News Snapshot:
Claire Hunte 12:07, 20 May 2021 Tags For traders News and features News Chinese province attempts to staunch crypto mining with new hotline Share Article Inner Mongolia, China’s largest provinces in the North, has introduced a hotline for people to report suspected crypto mining to tackle high levels of energy consumption. The measure follows on the heels of China’s latest crackdown on digital coins this week, causing cryptocurrencies to flounder for the fifth straight day, knocking 30% off Bitcoin’s value on Wednesday dropping it to $30,101 at its lowest. However, bitcoin has since recovered its losses in recent trading. China’s...
