Chinese Tech Stocks “Maxed Out” after Xi Jinping Touts Blockchain
As Chinese President Xi Jinping highlighted the potential of blockchain, it positively influenced the stocks of Chinese tech companies.
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As Chinese President Xi Jinping highlighted the potential of blockchain, it positively influenced the stocks of Chinese tech companies.
China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th, Tron – 2nd, and EOS (EOS) retaining the top spot
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An official at the central bank of China believes that blockchain will help to ensure continuous growth in the tech sector.
Bakkt Physical Bitcoin Futures platform just recently hit a new record while Bitcoin price exploded.
Chinese retailer Pinduoduo has just surpassed JD.com to become the 4th largest internet company in China.
Zamna plans to use blockchain technology to verify and authenticate passenger data which can be then seamlessly silo-ed between security agencies, airlines, and government.
A prediction from January suggests that Bitcoin is set to surge by more than $6,000 in the next three days.
Soon after Xi Jinping asked China to accelerate its blockchain developments, crypto tokens associated with China’s blockchain projects saw a massive surge.
China apparently has a couple of blockchain projects which once fully implemented will leave the rest of the world in the dust.
Justin Sun has made a pre-announcement that the TRON Foundation will unveil a new partnership with a multi-billion dollar megacorporation by next week.
The Chinese government seems to be really interested in blockchian and crypto. A new cryptography law is to become operative soon.
The Chinese President Xi Jinping makes pro-blockchain statements as Bitcoin price jump more than 13%.
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In a move to dominate the industry, Chinese president Xi Jinping has urged the country to accelerate the adoption of blockchain.