Decade-Long Financial Growth Wiped Out In One Month While Bitcoin Grows Stronger
For those investors who thought the Asian stock markets would start to recover, things are looking bleaker than ever before. Another shockwave of declining stocks is affecting other major trading markets all over the world, and there is no end in sight. All of the traditional financial sectors are losing ground at an accelerating pace while Bitcoin sees a healthy price increase as more money flows into the world’s true global currency. Anyone who has been trading in the stock market since early 2015 may want to rethink their position in the very near future. Especially those traders....
Related News
Bitcoin’s first decade was marked by considerable growth. The advent of decentralized finance (DeFI) could do the same for its next ten years. The post Following One Decade Of Growth, DeFi Could Guide Bitcoin’s Next appeared first on Bitcoin Magazine.
In an interview with Bloomberg, Michael Saylor detailed 10 things that needs to happen over the next decade for bitcoin to become a stronger asset for institutions.
The crypto mining industry has had a phenomenal record of growth and innovation over the past decade, but this is just the beginning. Since the creation of the first cryptocurrency over a decade ago, many have often been skeptical of their legitimacy, with some even dismissing them as a fraud. But in 2020, this paradigm seemed to have shifted. What has emerged is a shared recognition that Bitcoin (BTC) and other digital assets are here to stay and that they will play a key role in the future of global finance. This is not some far-fetched vision reserved to crypto-anarchists — financial....
Metcalfe-Network-Effect. Network growth has been steadily growing larger and stronger over the last two years. While many people only look at the value of bitcoin, they are failing to see the adoption rate. The bitcoin price may have dipped slightly recently, and the record all-time high price of $1,124 USD of late November 2013 may now seem like a long way off. The bitcoin network itself is continuing to grow larger than ever. While according to Metcalf's Law, which states the value of a telecommunications network is proportional to the square of its users. There comes a point in this....
Bitcoin prices fell for the third consecutive session on Tuesday as a stronger US dollar countered the US Senate's approval of a long-pending coronavirus stimulus package.