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@ebidelii

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Cathie Wood: Bitcoin Price Will Reach $750,000 or $1.5 Million by 2030! Ark Invest CEO Cathie Wood believes the US economy is emerging from a three-year cyclical slump caused by the Federal Reserve’s rate hike. She is optimistic about the future, citing productivity growth, especially in the area of ​​productive artificial intelligence. Wood reiterated Ark Invest’s long-term Bitcoin price forecast, setting a target of $1.5 million for a bullish scenario by 2030. She also says that Ark Invest’s base-case Bitcoin price target for 2030 is in the range of $700,000 to $750,000. This forecast is based on factors such as institutional acceptance, limited supply and market share capture from gold. She emphasized that institutional investors are just entering the market and there is a lot of growth potential. The analysis was provided by David Puell, an analyst at Anchin Ark Invest, and was mentioned by Wood in an interview with CNBC.
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Bhutan, the first country in the world to fully embrace digital currency for tourism In an unprecedented move, Bhutan has launched the first national digital currency-based payment system for the tourism industry in partnership with Binance Pay and DK Bank. Under the scheme, tourists can pay for everything from flight bookings and visas to buying handicrafts in rural markets with over 100 cryptocurrencies such as Bitcoin (BTC), BNB and USDC. The payment system, which covers over 100 Bhutanese shops, is made using a QR code scan via the Binance app, with DK Bank ensuring instant settlement in local currency. This innovation has created a unique opportunity to connect to the global market, especially for small businesses and rural vendors who previously lacked access to digital payment infrastructure.
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Lucky Coin, Litecoin, and Bitcoin The developers used the code of another cryptocurrency known at the time, Lucky Coin, to create Dogecoin. Therefore, it can be said that this cryptocurrency was actually a fork of Lucky Coin. Lucky Coin itself is a fork of Litecoin, and Litecoin is a fork of Bitcoin. Since Lucky Coin had a random block reward system (i.e., miners' rewards were not fixed like Bitcoin and Litecoin), it was not clear how much a miner would receive for each block; this number could range from zero to thousands of units. To keep Dogecoin a joke, Palmer and Marcus, the two founders of the project, implemented Luckycoin’s random block feature into their cryptocurrency, hoping that the randomness would annoy miners and prevent them from using the token as a long-term payment solution. The founders of this joke never intended to create a multi-billion dollar cryptocurrency; but it became a multi-billion dollar one.
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