Tagged: Crypto Adoption

January 21, 2021 @ 7:33 pm By Omar Faridi  |  

The team at BitPay, a blockchain payment technology firm that allows users to accept and send Bitcoin and other cryptocurrencies, notes that even though 2020 was a “rollercoaster of a year for the world,” digital currency remains at the “forefront” of the future of finance…. Read More

January 5, 2021 @ 9:00 pm By Omar Faridi  |  

Bitcoin (BTC) and other cryptocurrency platforms such as Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Binance Coin (BNB), Chainlink (LINK), and Polkadot (DOT) are being increasingly adopted by a diverse group of users across the globe. Many more institutions and fairly large publicly listed companies… Read More

January 1, 2021 @ 9:06 pm By Omar Faridi  |  

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

December 31, 2020 @ 5:35 pm By JD Alois  |  

2020 was a challenging year for the entire world. The ongoing health crisis surprised everyone as the world dove into a pandemic, pummeling the global economy and impacting everyone. In many respects, Fintech emerged as a beneficiary of COVID-19. Digital transformation of financial services were… Read More

December 23, 2020 @ 8:06 am By Omar Faridi  |  

The Fintech sector in Switzerland has been growing steadily and has been consolidating this year, a trend highlighted by the rising number of later-stage funding rounds and some of the first Fintech-related exits, according to the IFZ Fintech Study 2020. In 2019, Series B rounds… Read More

December 4, 2020 @ 7:51 am By Omar Faridi  |  

We recently connected with Scott Freeman, Co-Founder and Partner at JST Capital, a New York-based financial services firm currently focused on the digital asset market. The partners of JST have spent more than twenty years working in the traditional financial services sector. They’ve now entered… Read More

November 29, 2020 @ 4:12 pm By Omar Faridi  |  

Paxful, a leading peer-to-peer cryptocurrency marketplace, recently published the results of a survey performed with assistance from OnePoll on “the state of the financial climate” in the UK. As noted in a blog post by Paxful, sentiments include recent notions about the country’s traditional banking… Read More

November 2, 2020 @ 6:52 pm By Omar Faridi  |  

OKCoin, a regulated digital asset exchange, notes that Bitcoin (BTC) is approaching its twelfth anniversary. The Bitcoin whitepaper was first shared publicly on October 31, 2008. The OKCoin team writes in a blog post that twelve years ago, we learned how secure financial transactions could… Read More

October 28, 2020 @ 8:51 pm By Omar Faridi  |  

We recently connected with Daniel Polotsky, CEO at CoinFlip, a leading Bitcoin ATM operator in the US. Polotsky talked about how his company has grown since it was launched back in 2014. He also discussed CoinFlip‘s plans for next year while explaning how the company… Read More

October 5, 2020 @ 11:55 pm By Omar Faridi  |  

Monica (Appelbe) Long, SVP of Marketing at American Fintech Ripple, says that we’re all in the midst of a global climate crisis—”one that is impossible to ignore.” Long confirms that efforts are being made by many countries to “avert the worst-case climate scenarios.” Organizations and… Read More

September 18, 2020 @ 6:34 am By Omar Faridi  |  

Eastern Europe has the fourth-largest cryptocurrency market in terms of total transaction volume, according to Chainalysis’ research. Ukraine and Russia, which are also part of the Eastern European region, have been ranked quite high on Chainalysis’ Global Crypto Adoption Index. It takes into consideration a… Read More

September 17, 2020 @ 8:09 pm By Omar Faridi  |  

Cryptocurrency and blockchain technology adoption continues to rise, with banks, institutional investors, and everyday consumers now using these platforms to engage in everyday transactions or to implement various business use cases. According to Chainalysis, the “patterns of cryptocurrency usage” vary widely across the globe. The… Read More

September 9, 2020 @ 8:06 am By Omar Faridi  |  

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

September 8, 2020 @ 7:49 am By Omar Faridi  |  

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

August 20, 2020 @ 12:29 pm By Omar Faridi  |  

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

June 15, 2020 @ 11:45 pm By Omar Faridi  |  

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

June 6, 2020 @ 2:56 pm By Omar Faridi  |  

Nischal Shetty, founder and CEO at WazirX, an Indian cryptocurrency exchange acquired by Binance, claims that government agencies in the country have begun to take more interest in understanding and even helping to grow the nation’s nascent digital asset and blockchain ecosystem. Shetty noted via… Read More

June 3, 2020 @ 10:59 pm By Omar Faridi  |  

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

May 26, 2020 @ 7:22 am By Omar Faridi  |  

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

March 12, 2020 @ 9:14 am By Omar Faridi  |  

CoinDCX, one of India’s largest crypto-asset exchanges and liquidity aggregators, has revealed that it will allocate $1.3 million towards increasing awareness and adoption of cryptocurrencies in India, a country with a population of over 1.5 billion. According to a press release shared with Crowdfund Insider,… Read More