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Floods and Mining in China
Luckily, Twitter helps me keep a pulse on global events, such as informing me that China is currently...Because, at any given time, Bitcoin miners in China are estimated to comprise ~70% of global hashrate...It’s not just China’s total hash power that’s the concern here, but also the regions most affected.
4 Min
Infrastructure
Aug 2020
Don't Sleep On China
Neither were China’s plans to lead the world towards a central bank digital currency and launch “the...away with today: Don’t sleep on China....It’s been developed primarily by the Chinese central bank, the People’s Bank of China....It seems like Apple won’t be the only US company playing by China’s rules. ...
5 Min
Layer 1 / L1
Apr 2020
China FUD Piles Up, Hash Rate Exodus, And Miners Selling
Market Update China continues to pile up FUD by re-iterating that banks should not engage in business...BTC To Retest Neckline Support With China’s move against Bitcoin and a bloody start to the week, it...Hashrate Exodus From Larger Mining Pools Ever since China started clamping down on Bitcoin mining, hash...
3 Min
Infrastructure
Jun 2021
Insights Into China's Largest Digital Entertainment Event
I recently had the pleasure of attending ChinaJoy, China’s largest consumer event focused on digital...launch of Wuchang, Shadow Blade: Zero, and Blood Message, I hope to see this corner grow year on year as China...before HarmonyOS stops being a nice option and becomes a must-have third pillar for games launching in China...
9 Min
Gaming
Aug 2025
Mike McCormick: AI Acceleration vs Risks, Funding Global Resilience, AGI scenarios, U.S. vs China
...from China and closed from the us....Tommy Shaughnessy: China, Mike McCormick: China dictatorships, North Korea, time to catch up and hit...And we have China as fast and....They [00:53:30] might have a little bit of a hawkish view on China and say like, Hey, if China gets to...US [00:56:45] plus China grappling with ai.
103 Min
AI
Oct 2025
Mirror takes on Synthetix, Funding Depressed, Aave Dominates Lending
Hash rate exodus continues as the China mining & derivatives clampdown continues....China Piling Up FUD, Miners Net Dumping, and Hashrate Decentralization.
3 Min
DeFi
Jun 2021
The Dark Night Rises - Part 1
The US-China-Japan Conundrum The other big central bank juggernaut is the PBOC....(like Janet Yellen) criticizing China’s use of government subsidizes for key industrial sectors as a...This is causing a host of other problems as China doesn’t want to concede market share to other rival...
23 Min
Macro & Markets
Jul 2024
The End Game
This is the new middle class in China and other Asian countries....The only country with the size to challenge the dollar is China....Unlike the U.S., China is a closed economy....China’s export-driven economy drives its trade surplus China has grown rich by selling cheap stuff to...Outside of China, there are two conceivable threats to the dollar.
38 Min
Macro & Markets
May 2023
Market Musings - Reawakening The Animal Spirits
BREAKING: China is considering injecting up to $142 billion of capital into its biggest state banks,...All of a sudden the feed is littered with takes on “why China matters” China has always mattered – the...China has always been important for global liquidity cycles, and by extension crypto cycles....China mattered in 2017 cycle, and again in the 2020 cycle.
16 Min
Macro & Markets
Oct 2024
Pulse Check on Liquidity Trends
At the time, we noted this was “largely driven by China’s PBoC and, to a lesser extent, the Fed” and...Liquidity expansion out of China has been a strong driver thus far....The year-over-year change in China’s credit impulse continues to trend higher, and history shows similar...
7 Min
Global Macro Themes
May 2023
Diamond Hands: This Week’s Debrief
There’s China banning bitcoin for the thousandth time....There’s the Wall Street Journal, ​​which cited a combination of the China ban and the “highly unstable...
4 Min
Derivatives
May 2021
Hash Rate Soars, New Yield Farms, & Crypto Security Tips
Last year, we saw BTC’s hash rate dropped significantly from 200M TH/s to 61M TH/s after China implemented...China held more than 50% at the start of 2021, but as the ban started taking effects, it has since dropped...to 0% as miners move their operations out of China....This means that the number of miners has been growing even as some move out of China.
5 Min
DeFi
Feb 2022
Fearful Market Shakes Out Little Leverage
Market Update Today has been brutal across global financial markets, presumably from fears surrounding China...Potential selling coming out of Asia Yes, Binance’s BTC balance is increasing, suggesting selling from China...Market Update Today has been brutal across global financial markets, presumably from fears surrounding China...
4 Min
DeFi
Sep 2021
Huobi Basis Deviates, Options Skew Signals Positive Outlook, OpenSea Hits ATHs
Huobi is a Chinese exchange, with a presumably large concentration of volume in mainland China....have fared well in this regard, which could possibly indicate that their user base isn’t as tied to China...
3 Min
DeFi
Oct 2021
Monthly Chartbook - Another Year, Another Rally
...considerably across the board, in large part due to recent increases in global liquidity driven by China...
15 Min
Macro & Markets
Feb 2023
Uniswap Ignores Price Crash; Stablecoin and Derivatives Data Offer Glimpse of Hope
Notable Tweets The CEO of a large Chinese mining pool talks about China’s latest crypto ban....Some thoughts about the impact of China’s policy on #Bitcoin mining industry: The current situation of...#Bitcoin mining in China is not as serious as you think. — 江卓尔 Jiang Zhuoer BTC.TOP (@JiangZhuoer) May...
2 Min
DeFi
May 2021
Stay The Course
Fed Holds Steady While China Faces Wall of Worries Everyone’s attention seems to be focused on if and...Meanwhile, China’s struggles are becoming more apparent by the day....’s domestic markets.Real estate makes up a much larger percentage of household wealth in China, but the...
17 Min
Macro & Markets
Feb 2024
What On-Chain Market Data is Saying
Chinese mining pools like F2Pool and Huobi, however, are still losing market share in the aftermath of China...The share of unknown pools, a lot of which is likely situated outside China (Kazhakstan and the US, for...All three pools are based in China, but have operations outside the country too.
5 Min
Layer 1 / L1
Aug 2021
Market Sentiment and DeFi's Resilience
. — Raoul Pal (@RaoulGMI) May 25, 2021 An expert’s take on the China’s mining ban Here is its if you...A summary version of the memo on China FUD prepared for Sino by an extremely well-qualified outside expert...
3 Min
DeFi
May 2021
DeFi Roaring, Axie Soaring, and NFTs No Longer Boring
...https://t.co/C6reYmyZ5H — Alpha Finance Lab (@AlphaFinanceLab) July 6, 2021 More news out of China....PBOC(central bank of China) just posted “warning that institutions within its jurisdiction shall not...
3 Min
DeFi
Jul 2021