Bitcoin plummets after China intensifies cryptocurrency crackdown

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CNN’s Julia Chatterley speaks with backers Mike Novogratz and Gary Vaynerchuk about the venture.”},{“title”:”Bitcoin miner CEO: Industry is moving toward carbon neutral”,”duration”:”03:35″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/26/bitcoin-mining-fred-thiel-marathon-digital-holdings.cnnbusiness/index.xml”,”videoId”:”business/2021/05/26/bitcoin-mining-fred-thiel-marathon-digital-holdings.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210526110655-marathon-digital-holdings-ceo-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/26/bitcoin-mining-fred-thiel-marathon-digital-holdings.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Marathon Digital Holdings held a call with Elon Musk about energy use in the bitcoin mining industry. 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Did it just burst?”,”duration”:”03:01″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/19/crypto-ethereum-vitalik-buterin-elon-musk-bubble-orig.cnn-business/index.xml”,”videoId”:”business/2021/05/19/crypto-ethereum-vitalik-buterin-elon-musk-bubble-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210518150319-01-vitalik-buterin-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/19/crypto-ethereum-vitalik-buterin-elon-musk-bubble-orig.cnn-business/video/playlists/business-digital-currency/”,”description”:”Vitalik Buterin is the 27-year-old co-founder of the world’s second largest cryptocurrency, Ethereum. He talks bubbles, Elon Musk, and “screwing the big guy” with CNN Business’ Matt Egan.”,”descriptionText”:”Vitalik Buterin is the 27-year-old co-founder of the world’s second largest cryptocurrency, Ethereum. He talks bubbles, Elon Musk, and “screwing the big guy” with CNN Business’ Matt Egan.”},{“title”:”Cryptocurrency expert: Elon Musk knows ‘virtually nothing'”,”duration”:”02:08″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/19/markets-now-elon-musk-cryptocurrency-dogecoin.cnn-business/index.xml”,”videoId”:”business/2021/05/19/markets-now-elon-musk-cryptocurrency-dogecoin.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210519132727-markets-now-elon-musk-william-quigley-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/19/markets-now-elon-musk-cryptocurrency-dogecoin.cnn-business/video/playlists/business-digital-currency/”,”description”:”William Quigley, Magnetic Managing Director, says investors shouldn’t take Elon Musk’s tweets seriously because Musk knows “virtually nothing” about crypto.”,”descriptionText”:”William Quigley, Magnetic Managing Director, says investors shouldn’t take Elon Musk’s tweets seriously because Musk knows “virtually nothing” about crypto.”},{“title”:”Christie’s CEO: NFT is bringing Andy Warhol’s art back to life”,”duration”:”02:31″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/19/christies-ceo-andy-warhol-nft.cnnbusiness/index.xml”,”videoId”:”business/2021/05/19/christies-ceo-andy-warhol-nft.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210519115554-christies-ceo-guillaume-cerutti-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/19/christies-ceo-andy-warhol-nft.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Christie’s CEO Guillaume Cerutti discusses the auction of five NFTs created from digital art made by Andy Warhol in the 1980s.”,”descriptionText”:”Christie’s CEO Guillaume Cerutti discusses the auction of five NFTs created from digital art made by Andy Warhol in the 1980s.”},{“title”:”Gary Vaynerchuk: Blockchain and NFTs will change our lives”,”duration”:”03:10″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/05/05/gary-vaynerchuk-nfts.cnnbusiness/index.xml”,”videoId”:”business/2021/05/05/gary-vaynerchuk-nfts.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210505125924-gary-vaynerchuk-large-169.jpg”,”videoUrl”:”/videos/business/2021/05/05/gary-vaynerchuk-nfts.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Marketing guru Gary Vaynerchuk talks with CNN’s Julia Chatterley about the launch of his VeeFriends NFT project.”,”descriptionText”:”Marketing guru Gary Vaynerchuk talks with CNN’s Julia Chatterley about the launch of his VeeFriends NFT project.”