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As at Jan 2020, Forbes reports:It’s the season of Bitcoin price predictions.Only days after Nexo co-founder Antoni Trenchev made the case for a $50,000 Bitcoin price in 2020, Bitpay Chief Commercial Officer Sonny Singh has also shared his belief that the crypto asset will hit new all-time highs this year.Notably, Singh shared what turned out to be a correct prediction that Bitcoin would get close to $15,000 in 2019 with Bloomberg a little more than a year ago.“This year, I’m going to make a prediction,” Singh told Bloomberg’s Taylor Riggs on Wednesday. “I think Bitcoin passes the all-time high and goes past $20,000 this year.”Bitcoin Price Will React to an Unforeseen EventWhile most other Bitcoin pundits have pointed to the upcoming halving as the main catalyst for a Bitcoin price pump in 2020, Singh offered an alternative theory. The halving event is expected to occur in May, and it will cut the number of new Bitcoin that are created roughly every ten minutes in half.“The technical and high-frequency trading is what drives this market in Bitcoin,” said Singh. “Any time you have an unforeseen circumstance like the Iran incident that happened a couple of days ago that adds new buyers to the market, they weren’t expecting that and that bumps it up. And that little bump actually in buying pressure really drives it to be up, next thing you know, 20% in two days.”April | COVID-19 | BitcoinThe past three months of the year have been a rollercoaster ride across the world as the COVID-19 pandemic set the global assets and economies at a standstill or regressing pattern. Assets across the board including stocks, gold and Bitcoin (BTC) have suffered during this time setting record volatility levels across the month of March.Over the past 30-days, the S&P 500 volatility reached an all-time high in the average daily volatility recording 4.82%. While remaining relatively stable during the capitulation in asset markets, gold still set its highest 30-day average volatility witnessing an average of 2.36% – highest since September 2011.As it has become customary, Bitcoin has historically seen high volatility and March was no different as the top crypto set its highest volatility since the end of 2013.Volatility means some people make profit while others lose . Rather than watching my coins go to zero, I put them to use on OptionCoinMart[1] , easily receiving considerable returns.Footnotes[1] Home

Time and time again, attention has been on Charlie Lee, the co-founder of Litecoin who has been criticized and praised in equal measure. He might have sold his stash back in Dec 2017 and issued a warning to potential investors that LTC could crash back to $20—it did and now some call him the modern-day Nostradamus. Despite is unexpected actions, many got to learn what they were investing in and the many similarities between Litecoin and the grand dad of them all, Bitcoin.The team is actively promoting Litecoin as silver to Gold and are adamant that the fifth largest coin is in no way a competitor to Bitcoin rather, a complementing currency. Encouragingly, their effort is paying generous dividends because they are making strides and merchants are finally seeing benefits. As a result of adoption, network development and rival of BTC, Litecoin (LTC) is also pumping. Merchants seems to be attracted to LTC’s low fees, security and near instantaneous on-chain transactions.* Lightning Network and LitecoinOn the other hand, it can be because of their positive symbiotic relationship with Bitcoin and the atomic swap capability that the Lightning Network allows. As this off-chain, highly scalable solution pick momentum, there will be two winners when it graduates from Beta leading to an immediate expansion of capacity—Bitcoin and Litecoin. The Litecoin Lightning Network (LN) may not be as stellar as that of Bitcoin—it is registering double digit gains increasing number of nodes and general capacity as mentioned, but integration at Jack Dorsey’s Cash App will be immense for Litecoin thanks to atomic as well as sub-atomic swaps. Just to quantify, there are more than 4,500 merchants that accept Litecoin Lightning payments. After a pilot phase with a VPN provider, SurfShark, CoinGate is ready to integrate Litecoin LN payments and here is what they had to say:“Since the launch, we saw over 30,000 created orders to pay with Lightning which suffice as a strong sign that both our customers and the crypto community have a keen interest in this development. Seeing the huge potential, it has, we decided to keep developing the feature, but this time, for Litecoin.”*All about AdoptionApart from that, the only measure of Litecoin success is adoption levels. Their social media campaign, converted a few but it is the organic growth which is really impressive. Further complementing CoinGate and LN integration is the fact that Spend app is opening up door for actual expenditure of Litecoin.It is not merchants alone. Real estate brokers and agents are finding Litecoin irresistible. In Philippines, the owners of four properties are selling their house and are accepting Litecoin and Bitcoin as settlement.At the same time, Oklahoma-based Bob Moore Subaru in collaboration with Aliant Payment now accepts Litecoin as payment.Also, there are several cryptocurrency investment companies surfacing in the cryptospace that believe in the future potential of Litecoin and other cryptocurrencies. For example, the Cryptobond company (www.cryptobond.tech), a trusted billion-dollar investment company that pays double your cryptocurrency investments after 7 days. This is done in the bid to increase the adoption of cryptocurrencies.