Tag Archives: Bitcoin Adoption

The legendary bassist/vocalist of the rock band KISS – Gene Simmons – disclosed that apart from fiat currency, buyers can also purchase his $13.5 million home in Las Vegas in digital assets. Those accepted are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), and more. An’ Outspoken Proponent’ of Crypto The rock star, known among fans as “The Demon,” initially displayed his support towards the cryptocurrency industry at the beginning of 2021. Back then, he predicted...

By partnering with the bitcoin-centered company New York Digital Investment Group (NYDIG), UNIFY will become the first credit union to offer BTC services to its members. The collaboration was also joined by pro football player Safety John Johnson III. The announcement from earlier this week informed that UNIFY customers will now be able to buy, sell, and hodl bitcoin alongside their traditional accounts within the online banking platforms. The organization has more than...

Customers of U.S. financial service provider Five Star Bank will soon be able to securely buy and invest in bitcoin (BTC) directly from their bank accounts thanks to a partnership with NYDIG. Five Star Bank to Offer Bitcoin Trading Services New York Digital Investment Group (NYDIG) has struck a partnership with American-based Five Star Bank to onboard bitcoin trading and virtual currency transaction facilities for the latter’s customers before the end of Q2 2022. According to...

Eric Adams – newly elected mayor of New York City – is following through on his promise to receive his first paycheck in Bitcoin. Some of his salary will even be converted to Ether – the second-largest cryptocurrency. The Paycheck Promise The City of New York confirmed the payment decision from its official site earlier today. The Mayor’s paycheck will automatically be converted into Bitcoin and Ethereum when he receives it tomorrow. In November, Miami Mayor Francis Suarez...

Bitcoin and cryptocurrencies are one step closer to mainstream adoption as NCR Corporation, a leading manufacturer of automated teller machines (ATMs), has enabled customers to buy and sell crypto assets on its more than 750k ATMs and digital touchpoints across 140 countries. NCR Acquires Crypto Firm LibertyX The development comes after NCR announced the acquisition of ATM network company and cryptocurrency software provider LibertyX for an undisclosed amount. NCR initially...

According to a recent survey conducted by the payment processor giant Visa, almost a quarter of the participants across nine nations said they intend to embrace digital currencies as a form of payment sometime this year. Furthermore, 13% of consumers in these countries predicted retail stores will begin allowing crypto settlements in the following 12 months. ‘People Are Feeling More Confident with Crypto’ As reported by Reuters, Visa surveyed 2,250 small business owners from...

The use of cryptocurrencies has grown considerably over the past year, as more people fall down the Bitcoin rabbit hole. According to a study by payment processor PaySafe, most cryptocurrency enthusiasts are willing to put their money where their mouth is and get paid in cryptocurrencies, ditching fiat once and for all. The report “Inside the crypto community: Plotting the journey to mass adoption” was published on January 11, 2022, revealing the most important trends among...

Washington-based real estate firm – Harbor Custom Development, Inc. – will reportedly start accepting digital currencies as payment for its residential homes, apartments, condominiums, and other properties as of January 24th. Crypto Making its Way in the Retail Estate Industry According to a recent coverage, Harbor Custom Development, Inc. (Nasdaq ticker: HCDI) will embrace numerous digital assets as a means of settlement. Some of the assets include Bitcoin (BTC), Ethereum...

Banca Generali – an Italian Bank geared towards private banking and wealth management – plans to launch Bitcoin trading services in early 2022. These services will be enabled through an integration with Conio – a Bitcoin wallet/ exchange app. Bitcoin in Italy Financial magazine “We Wealth” provided details on the bank’s new services last month. Apparently, Banca’s 300 000 customers will be able to create a Bitcoin wallet directly from their bank accounts, thanks to Conio. The...

Antoni Trenchev – Co-Founder of the cryptocurrency lending platform Nexo – predicted that bitcoin will hit a price of $100K by mid-2022. In his view, the leading digital asset is an inflation hedge equal to gold. BTC Trading at $100K in a Few Months Despite increasing its USD value by over 60% in the last 12 months, bitcoin finished 2021 on a downtrend as many experts expected the asset to top the $100,000 milestone. In a recent interview for CNBC, Antoni Trenchev –...