Don't you think if the news from China had come earlier like 5 years ago, it would have crashed the emergence of cryptos. I think that was the news that saw bitcoin heading downwards.
Whats your view?
Naturally, in China there is a rejection of bitcoin transactions because they consider illegal transaction bitcoin used for crime transactions and pay hackers
No, I dont think this news is authentic. Why China will not be part of bitcoins and the crypto world as they better know that for becoming super power, they have to take out the mark over international economics. And in future, everything would just be dealt and measured in bitcoins and crypto so they must not be ignoring and banning bitcoins if they have such wish to become.