One of those factors: an anticipated upgrade expected to be bitcoin's biggest in four years
China’s Supposed ‘Bitcoin Ban’ Fails To Crash Market As Twitter Adds Crypto Payments In Historic First
Other analysts also spoke to the Taproot upgrade, with Armando Aguilar, vice president of Digital Assets Strategy for“Taproot will give greater transaction privacy as well as efficiency,” he stated.“Investors have become bullish on the latest upgrade, pushing the digital asset to new ATH in addition to macroeconomic factors,” said Aguilar.“The Taproot upgrade will have a substantial impact on the future growth and usage of Bitcoin and will increase the adoption rate dramatically,” he stated.
“While the Taproot upgrade marks a major shift in how the Bitcoin network will operate, especially in terms of transaction fees and smart contracts integration, the main forceful driver of the current run is a whole different fundamental.” “Investors are exploring the options that cryptocurrencies, particularly Bitcoin, provide as a viable hedge against inflation,” he stated.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Bitcoin Hits Latest All-Time High Close To $69,000 As Multiple Factors Drive GainsBitcoin prices climbed to their latest zenith this morning. Several analysts spoke to these latest price movements, offering their take on what pushed the digital currency higher.
Les mer »
Biden hits the road with Baltimore port stop to promote infrastructure winThe president was expected to use his visit Wednesday to highlight what is to come with further investment in the country’s shipping infrastructure.
Les mer »
'Hamilton of the favelas' hits headlines in BrazilA young Black driver on Brazil's motor racing circuits has won the moniker 'Hamilton of the favelas' and the popular prospect says he is inspired by seven-times world champion Lewis Hamilton to travel the same path on and off the track.
Les mer »
Comcast Xfinity internet outage hits customers across the USIf your Tuesday morning started out with internet connectivity problems, it's not just you.
Les mer »
Asia stocks slip after Wall Street hits another recordTokyo, Hong Kong and Seoul declined while Shanghai advanced.
Les mer »
Petition to Keep James Corden Out of Wicked Film Hits 40k SignaturesSomething Wicked this way does not come for James Corden, if a new online petition has anything to say about it (via toofab)
Les mer »