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Home » Bitcoin heading to zero
News Update

Bitcoin heading to zero

China's BIG warning to crypto investors
News DeskBy News Desk30 June 2022No Comments1 Min Read
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Chinese state-run newspaper Economic Daily has warned investors that the price of leading cryptocurrency Bitcoin is “heading to zero”. The warning came as the cryptocurrency market continued to face meltdown with Bitcoin hovering around $21,000 per digital coin. It is a substantial drop from its record high of $68,000 in November last year. The Chinese government banned Bitcoin mining in July last year. It has plans to launch its central bank digital currency (CBDC) called the digital Chinese yuan (e-CNY).

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  • Harvinder Singh Makes History with Padma Shri Win
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Harvinder Singh Makes History with Padma Shri Win

5 June 2025

Sheikh Hamdan Forgives Dh101 Million in Housing Loans for Over 300 Emiratis

5 June 2025

Preity Zinta’s ₹35 Crore Bet Turns into ₹350 Crore Windfall: The IPL Investment Masterstroke

5 June 2025

With a $300 million investment, Sunny Varkey is transforming GEMS Schools into Global Educational Jewels

5 June 2025
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  • Harvinder Singh Makes History with Padma Shri Win
  • Sheikh Hamdan Forgives Dh101 Million in Housing Loans for Over 300 Emiratis
  • Preity Zinta’s ₹35 Crore Bet Turns into ₹350 Crore Windfall: The IPL Investment Masterstroke
  • With a $300 million investment, Sunny Varkey is transforming GEMS Schools into Global Educational Jewels
  • ₹3,000 Toll Pass Could Replace Per-Trip FASTag Payments
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