Many Chinese investors have not been phased by the government’s opposition to the cryptocurrency market. Guardian reporter Amy Hawkins interviewed three successful bitcoin traders that are making good money from bitcoin, in spite of the state’s efforts to shut them down. One bitcoin traders states that the government’s efforts to ban bitcoin have been largely unsuccessful. “I’m not sure it’s […]
The bitcoin market has expanded in every possible direction. Demand is surging in China, which may disrupt the local financial industry. Of course, the Central Bank is well aware of the existence of the cryptocurrency and wants to regulate it more carefully. Many investors are turning to bitcoin, because growing demand is likely to drive up prices in the future. […]