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Tag: Adoption
Last Week [In] Crypto: Crypto Mining Brouhaha, Increasing Adoption Rates, Trouble with Coinbase NFTs, Central Banks Hiking Rates
It was an interesting week for cryptocurrencies with lots of happenings in almost every corner of the ecosystem between May 2 to 8. While keeping up with all the news might be a mountain to climb, Be[...
Cardano Adoption Surges As Number of ADA Wallets Breaks New All-Time High: CryptoCompare Report
New data shows that Ethereum challenger Cardano (ADA) is seeing a surge in adoption with the number of ADA wallets hitting a new all-time high despite a shaky April for the smart contract platform. A ...
Bitcoin’s adoption by the CAR in Africa could be dterimental for the economy
Bitcoin is now adopted by the Central African Republic which might be detrimental The reception of it may be considered as something lawfully delicate A few monetary experts in Africa have brought up ...
How Bitcoin’s Superior Security Can Accelerate NFT Adoption
Ethereum is by far and away the most popular blockchain platform for non-fungible tokens yet its position as the king of NFTs may not last forever, as it faces growing competition from emerging chains...
Central African Republic Under Scrutiny By IMF Following Bitcoin Adoption
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Ac...
IMF Warns Of Serious Risks For Central African Republic’s Adoption Of Bitcoin As Legal Tender ⋆ ZyCrypto
Advertisement     According to a report by Bloomberg, despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund ...
Africa’s financial analysts doubt if CAR’s Bitcoin adoption deal is legitimate
In response to the Central African Republic’s adoption of Bitcoin as legal tender, several financial specialists in Africa have raised a number of questions. At a time when the regime is under pressu...
IMF says Bitcoin adoption in Central African Republic poses risks
The International Monetary Fund (IMF) highlighted the difficulties that adopting Bitcoin as a legal currency for the Central African Republic presents for both the nation and region. The government an...
Central African Republic, Bitcoin adoption risky for IMF
The decision taken a few weeks ago by the Central African Republic (CAR) has been described as risky according to the IMF. CAR had announced that it was adopting Bitcoin as legal tender, alongside th...
Cardano Adoption Is Surging, According to Coin Bureau – Here’s Its Forecast on the Future of the Ethereum Competitor
The host of popular YouTube channel Coin Bureau is looking at the future of Cardano amid the Ethereum Rival’s recent lackluster performance. The pseudonymous crypto analyst known as Guy tells his 2.03...
IMF Says Central African Republic’s Bitcoin Adoption Poses Risks – Featured Bitcoin News
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal ...
After El Salvador, IMF Now Concerned of Bitcoin’s Adoption in the Central African Republic
After the Central African Republic (CAR) announced adopting Bitcoin as legal tender and legalized the use of cryptocurrencies last month, the International Monetary Fund (IMF) warned that such a move ...
Asia Leads NFT Adoption In 2022, New Report Shows
Central and Southern Asian traders make up the largest portion of NFT owners in the world, a report from blockchain data firm Chainalysis showed. As of early-2022, nearly 30% of the market was dominat...
California Governor Announces Legal Framework for Crypto Adoption
The governor of California has issued an executive order laying out the state’s roadmap for crypto adoption. With this order, the United States’ largest economy will begin drafting a regulatory framew...
Crypto Adoption Increases in the UK
The crypto market saw challenges in terms of price growth since November 2021. However, the global adoption of crypto assets has jumped significantly even under an uncertain regulatory environment. Th...
California Governor Wants to Boost Blockchain Adoption
The governor of California – Gavin Newsom – introduced an executive order on digital assets, aiming to establish a regulatory framework for the industry and bolster blockchain adoption. California to ...
IMF Expresses Concern Over Central African Republic’s Bitcoin Adoption
The International Monetary Fund (IMF) has voiced concerns over the Central African Republic’s adoption of bitcoin as legal tender saying it raises a number of challenges for the country and region. Th...
Vitalik Buterin Says Ethereum Gas Fees Should be Below $0.05 to Increase Adoption – crypto.news
Vitalik Buterin asserted about the cheap fees of L2 solutions in response to Ryan Sean Adam’s tweet. Buterin stated that gas fees should be below $0.05 per transaction to be genuinely acceptable. Ethe...
California Governor Issues Crypto Executive Order, Unveils Roadmap for Blockchain Adoption
On Wednesday, May 4, California Gov. Gavin Newsom issued a new executive order on cryptocurrencies. This is quite exciting news considering that California is the state with the largest economy in the...
The Central African Republic’s adoption of Bitcoin as legal tender – a vain hope or a lifeline?
The Central African Republic (CAR) has become the second country after El Salvador to adopt Bitcoin as its official currency, and the first in Africa to do so. BTC will become legal tender alongside t...
Poloniex Collaborates with Polygon to Boost Adoption Of Web3
Poloniex and Polygon have joined hands to work on Web3. Through the collaboration, Poloniex and Polygon will work to boost the development and adoption of Web3 applications while also working on vario...
Gemini launches new entity Superlunar to help grow web3 adoption
Gemini has launched a research and design studio called Superlunar as the crypto exchange operator aims to increase adoption of web3 products. Superlunar, which means beyond the moon, will research, d...
Crypto Winter Unlikely As ‘Astonishing’ User Growth Dwarfs Internet Adoption Rate: Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal expects there to be billions of new cryptocurrency users by the end of the decade despite any jitters investors may currently feel about the markets. In a new ...
In Search of the Missing Bitcoin Supercycle: Mass Adoption vs Complicated New Asset Class
In an interview on the What Bitcoin Did Podcast on April 29, Dan Held, stuck firmly to his thesis that a perfect storm of market conditions is set to propel Bitcoin to mass adoption. In crypto parlanc...
Poloniex announces collaboration with Polygon to foster Web3 adoption
Poloniex, a global cryptocurrency exchange, has officially announced its collaboration with Polygon, the leading platform for Ethereum scaling and infrastructure development. This collaboration will f...
Ethereum-Based Altcoin Surges 86% in Just One Week Amid Surging Adoption
One Ethereum-based altcoin is putting up huge rallies over the last seven days in defiance of the broader crypto market downturn. ENS, the governance token of ETH domain marketplace Ethereum Name Serv...
Bitcoin adoption in El Salvador is going strong with 40% usage– Bitso Exec
It’s 7 months since El Salvador adopted Bitcoin as legal tender. Now, Bitso, which is the exchange in charge of handling BTC transactions via the special Chivo wallet, claims that El Salvadorians are ...
South African citizens increase cryptocurrency adoption according to REVIX and VALR
Although Bitcoin, the number one cryptocurrency in the decentralized market, has lost value in recent weeks, it has not stopped South African citizens from buying it. According to reports, from 2021, ...
El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet. The Chivo wallet was l...
Mangata Finance’s Completion of A $4.2 Million Funding Round Marks the Advent of Mainstream DEX Adoption
Decentralized exchanges (DEXs) are one of the strongest growing application segments in the DeFi landscape. However, they have yet to see widespread adoption due to a variety of challenges that plague...