{"id":15138,"date":"2021-07-15T18:00:15","date_gmt":"2021-07-15T18:00:15","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=15138"},"modified":"2021-07-15T18:00:15","modified_gmt":"2021-07-15T18:00:15","slug":"chinas-bitcoin-crackdown-why-is-it-happening-and-whats-next-for-the-original-cryptocurrency-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=15138","title":{"rendered":"China\u2019s bitcoin crackdown: why is it happening and what\u2019s next for the original cryptocurrency?"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostBitcoin, the world\u2019s first and most popular blockchain-based cryptocurrency, has seen a wild year. After investment fervour pushed prices past US$63,000 in April, its value then plummeted by more than 40 per cent.Beijing, concerned by the volatility, announced another crackdown on the cryptocurrency. This time, it went after a practice previously assumed to be safe: bitcoin mining.Local governments across mainland China have responded by pushing out cryptocurrency miners, forcing some of these\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3141253\/chinas-bitcoin-crackdown-why-it-happening-and-whats-next-original?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostBitcoin, the world\u2019s first and most popular blockchain-based cryptocurrency, has seen a wild year. After investment fervour pushed prices past US$63,000 in April, its&hellip; <\/p>\n","protected":false},"author":0,"featured_media":15139,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/15138"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15138"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/15138\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/15139"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15138"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}