Tagged: Bitcoin Adoption

Crypto has become “Truly Global” as P2P Bitcoin Exchanges like Paxful Facilitate Transactions in Developing Countries: Report

Cryptocurrency adoption has been growing steadily across the globe, according to Chainalysis’ Global Crypto Adoption Index. As mentioned in a report from the blockchain security firm, the majority of cryptocurrency volume reflects trading and speculation that was conducted by professional or institutional investors that were… Read More

Bitcoin (BTC) Payments Now Accepted at Billion Dollar Food Delivery Giant, Just Eat in France, but Consumers Not Impressed

Billion-dollar food delivery giant, Just Eat in France, is now accepting Bitcoin (BTC) payments. Just Eat had been allowing users to pay with Apple Pay, Google Pay, PayPal, and also with their credit cards through its website. Other traditional payments options such as checks and… Read More

Canada based Middle Eastern Restaurant Converts Entire Cash Reserves to Bitcoin (BTC) following COVID-19 Outbreak and Resulting Challenges

Ontario, Canada’s Tahinis Restaurants, which claims to be the world’s best Middle Eastern restaurant, revealed that it has converted its entire cash reserves into Bitcoin (BTC), the flagship cryptocurrency. The company explained that it experienced significant challenges during the historic market crash in March 2020,… Read More

Bitcoin Adoption: $1 Million or More in BTC now Held by Over 13,000 Cryptocurrency Addresses

There are currently more than 13,000 Bitcoin addresses that are now holding at least $1 million worth of BTC, according to Glassnode data. You would have to own around 108 BTC, at current prices, to become a US dollar millionaire (in Bitcoin). The number of… Read More

Stablecoins are “Systemically Important” to Bitcoin’s Ecosystem, as Number of Addresses with 1,000 BTC Increases by 8.9% in Past Year: Report

The number of Bitcoin addresses holding at least 0.1 BTC has again hit a new all-time high. Glassnode data reveals that there are now 3,054,282 Bitcoin addresses holding 0.1 BTC, valued at around $950 at current rates. As previously reported, the last all-time high was… Read More

Bitcoin Adoption: Nearly 8,000 BTC ATMs Installed Worldwide, Lightning Network Adoption Growing Steadily

There are now almost 8,000 Bitcoin (BTC) ATMs, or BTMs, installed worldwide, according to data from Coin ATM Radar. A Bitcoin ATM is a kiosk that lets users buy Bitcoin with cash or their debit card. Some BTMs also allow people to sell the pseudonymous… Read More

Bitcoin Adoption: Nearly Half of People Responding to a Recent Survey Trust BTC Over Big Banks, a 29% Increase from 2017

More than 45% of over 5,000 survey respondents from 17 different countries said they preferred Bitcoin (BTC) over investments in stocks, real estate, and gold. The survey, which aimed to compare Bitcoin (BTC) adoption rates from 2017 to those in 2020, was performed by Tokenist,… Read More

Payments Company Square’s Cash App Now Lets Users Schedule Automatic Bitcoin (BTC) Purchases at Set Time Intervals

Payments company Square‘s (NYSE:SQ) Cash App now lets users schedule automatic Bitcoin (BTC) purchases at specific times, which includes daily, weekly, or bi-weekly options. Cash App’s new feature is called “Auto Invest,” and seems to be based on the concept of dollar-cost averaging, which involves… Read More

Cryptocurrency Adoption: Number of Bitcoin Addresses Holding At Least 0.1 BTC Crosses 3 Million Mark

The number of Bitcoin addresses that hold at least 0.1 BTC (appr. $750 at time of writing) has surpassed the 3-million mark for the very first time, as cryptocurrency investors get ready for the upcoming Bitcoin halving event, when the pseudonymous digital asset’s supply will… Read More

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