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Another Chinese province Bans BTC, but market remains unfazed

China’s Hebei province has become the latest region to clamp down on Bitcoin mining operations, Reuters reported. However, it appears the crypto market has become immune to...
Another Chinese province Bans BTC, but market remains unfazed © Reuters. Another Chinese province Bans BTC, but market remains unfazed

China’s Hebei province has become the latest region to clamp down on Bitcoin mining operations, Reuters reported. However, it appears the crypto market has become immune to negative news from China.

The northern region issued a statement agreeing to act together with other government departments to crack down on crypto activities. According to the announcement, “cryptocurrency mining consumes an enormous amount of energy, which is against China’s ‘carbon neutral’ goal.”

Several local provinces, including Yunnan, have stopped miners from operating in their region. When other provinces restricted BTC mining and trading, the price of Bitcoin and other cryptocurrencies crashed. Bitcoin had just tapped its all-time high at nearly $65,000 in mid-April when China’s initial clampdown news spread. A month later, the digital asset dumped below $30,000.

However, the situation appears different this time around. The news that Hebei will also clamp down on mining and trading has been viral for hours now, yet the price of the cryptocurrency has remained unfazed.

Rather, Bitcoin recovered from yesterday’s mid-day volatility and traded at nearly $46,000. Bitcoin currently stands above $46,000. This might be an indication that the flagship cryptocurrency has matured and is no longer affected by China’s ongoing crackdown.

Continue reading on BTC Peers

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24-09-2021 16:38:31 (UTC+7)

EUR/USD

1.1736

-0.0001 (-0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

EUR/USD

1.1736

-0.0001 (-0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

GBP/USD

1.3714

-0.0002 (-0.01%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (1)

USD/JPY

110.42

+0.12 (+0.10%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

AUD/USD

0.7272

-0.0023 (-0.32%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

USD/CAD

1.2678

+0.0023 (+0.18%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

EUR/JPY

129.58

+0.13 (+0.10%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (3)

Sell (3)

EUR/CHF

1.0831

-0.0014 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Gold Futures

1,755.30

+5.50 (+0.31%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

Silver Futures

22.688

+0.009 (+0.04%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Copper Futures

4.2325

+0.0015 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (3)

Crude Oil WTI Futures

73.44

+0.14 (+0.19%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (5)

Brent Oil Futures

77.50

+0.25 (+0.32%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

Natural Gas Futures

5.092

+0.116 (+2.33%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (1)

US Coffee C Futures

193.08

+2.48 (+1.30%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (4)

Sell (2)

Euro Stoxx 50

4,167.10

-27.82 (-0.66%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (5)

S&P 500

4,448.98

+53.34 (+1.21%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

DAX

15,548.45

-95.52 (-0.61%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (6)

FTSE 100

7,064.75

-13.60 (-0.19%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (6)

Sell (2)

Hang Seng

24,192.16

-318.82 (-1.30%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

US Small Cap 2000

2,259.80

+41.24 (+1.86%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

IBEX 35

8,875.50

-1.40 (-0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

BASF SE NA O.N.

63.840

-0.080 (-0.13%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (3)

Bayer AG NA

46.41

-0.07 (-0.15%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

Allianz SE VNA O.N.

192.32

+0.80 (+0.42%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

Adidas AG

281.10

-7.88 (-2.73%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

Deutsche Lufthansa AG

6.191

-0.010 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

Siemens AG Class N

148.98

-1.24 (-0.83%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (4)

Sell (4)

Deutsche Bank AG

10.747

+0.092 (+0.86%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.1736↑ Sell
 GBP/USD1.3714↑ Buy
 USD/JPY110.42↑ Buy
 AUD/USD0.7272↑ Sell
 USD/CAD1.2678↑ Sell
 EUR/JPY129.58Sell
 EUR/CHF1.0831↑ Sell
 Gold1,755.30↑ Sell
 Silver22.688↑ Buy
 Copper4.2325Neutral
 Crude Oil WTI73.44Sell
 Brent Oil77.50↑ Sell
 Natural Gas5.092↑ Buy
 US Coffee C193.08Buy
 Euro Stoxx 504,167.10Neutral
 S&P 5004,448.98↑ Sell
 DAX15,548.45↑ Sell
 FTSE 1007,064.75↑ Buy
 Hang Seng24,192.16↑ Buy
 Small Cap 20002,259.80↑ Sell
 IBEX 358,875.50↑ Buy
 BASF63.840Neutral
 Bayer46.41↑ Sell
 Allianz192.32↑ Sell
 Adidas281.10↑ Sell
 Lufthansa6.191↑ Sell
 Siemens AG148.98Sell
 Deutsche Bank AG10.747↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,655/ 5,705
(-20/ -20) # 872
SJC HCM5,640/ 5,705
(-30/ -30) # 873
SJC Hanoi5,640/ 5,707
(-30/ -30) # 875
SJC Danang5,640/ 5,707
(-30/ -30) # 875
SJC Nhatrang5,640/ 5,707
(-30/ -30) # 875
SJC Cantho5,640/ 5,707
(-30/ -30) # 875
Cập nhật 24-09-2021 16:38:33
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ↀ Giá vàng thế giới
$1,755.03+9.220.53%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2149021910
RON 95-II,III2139021810
E5 RON 92-II2014020540
DO 0.05S1602016340
DO 0,001S-V1637016690
Dầu hỏa1508015380
ↂ Giá dầu thô thế giới
WTI$73.36-0.15-0.21%
Brent$76.75-0.23-0.30%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR26.044,7927.400,28
GBP30.430,7031.702,11
JPY200,85212,47
KRW16,7620,40
Cập nhật lúc 16:32:53 24/09/2021
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