Wednesday, June 25, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Bitcoin Will Slowly Rise Overtime Without Quick Influence By Scalability – BitMEX Research

by firstcryptonews
October 10, 2019
in News
Bitcoin Will Slowly Rise Overtime Without Quick Influence By Scalability – BitMEX Research

Since the crypto winter ended a few months ago, numerous traders, investors, and analysts have fielded theories suggesting that Bitcoin could make a serious jumpstart and head for the moon pretty fast. However, according to BitMEX, that’s unlikely to happen.

According to a recent study conducted by BitMEX Research, the analytics arm of the BitMEX exchange, Bitcoin will only grow slowly over time as opposed to a sudden movement that many have been expecting for months.

What Commentators Say
Many commentators have been quoted as saying that the introduction of various new Bitcoin-focused products would lead up to a sharp movement in the BTC market. Even more, people believe that the increased interest in Bitcoin by big market players from various economic sectors would be a huge force behind the said movement.

According to others, the advancement made in improving the scalability of the Bitcoin network is of great importance and could contribute to the growth. For example, the Lightning Network will improve Bitcoin’s usability and adoption even in the lower quarters of average users.

Improve Usage Of The Lightning Network
In its report, BitMEX taps into the possible impact of the Lightning Network and other solutions developed to improve BTC’s scalability. However, according to BitMEX, these technologies, especially SegWit and Schnorr signatures, need to work together to bring about an overall impact on the Bitcoin market.

This argument backs up that earlier made by Sam Mow, the CEO of Blockstream, that people need to use the Lightning Network more expansively. However, he noted that there’s no magic trick to jumpstart the growth of the network. It has to grow organically to make a long-term impact.

Long-term Focus
Currently, Bitcoin seems to be having a moment of uncertainty. It dropped below $8,000 over the weekend. Analysts are now looking into the long-term prospects with a strong focus on the upcoming Bitcoin network reward halving expected to occur in 2020.

Related Posts

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

by firstcryptonews
June 25, 2025
0

The BTC reserve will fund high-performance AI modules, multichain compatibility, and decentralized storage systems. Seattle, WA – June 25, 2025...

Atua AI Rolls Out Smart Automation Sync for Multi-Agent System Collaboration

Atua AI Rolls Out Smart Automation Sync for Multi-Agent System Collaboration

by firstcryptonews
June 23, 2025
0

Coordinated AI Agents Now Enable Seamless Workflow Execution Across Decentralized Environments Singapore, SG – June 23, 2025 – Atua AI...

FurGPT (FGPT) Powers Cross-Platform Recognition Tools for Smarter Virtual Companion Sync

FurGPT (FGPT) Powers Cross-Platform Recognition Tools for Smarter Virtual Companion Sync

by firstcryptonews
June 20, 2025
0

New tools allow AI pets to seamlessly adapt and respond across Web3 wallets, apps, and environments. London, UK – June...

Atua AI Builds Modular AI Control Stack for Scalable Decentralized Development

Atua AI Builds Modular AI Control Stack for Scalable Decentralized Development

by firstcryptonews
June 20, 2025
0

New Stack Architecture Enables Custom AI Deployment and Greater Automation Control Across Web3 Singapore, SG – June 20, 2025– Atua...

Atua AI Enhances Resource Allocation Intelligence to Optimize Protocol Operations

Atua AI Enhances Resource Allocation Intelligence to Optimize Protocol Operations

by firstcryptonews
June 19, 2025
0

Smarter AI Coordination Boosts Efficiency and Scalability Across Decentralized Workflows Singapore, SG – June 19, 2025– Atua AI (TUA), the...

Colle AI Enhances Creator Profiles With Configurable Publishing Infrastructure

Colle AI Enhances Creator Profiles With Configurable Publishing Infrastructure

by firstcryptonews
June 19, 2025
0

New publishing framework introduces tailored NFT drop settings, modular layouts, and improved audience engagement tools Seattle, WA – June 19,...

Next Post
Ripple CEO Brad Garlinghouse Is Sure Facebook’s Libra Won’t Launch Before 2023

Ripple CEO Brad Garlinghouse Is Sure Facebook’s Libra Won’t Launch Before 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

OPEN PROPRIETARY PROTOCOL(OPP) connects WEB 3.0 and the world.

OPEN PROPRIETARY PROTOCOL(OPP) connects WEB 3.0 and the world.

3 years ago
polker

Akon Shouts Out The Best “Play-to-Earn” NFT Game Polker (PKR)

4 years ago
Dreams Quest

Dreams Quest To Launch IDO

4 years ago

3 years ago
The Fusion of Crypto and AI: Exploring PantherAI

The Fusion of Crypto and AI: Exploring PantherAI

11 months ago
MNTG Wallet

MNTG Wallet – The Next Generation Blockchain Solution

4 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

Imagen Network (IMAGE) Secures $160M in Bitcoin to Build Decentralized AI Infrastructure at Scale

June 25, 2025

Press Release

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

vANY Emerges from Anyswap Rebrand Amid Industry-Wide Compliance Pressures

June 25, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News