Also Read | The global drive to reimagine capitalismBitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. There have been more than 38 million transfers this year of less than $1,000 of bitcoin into personal wallets, according to Chainalysis. “This bull run feels very different," said Pascal Gauthier, chief executive of cryptocurrency-hardware maker Ledger. Anyone can download and run the program and become part of the network, but no party has control to make unilateral changes. Although increasingly bold price predictions proliferate, canny insiders are wary of bitcoin’s regular tides and say its notorious volatility hasn’t disappeared.

Source: Mint December 25, 2020 04:05 UTC