Six blockchain businesses have been recognized by the World Economic Forum on its annual list of 100 companies that are Technology Pioneers. The 2020 list and the ones before it describe early to growth-stage businesses that are innovating and developing new technology. On the World Economic Forum website, blockchain and…
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99Crypto
Analysts Predict Tough Times Ahead for Bitcoin and Its Investors
At the beginning of this week, the price of one Bitcoin dropped to less than $9,000. Investors called this a rapid pullback. It was triggered by the liquidation of $30 million in long investments on the BitMex. The market details show that the selling was from cryptocurrency whales closing…
Ledger Vault head Glenn Woo provides insight and predictions regarding Central Bank Digital Currency development in China.
China has emerged as the global leader of CBDC (central bank digital currency) development, and this has driven speculations about the country's international and domestic intentions for its central bank digital currency. Glenn Woo, the head of the Asia-Pacific region for Ledger Vault, believes that China can deploy…
Pace of Cryptocurrency and Blockchain Development Has Slowed Down Considerably
In a recent report released by Outlier Ventures, analysts found a decline in activity across 12 of the leading blockchain and cryptocurrency development projects. The average rate of decline was 20 percent. Outlier Ventures is a blockchain and artificial intelligence investment business. In the report, which looked at the second…
Wilshire Phoenix's New Product Will Easily Help Normal People Buy Bitcoin Shares
Wilshire Phoenix, which is an alternative investment business, just filed an S-1 registration with the United States Securities and Exchange Commission. The purpose of the registration is for a publicly traded Bitcoin fund that is in line with regulatory standards. The registration application states that the shares will give investors…
MakerDAO and the Celsius Network Will Hold Virtual Debate Sessions
There is a clash of ideologies between centralized and decentralized finance and banking. This leads a lot of people to ask whether or not one is better than the other or if the two need each other. COVID-19 isolation and quarantine has caused a big uptick in online events. This…