Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning
Sponsored
Sponsored
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new…
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Cryptocurrency analytics firm Alphractal has issued a cautionary statement regarding the current state of the Bitcoin market. The company noted a worrying trend in its 90- and 180-day Open Interest Delta, which measures the change in the total number of outstanding derivatives contracts. According to Alphractal, these metrics show signs…
While Bitcoin has been struggling with consecutive sharp declines since its ATH in March, investors are eagerly awaiting a rally that will take BTC to new ATH levels. At this point, Kraken analysts said in their latest report that Bitcoin needs to exceed $62,000 to avoid falling to $49,000 levels…
China was one of the countries that implemented the harshest policies shaping the crypto sector from 2013 to 2025, with regulations seen as directly targeting the global price movements identified with Bitcoin’s (BTC) four-year cycle. China Imposes Tough Regulation on Bitcoin Every Four Years Over the past 12 years, four…