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businessJun 22, 202119:14pending

China Bans Bitcoin for Real - A Crypto Market Update

About this episode

Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points of the last week. And what a week it was - China has stepped up its crackdown on all parts of the crypto ecosystem. As a result, miners are moving out of China, and the Bitcoin hashrate is dropping. The markets are down in response, but ultimately, is this good for the bitcoin network?

Supporting links:

Nexo

Andy on Twitter 

Brave New Coin on Twitter

Brave New Coin

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China Bans Bitcoin for Real - A Crypto Market Update

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