Jack Dorsey says Bitcoin will be worth 'at least a million' by 2030
“I do think it hits that number and goes beyond,” said the Twitter co-founder on his million-dollar Bitcoin prediction.
Related Posts
Solana developers share 3 key mitigation steps to make the network robust
Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority. 293 Total views 4 Total shares The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has come out with an outage report, along with three…
Kraken users report Bitcoin Lightning Network availability
Kraken was previously aiming to implement the BItcoin Lightning Network in 2021 after officially announcing the plan in late 2020. 736 Total views 25 Total shares Major American cryptocurrency exchange Kraken reportedly started implementing the Bitcoin (BTC) Lightning Network for users a bit later than the firm originally planned.Bitcoin maximalist Mr.Hodl took to Twitter on…
Bitcoin derivatives data reflects traders’ mixed feelings below $17,000
Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, the sub $17,000 levels were last seen almost two years prior, and the fear of contagion became evident.The move liquidated $285 million worth of leverage…
Fake Trading Volumes and the Price of Bitcoin: Are They Connected?
Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in Bitcoin (BTC) was fake. Bitwise found that, according to data published by CoinMarketCap — a widely cited tracker of crypto statistics — Bitcoin’s approximate average daily volume in April 2019 was $10 billion. In comparison,…
Cryptocurrency Market Sees Red as Bitcoin Slumps Below $11,000
Tuesday, Aug. 13 — Bitcoin (BTC), Ether (ETH) and XRP continue to bleed amid a crypto market turning red. Market visualization. Source: Coin360Bitcoin is trading at $11,005 at press time, with a 3.83% loss on the day. Bitcoin broke $12,000 three days in a row, from Aug. 6 to Aug. 8., but never managed to hold…
First official DAO in the US to fight SEC without attorneys
American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration. 1387 Total views 38 Total shares The first official decentralized autonomous organization (DAO) in the United States is taking on the Securities and Exchange Commission (SEC) over its 2021 token registrations. American CryptoFed DAO…
Ethereum on track to settle $1.6 trillion this quarter
Ethereum's quarterly settlement value is on course to increase by 1,280% year-over-year. Ethereum usage is surging this year, with the value of transactions settled on the network skyrocketing during 2021.According to research from Messari, Ethereum has settled $926 trillion worth of transactions this quarter so far — 700% more than it processed during Q1 2020. The…
China Sees New Blockchain Innovation Alliance, With Huawei and Alibaba as Members
China has welcomed its first provincial-level Blockchain Innovation Alliance on April 14, according to ChinaNews. Major enterprises settles More than 100 well-known enterprises, both domestic and foreign, have joined the alliance. Members include Inspur, Tsinghua Unigroup, Huawei, IBM, Tencent, Alibaba and Baidu, according to the announcement. The Alliance is located in the intelligent industry cluster in Yuzhong District.…