Is bitcoin banned in China?|Despite countless Western media outlets describing China's crypto “ban,” crypto trade is very much alive on mainland China. In just one month last year, Binance reportedly did $90 billion in Chinese crypto trade, making China the largest market for the world's largest exchange.
Is it true that bitcoin is prohibited in China? Despite various Western media outlets portraying China as having a strict "ban" on cryptocurrency, it appears that crypto trading remains vibrant within the mainland. For instance, Binance, the world's largest exchange, reportedly facilitated a staggering $90 billion worth of crypto trades in China within just one month last year, making China its largest market. So, does this indicate that the supposed ban on bitcoin in China is merely a facade?
How much is cryptocurrency in Saudi Arabia?|How much is 1 Bitcoin in SAR? Right now, 1 Bitcoin is worth about .SAR 265,855.26
Could you please elaborate on the current value of cryptocurrency in Saudi Arabia? I'm particularly interested in knowing the exact exchange rate for 1 Bitcoin in Saudi Riyals (SAR). According to my understanding, the market is dynamic and prices fluctuate frequently. Could you provide me with the most recent and accurate figure for the conversion of 1 Bitcoin to SAR? I believe it's approximately .SAR 265,855.26, but I would appreciate it if you could confirm this information for me. Thank you in advance for your assistance.
How long does it take 1 miner to mine 1 Bitcoin?
I'm curious to know, how exactly does the process of mining Bitcoin work? And specifically, how long does it typically take for a single miner to successfully mine one Bitcoin? Is there a set time frame, or does it vary depending on various factors like mining difficulty, the miner's equipment, or even the overall network conditions? It seems like a complex process, and I'm interested in understanding the estimated timeframes involved.
Who owns most Bitcoin?|So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, , the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.Satoshi Nakamoto
Who actually holds the lion's share of Bitcoin? Could you please elaborate on the top BTC holders? I've heard rumors that the anonymous creator, Satoshi Nakamoto, tops the list. Is that true? If so, could you provide some insights on how much Bitcoin he holds? River Intelligence mentioned he possesses around 1.1 million BTC tokens. Could you share more details about this, like the number of addresses he uses to store them? It's fascinating to know who the big players are in the crypto world.
Are there bitcoin ETFs in Asia?
I'm curious to know, are there any Bitcoin Exchange Traded Funds (ETFs) available in Asia? Given the increasing popularity and demand for cryptocurrencies in the region, I'm wondering if investors in Asia have access to such financial products that allow them to trade and invest in Bitcoin without directly owning the underlying coins. Could you elaborate on this matter and perhaps provide some insights into the regulatory landscape surrounding cryptocurrency ETFs in Asia?