What’s Next for Bitcoin?
Blockchain technology is making a revolution that’s slowly paving the path towards a connected world. The innovation brought about by blockchain has opened up new doors for many industries all around the globe. If you’re interested in a Bitcoin merchant account, this article will tell you how to obtain one fast and easily.
On June 18, 2018, the European Union’s Blockchain Observatory is going to host its first “Ask Me Anything” session on cryptocurrency. The event is signaling the current immense interest in the technology.
When it comes to investors, they’re trying to see what kind of meaningful trend will eventually emerge for Bitcoin since it has rather volatile nature. Bitcoin’s initial price was set at less than $0.01 in 2010. Then, on 16 December 2017, it reached $19.343.04. However, it has since fallen to $6.877.86 as of 11 June 2018. On June 13, 2018, Bitcoin futures on Deribit exchange were trading at 6250 USD.
The BTC price was set at low 5957 USD on February 2, 2018. The high for this year 2018 was registered at 11700 USD level in late February and in early March. Buying around current 6000 USD could see a doubled price in the near future.
What about merchants on the lookout for a bitcoin merchant account? Well, just turn to a reputable merchant services provider and you’ll get the best deal for your business. A really good specialist in the field can get you a reliable merchant account at the lowest rates and with the best terms in the industry.
Look for a payment processing company that offers merchant services tailored to your own specific business wants and needs.
Overall, cryptocurrency is still an incredibly large economy. At its peak, the Bitcoin model accounted for a wave of new cryptocurrencies or “altcoins.” The market cap for Bitcoin is at $117.54m. Ethereum, its closest competitor, represents a considerable market cap of $53.87m.
If you’re a future trader of Bitcoin or intend to be, make sure to stay on top of the situation all the time so to be able to make the right decision. Be ready to buy or sell on short notice.
Author Bio: Electronic payments expert Blair Thomas co-founded eMerchantBroker, serving both traditional and high-risk merchants to help them get a Bitcoin merchant account. His passions include producing music and traveling.