A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that period. According to India-based firm Research Dive, the increasing adoption of the IoT blockchain and the increase in operational efficiency among organizations are among the reasons for future market growth. What’s driving this trend? Worldwide IoT connectivity for data sharing is one of the catalysts for such a boost in the market. At the same time, service providing for better data transfer …

Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base. In a series of tweets on March 4, Armstrong illustrated how the developments that resulted in the mass adoption of the internet are similar to the work that is currently being done on cryptocurrencies. While he admitted that it is not clear which blockchain “will help get crypto from ~50M users to 5B,” he predicted: “The chain that manages to ship some of these scalability, privacy, decentralized identity, and developer tool solutions will have a big leg up.” …

Bitcoin (BTC) will reach $100,000 and Jamie Dimon will be “begging” the United States Federal Reserve for money to buy some. Those were just two of the predictions from Max Keiser on March 5, as the coronavirus outbreak sees financial markets tumble again. Keiser: 2020 is “part two” of the 2008 crisis Speaking on the latest edition of his RT news magazine, The Keiser Report, the well-known Bitcoin proponent said that global panic would have a profound impact on Bitcoin uptake this year. 2020, he explained, was “part two of the global financial crisis” which originally spawned the Bitcoin whitepaper …

Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed. In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the famously bullish PlanB said that it calls for a mid-term price tag of six figures — but how quickly or slowly Bitcoin gets there is “irrelevant.” PlanB eyes BTC price co-integration He was responding to criticism of what he believes will happen to BTC/USD after May’s block reward halving. As Cointelegraph reported, PlanB stated that he expects the event to have a catalytic effect on the price, just …

Bitcoin (BTC) is heading to at least $100,000 during the bull cycle which has already begun, one of the industry’s best-known analysts has confirmed. Speaking to RT financial news show the Keiser Report on March 3, Willy Woo said that described BTC/USD hitting $135,000 as a “common-sense prediction.” Woo to Keiser: BTC could soon clinch $250K Woo highlighted the cumulative average Bitcoin price as a particularly effective metric for forecasting future gains. “You go could 35 times the cumulative average of the price — and that’s actually picked every single top in the ten-year history of Bitcoin — right now …

Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of cryptos other than Bitcoin (BTC). In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin — Ether (ETH) and XRP. Tron CEO predicts that Bitcoin will cross $100,000 mark in 2025 When asked whether Sun has its crypto portfolio diversified, the Tron CEO answered: “I own a lot of XRP and Ethereum, too. I’m like a …

The renowned Mike Novogratz, founder of digital assets merchant bank Galaxy Digital, has once again voiced his predictions on the price of Bitcoin (BTC) in light of the impending Bitcoin halving set for May 2020. According to Novogratz, the inceptive cryptocurrency will likely breach the $20,000 benchmark in 2020. The prediction comes a couple of months after Novogratz stated that BTC would reach $12,000, right before the latest rally. Will Novogratz, who is known for his daring forecasts — most of which are not far off the spot — be right this time? As the Bitcoin halving approaches, analysts have …

Bitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18, this week saw Bitcoin’s ascending 50-day moving average cross over its 200-day moving average. Bitcoin 1-year price chart with 50 and 200-day moving average. Source: TradingView Known as a “golden cross,” the phenomenon is a rare occurrence for the cryptocurrency. Despite BTC/USD shedding almost $1,000 in recent days, Wareing is anything but bearish on short-term profit potential. “Last time this happened #Bitcoin pumped 170% in under 60 days,” he …

Bitcoin (BTC) is going to hit a giant $400,000, celebrated TV host Max Keiser has said as he raises his price target for the first time since 2012. Speaking on news information show Infowars on Feb. 17, Keiser told host Alex Jones that his old prediction of $100,000 was now too conservative. He told the show: “I am officially raising my target for Bitcoin — and I first made this prediction when it was $1, I said this could go to $100,000 — I’m raising my official target for the first time in eight years, I’m raising it to $400,000.” …

Bitcoin (BTC) has the potential to reach and even surpass its all-time highs of $20,000 by May’s block reward halving. That was the opinion of Mike Novogratz, the serial venture capitalist who has stayed consistently bullish on BTC. Novogratz: Bitcoin “best brand of the past 11 years” Speaking to CNBC in an interview on Feb. 14, Novogratz called Bitcoin the “best brand of the past eleven years” and said 2020 will be the year it challenges $20,000 once more. “Right now, Bitcoin feels a little frenzied and we could see it surge up, but I think that by the end …

Today popular market analyst and Cointelegraph contributor filbfilb joined veteran trader Tone Vays on his YouTube trading channel. During the discussion, each trader discussed their long and short-term vision of Bitcoin’s price (BTC) action, along with the various trading indicators and styles they use. According to Vays, Bitcoin’s price action on the weekly time frame remains strongly bullish as Bitcoin broke through multiple levels of resistance and is still on six on the TD Sequential indicator, which is favored by Vays. BTC USD weekly chart. Source: TradingView Vays also pointed out that Bitcoin pulled above a critical descending trendline at …

Bitcoin (BTC) would benefit from global central banks issuing their own cryptocurrencies, the founder at the world's largest digital asset manager believes. Barry Silbert, founder and CEO of digital currency asset manager Grayscale Investments and blockchain venture capital firm Digital Currency Group (DCG), has again expressed his bullish stance on Bitcoin in the latest Grayscale investor call on Feb. 12. During the call titled “The State of Digital Currencies,” Silbert spoke of a number of important digital asset-related issues including Bitcoin’s role in generational shift in wealth, stablecoins, decentralized finance and central bank digital currencies (CBDC). What are central bank …