As bitcoin has touched new price highs on Thursday nearing the 50k handle people have been curious as to where the price will go in the future Meanwhile despite the gains so far a number of luminaries analysts executives and proponents from the crypto space believe the leading crypto asset will reach between 60k to sixdigits this year

A number of cryptocurrency proponents have been discussing the stablecoin DAI this week as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation

The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over 75 million by liquidators of MTI As a result of the temporary supply glut buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas exchanges

As bitcoin has touched new price highs on Thursday nearing the 50k handle people have been curious as to where the price will go in the future Meanwhile despite the gains so far a number of luminaries analysts executives and proponents from the crypto space believe the leading crypto asset will reach between 60k to sixdigits this year