Footprint Analytics · 17 hours ago · 7 min read
Crypto exchange Huobi shuts its crypto derivative trading business in China
Huobi, the leading crypto exchange platform, will discontinue trading its cryptocurrency futures and other derivatives products in China starting today
Bitcoin (BTC) hashrate rose by over 30% since July. Here’s what it means.
Bitcoin mining hashpower as gone from a low of 103 EH/s to touching as high as 189 EH/s within the last 3 months.
Chinese investors turn to DEXs to skirt crypto ban
The blanket crypto ban has had the knock-on effect of popularizing DEXs in China.
Report: America, not Asia, is leading in DeFi usage and DEX activity
North America has embraced decentralized finance the most amongst all regions of the world.
How the U.S. became the world’s biggest Bitcoin mining hub
Bitcoin mining activity more than doubled in the US, following China’s crackdown.
Over 20 crypto firms leave China because of ban
A report from China has revealed that over 20 firms have closed because of the crypto ban.
Altcoin exchange Kucoin to cease China operations amid regulatory woes
Kucoin has advised its Chinese users to move their digital assets to another crypto platform.
DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown
Decentralized finance (DeFi) is profiting from China’s new shakedown on the crypto industry.
US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America
Senator Toomey recently put pressure on the SEC Chairman Gensler, sending him a list of 25 burning questions, as he asked for detailed and concrete clarification surrounding current crypto regulation.
‘Binance has no business in China,’ notes Changpeng Zhao amidst crypto crackdown
Binance has declared that it has stopped dealing with China since 2017.
HK firm Meitu nurses Bitcoin (BTC) losses after buying the top in April
Meitu reported a $17,3 million impairment loss on its Bitcoin holdings in the first half of 2021.
China court doubles down on crypto FUD. Says sector ‘not protected by law’
The case marks the latest proceeding against cryptocurrencies from the historically crypto-adverse Chinese government.
Early crypto exchange boss says China remains 50/50 on outright Bitcoin ban
Bobby Lee shares his thoughts on China moving to ban Bitcoin altogether.
Publicly-listed company loses $17 million on Bitcoin. Makes $14 million on Ethereum instead
Meitu has recorded a double digits gain on its Ethereum holdings while suffering a similar loss on its Bitcoin investments.
Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways
Mike Novogratz says China's loss is the rest of the world's gain.
What does China’s crypto crackdown mean for the industry?
China is getting tough on crypto. Same as it ever was, right? But this time the pushback is real, with the CCP conducting a coordinated show of force against the world’s biggest digital currency.
Could Paraguay emerge as a Bitcoin mining hub after China crackdown?
Could Paraguay reinvent itself as a Bitcoin mining hub?
BTC dumps after Agricultural Bank of China issues, deletes, and reissues Bitcoin ban notice
The People's Bank of China issued a statement saying domestic banks and the payment platform Alipay were ordered not to provide services linked to crypto.