News Snapshot:
Please try another search By Yasin Ebrahim Investing.com -- Bitcoin slumped Monday, and activity on its blockchain hasn't looked this bleak in months as the renewed efforts by China to rein in crypto activity slows new user growth and shutters mining activity. Against the wave of doom, however, long-term holders aren't throwing in the towel just yet. Bitcoin fell 8% to $32,485, though had traded as low as $31,821.0 The latest on-chain data show that bitcoin demand from new users continues to slow to levels not seen in a year. "Bitcoin active addresses have fallen by 24% from the generally...
