Mastercard is enhancing the Engage program and Fintech Express platform, making it even easier for fintechs and enablers to partner with Mastercard1 to quickly build and deploy solutions globally.
iPipeline, a leading provider of digital solutions for the life insurance and wealth management industries, today announces the appointment of Adam Boone as Chief Financial Officer, who will lead the financial management activities for the growing global business.
Elavon, a leading global payments provider, today announces its expanded collaboration in Europe with FreedomPay, a global leader in Next Level Commerceâą technologies.
In a panel session discussing the current state of play of Request-to-Pay in the Nordics, Finextraâs head of research Gary Wright spoke with Per Nilson, business development manager at Bankgirot, Anders Olofsson, head of PaaS at Tietoevry Banking, and Paul Francis Walvik-Joynt, senior vice president of real-time payments at Mastercard.
Ahead of the anti-greenwashing rule coming into force on 31 May, the UK's Financial Conduct Authority (FCA) is supporting industry with guidance.
Chainlink is pleased to announce that the Chainlink Cross-Chain Interoperability Protocol (CCIP) has officially entered general availability (GA).
Marathon Digital Holdings announced that the company is "increasing its hash rate target for fiscal year 2024 from 35-37 EH/s to 50 EH/s."
The post Strike CEO Predicts Explosive Bitcoin Growth, Eyes Potential Seven-Figure Price appeared first on Coinpedia Fintech News Jack Mallers, CEO of Bitcoinâs Lightning Network wallet Strike, has made bold predictions about Bitcoinâs potential price surge, suggesting that the cryptocurrency could skyrocket by up to 1,486% to reach around $1 million during the current market cycle. However, Mallers highlights the significant impact of injecting liquidity into these markets could have. This might cause asset prices, including Bitcoin, to go up. Bitcoin Aim For $1Million In a recent interview on the David Lin YouTube channel, Jack Mallers shared his optimistic outlook for Bitcoinâs future, highlighting significant potential gains ranging from 297% to a staggering 1,486% to reach around $1 million during the current market cycle. Mallers believes that Bitcoinâs price will rise sharply because thereâs a limited supply of Bitcoin, making it more valuable as demand grows. He described Bitcoin as the âhardestâ money ever created due to its fixed supply, contrasting with inflation-prone fiat currencies. Lightning Network & Bitcoinâs Utility Mallers also discussed the Lightning Network and its transformative impact on Bitcoinâs utility as a global currency. He explained how the Lightning Network addresses scalability challenges by enabling faster and cheaper transactions, enabling real-time global Bitcoin transactions through Strike. Moreover, the Lightning Network can handle up to a million transactions per second, making it very efficient. This advancement positions Bitcoin as a practical medium for everyday transactions, not solely an investment asset. Bond Market Turmoil Further into the analysis, Mallers began by addressing the unprecedented challenges facing the bond market, suggesting that bondholders are facing substantial losses. âBondholders are getting demolished and crushed⊠So if that happens, itâs impossible to speculate on an asset as scarce as Bitcoin. But I think $250,000 to one million is the imagination I have in that range of just how big this can get.â Meanwhile, a significant part of the conversation centered on central banking systems and their influence on economies. Although Mallers criticized central banks for devaluing currencies and eroding individualsâ wealth, positioning Bitcoin as a revolutionary alternative that could empower individuals through a decentralized and stable monetary system. Skepticism Towards Altcoins In addition, Mallers also expressed skepticism about altcoins, including Ethereum, questioning their viability as true money. He viewed many altcoins as technological experiments rather than genuine monetary solutions, designed to capitalize on trends rather than provide substantive value. Mallers particularly criticized Ethereumâs shift to proof-of-stake, which he saw as a departure from its original vision as a neutral, immutable monetary system. Looking ahead, Mallers shared ambitious plans for Strike, aiming to position it as a leading financial service for Bitcoin amidst expectations that Bitcoin will become the worldâs reserve currency.