Tagged: Bitcoin Adoption

October 24, 2023 @ 10:17 pm By Omar Faridi  |  

Blockstream, the global leader in Bitcoin infrastructure technology, has announced the public rollout of its “Lightning-as-a-Service” solution, Greenlight. This launch aims to transform the way developers and enterprise clients worldwide “integrate fast, low-cost bitcoin payments into their software via the Lightning Network.” In the current… Read More

October 21, 2023 @ 2:33 pm By Omar Faridi  |  

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

September 11, 2023 @ 10:01 pm By Omar Faridi  |  

Riot Platforms, Inc. (NASDAQ: RIOT), a firm focused on Bitcoin mining and data center hosting, issued a statement in response to recent inquiries regarding its power strategy following its August monthly operations update. In particular, “on September 6, 2023, CNBC published a story titled Texas… Read More

May 17, 2023 @ 10:20 pm By Omar Faridi  |  

River, a Bitcoin technology and financial services startup, announced a $35 million equity round. This series B funding was led by Kingsway Capital. Other contributors to the investment round “included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures.” River is… Read More

January 3, 2023 @ 9:29 am By Omar Faridi  |  

The Bitcoin market has evolved “dramatically” since its launch in 2009, according to an update from Kraken. The team at Kraken notes that what was once an “intimately small” group of tech enthusiasts has grown into a global community of investors. Some 40 million crypto… Read More

March 10, 2022 @ 8:57 am By Omar Faridi  |  

The team at digital asset firm Okcoin is following on their announcement in December 2021 to launch “Crypto for All,” which is described as an initiative “aimed at democratizing knowledge and access to crypto.” Here are the initiatives that Okcoin is currently supporting and also… Read More

February 28, 2022 @ 8:30 pm By Omar Faridi  |  

We recently connected with Neeraj Khandelwal, Co-founder of CoinDCX, one of India’s largest digital asset exchanges. As covered in August 2021, CoinDCX turned into India’s first crypto unicorn following a $90 million investment round led by Facebook Inc. co-founder Eduardo Saverin and B Capital Group… Read More

February 2, 2022 @ 8:30 am By Omar Faridi  |  

Chivo, which claims to be the world’s first national cryptocurrency wallet, is currently operating with AlphaPoint white label infrastructure. AlphaPoint, which offers fast, scalable financial technology to institutions internationally, is helping El Salvador to provide financial services and access to Bitcoin for almost 4.5 million… Read More

January 6, 2022 @ 9:49 pm By Omar Faridi  |  

Bitrefill, a Fintech company that’s supporting digital currency adoption by helping consumers “live on crypto” with gift cards, phone refills, and Lightning Network access, claims that you can now live on crypto in Saudi Arabia. Bitrefill has reportedly added 73 new and popular gift cards… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 26, 2021 @ 10:17 pm By Omar Faridi  |  

Bitcoin Depot is celebrating consistent growth this year as the firm looks ahead to 2022 in an update shared with Crowdfund Insider. Bitcoin Depot notes that consumers and retailers have increasingly been turning to their crypto ATM company for “secure, convenient, and fast transactions.” This… Read More

November 3, 2021 @ 11:54 am By Omar Faridi  |  

Alkami Technology Inc. (Nasdaq: ALKT), a Cloud-powered virtual banking solutions provider for U.S. banks and credit unions, has announced STAR Financial Bank as its first client to empower customers with trading systems that “allow the purchase, sale, and secure storage of Bitcoin, powered by NYDIG.”… Read More

August 7, 2021 @ 10:57 am By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform, and block explorer service, has shared their August Market Outlook report, titled, The Final Crypto Adoption Frontier. Bitcoin or BTC adoption as an investment asset began with what is “often characterized as ‘retail’ (smaller… Read More

June 17, 2021 @ 1:35 am By Omar Faridi  |  

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

June 12, 2021 @ 11:59 am By Omar Faridi  |  

2020 was a really important breakout year for Bitcoin (BTC), as an influx of institutional capital “spurred” the digital asset to set new all-time highs, Chainalysis notes while pointing out that many individuals and countries may have benefited from the booming prices in the crypto… Read More

March 16, 2021 @ 10:59 am By Omar Faridi  |  

Approximately 10% of stimulus checks could go toward Bitcoin (BTC) purchases and stocks, according to Dan Dolev from Mizuho – which recently performed a survey asking respondents what they plan to do when they get their stimulus checks. Dolev, whose comments came during a CNBC… Read More

February 23, 2021 @ 8:02 am By Omar Faridi  |  

There are now around 100,000 Bitcoin (BTC) addresses that are holding more than $1 million worth of the cryptocurrency. The Bitcoin and crypto-mania has helped many individuals become millionaires (many almost overnight) as the digital asset continues to attract many more new investors including major… Read More

February 13, 2021 @ 9:50 am By Omar Faridi  |  

Consumer sentiment regarding Bitcoin (BTC) as a legitimate payment method has changed significantly following the historic crypto market bull run, which is truly unprecedented. With BTC prices reaching all-time highs (briefly hitting $49,000) on the heels of Elon Musk’s tech firm Tesla’s announcement that they’ve… Read More

February 12, 2021 @ 4:11 pm By Omar Faridi  |  

PayPal Holdings Inc (NASDAQ:PYPL) has reportedly stated that they won’t be purchasing cryptocurrencies like Bitcoin (BTC), the payments giant’s CFO John Rainey told CNBC on Thursday (February 11, 2021). Rainey clarified that PayPal would not be investing corporate cash (probably) “in sort of financial assets… Read More

February 7, 2021 @ 8:29 pm By Omar Faridi  |  

Deepika, who writes blog posts for LocalBitcoins, a peer-to-peer Bitcoin exchange, has asked whether there are any small business owners in India that accept BTC as a form of payment for goods and services. Deepika notes that it can be inconvenient when a small business… Read More