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Tag Archives: Bitcoin Adoption

36% Of Small U.S. Businesses Accept Cryptocurrency Payments, According To A Survey

The crypto community views cryptocurrencies in numerous ways. From trading opportunities to store of value, and occasionally for their real purpose of being used as a payment method.Today, the main topic will be a rather conspicuous one that has been discussed many times, but it needs more awareness – adoption. Furthermore, let’s examine an HSB survey conducted by Zodgy Analytics in the U.S. that shows interesting data regarding small and mid-sized businesses that accept cryptocurrency...

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Bitstamp And Silvergate Bank To Launch Bitcoin Leverage Trading Platform For Institutions

Popular cryptocurrency exchange Bitstamp and California-based Silvergate Bank have partnered up to launch a new Bitcoin leverage trading product. It would allow institutional investors to trade with leverage collateralized by Bitcoin and held on the exchange.SEN Leverage By Bitstamp And Silvergate BankThe Luxemburg-based cryptocurrency exchange recently announced its involvement with Silvergate Bank’s new product – SEN Leverage. Investors will have the option to obtain USD loans...

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The Satoshi Effect: Why Are Nigerians Going Wild On Bitcoin?

Indeed, the first impression is not always the last impression, at least, Nigerians have proven that with Bitcoin. Bitcoin started gaining traction in Nigeria after the infamous Mavrodi Mondial Moneybox (MMM) Ponzi scheme of 2016, which promised a 30% monthly return on investment, both in fiat and Bitcoin. Many got scammed, and some found themselves in unthinkable debt after investing in MMM and other Ponzi and pyramid schemes that followed. One would think that such a terrible first...

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Burger King, Petro, and Rising Bitcoin Volume: Venezuela Might Be The Leading Country In Terms Of Crypto Adoption

While most of the world countries and entities are making slight attempts to enlarge their cryptocurrency adoption, Venezuela might be way ahead.Judging by the past year, the dictatorship country has been quite favorable towards Bitcoin and other digital assets, with increased trading volume, and its own cryptocurrency to be used in oil trades.Most recently, the Burger King food chain will allow clients to make purchases with several different cryptos, including Bitcoin, thanks to a...

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From Bitcoin To Other Altcoins: How Are They Actually Used In Today’s World?

Bitcoin and the alternative coins receive different acceptance from people: from a speculative tool for trading to an investment option, digital gold, etc. Yet, most of them have another, more meaningful purpose that is somehow neglected by the masses when they see only their coins’ prices.While most people are aware of the top digital assets and what they are supposed to do, let’s take a look at other, less-known cryptocurrencies and their usage in the real world, if any.Beginning With The...

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HODLing Millennials: Bitcoin Trust (GBTC) Leading Schwab’s Generation-Y Retirement Equity Holdings

Millennials believe in Bitcoin for the long term, as per a recent report from Charles Schwab. According to the report, the Grayscale Bitcoin Trust (GBTC) is the 5th most used investment instrument, even surpassing giants such as Berkshire Hathaway and Microsoft.Millennials, also known as Generation Y, were born between the early years of the 1980s to mid-years of the 1990s.Millennials Choose GBTCThe large brokerage firm, Charles Schwab, recently published a report regarding the investment...

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Report: German Banks Could Be Able To Store Bitcoin From 2020

While most countries are struggling to understand and regulate cryptocurrencies, Germany might actually introduce them to the general public. A new proposed bill in the country suggests that as of next year, clients should be able to store Bitcoin and other digital assets directly in banks.Bitcoin Storage In German Banks?Germany might be on its way to lead in cryptocurrency adoption. A recent report shows that the country is looking to implement a new set of rules to benefit cryptocurrency...

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Bitcoin Black Friday 2019: The Sales You Better Not Miss

It’s that time of year again. Thanksgiving is just days away, and you know what that means. No, I’m not talking about the family get-together or passing out in front of the TV after eating way too much.I’m talking about shopping! Bitcoin Black Friday 2019 is here and there are some crypto-related deals on this year’s list that you won’t want to pass up.Ledger Nano Hardware Wallet – 30% Off + Free ShippingFrom now through December 2nd, you can save 30% site-wide on all Ledger products. This...

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 2 Years Since the Bitcoin Bubble: How Easy is it to Buy Cryptocurrencies Compared to 2017? 

2017 will go down in history as probably the most pivotal year in the chronicles of cryptocurrencies. It was the year that they transitioned from being an obsession of “geeks” into something that captured the interest of governments, Wall Street analysts, media, financial institutions, and the average joe on the street.Exactly two years since the so-called “crypto bubble,” this piece tracks the evolution of the crypto market from 2017 at the price peak, until today, with a focus on new...

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Adoption: 5 Business Industries That Accept Bitcoin In 2019

Bitcoin saw the light of day a decade ago, and since then, it attracted serious interest in the financial sector. Even though a lot of people use it mainly to get exposure to its price denominated in fiat currencies, there are a lot of businesses that accept Bitcoin as a payment method.Traveling With BitcoinBack in 2013, the popular American travel agency Cheapair began accepting Bitcoin as a means of payment. This led to other companies implementing it as well, and now clients can use their...

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