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Bitcoinist 2019-11-23 13:00:30

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC. China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto. The People’s Bank of China warned that ‘illegal actions’ involving digital assets would not be tolerated, and noted that investors should not mistake crypto with blockchain. Only hours after the move, a Bitcoin whaleRead MoreThe post Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto appeared first on Bitcoinist.com.

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