For a long time the Bitcoin exchange rate has been relatively stable, however in the night from 25 to 26 October, the most popular cryptocurrency skyrocketed. The price for bitcoin is up 10 $ 300, and the growth compared to the previous day, was impressive 40%, writes the channel 24.
However, in the course of trading, the course was adjusted and went down sharply and was fixed at the level of 9600 dollars for the digital currency resulting in a 30% growth. Together with Bitcoin, dramatically increased the rate and other popular cryptocurrencies.
Experts believe that the growth of the most popular cryptocurrencies stems from the fact that the Communist party of China has decided to become a world leader on blockchain technologies. The President of the PRC XI Jinping said that China is time actively to develop the full potential of blockchain technology. Interestingly, XI Jinping for the first time so seriously interested in this question.
He stressed that the authorities should focus on stimulating the development of this promising technology, which is still in its infancy. He believes that the use of the blockchain will form the basis for future innovation and reform of the industrial sector.
Speaking at the 18th meeting of the Politburo of the Communist party, the Chinese leader said that the technology of the blockchain have a wide range of possible applications in the country – from business and Finance to fight poverty and improve the quality of health care.
Immediately after the words of the head of state, one of the largest Chinese media disseminated this information, and Chinese Universities are already planning to open training courses: digital literacy.
Recall from the beginning of 2019 has closed six cryptocurrency exchanges dealing Althingi. This became known from the Manager of a major international exchange. So, recently about his departure from the market was informed Coinexchange from India and Thai BitcoinCo. In addition, the planned closure ExCodex and DC-Ex. Two other sites have announced that they are not trading.