Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’
Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from hodling the cryptocurrency.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from hodling the cryptocurrency.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Jupiter Lend Halts Withdrawals Amid $6.3B Binance Hack Fears Despite Zero Exposure
Key Takeaways: Following the liquidity crisis due to market turmoil after Binance’s security breach of $6.3 billion, Jupiter Lend...
Binance completes zero-knowledge proof for October 31 reserves snapshot
Binance's zero-knowledge proof enhances transparency and trust, yet highlights ongoing challenges in securing and verifying crypto...
Tokenization firm tZERO plans public listing through $350M SPAC deal with FG Imperii
tZERO's SPAC merger could enhance transparency in tokenized securities, offering investors insights into this evolving financial i...
Bitcoin Price Holds 50-Week Trend Despite $6.3B Binance Hack
Bitcoin has closed above its 50-week moving average for a seventh consecutive week despite the $6.3 billion Binance hack and renew...
China’s Communist Party calls for a crackdown on corruption that uses crypto and blockchain
China's Communist Party has named virtual currency and blockchain in a new anti-corruption call.
Zero-token withdrawals let a hacker drain 97 million CORE from Bitcoin staking platform b14g
Bitcoin staking platform b14g suffered a $1.47 million exploit on Oct. 31, losing approximately 97 million CORE tokens. The attack...