Multiple countries continue to develop their own central bank digital currencies (CBDCs). Currently, countries like China and Russia leave the task to their governments. The United States, on the other hand, leaves the work to the private sector. Brian Brooks, Acting Comptroller of the Currency, recently testified before the US…
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99Crypto
Resilience Is Still Strong for the Current Value of Bitcoin
New information from Whale Map suggests that if Bitcoin is going to keep its current momentum, its price has to be at or above the $14,914 level. A whale cluster forms when the wealthiest investors purchase Bitcoin and hold onto them. This is an indication that the whales accumulated…
VeChain's Stock Prices Rise after Meeting with Chinese Government Officials
On Wednesday November 11, the price of VeChain extended its rally. This built off a solid week of growth after the company's CEO had a discussion with officials from the Chinese government. Those discussions were centered around the post-epidemic health response. VeChain, which trades under VET, had a…
Why Ripple And XRP Are A Safer Option For Investment
The current CEO of Ripple, Brad Garlinghouse, recently issued a warning to companies. Specifically, he cited commercial investment in Bitcoin as a risky endeavor. Garlinghouse pointed to Joe Biden's victory in the US presidential election to prove his point. Most companies and analysts expect Biden to take a…
Funny Business at Cred, a cryptocurrency lending service
Cred is a cryptocurrency lending service based in the United States. On October 28, the platform suspended withdrawals and deposits for users. An official announcement indicated the hold on transfers would last two weeks. Users of the platform expressed surprise and frustration at the announcement at the time. Now they…
Continued Good News from Bitcoin
The world focused on the US presidential election during November's first week. In that time, investors continued to fuel Bitcoin's recent gains. Bitcoin currently enjoys a 100-day streak with a valuation over $10,000. Pricing continues to trade above $14,000 and currently eclipses $15,000.…