Tag Archives: Bitcoin Adoption

Deepak Chopra’s name is synonymous with meditation, mindfulness, and healing through healthy living. And according to the latest update, the world-renowned author and thought-leader is considering buying bitcoin. Mr. Chopra is also about to launch ‘Love in Action,’ his own blockchain-based token. Deepak Chopra Officially Enters The Blockchain Space It is important to note that Mr.Chopra had already stoked the ire of Ethereum bigwigs more than 2 years ago for being announced...

Now the United States can boast a new crypto bank: Welcome Avanti. Avanti Financial Group, a firm founded by the former managing director at Morgan Stanley, Caitlin Long, announced that it had been granted a license to offer banking services by the Wyoming State Banking Board. Avanti is The Second Crypto-bank Operating in the United States With this decision, Avanti becomes the second crypto company to receive a banking license after the crypto exchange Kraken was also...

The number of US-based investors interested in Bitcoin continues to increase according to Grayscale’s Investment 2020 report on the cryptocurrency. The leading digital asset manager also noted that the COVID-19 pandemic has exemplified Bitcoin’s merits and made it even more captivating to investors. US Investors’ Growing Interest In Bitcoin Titled “Bitcoin Investor Study,” Grayscale’s 2020 research aimed at shedding some light on US investors’ perception of Bitcoin and how it...

As Bitcoin adoption grows more and more, concerns about the need for scalability solutions increase. Lightning Network is the most important layer-two development currently available on the Bitcoin blockchain, and it seems that North Americans are the favorite demographic for this efficiency-focused micropayment solution. The Lightning Network is a layer-two solution currently under development. It focuses on the creation of channels between peers that allow for almost...

Despite having a complicated past, it seems that JP Morgan’s love for Bitcoin is growing every day thanks to its potential as an investment and store of value. In a recent report, the American bank shared with its investors an analysis of Bitcoin’s current situation and possible future scenarios regarding prices and fundamental value. The bank explained that under the current conditions, Bitcoin has a good chance of increasing its price. JP Morgan Believes Bitcoin Could be an...

In times of pandemic, uncertainty, and risk, exposure to new of investments is more a necessity rather than a recommendation. According to Fidelity, one of the largest brokers in the U.S., Bitcoin is an excellent investment for those considering to exit banks and enter the markets.In October 2020, Fidelity Digital Assets, a branch of Fidelity focused on the crypto markets, released a report named “Bitcoin Investment Thesis: Bitcoin’s Role As An Alternative Investment.” In it, they analyze...

The government of Venezuela does not know what else to do to control its economy and is trying to save its financial life by doing what all the world governments are doing: printing more money… A lot of money.Sources close to the Venezuelan government revealed that the country’s Central Bank has just bought 71 tons of paper to print money. Experts believe this new batch of paper will supply the country’s demand for bills of the highest possible denomination: 100,000 sovereign Bolivars —or the...

According to new reports today, the Commission has further explained that the move was part of its effort to protect investors, and it is well equipped to provide the required regulations.Last week, the Securities and Exchange Commission, Nigeria (SEC Nigeria), published a proposed set of regulations for the cryptocurrency and blockchain space, given the increasing importance of regulation.Making The Crypto Space ComfortableCommenting on the development, Emomotimi Agama, Head, Registration,...

The Nigeria Securities and Exchange Commission (SEC) has released a proposed cryptocurrency regulation guideline while classifying crypto assets as securities.Crypto Regulations UnderwayAccording to an official release on Monday (September 14, 2020), the Nigeria SEC announced that the commission is looking at a three-pronged approach towards regulating the crypto industry. The SEC also stated that the aim of the proposed regulation was to promote market efficiency and transparency and not...

CoinGecko is, without a shred of doubt, one of the largest cryptocurrency data aggregators. The index has shown impressive growth over the past year following a renewed interest in cryptocurrencies as the total market cap grows in 2020.Data from SimilarWeb shows that CoinGecko has hit a considerable number of almost 25 million users in August alone.It’s safe to say that it’s one of the veteran crypto venues and a household name for the industry. CryptoPotato had the chance to reach Bobby Ong,...