking out miners

Michael Saylor, CEO and founder of MicroStrategy, criticized China for its current policy on Bitcoin (BTC) mining. In his opinion, this mistake will cost the Celestial Empire “a trillion dollars. In an interview with Bloomberg Technology, renowned crypto-enthusiast Michael Saylor…

Huobi banned Chinese from trading cryptocurrency derivatives

Cryptocurrency exchange Huobi closed access to cryptocurrency derivatives for Chinese clients. The new conditions are spelled out in the user agreement The new version of the user agreement states that the cryptocurrency exchange has added China to the list of…

Market falls, ETH hodlers capitulate – Santiment

At least four out of five onchain indicators hint at a capitulation among ether cryptocurrency (ETH) hodlers, according to Santiment Holders of the cryptocurrency ether (ETH) seem to have been unable to withstand the cryptocurrency’s short-term price drop below $2,500.…