It’s no secret that 2018 has been a tough year for the crypto markets, with Bitcoin dropping from highs of nearly $20,000 in late-2017 to recently established lows of $3,200. The market’s poor performance has led investors, analysts, and traders alike to ponder what impetus will be able to drive the markets back to their… Continue reading BitPay CEO: Mass Crypto Adoption Could be Right Around the Corner
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Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
Stephen Pair, the CEO of BitPay, declared that speculation is a substantial Bitcoin price driver, while “actual utility” is not. The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13. Speaking on the reasons behind… Continue reading Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally
The chief operating officer of global bitcoin payment service BitPay is not worried about the latest downward moves in the price of the largest cryptocurrency by market capitalization. Sonny Singh expects Bitcoin to surge towards the $15,000-$20,000 area over the next year as institutional incumbents launch blockchain-powered products. BitPay CEO Says Fidelity, Bakkt, Square, Blackrock,… Continue reading BitPay CEO: Fidelity and Bakkt Will Drive Next Major Bitcoin Rally