China’s continued crackdown on Bitcoin mining and OTC transactions, along with prolonged technical weakness, triggered BTC’s drop to a 6-month low.

Tensions are running high as Bitcoin's hashrate plummets and Chinese authorities issue new warnings to banks. Here’s everything you need to know.

The benchmark cryptocurrency slipped briefly under the $29,500-level on June 22 as a Glassnode report indicated the possibility of miner capitulation in China.

The leading cryptocurrency has finally fallen through the psychological threshold of $30,000 amid a fierce regulatory crackdown in China.

NEW YORK, June 22, 2021 /PRNewswire/ -- Gold prices rebounded on Monday after last week's steep decline. The gold prices reacted to the...

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.

BOCA RATON, Fla., June 22, 2021 (GLOBE NEWSWIRE) -- Xeriant, Inc. (OTC PINK: XERI)(“the Company” or “Xeriant”), a new aerospace technology and advanced...

The People’s Bank of China has issued a statement ordering commercial banks to cut off all digital currency-related activities, including over-the-counter digital currency trading merchants. PBoC recently summoned the country’s leading banks and payment providers as part of the fresh crackdown amid the bank’s efforts to step up its CBDC pursuit. The latest is the […]

(Adds dollar signs in 2nd paragraph, dropped word to quote in 6th paragraph) By Alun John and Andrew Galbraith HONG KONG (Reuters)...

Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25.

The Central Bank of China (PBoC) has pressured the Commercial Bank of China, Agricultural Bank of China, Construction Bank, Postal Savings Bank, Industrial Bank and Alipay (China) Network Technology Co.,...

The Bitcoin market continues to show relative weakness in both price and on-chain activity this week. Prices have traded within the recent consolidation...