Bitcoins: Latest Trends and Forecasts
In fact, the projections for the price of the 2016 bitcoin reflects a fresh understanding of this digital currency and has drawn attention to the fact that the bitcoin will certainly play an important role in the world’s financial system in the coming years. The bitcoin industry is still in its infancy, which means that there is a lot to look forward to in the future. In 2016, the future of the bitcoin industry is bright, and that’s no very surprising, given the fact that the price of the bitcoin is quickly skyrocketing. In 2015, the price of the bitcoin soared from $230 to more than $480....
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See what the Cointelegraph crew thinks are the most important trends of 2021 in our latest video. Bitcoin bubbles, Big Brother, decentralized finance, nonfungible tokens and Ethereum: These are some of the key 2021 trends that the Cointelegraph crew pointed out back at the beginning of January. To assemble these opinions, each of our contributors was asked three questions:What current crypto trends will continue in 2021?What trends do you not expect to continue?What trends will we see in 2021 that we didn't see in 2020?How would you answer these questions? Take a moment to think, then....
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud prevention company Bolster and shared with Bitcoin.com News, the correlation with the surge of cryptos’ popularity and the coronavirus pandemic boosted the figures of crypto scams in 2020. Bolster analyzed over 300 million websites and found....
Throughout the past week Bitcoin’s price followed a sideways trend in a range of $440 - $460. During the week, positive macroeconomic indicators from the US were announced, including an increasing of the interest rate to 0.50% for the first time since 2006. As a result, the Dollar was significantly strengthened against all currencies. Recent decisions of the ECB and the Fed have also led to increased demand for the Dollar. However, it had almost no effect on the value of Bitcoins. Bitcoin ended the week with a price of about $458. We asked Tomi Hrovatin, developer of HODL Tools for trading....
Bitcoin may take twice as long to get to $100,000 than previously surmised. In its latest crypto newsletter, Bloomberg observes that Bitcoin (BTC) "has had a tendency of adding zeroes to its price," noting that the asset previously went from $1,000 to $10,000 in less than four years. Maturation may have slowed this trend somewhat, but Bloomberg does not appear to believe it has reached a full stop. They noted that such a rise could occur again, though it may not be for some time:“If the crypto echoes its past gains, with some maturation, about double the time period it took to add a zero....
Inside Bitcoins New York will host Barry Silbert as a speaker on Day 3 of the event in a moderated “Fireside Chat”. Barry Silbert will discuss bitcoin investing, and the latest trends, changes, technologies, and companies currently shaping bitcoin. Barry Silbert has been a key leader in the rising bitcoin industry, even being selected in Fortune’s “40 under 40” in 2011, and this year has been named Entrepreneur of the Year by Ernst & Young and Crain’s. He is most respected for his founding of the Digital Currency Group, SecondMarket, and the Bitcoin Investment Trust (BIT)- the world’s....