I’m most bullish on Bitcoin price since 2015, says Abra CEO
A long list of factors means Bill Barhydt is now more optimistic about price rises than at any time in the past five years. The co-founder and CEO of one of the best-known Bitcoin (BTC) companies has revealed he is at his most bullish on the largest cryptocurrency in five years.In a series of tweets on Oct. 6, Bill Barhydt, the CEO of payments gateway Abra, highlighted a large number of indicators suggesting incoming BTC price gains.“I’ve never been this excited about the potential of #Bitcoin for significant price appreciation in the short term (less than 18 month time frame.),” he....
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Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive.
Abra’s CEO Predicts Ethereum Price
The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than Bitcoin in an interview with CNBC Friday. He also predicts that the price of ether (ETH) could reach $40,000, a significant increase from the cryptocurrency’s current price.
Barhydt explained,....
Within 10 days since its launch, Abra's Bitcoin remittance Android application has attracted thousands of Abra users and tellers across many countries. Bitcoin remittance application Abra, which secured a US$12 million Series A funding round from prominent venture capital firms including Arbor Ventures, RRE Ventures and First Round Capital in September 2015, launched its highly anticipated iOS and Android applications on February 5, 2016. Since then, over 5,000 users and Abra tellers have registered and downloaded the application on Google Play, with users across regions including the....
Bitcoin's "killer app" has long been a topic of speculation. What is the compelling use case that will cause millions to adopt bitcoin, knowingly or unknowingly? It just might be Abra. Announced on the final day of Launch Festival 2015, Abra is a company that is looking to take a slice of the $550 billion global remittance market. With legacy companies such as Western Union charging 10 percent and more to remit money internationally, Abra offers the potential for instantaneous money transfers at a fraction of the cost. At the event, CEO Bill Barhydt said: "Our mission with Abra is to turn....
Bitcoin remittance app Abra recently confirmed raising $12 million in a new venture financing round. The Series A round drew support from noted investors like Arbor Ventures, RRE Ventures and First Round Capital. Other investors that took part in the funding are Blockchain Capital, Digital Currency Group, Liberty City Ventures, etc. The total valuation of Abra, upon receiving the new funds, has now reached $14 million. Announced in March this year, Abra is a brainchild of a seasoned technology entrepreneur Bill Barhydt. The former Netscape director said during the launch that he is looking....
Renowned remittance application Abra announces Bitcoin support. Abra announced the next phase of its global expansion at the North American Bitcoin Conference today. The plans are to enable Abra worldwide next month, activating global network of Tellers who can transact in over 50 currencies, including directly in Bitcoin. This means that anyone with a smartphone in any country can send or receive funds in most major currencies and can cash in or out of their Abra wallet, even without a bank account. Bitcoin has been a large part of and the key to Abra’s efforts, albeit not always....