China's stance regarding cryptocurrencies has been well documented and with each passing day, regulations around crypto mining and businesses are getting stricter. The changing regulatory landscape ha

The post China and Bitcoin: 'The final straw' would be something like... appeared first on AMBCrypto.

Bitcoin advocate and Ballet CEO Bobby Lee recently discussed the implications of China’s ongoing crackdown on cryptocurrency. Despite the government’s support for a digital renminbi, Lee suggested that Beijing has no interest in nurturing the cryptocurrency industry. Considering his collisions with the Chinese government during his stint in running China’s first crypto exchange BTCChina, Lee said, “China […]

One of China’s earliest crypto backers has suggested that the country’s crackdown on cryptocurrencies could escalate further and lead to a full-fledged ban.

Crypto veteran Bobby Lee says Bitcoin’s recent 50% collapse from all-time highs does not mirror market tops of the past. In a new interview with Luke Martin of Venture Coinist, Lee, who accurately called for a 50% drop in BTC once it approached the $70,000 level, is discussing when we can expect Bitcoin to catch […]

The post Here’s When Bitcoin Will Zoom Past $100,000, According to Crypto Veteran Who Accurately Called 50% Drop appeared first on The Daily Hodl.

Bitcoin price slipped below $30,000 for the first time in 2021 recording a new 5-month low of $29,469 earlier today. The market sell-off has led to the top cryptocurrency losing its key $30k support, which it has held for more than 6-weeks. The current market sell-off is being attributed to the continuous crypto crackdown by

The post Bitcoin Price Falls below $30k, Would Need to Hold This Support to Avoid Further Sell-Off appeared first on Coingape.

The world’s leading cryptocurrency gave up most of its earlier gains and was last up 0.5% at $31,300. It tumbled over 10% on Monday, its largest one-day drop in over a month. Bitcoin’s recent drop was sparked by the People’s Bank of China (PBOC), urging China’s largest banks and payment firms to crack down harder […]

Read full post Bitcoin falls as China continues to crack down on crypto mining. on Chaintimes.com.

China banned bitcoin and crypto again this year with several weeks of state-driven crackdown on trading and mining operations in the country. However, this is not the first time when the world’s most populated state has done so, earlier in 2013 and 2017 also China imposed a similar ban on cryptocurrencies. The recent sell-off is

The post Is There A Silver Lining to China’s Ban on Crypto? appeared first on Coingape.

Saturday’s programming will also feature Bobby Lee, the former CEO of China’s first cryptocurrency exchange.

Crypto entrepreneur Bobby Lee recently released a new book discussing Bitcoin, crypto, and predictions about the possible prospects of Bitcoin. The book dubbed ‘The Promise of Bitcoin’ outlines some of the greatest benefits of using crypto, including the rights of consumers and project owners.  History on Currency and Educational Information This book is created withRead More

Chinese Bitcoin miners are uncertain after China suspends crypto mining operations on Monday, HSBC says that the latest move by China is not new.

Ethereum Classic (ETC) is one of the oldest cryptocurrencies that still has maintained its place among the top altcoins as it has reached a market cap of over $10 billion and trades with a price of over $100. It was created as a result of a split in the developer and user community just like […]

Interviewed live on BTCManager’s Around the Block, hosted by Jefferson Nunn, Ballet CEO Bobby Lee provided a more profound analysis of the current Bitcoin state affairs. The episode gave insight on Bitcoin’s rally over the past year and predictions for its future price. The former BTCC CEO also touched on other cryptocurrencies, majorly Ethereum. BehindRead More