Report: Bitcoin Transactions to Hit $92b This Year

But the biggest trump card – pun intended – is the potential presidency of Donald Trump. If he were to become President of the US, there is a big chance for global market turmoil. In fact, his Presidency is a Top 10 Global Risk, just to give people an idea of how bad that outcome would be
The Bitcoin ecosystem is always evolving, and it looks like we are on track to set a new transactions record in the year 2016. A report by Juniper Research indicates the number of Bitcoin transaction will surpass the valuation of US$92bn this year. That is quite an achievement, considering we only reached US$27bn in 2015.
There is no denying the number of Bitcoin transactions on the network is increasing. More and more people have taken an interest in this cryptocurrency over the past 18 months. Sending and receiving of funds, as well as miners receiving block reward payouts, continue to increase in number. That being said, such a spectacular increase was not something most people had anticipated.

This post was published at NewsBTC on 2:08 pm July 4, 201.

Comments are closed.