},{“title”:”ConsenSys CEO: Crypto is crossing the chasm into popular culture”,”duration”:”03:14″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/22/consensys-ceo-crypto-decentralized-finance.cnnbusiness/index.xml”,”videoId”:”business/2021/04/22/consensys-ceo-crypto-decentralized-finance.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210422100608-consensys-ceo-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/22/consensys-ceo-crypto-decentralized-finance.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Joseph Lubin, ConsenSys CEO and co-founder of Ethereum, talks with CNN’s Julia Chatterley about Dogecoin, bitcoin, and the disruption of a “decaying” monetary system.”,”descriptionText”:”Joseph Lubin, ConsenSys CEO and co-founder of Ethereum, talks with CNN’s Julia Chatterley about Dogecoin, bitcoin, and the disruption of a “decaying” monetary system.”},{“title”:”Binance.US wants to make crypto more accessible”,”duration”:”08:01″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/21/binance-crypto-brian-brooks.cnnbusiness/index.xml”,”videoId”:”business/2021/04/21/binance-crypto-brian-brooks.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210421120810-brian-brooks-binance-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/21/binance-crypto-brian-brooks.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Brian Brooks, incoming CEO of crypto exchange Binance.US, tells CNN’s Julia Chatterley that “at a certain point, finance will have migrated out of the analog age and into the digital age.” He weighs in on Dogecoin, Coinbase, and regulation.”,”descriptionText”:”Brian Brooks, incoming CEO of crypto exchange Binance.US, tells CNN’s Julia Chatterley that “at a certain point, finance will have migrated out of the analog age and into the digital age.” He weighs in on Dogecoin, Coinbase, and regulation.”},{“title”:”NFTs have completely transformed these digital artists’ lives”,”duration”:”05:41″,”sourceName”:”CNN”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/03/30/nft-crypto-js-orig.cnn/index.xml”,”videoId”:”business/2021/03/30/nft-crypto-js-orig.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210329175232-nft-js-orig-2-large-169.jpg”,”videoUrl”:”/videos/business/2021/03/30/nft-crypto-js-orig.cnn/video/playlists/business-digital-currency/”,”description”:”CNN’s Jon Sarlin talks with Carlos Marcial and Osinachi, two of the many digital artists around the world who have seen their lives turned upside down with the booming market for NFTs —the digital tokens that have fueled the rise of an unprecedented market for digital art. “,”descriptionText”:”CNN’s Jon Sarlin talks with Carlos Marcial and Osinachi, two of the many digital artists around the world who have seen their lives turned upside down with the booming market for NFTs —the digital tokens that have fueled the rise of an unprecedented market for digital art. “},{“title”:”Bitcoin has an energy problem”,”duration”:”03:10″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/bitcoin-energy-consumption.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190207141811-01-bitcoin-file-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/bitcoin-energy-consumption.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year. CNN’s Clare Sebastian reports on the network’s vast energy usage.”,”descriptionText”:”According to one estimate, the process of mining bitcoins and keeping the network running uses more energy than Belgium in a year. CNN’s Clare Sebastian reports on the network’s vast energy usage.”},{“title”:”Coinbase CFO: We’re an on-ramp to the crypto economy”,”duration”:”05:18″,”sourceName”:”CNNBusiness”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/index.xml”,”videoId”:”business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/210414080400-coinbase-cfo-alesia-haas-large-169.jpg”,”videoUrl”:”/videos/business/2021/04/14/coinbase-cfo-ipo-direct-listing.cnnbusiness/video/playlists/business-digital-currency/”,”description”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market. CNN’s Julia Chatterley speaks with CFO Alesia Haas.”,”descriptionText”:”Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market. CNN’s Julia Chatterley speaks with CFO Alesia Haas.”}],’js-video_headline-featured-eowjt0′,”,”js-video_source-featured-eowjt0″,true,true,’business-digital-currency’);if (typeof configObj.context !== ‘string’ || configObj.context.length