Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

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The capacity of the Lightning Network, a micropayment channel that is compatible with Segregated Witness (SegWit) and a layer two scaling solution deployed on top of the Bitcoin protocol, has increased by 68 percent in the past 30 days. Irek Zielinski, a software developer, and Bitcoin researcher, revealed the total sum of micropayment channels on…

BitMEX CEO, Arthur Hayes: $50,000 Bitcoin Price Target by End-of-Year

BitMEX CEO, Arthur Hayes: $50,000 Bitcoin Price Target by End-of-Year

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Arthur Hayes, CEO of BitMEX, appeared on CNBC and predicted that the world’s leading cryptocurrency will reach a valuation of $50,000 by end-of-year. From Wall Street to Crypto A Wharton School of Business graduate, Arthur Hayes has built a reputation on his ability to trade traditional financial instruments. Arthur Hayes, CEO of BitMEX Soon after…