RATE Group | More On-Ramps, Liquidity, Options: Why Bitcoin’s Next Bull Run Will Be Different
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More On-Ramps, Liquidity, Options: Why Bitcoin’s Next Bull Run Will Be Different

17 Feb More On-Ramps, Liquidity, Options: Why Bitcoin’s Next Bull Run Will Be Different

Posted at 03:33h in Cryptocurrency News by

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More On-Ramps, Liquidity, Options: Why Bitcoin's Next Bull Run Will Be Different

Bitcoin’s next bull run will look very different from the last one. In 2017, BTC took the elevator to $20K before following the stairs down to $3K over the course of 12 months. In 2020, as bitcoin prepares for its halvening – followed by another potential price run – the cryptocurrency landscape looks very different. Here’s what’s improved since 2017.

Also read: Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC

More Fiat Gateways

In 2017, getting funds into crypto called for routing them via dubious banks, paying dearly for the privilege, and often waiting days for the transaction to clear. In 2020, most exchanges have in-built fiat gateways, with new fiat currency options being added on a weekly basis. This week alone, Binance has added another 15 fiat currency pairs after payment processing partner Simplex expanded its fiat on-ramp. Similar ones in place at Bitcoin.com and on exchanges like Kucoin and Bithumb enable investors…

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