Financial Experts See No Reason Why Bitcoin Adoption Will Not Happen
Understanding Bitcoin and the blockchain is not necessarily required to use cryptocurrency. It is good to see people show a keen interest in the ecosystem, though. Bitcoin has always been looked at as a way to make payments and disrupt money transfers. Although the financial world has opposed the idea of Bitcoin for the longest time, the tide may change soon. Financial experts feel the time has come to see cryptocurrency in the proper light: as a useful way to transfer money around the world. Cryptocurrency enthusiasts will be pleased to hear the time is nigh for Bitcoin. To be more....
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This news comes at the time when experts assumed adoption of distributed ledgers was still five to ten years away. Once again, the so-called experts have been proven wrong, and it is not the last time that will happen. Blockchain adoption by traditional financial institutions will not happen anytime soon. At least, that is the message their official spokespeople are converting to the world. But according to IBM, there has been a rush to embrace distributed ledgers and integrate them into core systems. Things are looking positive for Bitcoin technology, even though banks will not embrace....
Cryptocurrency has enjoyed a surge in popularity throughout 2021, but with a few months still left of the year to happen, it should come as no surprise that there are a number of different trends that everyone should still know about. There are a number of different trends that can be expected to happen throughout the remainder of 2021, so let’s take a look at each one and highlight just why each factor can be considered to have an impact in the near future. Decentralised Finance Most people will already know about the decentralised element that Bitcoin and crypto have, which is why it is....
The delay of Bitcoin transactions, on the other hand, is a more likely reason. Bitcoin adoption by merchants and store owners is booming as of late. Particularly in the European Union, things are improving year over year. Even though there is still a lot of work to be done, it appears Central Europe is doing quite well. At the same time, the lack of Bitcoin adoption in Scandinavia is rather disconcerting, and rather difficult to explain. Europe has always been a rather odd region when it comes to financial innovation. Every country has its own set of payment options, yet there is no....
A panel of crypto experts has predicted that the price of bitcoin will rise to $318,417 by December 2025. The most bullish expert believes that the price of the cryptocurrency will reach $160,000 by the end of the year. Meanwhile, 54% of them think that hyperbitcoinization will happen by 2050. Crypto Experts Share Bitcoin Price Prediction Finder, a major product comparison website, has conducted a study to find out the future outlook of bitcoin as its popularity grows. “As awareness of cryptocurrencies continues to spread, all eyes are on bitcoin’s price. So we asked our panel....
Forecasting the price of any asset is a tricky thing. Estimating the price of wildly fluctuating Bitcoin, which is much more than just some financial instrument, is nearing almost magic. One day it can shoot up by 10% just to see it fall 5% following day. Is this volatility a reason for disinterest in the future price direction and levels? CoinTelegraph.com doesn't think so and have asked experts for their opinion with two questions: Some experts didn't want to comment at all; the most courageous ones put their heads under the guillotine and provided exact price levels. We will see in one....