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Endorsement

Xi Blockchain Endorsement Triggered Buying Frenzy in Chinese Cryptocurrencies

boss Cryptocurrency Market, News 0

Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and

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Bitcoin Pops after Xi Jinping’s Blockchain Endorsement

boss Analysis, Bitcoin, Bitcoin Analysis 0

China’s President Xi Jinping’s endorsement of the blockchain technology sent bitcoin up by more than 40 percent.The benchmark cryptocurrency established a new session high of $10,540.49 after rising by $3,109 over the weekend. The surplus gains came after a depressive performance last week, wherein bitcoin price shed as much as

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