News Snapshot:
Advertisement   BTCUSD Chart By TradingView The crackdown started in late May, and immediately led to a 30% drop in the price of Bitcoin, causing the entire cryptocurrency industry to lose billions. So far, many bitcoin miners, including those in Inner Mongolia and in Sichuan province have been forced to permanently close down their farms, with many relocating their businesses to more, mining-friendly locations abroad. On May 21, a state council headed by Vice Premier Liu He officially stated that for the first time in the history of cryptocurrencies, China would be suspending crypto mining and trading activities in...
