Bitcoin (BTC) and digital currency adoption are increasing every day. The currency and its underlying technology – blockchain – are becoming very popular. Hence, it is now going mainstream. Bitcoin came into the digital currency space about ten years ago. The digital currency has experienced a lot of ups and downs all through its existence. However, the biggest Bitcoin bull run took place in December 2017. With the developments in the industry, many are expecting another Bitcoin bull run and crypto bull run in the short-term.
While Bitcoin and cryptos have gone global, it is still yet to be adopted in several nations across the globe. The good news is that many countries are now seeing the benefits of this technology. As a result, more nations are beginning to adopt digital currency. This might trigger the next crypto bull run and Bitcoin bull run, as well as Tim Draper Bitcoin price prediction 2019.
JR Group to Pioneer the Next Crypto Bull Run
According to Cointelegraph, Kazuhiro Tokita disclosed a hint that cryptocurrency mass adoption is by the corner. Tokita is the president of DeCurret – an FSA-regulated local digital currency trading platform. The president disclosed a system that will let Suica cardholders top up their balance with digital currencies. Suica card is used on East Japan Railway Company’s (JR East) metro and shinkansen systems.
However, the firm said that this idea is presently a proof of concept/prototype and they are considering the implementation. But with the millions of people using the services of JR East in Japan to get to their nation, city, and prefecture, a lot of Bitcoin bulls are rooting for this move. DeCurret has scheduled the 16th of April for the launch of its digital currency trading platform.
DeCurret is one of the few trading platforms that met the standards and requirements of local authorities. The fiat enabled trading platform will support Bitcoin (BTC), XRP (XRP), Bitcoin Cash (BCH), and Litecoin (LTC) when it launches. According to the report, the trading platform will add Ethereum (ETH) by early summer.
Japan Is Contributing to the Growing Cryptocurrency Economy
Japan is one of the top nations in the world that supports and contributes to the booming digital currency economy. The recent trends in the nation might contribute to the next crypto bull run and Bitcoin bull run. Since the emergence of Bitcoin (BTC), it has been a trending topic in Japan. During the massive Bitcoin bull run and crypto bull run in late-2017, Mizuho was considering launching J-Coin before the 2020 Olympics in Tokyo. CNBC reported the plans of the Japanese financial institution. Although, there were no much details about that report. That led to speculations that the foray of Mizuho was only a rumor.
While many are waiting for the next crypto bull run and for Tim Draper Bitcoin price prediction 2019 to come to pass, many firms and individuals are just coming into the crypto space. Will crypto every recover? Yes, but this might take a while.
Bitcoin (BTC) Price Today – BTC / USD
At the time of writing, Bitcoin (BTC) is trading at $4,182 after an increase of about one percent over the past twenty-four hours. The current market cap of the digital currency is $72.80 billion. The trading volume of the digital currency over the past twenty-four hours is $10.41 billion.