CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.
"Compared to the amount of miners that get shipped regularly, it's just a small batch," a mining source told CoinDesk.
China's central bank says institutions must not provide trading, clearing and settlement for crypto transactions.
China's central bank said major financial institutions must stop providing trading, clearing and settlement for crypto transactions.
A statement posted on its website citing guidance from the People's Bank of China was subsequently deleted.
The Sichuan government has joined other Chinese provinces in ordering local bitcoin mining operations to shut down pending an inspection.
The Industrial and Commerce Bank of China has become the first bank in the country to launch a feature converting cash to the digital yuan.
Blockchain could "empower" companies and governments to more "effectively" trace their supply chains, the Senate committee said.
The news follows forced closures of mining operations elsewhere in China.
The order is to be completed by the end of the month.
The country is testing the currency in different pilots.
A report by Forkast News appears to have been incorrect, a number of mining sources tell CoinDesk.
The coming ban follows similar actions in Qinghai, Xinjiang and Inner Mongolia.
The funding will go towards bolstering BSN's team as well as expanding the firm's global market for its platform.
A death cross occurs when the 50-day moving average crosses below the 200-day moving average.