Bitcoin (BTC -0.01%) as a payment option could be going mainstream faster than you may think. Speaking at Yahoo Finance’s All Markets Summit, Suresh Kumar, the global chief technology officer of Walmart (WMT 2.02%), discussed some of the ways the giant retailer is planning to make crypto a key part of its future payments strategy, both for physical and virtual goods. As Kumar noted, “Crypto will become an important part of how customers transact.”  Bitcoin, as the most popular crypto for… Source link

Litecoin price analysis shows signs of an uptrend, as the price underwent a further increase in the last 24 hours. The price is on its way toward revival and has recovered up to the $52.13 mark during the day as the bullish trend has gained stability. The past week has proved to be highly supportive for the buyers. A constant uptrend has been on the rise, and a similar trend is observed even today. Further recovery is possible if the buyers remain persistent in their efforts Cryptocurrency… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

BitMEX co-founder Arthur Hayes says leading Ethereum (ETH) competitors probably don’t stand a chance of taking out the leading smart contract platform. In a new interview with Crypto Banter, Hayes says some of the leading layer-1 Ethereum rivals could present good trades next cycle, but don’t have long-term potential to overtake ETH in terms of market cap. “It would make sense to allocate to one or more of these things at the bottom, because they’re going to go up fast…. Source link

Bloomberg Intelligence’s senior commodity strategist says bitcoin “may be entering an inexorable phase of its migration into the mainstream.” In addition, the cryptocurrency may also “be entering unstoppable maturation stage,” the strategist added, expecting the price of bitcoin to continue to rise over time. Bitcoin’s ‘Unstoppable Maturation Stage’ Bloomberg Intelligence’s senior commodity strategist Mike McGlone provided his outlook for bitcoin this week. Citing… Source link

Major cryptocurrencies were trading slightly higher early on October 23, with the global crypto market cap at $923 billion, up more than 0.5% from the previous day. In the last 24 hours, the total cryptocurrency market volume was $32 billion, a 39% increase. The leading cryptocurrency, Bitcoin, is consolidating near $19,216, having gained less than 1% during the Asian session. BTC has formed a symmetrical triangle pattern, and a… Source link

This is an opinion editorial by Robert Hall, a content creator and small business owner. The last few months have not been great for the bitcoin price. Bitcoin continues to languish around the $19,000 to $24,000 range with no end in sight. Bear markets are a time when your conviction will be significantly tested. People new to bitcoin may think the economic pain is too much and want to tap out to cut their losses. Others will see the price of bitcoin hanging out in the doldrums and decide not… Source link

Bitcoin — a popular cryptocurrency created in the late 2000s by developer/s Satoshi Nakamoto — can be complex in terms of operations. One can say Bitcoin is a digital currency that uses cryptography to record transactions. One can also say that underlying blockchain tech adds uniqueness to Bitcoin. It can also be said that Bitcoin is all about the absence of any intermediary like banks, with full control of operations in the hands of the people. The situation right now is such that even… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the fifth consecutive week of either flat prices or losses, but flatness suddenly looks a little more promising than usual. New data from Kaiko finds that Bitcoin is less volatile than equities for the first time in two years, as BTC appears to be decoupling from the stock market.  Bitcoin and Ethereum each barely budged (up less than 2%) in the past seven days. BTC currently trades for $19,202, while ETH changes hands… Source link

One indicator suggests that market participants are loading up on Bitcoin (BTC) and Ethereum (ETH) for the long haul, according to the crypto analytics firm IntoTheBlock. Lucas Outumuro, the firm’s head of research, notes in a new analysis that the top two crypto assets continue to witness exchange outflows, though this week’s levels were at a reduced pace compared to previous weeks. Source: IntoTheBlock Exchange withdrawals potentially point to accumulation by investors… Source link