Blockstream

The post Could Cardano (ADA) Price Fall 90%? Blockstream CEO Predicts Massive Plunge appeared first on Coinpedia Fintech News Adam Back, the Blockstream CEO and a prominent figure in the Bitcoin community, has made a bold and alarming prediction about Cardano (ADA). According to Back, ADA, the native token of the Cardano blockchain, could see its price plummet by as much as 90%. This forecast comes amidst a heated debate within the cryptocurrency space, particularly in light of recent comments…

The post Bitcoin Price Hit New ATH This Weekend – Predicts Blockstream CEO appeared first on Coinpedia Fintech News Blockstream CEO Adam Back is bullish on Bitcoin and predicts a new ATH this weekend. As per the recent tweet, the odds are high for Bitcoin prices to reach new highs this long weekend.Adam Shared the top catalyst fueling BTC Price; first, traditional markets are closed and thus GBTC cannot be dumped. Second, the coinbase won’t crash again as the volume…

Adam Back – CEO of Blockstream – announced on Friday that his company will construct a $12 million Bitcoin mining facility. The project is a joint effort with Jack Dorsey’s Block and it will leverage renewable energy technology originating from Tesla. A Triple-Threat Bitcoin Partnership Adam Back is one of Bitcoin’s original developers, who many suspect of being Satoshi Nakamoto himself. The CEO is the man behind Hashcash, which is the basis of proof-of-work mining that secures Bitcoin today.   However,…

Samson Mow – Chief Strategy Officer at Blockstream – announced on Tuesday that he is leaving the company. Going forwards, he will continue working on other Bitcoin-related projects, while supporting its adoption by nation-states, such as in El Salvador. So Much Bitcoin; So Little Time The Bitcoin expert explained the details of his departure in a Twitter thread, showing pride in the work he has achieved at Blockstream. Mow spent five years with the company, which provides Bitcoin network infrastructure…

On the 2nd April 2020, the Blockstream Co-Founder and CEO, Adam Back, took to his Twitter account to address the upcoming Bitcoin halving issue. The halving will take place on the 13th of May 2020. Adam pointed out that just as central banks worldwide are doing enormous amounts of qualitative easing (QE), Bitcoin will do what he calls qualitative hardening. He claims that this qualitative hardening will occur next month with Bitcoin’s next block reward halving. The Bank of England…