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Local Regulators from China orders all crypto exchange to close within September 30 this year. Caixin Global posted a tweet in its official twitter page. Previously BTCC, Chinese biggest crypto exchange announce their closure within september 30.
Today Another crypto exchange named viabtc announce its closure within 30 september.
Yunbi also announce its closure within 20th september
Just a few minutes back, BTCC China announces their full closure. It seems that all exchanges got confirm message from regulators.
The market reacted sharply. All cryptos down by significantly. I think investors are over-reacting. It is obvious that China will do something like this. More country will follow the steps of China. Regulators does not like crypto. They are crypto haters.
Is it the end of fear of Chinese regulators? I think so. Market will be down by significantly. But After this period, Crypto market will come back strongly
I am expecting comments from you about this topic.
If you like my post you can follow me @steemero for more update. Upvote is highly appreciated.
Don't worry, China has banned bitcoin many times before and unbanned it to buy up at a much lower price. Just Hodl
I wouldn't be surprised if people within the Chinese government just bought up lots of bitcoin haha..
Is this happening now? Market is bounce back sharply
Lower price for all. buy time
Bitcoin isn't going anywhere ;)!
Within one hour, Market Turns positive
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Is this not just FUD to crash the market only to buy cheap and build confidence in this shiny digital currency once more?
I think so. may be It is buy time
True that
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It's crazy watching the price drop as BTCC are tweeting 🙈
crypto is volatile. No risk no gain
The chinese are money crazy , they are going to drive bitcoin to 10000 by year end !!
Everyone is money crazy including me :)
Im not , I believe that there are datk forces controlling everything , or i would be one rich mutherfucka now .
upvoted 😍
great blog
This is exciting. Bitcoin will go ____???