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Tag Archives: Bitcoin Adoption

4X Faster Crypto Transactions: Welcome To MIT’s Spider Off-Chain Routing Scheme

For more than a decade, there has been one major issue thwarting the adoption of cryptocurrency: transactions simply take too long. Fortunately, researchers at MIT have now announced that they have developed a more efficient system for routing cryptocurrency transactions, which they have dubbed “Spider.”According to ComputerWorld, MIT researchers are able to use this “Spider” routing scheme to make crypto transactions up to four-times faster than ever before (!).Four-Times Faster Crypto...

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Twitter Introduces Special Bitcoin Emoji: CEO Jack Dorsey Proudly Presents On His Own Profile

The creation of a Bitcoin Emoji on Twitter today has increased the largest cryptocurrency’s social media awareness. The social media’s CEO, Jack Dorsey, and other influential community members are also sharing the “#Bitcoin” trend that has ultimately transcended the online space.Bitcoin Emoji Inspires Bitcoin HashtagEarlier today, the popular social media platform, Twitter, introduced a new Bitcoin emoji. Naturally, the whole cryptocurrency community reacted with overexcitement by sharing the...

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Tim Draper: Millennials Should Invest In Bitcoin

After last week’s rally, it now seems that Bitcoin is hitting the headlines once again. American venture capital investor, Tim Draper, has recently spoken out about Bitcoin, suggesting that millennials need to invest in Bitcoin if they want to secure their financial future. On Wednesday, January 22nd, 2020, Draper spoke to Liz Claman during an interview. While the discussion touched on other topics, such as Elon Musk and SpaceX, it ended with some sound advice coming from one of the world’s...

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Ex-CFTC Chair: Cryptocurrencies Could Have Mitigated The 2008 Global Financial Crisis

As of yesterday, January 20th, 2020, the Blockchain Economic Forum kicked off in Davos, Switzerland, with a keynote speech delivered by J. Christopher Giancarlo. Giancarlo spoke about the past, present, and future evolution of the blockchain, and made one particularly exciting remark about virtual currencies. The ex-chairman of the United States’ Commodity Futures Trading Commission believes that, had blockchain technology been introduced to the world before the global financial crisis of...

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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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