According to a recent research report by Bridgewater Associates, Bitcoin’s price could theoretically rise by at least 160% if allocations towards gold are diversified into Bitcoin instead. Exploring a hypothetical scenario where investors move some portion of their gold holdings into the cryptocurrency, the Bridgewater analysts concluded that this would hike the price of the...Read More
Jack Dorsey’s crypto division is focused on giving developers greater flexibility with Bitcoin and Lightning Network technology to streamline bitcoin wallets. | Credit: AP/Francois Mori Square Crypto is building a Lightning Dev Kit that will give developers more flexibility for Lightning tech and bitcoin wallets. Square’s crypto arm expects that bitcoin payments will overtake cash....Read More
The value proposition of Bitcoin has long been questioned by its cynics.Unlike traditional assets, the cryptocurrency doesn’t generate cash flow, pay out dividends, produce a fixed yield, or have a maturity date. And unlike recognized forms of money, Bitcoin isn’t backed by the power of a government or some asset, like gold.But, Bitcoin’s underlying value...Read More
