What lies ahead for crypto and blockchain in 2021? Experts answer
Here's what industry leaders foresee in the development of the blockchain technology and crypto space in 2021. It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move forward by correcting our mistakes and weaknesses. That’s what we always do. Undoubtedly, the major driver of our development this year was the COVID-19 outbreak. The effects of the ongoing global pandemic on every aspect of....
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Here’s what crypto and blockchain experts from China think about the role of emerging technologies in the future of finance. This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here. When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of blockchain technology is comparable to the revolution brought on by the invention of the internet back in the 1980s. Starting as a niche space for....
Crypto Chi is a combination of financial innovation, libertarian and capitalist ideology, and human empowerment. Throughout 2020, we saw a consistent flow of news about legacy finance, major investment companies and large corporations looking to enter the digital assets industry. The value proposition for investing in Bitcoin (BTC) and other digital currencies started to move beyond just a store of value or thinking of Bitcoin as a commodity like digital gold.In 2021, we’ll see the market’s understanding of Bitcoin maturing even further. The narrative will shift from a store of value to a....
Here’s what crypto and blockchain industry experts think about Tesla’s recent $1.5 billion investment into Bitcoin. While 2020 was a significant year for Bitcoin (BTC), the just-begun year of 2021 is already full of great surprises. On Feb. 8, Bitcoin’s price jumped by almost $3,000 in minutes, then it surged 20% in 24 hours — all due to the news of Elon Musk’s Tesla allocating $1.5 billion of its balance sheet to BTC. The same week, the oldest bank in the United States, Bank of New York Mellon, announced plans to hold, transfer and issue Bitcoin. Mastercard is also planning to support....
Bitcoin bulls have repeatedly claimed that the cryptocurrency price will hit $20,000 shortly. While many analysts believe it would happen, some disagree.
Bitcoin is a hot topic of discussion these days and so is the technology behind it, which is also known as blockchain. While the market experts view both of them with interest, several experts are now focusing solely on the blockchain technology. Considering these developments in mind, several Bitcoin users are now thinking over the future of this digital currency. Jeff Garzik who is the CEO of Dunvegan Space Systems was asked by the IBTimes UK on how the Bitcoin could be adapted in the future. His answer shows that even experts feel that it is too early to build an opinion on this issue.....