Bitcoin OG bets surprising sum on BTC hitting $100K before the halving

    Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event. Blockstream CEO Adam Back, one of the crypto’s early pioneers, is pretty confident Bitcoin will hit an all-time high of over $100,000 before Bitcoin’s halving in 2024 — and is willing to…

    Venture capital’s ICO gambits left Bitcoin ecosystem underfunded — Adam Back

    Venture capitalists have favored ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. nitial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant toward non-Bitcoin investments by venture capitalists (VCs) over the past five years. Blockstream CEO Adam Back highlighted the…

    Bitcoin could hit $10M in 9 years but more sidechains needed: Blockstream CEO

    If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion. Blockstream CEO Adam Back believes the price of Bitcoin (BTC) could reach $10 million by the end of the sixth halvening in 2032, as long as Bitcoin layer-2 technology and wallet infrastructure improves. In a Feb. 12 Twitter…