The Chinese news program Focus Report stated that there are currently about 32,000 companies in China claiming to use blockchain. In reality, the number may not even be 10 percent of that total. On November 18, the leading state television broadcast in China, which is CCTV, showed an episode…
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99Crypto
BlockShow Asia Yields Some Fresh News for the Digital Coins
BlockShow Asia took place in Singapore this week. It left observers and analysts of the industry with a lot to talk about. One item of interest was Binance's Changpeng Zhao, who spoke at the event. He predicted that the central bank digital currency in development by China would…
Andrew Yang Calls for Smart Cryptocurrencie Regulations
Andrew Yang, who is a billionaire running for the Democratic nomination for presidential candidate in 2020, has released a plan in which he would regulate the cryptocurrency industry. On November 14, Yang wrote a blog post about the tech industry. In it, he said that the cryptocurrencies have too much…
All Is Not Lost For Bitcoin
On Friday, November 15, the cryptocurrency markets mostly showed negative movement. Bitcoin failed to impress investors and analysts as it moved below the $8,500 mark. For most of the trading day, Bitcoin had been trading within a narrow range, between $8,600 and $8,700. It took a sudden…
Russia Promotes Cryptocurrency In The Face Of U.S. Sanctions
In mid-November, representatives from the BRICS group of nations considered to be emerging economic powers met in the retro-futuristic city of Brasilia to discuss various topics, and one of the most interesting was related to how cryptocurrencies could play a part in their respective futures. Digital currencies were lightly mentioned…
Bitcoin's Value Saw Another Drop and Rebound in 24 Hours
With little to no fundamental news updates to work with, Bitcoin traders are closely watching fundamental analysis charts in November. Just two weeks away from the final month of the trading year, Bitcoin has failed to find support at the $10,000 price level despite a few days when it…