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PBoC Governor Blasts ‘Explosive’ Crypto Speculation

The governor of China’s central bank struck a critical tone on cryptocurrency speculation during a media appearance on Friday. Speaking at a press conference amid the Two Sessions, China’s annual political event, People’s Bank of China (PBoC) governor Zhou Xiaochuan took aim at cryptocurrency projects that have shifted away from their …

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Bitcoin Drops 20% But Wasn’t Week’s Big Crypto Price Loser

bitcoin

If February was bad for the crypto market, March hasn’t fared better. Bitcoin’s (BTC) repeated failure to beat inverse head-and-shoulders neckline resistance saw bears come in full force, pushing prices to aone-month low of $8,371 Friday. As of writing, the world’s largest cryptocurrency by market capitalization is trading at $8,970, …

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