Stablecoin

2024

Bitcoin

<ul class="wp-block-list news-points">
 <li><strong>Bitcoin’s mining difficulty has surged 378% in three years, dominated by large companies.</strong></li>
 <li><strong>Stablecoin growth and regulation could drive Bitcoin’s adoption as a currency by 2030.</strong></li>
 <li><strong>Bitcoin’s volatility is expected to drop after the 2028 halving, boosting its use as cash.</strong></li>
</ul>
<p>CryptoQuant CEO Ki Young Ju predicts that Bitcoin will be used as a currency by 2030. He believes this will happen as Bitcoin’s volatility decreases and its ecosystem matures.</p>
<p>Ki Young Ju highlights that <a href="https://coinedition.com/bitcoin-accumulation-phase-signals-upcoming-surge-analyst/" rel="noopener noreferrer nofollow">Bitcoin mining</a> has become more competitive. Mining difficulty has increased by 378% in the past three years. In 2009, a single PC could mine 50 BTC. Today, large companies with institutional backing dominate mining due to high entry barriers, pushing smaller miners out.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> will likely be used as a "currency" around 2030.<br><br>Bitcoin's mining difficulty, which reflects the intensity of competition, has consistently hit all-time highs, increasing by 378% over the past three years.<br><br>While 50 BTC could be mined with a single PC in 2009, it has… <a href="https://t.co/lY8pRreZCl" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/lY8pRreZCl</a></p>— Ki Young Ju (@ki_young_ju) <a href="https://twitter.com/ki_young_ju/status/1849350184100331556?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 24, 2024</a>
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<h2 class="wp-block-heading" id="h-institutional-investment-may-reduce-volatility">Institutional Investment May Reduce Volatility</h2>
<p>Ju notes that as inst…</p>
<p>The post <a href="https://coinedition.com/bitcoin-will-be-used-as-currency-by-2030-predicts-cryptoquant-ceo/" rel="noopener noreferrer nofollow">Bitcoin Will Be Used as Currency by 2030, Predicts CryptoQuant CEO</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin Will Be Used as Currency by 2030, Predicts CryptoQuant CEO

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