Traders have yet to flip bearish on Ether price, but the recurrent drops below $3,000 increase the likelihood of a sentiment flip.
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Huobi outlines plan for Chinese investors after halting crypto trading
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021.
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Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to
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Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will
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Crypto has recovered from China’s FUD nearly two dozen times in the last 12 years
Since 2009, China and Hong Kong have “banned” or otherwise caused FUD in the crypto space on 22 separate occasions.
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Sound familiar? September 2017 China Bitcoin ‘ban’ sparked $20K all-time high in 3 months
The latest debacle over China’s anti-crypto stance has a firm historical echo to it — and old hands are more than aware.
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