President Bukele of El Salvador has claimed that one-third of the country's population is now actively using Chivo, a digital wallet designed to allow for easier transactions. This is part of the President's plan to modernize and promote technology in the Central American nation. The first…
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99Crypto
Information on the Best Crypto Currency Currently
It was bound to happen at some point this year, and it happened on September 22: Bitcoin lost considerable ground during a spectacular selloff despite the effort of bullish traders who had diligently attempted to push the token back towards the $50K psychological trading level. What exactly is happening in…
Recent Developments in the Cryptocurrency Marketplace
The digital currency markets are no longer limited to liquid transactions whereby traders take positions that they may later liquidate in order to receive fiat. Derivatives such as Bitcoin futures at the Chicago Mercantile Exchange are now a major aspect of cryptocurrency trading, and these instruments fall under the purview…
Bitcoin Futures and the Current State of the Cryptocurrency Markets
Prior to the slide in Bitcoin pricing on September 19, futures contracts at the Chicago Mercantile Exchange suggested that the BTC/USD currency pair would be able to settle around $50K and form a support level that many traders would feel comfortable with. This slightly bullish sentiment failed to take…
As Potential Financial Crisis Looms - Keep Close Eye On Bitcoin
As of September 2021, the prospect of another global financial crisis loomed very high in the minds of many economists and stock market analysts. The coronavirus pandemic and its lingering effects on the global economy could lead to a gradual erosion of investor confidence, and this may translate into a…
A "Fourth Currency" Type Is Currently Being Developed in Wyoming
In what appears to be one of the most interesting petitions ever filed with the United States Securities and Exchange Commission, a Wyoming blockchain developer is seeking approval for a couple of stablecoin tokens that are different from the likes of Tether and USDC. American CryptoFed DAO is seeking approval…