Departure of miners from China and 6000% of the profit per transaction. Main events of the week - FX24 forex crypto and binary news

Departure of miners from China and 6000% of the profit per transaction. Main events of the week

  • Must Read
  • March Election
Goldman Sachs recognized bitcoin as an asset class, PayPal will open the withdrawal of cryptocurrency to third-party wallets, the DeFi project BurgerSwap lost $ 7.2 million as a result of a hacker attack and other news of the past working week
Monday

Miners began to leave China due to the tough position of local authorities

Two cryptocurrency mining companies BTC.TOP and HashCow have already stopped working in the country. Crypto Exchange Huobi Announces Suspension of Serving Customers from Mainland China

Ethereum has risen in price by 30% over the past day

In 24 hours, the altcoin rate rose from a three-month low of $ 1.7 thousand to $ 2.26 thousand.

Goldman Sachs recognizes bitcoin as an asset class

Matthew McDermott, head of digital assets at an American bank, noted the growing demand for cryptocurrencies among institutional investors

Departure of miners from China and 6000% of the profit per transaction. Main events of the week

Tuesday

Bitcoin has risen in price after meeting Elon Musk with miners

The cost of the first cryptocurrency again approached the $ 40 thousand mark.This happened against the background of the message of the head of Tesla and SpaceX about a meeting with representatives of the mining of digital assets on the use of renewable energy sources

Crypto trader earned 6000% profit in one trade

The user of the crypto exchange Poloniex sold his Kishu Inu coins 60 times more expensive than the market price, instantly earning more than $ 15 thousand.

Bybit crypto exchange will stop serving users from China

Chinese IP address holders will lose access to site tools from June 15
Wednesday

Bitcoin exchange rate exceeded $ 40 thousand again.

Over the past three days, the value of the first cryptocurrency has grown by almost 30%. Asset price rises amid positive news

Bloomberg Strategist Confirms Bitcoin Forecast Of $ 100K

According to Mike McGlone, the main cryptocurrency still has potential for growth. However, the digital coin consumes too much electricity, which was the main reason for the current price decline, a Bloomberg spokesman is sure.

Iran temporarily banned mining due to power shortage

Due to the drought, several Iranian cities were already without electricity. The ban on the mining of digital coins will last until the end of September
Thursday

PayPal will open the withdrawal of cryptocurrency to third-party wallets

The company did not specify when the withdrawal function will appear. But they noted that they are preparing such a service.

SEC chief urged US Congress to develop rules for crypto exchanges

According to Gary Gensler, this must be done to close the gaps in the regulation of cryptocurrencies in the country.

Large investors bought bitcoin for $ 3 billion during the price collapse

According to the analytical company Chainalysis, at the time the quotes of the first cryptocurrency fell to $ 30 thousand, 77 thousand bitcoins were purchased.
Friday

DeFi project BurgerSwap lost $ 7.2 million in a hacker attack

The project team is working to fix the problem and promised to reimburse all affected users

Bitcoin has fallen in price by 9% over the past day

The cost of the first cryptocurrency dropped sharply below $ 35.5 thousand after several attempts to overcome the $ 40 thousand mark were unsuccessful

JPMorgan CEO Advises Stay Away From Cryptocurrencies

Jamie Dimon noted that his personal opinion will in no way affect the bank's work with digital currencies

Report

My comments

FX24

Author’s Posts

  • Navigating the Future: Payment Processing for Prop Firms

    How payment processing is reshaping prop firms: compliance, speed, global reach, and risks. Expert analysis and future outlook. 

    Dec 24, 2025

  • The Environmental Footprint of Forex: How Trading Infrastructure Impacts the Climate

    Forex trading has a hidden environmental cost. Learn how data centers, HFT farms and crypto-linked FX activity shape carbon emission...

    Dec 24, 2025

  • Forex vs Crypto: Why BTC/USD Trades Nothing Like EUR/USD

    Why BTC/USD behaves differently from Forex pairs. Volatility, manipulation, liquidity, and how crypto changes market analysis. 

    ...

    Dec 24, 2025

  • Gold above $4400: how geopolitics and Fed rate expectations are reshaping XAU/USD dynamics

    Gold prices surge above $4400 as Israel–Iran tensions and expectations of Fed rate cuts dominate market positioning. Safe-haven de...

    Dec 23, 2025

  • Trump signs “Ensuring American Space Superiority”: how the US is turning space into a strategic domain

    On December 18, 2025, Donald Trump signed the executive order “Ensuring American Space Superiority”, redefining US space policy ...

    Dec 23, 2025

Copyright ©2025 FX24 forex crypto and binary news


main version