First Mover: Why Is Bitcoin’s Price Rising? Here Are a Few Possible Answers

Institutional adoption is the buzzword du jour, probably a factor in bitcoin's price rally close to $20,000, and not even really happening yet.  

Despite the dip, these five factors have continued their contribution to bitcoin’s rising price.

Many enthusiasts see the blockchain as a perfect solution to address a lot of problems in different sectors. But at the same time, industry experts think the first-mover advantage doesn’t apply to blockchain technology right now. First-Mover Disadvantage? Though the blockchain industry has seen a lot of attention from financial institutions and other....

There are more than just bitcoin price spikes and capital gains that stemmed from the ongoing currency wars. Bitcoin and its users are, in fact, on a bigger mission: providing refuge for currency war hostages. ‘Bitcoin Isn’t Just An Economic System’. The trajectory of bitcoin has changed over the years. In the beginning, people were curious about Bitcoin’s real-life applications. And the common answers from thought leaders would be in the area of remittance services and general buy-and-sell activities on the Internet. Indeed, these bitcoin applications hold significance importance in the....

It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.