Tech giants at the helm of bitcoin boom - Patrick O’Brien

Tech giants at the helm of bitcoin boom - Patrick O’Brien

Patrick O'Brien, EXANTE's Communication Director and the journalist, released another article.

A lot has changed since everyone and their aunt started panic-buying cryptocurrencies back in December 2017. 

Some people are still holding on to their coins, waiting for the next big wave, but for many, there is no doubt that the initial enthusiasm for cryptocurrencies has long since worn off. Up until recently, most big tech firms had relatively little involvement in the cryptocurrency industry, but now, it looks like many of them have merely been biding their time.

Over the past few months massive companies, including Facebook, Yahoo, Google and even Amazon, have showed increased interest in the potential uses and applications of cryptocurrency. Bitcoin could rise to €10,712 over the next two weeks due to its current market structure and the upcoming debut of Facebook’s GlobalCoin cryptocurrency. 

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