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
JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition
JPMorgan sees Wall Street’s shift toward private blockchains as a deeper threat to Bitcoin than Strategy selling its BTC. JPMorgan...
Standard Chartered Holds $500K BTC Call as Trump Cites China Risk
Bitcoin News: Standard Chartered’s Geoffrey Kendrick is standing by his Bitcoin price prediction of $500,000 before Trump leaves o...
Ethics Deadlock Threatens Senate Crypto Bill Despite July Vote Target
A merged Senate draft of the Digital Asset Market Clarity Act could be released as early as next week, with a floor vote targeted...
Ethereum Foundation AI Agent Research Shows Where Smart Contracts May Be Heading Next
Ethereum Foundation AI Agent Research Shows Where Smart Contracts May Be Heading Next is the kind of crypto story that looks simpl...
Crypto meets competitive gaming as Wolves Esports ties Bilibili Gaming in VCT China Stage 2
Esports-crypto partnerships may drive token volatility, linking team performance to market dynamics, altering traditional financia...
Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” wh...