Cryptocurrency Mining Farms In China Shut Down For ‘Strict’ Tax Inspections

Cryptocurrency mining operations in the Chinese provinces of Xinjiang and Guizhou were suspended so the government could conduct “very strict” tax inspections and real-name registration checks. Power to the mining farms was shut off on November 5, sources told local daily Cong

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Bitcoin (BTC) Price Analysis: 6 TIMES—The Number of Times Bitcoin Has Retested $6,000 in the last Three Months

From a top down approach, it’s clear that sellers are in charge as BTC is down a massive 11 percent thanks to Sep 5 selling spree. Regardless, there is optimism for cryptocurrencies and Bitcoin in particular stemming mainly from

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China Bans All Crypto Events After Spending $3 Billion to Fund Blockchain Startups

The Chinese government has banned all commercial crypto and blockchain-related events in the region, after encouraging local financial authorities to speed up the development of blockchain technology. Red Li, the co-founder of 8BTC and Chinese cryptocurrency researcher, shared a document

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