Paris Blockchain Week, a three-day insider event featuring panels, discussions, and presentations from a diverse group of global industry leaders, has now concluded its fifth annual gathering.
Cointelegraph was on site to capture the highlights, and there were plenty. As we turn the page in our calendars and begin preparing for the next big event — the Bitcoin halving predicted to occur on or about April 20 — here’s a recap of what you missed in France at Blockchain Week.
BTC to hit $250K?
Venture capitalist and Tim Draper, whose list of unicorn investments includes such noteworthy companies as Tesla, Baidu, Coinbase, and Twitch, believes Bitcoin could thrash its current all-time-high price of around $72K per coin by the end of the year.
“If I had to predict, maybe we could see $250,000 by the end of the year; I mean, it’s looking pretty good,” Draper told Cointelegraph in an interview.
Crypto market to hit $100T?
If Draper’s cool quarter-million prediction for BTC isn’t bombastic enough, eToro CEO Yoni Assia told Cointelegraph they believed the global cryptocurrency market would reach a capitalization of $100 trillion over the next decade. For comparison, gold, the precious metal, has a global market cap of about $16.18 trillion as of the time of this article’s publication.
But that might not be the most interesting prediction Assia gave us. They also told us that “the crypto community will be the first to identify singularity,” a hypothetical point in future human history where an artificial intelligence (AI) entity becomes effectively more capable (or intelligent) than any human, “because it’s very hard to define what consciousness is.”
Binance turns the page
Many companies wouldn’t face having to pay a $4.3 billion settlement to the U.S. government with optimism and aplomb, but Binance has moved on.
According to Binance executive Catherine Chen, the company is looking forward to the challenges it faces in the wake of the settlement. During a panel discussion moderated by…
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