Crypto assets have witnessed mainstream adoption over the last year. Several cryptocurrency attracted many investors with their potential and notable growth. Besides, it is also noteworthy that instit...
Tag: Adoption
Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022 – Coinotizia
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this asserti...
P2P payments spurred crypto adoption across Venezuela in 2021
For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible...
‘High expectations within institutions’ for wide-scale crypto adoption in 2022
Recently, Wells Fargo had stated that cryptocurrencies could be hitting an “adoption inflection point,” comparing it to the internet adoption in the 1990s. In another report, examining crypto trends f...
Ethereum adoption skyrockets as retail traders accumulate holdings
Data from InfoTheBlock has shown that the number of Ethereum retail traders has reached a record high. Wallet addresses holding between 0.1 and 1 ETH have increased, showing that ETH is gaining widesp...
Experience-to-earn is the gateway for NFT mainstream adoption
An experience-to-earn (E2E) nonfungible token (NFT) ecosystem rewards people on-chain for doing everyday activities, bringing new forms of value creation to everyone. This was previously reserved for ...
Tesla Doubling Down On HODLing Bitcoin As Its $2 Billion BTC Stash Proves Pivotal For Mainstream Adoption ⋆ ZyCrypto
Advertisement     Bitcoin leaped with relief over the past 7 days, showing all the signs of a firm determination to conquer the $45,000 retest level. Within the early ...
Ethereum Adoption Reaches New Peak as Retail Traders Own More ETH Than Ever
The number of addresses holding between 0.1 and 1 ETH has reached a new all-time high, according to data provided by IntoTheBlock. The growing number of relatively small wallets is one of many adoptio...
Fitch Claims El Salvador’s Bitcoin Adoption Strongly Hinders IMFs Upcoming Finance Plans
Fitch Ratings, one of the big three credit ratings agencies, has downgraded El Salvador’s long-term issuer default rating (IDR). Fitch now rates El Salvador’s debt repayment capacity at CCC, a step lo...
Crypto Exchanges Debuting Super Bowl Ads for Mass Adoption
Several cryptocurrency exchanges will be debuting advertisements during this year’s Super Bowl, one of the most widely watched sporting events of the year. FTX Trading Ltd. and Crypto.com are expected...
Why Crypto Is Following The 1990 Internet Adoption Curve
The adoption curve of crypto is believed to be in its early stages, and Wells Fargo data shows its close similarities with the early stages of internet adoption back in 1990, giving a glimpse of how c...
Crypto in Early Stages of ‘Hyper Adoption Phase’: Banking Giant Wells Fargo
American banking behemoth Wells Fargo says the current state of cryptocurrencies is comparable to the internet in the mid-to-late 1990s. In a new special report, the financial giant advises patience f...
Bitcoin Prices Reach Highest Since Early January As Adoption Bolsters Sentiment
Bitcoin prices reached their highest in a month today. getty Bitcoin prices rallied today, rising to their loftiest value in more than a month as the latest signs of institutional adoption helped stre...
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportuni...
Interview With Ether Capital On Their Bet In Ethereum 2.0 And Staking As A Mechanism To Drive Crypto Adoption
Last year, Bitcoinist reported a $50 million stake in Ethereum’s Beacon Chain from Ether Capital, a publicly-traded company in Canada highly bullish on the Proof-of-Stake iteration of this cryptocurre...
Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?
Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in...
U.S. Lawmakers seeks wide crypto adoption: Introduced Virtual Currency Tax Fairness Act
U.S lawmakers introduced a bill to expand the adoption of cryptocurrencies for payments in the country. Anyone has to keep track and record the translation they make using crypto, which puts it at a d...
Bitcoin SegWit adoption lags among major exchanges: Glassnode
SegWit has come a long way since its first appearance during the 2015–2017 blocksize war. However, despite its relative success as a Bitcoin upgrade, crypto exchanges including Binance and Gemini are ...
Corporate Adoption: Restaurant Chain Everbowl Embraces The Bitcoin Standard
Another restaurant company is adding Bitcoin to its balance sheet. On Everbowl’s website, they claim “At everbowl, we believe the key to life is motion,” and they’re putting their money where their mo...
Gaming Retail Giant GameStop Partners With NFT Marketplace in Push Towards Crypto Adoption
Video game retail giant GameStop is entering the crypto world through a partnership with an Ethereum-based digital assets marketplace. In a new press release, GameStop says they are teaming up with Et...
MicroStrategy’s Saylor Confirms ‘Fast-Growing’ Institutional Adoption of Bitcoin ⋆ ZyCrypto
Advertisement     MicroStrategy CEO Michael Saylor, known for his consistent support of Bitcoin as the unique investment opportunity for corporations, asserts that he ...
Empowering Web 3.0 mass adoption and looking beyond 2022
Venture capital firm, Fundamental Labs launched its Fundamental Labs Fund V – the fifth in its series of funds that kicked off in 2016. It was constituted within one month with a medium size of $50M...
‘I See Evidence of a Lot More Institutional Adoption’ – Featured Bitcoin News
The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Tur...
Paxful launches a Bitcoin education center in El Salvador to boost adoption
El Salvador allowed the use of Bitcoin as legal tender last year. However, the major issue with this move was that many Salvadorans did not have knowledge about the cryptocurrency market. Paxful is st...
Bitcoin education center launches in El Salvador to boost adoption
Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year. Paxful on Wednesday announced t...
DeFi Tokens Tumble but Adoption Continues Increasing: ConsenSys Research
A recently published report on the decentralized finance (DeFi) ecosystem has revealed that despite the fall in related token prices, adoption continues to increase. In its January “DeFi Market Commen...
Colombia clamps down on crypto tax evasion as adoption thrives
Down in Bogotá, cryptocurrency adoption is raging on. Colombia’s tax authority, the DIAN, (Dirección de Impuestos y Aduanas Nacionales de Colombia) has begun to catch up. It seeks to take “special mea...
Mainstream Adoption Won’t Boost Bitcoin Price
Goldman Sachs’s words have been interpreted as a sign that the cryptocurrency craze may be coming to an end. The analysts at this global banking powerhouse say they don’t see mainstream adoption boost...
Bitcoin and Ethereum Prices Should Rise Over Time As BTC and ETH in Early Adoption Days, Says Bloomberg Analyst
Bloomberg senior commodity strategist Mike McGlone says he’s long-term bullish on Bitcoin (BTC) and Ethereum (ETH) as he notes both crypto assets are still in their “early adoption” days. In a tweet, ...
Serena Williams Invests In Nestcoin To Drive Crypto Adoption In Africa
Nestcoin Co-founders Yele Bademosi and Taiwo Orilogbon Nestcoin Nestcoin, a company building products to help Africans and residents of other frontier markets understand and adopt crypto, announced th...