News Snapshot:
. On June 21, Bitcoin fell below $33,000 for the first time since June 8 following reports that more bitcoin mines were shuttered on Sunday in Sichuan. According to 'Global Times,' a Communist Party-backed newspaper, over 90% of China's bitcoin mining operations have been shut down. China's central bank has also summoned payments service Alipay and other major banks in an attempt to get them to crack down on crypto trading. Last month, China banned financial institutions from providing services related to cryptocurrency. All of these measures are due to growing concerns about the potential environmental harm of bitcoin, which...
