The recent Bitcoin price surge has made many crypto bulls including McAfee and Andy Cheung to believe that Bitcoin will surge to set new all-time highs way above the ‘conservative’ $20,000 in 2019.
Growing demand for Bitcoin cold storage leads to extreme popularity of Xapo’s services: the company holds 7% of the total Bitcoin supply.
Members of the bitcoin community, including investors and executives, are having a huge impact on the future of the industry, promoting awareness and mainstream adoption.
Casares’s appointment increased PayPal’s board to 9 members.
Xapo gained $40 million in funding, the record sum in the bitcoin sector.