According to Bitcoin Magazine, uncertainty is rampant in the bitcoin world as China continues to clamp down on cryptocurrencies. At this point, it’s unclear what sort of regulatory action will take place in the near future.
According to CNBC, analysts have claimed that China’s bitcoin clampdown is likely here to stay. The analysts believe recent actions are part of a longer-term effort by regulators to control bitcoin.
According to CoinDesk, the founder of the world’s largest hedge fund has called bitcoin a bubble.
According to Bloomberg, major players in the Bitcoin ecosystem believe the network is likely to split again in November due to the hard fork portion of the SegWit2x proposal.
According to Bleeping Computer, Russian authorities have shut down RAMP, which was one of the largest darknet markets in the world. The market was a Russian-language, forum-based market for illicit goods.
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