Tagged: Bitcoin Adoption

Digital Asset Firm Okcoin Announces its First “Crypto for All” Grant Recipients

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

Neeraj Khandelwal: Co-founder at CoinDCX Reveals How Platform Built Staking Capabilities for ETH 2.0

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

Bitcoin Adoption: El Salvador Government Leverages AlphaPoint to Support Chivo, the First National BTC Wallet

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

Cryptocurrency Adoption: Bitrefill Says You can Now Live on Crypto In Saudi Arabia

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

Surojit Chatterjee from Coinbase Says that Ethereum (ETH) Scalability Should Improve in 2022, as Industry Welcomes Next 100M Users

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

Crypto ATM Market Expected to Reach $3.55B by 2030, Bitcoin Depot Reports

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

STAR Bank Introduces NYDIG Bitcoin Services through the Alkami Platform

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

Bitcoin (BTC) Might Soon be Held by Governments and Nation States, As Crypto Adoption Rises Globally: Report

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

Remittance Payments to El Salvador can be Improved by Using Bitcoin or Other Crypto Rails Instead of Regular Money Transfers: Report

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

Bitcoin has Given Investors in Emerging Markets Access to a High-Performing Asset: Report

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

Americans Plan to Buy Bitcoin, Stocks with Stimulus Money, Mizuho Survey Reveals

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

Over 100,000 Bitcoin Addresses were Holding $1 Million or More when BTC Price Briefly Surpassed $58K: Report

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

Nearly 40% of US Consumers like Tesla Inc’s Decision to Accept Bitcoin as a Payment Method, according to New Survey

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

PayPal Says it Won’t be Purchasing Bitcoin or Other Cryptos but Will Capitalize on the Growth Opportunity Presented by Digital Assets

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

Bitcoin Adoption: Small Business Owners in India Reveal how Accepting BTC Payments has Helped their Companies

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

Bitcoin Adoption: Nearly 1M Active LocalBitcoins Users in Q4 2020, while P2P Competitor Paxful Reports Steady BTC Trading Growth

Finland’s peer to peer (P2P) Bitcoin exchange, LocalBitcoins says that 2020 was an “extraordinary” year and during the past quarter (Q4 2020), the BTC price reached its all-time high and has continued to surge this year. Bitcoin (BTC) is trading at just over $38,000 at… Read More

All-time Record 22M+ Unique BTC Addresses Active on Bitcoin Network in Jan 2021, while Ethereum on Exchanges Hits Historic Low: Report

  Ethereum (ETH) held on digital asset exchanges recently hit a historic low. $ETH held on exchanges just hit an historic low. Over the past 30 days, 3.75M ETH worth $4.97 billion left exchanges, possibly for staking, DEXs or cold storage. pic.twitter.com/orkIrcgzRG — Bloqport (@Bloqport)… Read More

P2P Bitcoin Exchange Paxful Claims 5M Users Globally, May Introduce Support for More Digital Currencies and Crypto Debit Card

The team at Paxful, a leading peer to peer Bitcoin (BTC) exchange, acknowledges that 2020 was quite rough. They claim that even though it may have been the hardest year of many peoples’ lives, there were still some positive developments. In January 2020, Bitcoin was… Read More

Bitcoin and Ethereum Adoption Reaches Unprecedented Levels, Supported by Professional Athletes and Major Companies

Bitcoin (BTC) has become more intertwined with traditional financial markets because of changing macro conditions and a significant increase in institutional interest, according to a report from Coin Metrics.  Coin Metrics has noted that many researchers have looked into the fundamental differences between Bitcoin and… Read More

Multi Billion Dollar Hedge Fund SkyBridge Capital Files Documents with SEC for a Bitcoin (BTC) Fund

Anthony Scaramucci’s hedge fund SkyBridge Capital has submitted documents to the US Securities and Exchange Commission (SEC) for what seems to be the firm’s very first Bitcoin (BTC) focused fund. SkyBridge Capital, which manages around $9 billion in client assets, submitted a Form D for… Read More

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