Bitcoin Price Tumbles as Chinas Central Bank Tightens the Noose on Cryptocurrency Traders

The post Bitcoin Price Tumbles as China&8217s Central Bank Tightens the Noose on Cryptocurrency Traders appeared first on CCNnChina&8217s government dealt the cryptocurrency markets a severe blow on Tuesday, as multiple outlets reported that the central bank officials plan to block residents from accessing foreign cryptocurrency trading exchanges. The news took the wind out of the market&8217s sails, and led by the bitcoin price, every top 100-cryptocurrency lost value against the US

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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