By Emir Abyazov Key highlights: Bitcoin’s hash rate dropped 4% in December, marking its steepest decline since April 2024. VanEck analysts say prolonged hash rate declines have historically preceded stronger Bitcoin returns. Rising energy costs and competition from AI data centers are pressuring miners worldwide. Bitcoin miners are beginning to capitulate, and some analysts believe […]
Tag: China
By Emir Abyazov The change in the U.S. government is dramatically reshaping cryptocurrency regulation. According to the Securities and Exchange Commission (SEC), nearly 60% of recent enforcement cases have targeted crypto companies. At the same time, a growing number of these cases have been rejected or stopped, marking a sharp departure from the aggressive posture […]
By Emir Abyazov Key highlights: China warns crypto speculation is rising again despite its nationwide ban. Stablecoins targeted as regulators claim they fuel fraud and illegal transfers. Beijing boosts surveillance while Hong Kong moves toward regulated issuers. The People’s Bank of China (PBOC) has reaffirmed its nationwide ban on cryptocurrencies after detecting a renewed wave […]