Cryptocurrencies tumble amid China crackdown on bitcoin miners

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Cryptocurrencies tumbled on Monday as China's crackdown on bitcoin mining expanded to the province of Sichuan.

FILE PHOTO: Small toy figurines are seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture, April 9, 2019.

Dado Ruvic/Illustration/File Photo/File PhotoBitcoin fell to as low as US$32,288 for the first time since June 8, and was last down 7.9per cent at around US$32,781.Smaller rival ether dropped below US$2,000 for the first time since May 23, before trading 10per cent lower at 2019.01.Source: Reuters

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Short term pain for long term gain

Wondeful news isn't it

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China fossils show new species of extinct giant rhino that roamed AsiaFossils found in northwest China's Gansu province indicate a new species of giant rhino that lived more than 26 million years ago, according to a paper published in the journal Communications Biology on Thursday. The fossils including a skull and two vertebrae found in the reddish-brown sandstone of the Linxia basin shed light on how the ancient rhinos, some of the largest land mammals ever, evolved and moved across what is now Asia. The dispersal of giant rhino fossils - others have been found on the far side of the Himalayas in Pakistan - indicate 'Tibet, as a plateau, did not yet exist and was not yet a barrier to exchange of largest land mammals,' the paper said.
Source: YahooSG - 🏆 3. / 71 Read more »

Roxanne Tong Says She's Sure Kenneth Ma Won’t Cheat On Her When He’s Working In ChinaThat translated as plausibility...
Source: TODAYonline - 🏆 1. / 99 Read more »

Behind Airbus-Boeing truce lies a common rival: ChinaWhile the United States and Europe waged a 17-year trade battle over subsidies to Boeing and Airbus, China poured money into its own commercial ... Technologieklau
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Taiwan to 'adjust' Hong Kong office operations in 'one China' rowTaiwan will 'adjust' the operations of its representative office in Hong Kong after the government there demanded its officials sign a document ... The world's biggest bully. With Russia not too far behind. CCP will not follow the promise, not obey any agreements as they are lawless. No deal can be made w/ CCP. This is basic consent to treat CCP nowadays. Only way to rectify every wrong things they did is eliminate them & make them accountable for their crimes did in past 71 yrs HongKong gov't has no free will but to follow any practice from China. In order to show their loyalty to Beijing, HK gov't officer are willing to sell the interests of the people.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China gives one-billionth Covid shot as Brazil toll hits milestoneChina on Sunday announced it had administered its one-billionth shot in the world's biggest coronavirus inoculation drive as Brazil's death toll from the pandemic passed 500,000.
Source: YahooSG - 🏆 3. / 71 Read more »

Livestream sales of luxury items are popular in China, but not Singapore. Why?Online fashion retailers Style Theory, LuxLexicon, and Vestiaire Collective cite our compact geography as one reason why luxury goods aren’t marketed more via livestreams in Singapore.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »