Arthur Hayes: How China will impact Bitcoin again
What’s the antidote for the average person who will witness this growth in credit creation? Bitcoin.

What’s the antidote for the average person who will witness this growth in credit creation? Bitcoin.
The US government wallet address sends 4,000 BTC to Coinbase.
President Joe Biden has taken no steps to support the Bitcoin industry ahead of the 2024 election.
Chinese scholars acknowledge Bitcoin as property, signaling a potential shift in the country's stance on cryptocurrency. This recognition challenges previous perceptions and may lead to a relaxation of the Bitcoin ban. Market responds positively, with Bitcoin price rising by 1.90% to $64,897.90.
Chinese media reports that the first Bitcoin and Ethereum spot ETFs will be listed in Hong Kong at the end of April, but mainland investors are prohibited from trading them.
Hong Kong is on the verge of approving a bitcoin ETF, potentially attracting significant investment from mainland Chinese investors.
Chinese Bitcoin miners flock to Ethiopia for low electricity costs amid global shifts. Despite a ban on trading, Ethiopia welcomes mining, balancing economic potential with societal concerns.
Chinese residents invest in cryptocurrencies like Bitcoin, defying the government ban. Hong Kong's crypto market is key, raising speculation on a regulatory shift. Authorities balance control and growing demand in the evolving crypto landscape.
China Daily newspaper is venturing into the metaverse and NFT space with a ¥2.813 million budget for a third-party contractor.
潘功胜担任新一届中国央行行长,加密社群表达悲观情绪,认为中国解封比特币已基本无望。潘功胜对比特币禁令曾表达坚决态度,他在2017年曾如此说,总有一天,比特币尸体会从你面前漂过。