News Bitcoin still the gold standard of cryptocurrencies, expert tells...

Bitcoin still the gold standard of cryptocurrencies, expert tells Boom Bust

-

- Advertisment -

The price of the world’s most popular digital currency, bitcoin, has climbed above the psychological $10,000 mark overnight. Its total share of the crypto market is now the highest since March 2017.

RT’s Boom Bust is joined by Aly Madhavji of the Blockchain Founders Fund to discuss the future of FinTech. He explains that the virtual currency’s sharp rebound came amid global economic and geopolitical uncertainty.

Madhavji says that many countries such as Malta, Singapore, Switzerland, and even Portugal have made positive strides on their crypto regulation. Existing and new upcoming crypto exchanges are choosing to leave or not enter the US, he adds. “So, this is definitely a problem where many companies are not focused on the US now and it is a big risk for the United States to fall behind.”

Madhavji says that “bitcoin is still the most stable for miners and the most consistent.”

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Yield Farming Program “Volcano” Kicks off Dutch Auction for Cryptokitties KittieFIGHT Game

In the fall of 2017, along with the rallying of Bitcoin and other digital assets, Cryptokitties dominated...

Ministry of Foreign Affairs of Denmark may use Blockchain to tackle corruption

We have already moved to the stage in our lives where technology plays an important role in...

What Lessons Can The World Learn From Venezuela’s Newfound Love For Crypto?

It is often the case that great changes are forced out of necessity, rather than a willingness...

How Bitcoin Capitalization Affected In 2020 on the Quarantine Background

Although the weeks of quarantining are gradually easing off, the impact of dealing with the deadly coronavirus...
- Advertisement -

Seamless Crypto Exchange HolyTransaction Allows Gridcoin Staking

In today’s world, the time value of money is very important and everyone likes to earn a...

How to Use Big Data Analytics Against Rising Cyber Security Attacks?

Big data and big data analytics have many implications across verticals. The use cases range from optimizing...

Must read

- Advertisement -

Read Next
Recommended to you