China still dominates the Bitcoin market, says study


Source: elevenews.com elevenews.com

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China still dominates the Bitcoin market, says study Published 41 mins ago China is still the undisputed king of the Bitcoin market, according to a new report from Messari. The report, “Asia’s Crypto Landscape”, by analyst Mira Christanto, was released today and analyzes the funds, exchanges and trading habits of the largest cryptocurrency market in the world: Asia. And the country with the greatest influence in the region, China, is still strong – despite regulatory repression. The country controls 65% of the Bitcoin hashrate (a measure of how much computing power is used to mine new Bitcoins). For a country...