News Snapshot:
China's campaign to rein in crypto continued to ripple through the bitcoin network, sending the price of the largest cryptocurrency by market capitalization down 8% on Monday morning.While Beijing's crackdown on digital assets has been mounting for weeks, last Friday the Sichuan provincial government cut power to crypto-mining operations via the province's state-owned utility. The move, which came into full enforcement Sunday, prompted a broad crypto sell-off amid talk of relocating mining rigs to central Asia and North America.Five visuals help tell the story of China's crypto crackdown and the market's reaction.CoinDeskAfter piercing $40,000, bitcoin's price began to ease midway...