Tag: adoption

Aug 04 2021

Move over Shiba Inu (SHIB), a meme token marketplace is coming to Polygon

Aug 04 2021 Published at CryptoSlate under tags  adoption dogecoin dogeusd nfts shibainu

Layer-2 scaling protocol Polygon announced today that Meme.com, a marketplace for meme-based NFTs and tokens, has launched on Polygon following their successful IDO and will collaborate with Polygon Studios to leverage the team’s extensive NFT expertise to help grow the meme token marketplace....

This new Chainlink (LINK) custom oracle solution is bridging CeFi and DeFi

Aug 04 2021 Published at CryptoSlate under tags  adoption linkusd technology

Decentralized oracle network Chainlink and decentralized real-world asset lending protocol NAOS Finance today announced a partnership to develop a Chainlink oracle...

Aug 02 2021

Bank Of America Sees Opportunities With El Salvador’s Bitcoin Adoption

BofA sees four upsides to Bitcoin adoption in El Salvador, including remittances, financial digitalization, and foreign investments.Nayib Bukele, President of the Central American country El Salvador, tweeted yesterday screenshots of an economic viewpoint report by the Bank of America (BofA). Along with detailing why the bank is constructive...

Aug 01 2021

EU Invests $30m in a Blockchain and Digital Assets Fund

Reading Time: 2 minutes For the first time, the European Investment Fund (EIF) has backed a fund authorized to invest in blockchain and digital currencies. Fabric Ventures has secured $30 million from the European Investment Fund (EIF). With this move, the EU receives...

Jul 31 2021

Crypto Users Double in 4 Months, Research Reveals

Reading Time: 2 minutes The number of crypto users doubled from 100 million to 200 million in just four months. By June this year, the number of crypto users had reached a staggering 221 million. Following the May crash, meme tokens like Dogecoin drove growth....

Jul 30 2021

Global Cryptocurrency Users Reached 221 Million in June 2021

International crypto adoption has increased rapidly since the start of 2021.

El Salvador to officially adopt Bitcoin as legal tender on September 7

Jul 30 2021 Published at CryptoSlate under tags  adoption btc

Payment processors that facilitate the immediate transfer of crypto into fiat currency and enable acceptance of Bitcoin (BTC) payments for e-commerce, point-of-sale, invoicing and remittance, have a finger on the pulse of the everyday economics of cryptocurrency adoption....

Jul 29 2021

Ripple chairman Chris Larsen has a warning for Dogecoin (DOGE) holders

Jul 29 2021 Published at CryptoSlate under tags  adoption dogeusd trading xrpusd

Ripple chairman Chris Larsen cautioned investors on the risks of investing in Dogecoin. He likened it to gambling, adding that most people who gamble end up losing. Since blowing up off the back of the WallStreetBets movement...

XRP jumps 19% as Ripple announces ODL corridor in crypto-friendly Japan

Jul 29 2021 Published at CryptoSlate under tags  adoption payments regulation xrp

US-based blockchain company Ripple, which operates the payment protocol and exchange network using XRP, announced a new...

Jul 27 2021

After El Salvador warning, IMF says accepting Bitcoin as national currency is “a step too far”

Jul 27 2021 Published at CryptoSlate under tags  adoption btc

The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency...

Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

Jul 27 2021 Published at CryptoSlate under tags  adoption btc investments

Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset” by a “Bitcoin-related impairment of $23M.” “Operating income increased [year-over-year]...

Amazon Responds To Rumors That It Is Integrating Bitcoin Payments On Its Platform

Amazon has recently been the subject of discussion in relation to bitcoin and crypto. Rumors circulated as the weekend drew to a close that Amazon was planning on integrating bitcoin payments on its platform. The news made the rounds and the markets responded as coin prices shot up. Bitcoin price saw over 10% gains in the hours following news of the rumor breaking....

Goldman Sachs just launched a ‘DeFi’ fund…with zero DeFi coins

Jul 27 2021 Published at CryptoSlate under tags  adoption btcusd defi investments technology

Expect Goldman to say one thing and do the other. A case in point is the influential US bank’s new ‘Innovate DeFi and Blockchain Equity ETF’ fund, which, despite its name, contains no exposure to any actual decentralized finance (DeFi) tokens. “The Index...

Bitcoin Reverses After Amazon Denies Acceptance

Reading Time: 2 minutes Amazon yesterday denied that it plans to accept Bitcoin, causing the price to drop after a six-day run Bitcoin had rallied from $29,000 to $40,600 in the past week, effectively on multiple short squeezes Bitcoin remains in the same two-month old...

Currency.com U.S. CEO talks user experience, regulatory promise, and more

Jul 27 2021 Published at CryptoSlate under tags  adoption exchanges interview

CryptoSlate recently sat down with Steve Gregory of Currency.com and formerly CEX, to talk about what’s happening in this exciting space and what types of changes everyone can prepare for moving forward. The post Currency.com U.S. CEO talks user experience, regulatory promise, and more appeared...

Jul 26 2021

Bitcoin Awareness And Adoption In Singapore Is Huge

Jul 26 2021 Published at Bitcoin Magazine under tags  adoption bitcoin culture irci singapore

The IRCI Singapore found that 90% of citizens have heard of Bitcoin while 40% own it, with 39% of Singaporeans seeing it as an investment.An independent research survey published today examined Singapore's awareness, adoption, trust, and confidence in Bitcoin and cryptocurrencies, finding a 63...

Amazon Bitcoin Acceptance Rumors Gather Pace

Jul 26 2021 Published at FullyCrypto under tags  adoption bitcoin bitcoin news

Reading Time: 2 minutes Amazon plans to accept Bitcoin as payment by the end of the year, a new report reveals. After Bitcoin, the company would add Ethereum, Cardano, and Bitcoin Cash. Amazon also aims to create a native token. Amazon recently...

Jul 23 2021

Bitcoin ATMs Are Popping Up To Meet Demand And Propel Mainstream Adoption

Jul 23 2021 Published at Bitcoin Magazine under tags  adoption bitcoin atm business texas

Bitcoin ATM units in the U.S. have nearly doubled in a year, indicating a growing demand from retail investors who seek convenience.Bitcoin ATMs are popping up across the U.S. as Bitcoin adoption grows. The machines provide a convenient, hassle-free experience for anyone to purchase bitcoin, meeting the growing demand across the country – with some tradeoffs.In less than a year, bitcoin...

Twitter CEO Jack Dorsey Says Bitcoin Will Be A Big Part Of The Social Media Giant’s Future

Bitcoin adoption continues to creep more into the mainstream with each passing day. Twitter CEO Jack Dorsey said in a recent Twitter earnings call that bitcoin will be a “big part” of the social media’s giant future going forward. Dorsey...

The people of El Salvador are protesting against Bitcoin bill

Jul 23 2021 Published at CryptoSlate under tags  adoption btc

President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after...

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