China Says Bitcoin Is ‘Heading In the direction of Zero’


Source: asacoop.net asacoop.net

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The world’s least crypto-friendly nation China has once more bombarded cryptocurrency, this time concentrating on Bitcoin particularly. As cryptocurrencies reel below the worldwide downturn and witness a massacre, Chinese language state-run newspaper Financial Day by day has warned buyers that the worth of main cryptocurrency Bitcoin is “heading to zero,” reported IANS. The warning got here because the cryptocurrency market continued to face a meltdown with Bitcoin hovering across the $21,000 mark, which is a considerable drop from its document excessive of $68,000 nearly eight months in the past in November 2021. “Bitcoin is nothing greater than a string of...