Tag: adoption

Dec 07 2021

Grayscale report highlights potential Solana risks, should you be concerned?

Dec 07 2021 Published at CryptoSlate under tags  adoption

Cryptocurrency asset managers Grayscale has released a report titled "An Introduction to Solana." The firm gives a comprehensive assessment of the project, including its history, practical applications, and an...

Grayscale: 77% of US investors are ‘more likely’ to tap into crypto if SEC approves Bitcoin ETF

Dec 07 2021 Published at CryptoSlate under tags  adoption btcusd investments regulation

While more than a quarter of American retail investors already have Bitcoin (BTC) in their portfolios, this number would likely be much higher if the U.S. Securities and Exchange Commission (SEC) approves a spot-based Bitcoin exchange-traded fund (ETF), according to Grayscale Investments. Per the third annual...

Bybit Next Level 2021 — Delivering the Best Platform to All Crypto Lovers

Dec 07 2021 Published at CryptoSlate under tags  adoption

Join us at “Bybit Next Level”, our very own live event, happening at 8AM UTC on Dec. 9, 2021. 2021 has been a huge breakout year for cryptocurrency, not just in terms of its performance but also in its adoption. The crypto market is now worth more than $3 trillion! So what’s next? Our CEO, Ben Zhou, will take you on a journey...

LunarCrush’s new feature will reward users for posting opinions

Dec 07 2021 Published at CryptoSlate under tags  adoption lunarcrush lunr

LunarCrush, a popular social analytics platform, announced the launch of LunarCrush Opinions. The company's latest feature was designed to complement its current offering and provide insights as to how the crypto...

Dec 06 2021

Tether mints an additional $3 billion of USDT in past 2 weeks

Dec 06 2021 Published at CryptoSlate under tags  adoption tether usdc usdt

Tether’s circulating supply has increased to $76 billion as the team minted an additional $3 billion worth of the asset during the last 2 weeks, and most notably $1 billion of those new coins were minted on Tron Network on December 4. Tether mints new coin, faces scrutiny about its backing...

Dec 05 2021

Examining The Lindy Effect And Bitcoin

What is the phenomenon referred to as the Lindy Effect, and how does it relate to Bitcoin?As Bitcoin quickly approaches its teenage years, it’s time to dig into why the fact that it has survived this long makes it incredibly likely that it will continue to survive, and thrive long into the future. In this article we examine The Lindy effect. We...

Why 2022 could be a big year for the Polkadot ecosystem

Dec 05 2021 Published at CryptoSlate under tags  adoption parachains

Polkadot’s ongoing parachain rollout represents the final launch phase for its multi-chain sharded architecture, following rigorous testing, optimization, and auditing, initially carried out on testnets like Rococo and canary network Kusama. The first indication that Polkadot parachains were afoot came in September when Gavin Wood...

Dec 04 2021

Polkadot founder Gavin Wood thought about calling ‘Web3’–‘Post-Snowden Web’

Dec 04 2021 Published at CryptoSlate under tags  adoption dot people privacy

During a historic discussion on the evolution of the decentralized internet at the BlockDown: DeData Conference, Polkadot founder Gavin Wood, who himself coined the term ‘Web3,’ said that...

Why Bitcoin Still Has A Long And Prosperous Road Ahead

With the current lull in price, it may seem that bitcoin is slowing down — but this is simply an illusion.Summary Of The WeekAlthough bitcoin started climbing slightly over the last week of November 2021, it still hasn’t picked up the next leg of the current bull run. The recent dip saw many large HODLers accumulate more bitcoin, while several large...

Dec 03 2021

Bitcoin Backed Loans Considered by Big Banks

Reading Time: 2 minutes Some of the world’s biggest banks could soon issue cash loans with bitcoin as collateral Coindesk reports that Goldman Sachs among others is interested in the idea Fidelity announced on Wednesday that it was allowing institutional customers to...

Banksy’s Love is in the Air to be Divided into 10,000 NFTs

Dec 03 2021 Published at FullyCrypto under tags  adoption blockchain nft nft news

Reading Time: 2 minutes A famous Banksy painting will be split into 10,000 NFTs and sold Love is in the Air was bought at auction by Particle for $12.9 million Each slice will cost $1,500 but can be resold after the sale on the open market A Banksy painting will...

Nov 30 2021

Leapfrogging Legacy Banking To A Bitcoin Standard

How looking at the history of technological adoption can give us insights into where Bitcoin could be embraced the fastest.IntroThroughout time, technology has proven to change our lives by leveraging efficiencies in energy. New ways in how we hunt have saved time and energy for innovation and to live more intentionally. Currently, Bitcoin presents an immense opportunity to change the lives...

Nov 29 2021

CCU Offers BTC Rewards for Exploring Bitcoin eStory

Reading Time: < 1 minute Canadian Bitcoin mining CCU has created an interactive Bitcoin history learning resource CCU is giving away bitcoin for completion of each section and has earmarked 1 BTC for the purpose The Bitcoin eStory is a great way to introduce...

Nov 28 2021

Op-ed: How Algorand is gearing up to become a contender to Ethereum

Nov 28 2021 Published at CryptoSlate under tags  adoption algousd defi guest post opinion

The following is a guest post from Sebastian Quinn, the co-founder of Yieldly. While some have come close, none have quite managed to overthrow the incumbent — neither in user adoption nor market share. However, as time goes on and scalability and efficiency qualms grow stronger, so too do Ethereum’s contenders. When it comes to pinpointing which networks stand a fighting chance at...

Nov 27 2021

El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up

Nov 27 2021 Published at CryptoSlate under tags  adoption btcusd culture

Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The city will have no property, income, or capital gains taxes, and the massive endeavor will be partly financed by a $1 billion Bitcoin bond issued by Blockstream. And while the move was celebrated in the crypto world, ramping criticism of Bukele's policies has begun...

Nov 26 2021

Bank of England chief expresses concern over El Salvador’s Bitcoin experiment

Nov 26 2021 Published at CryptoSlate under tags  adoption btcusd legal regulation

Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country's adoption of Bitcoin as legal tender. Bailey said the move to adopt Bitcoin within a dual currency system was...

ATO Could Use Chainalysis With “Local Flavor”

Reading Time: 2 minutes The Australian Tax Office could use Chainalysis for in-depth reporting on citizens tax reports Chainalysis could be used as the ATO “can’t rely” on users getting their crypto affairs right Chainalysis is already used by U.S. government agencies...

NFT News Roundup – 26/11/2021

Nov 26 2021 Published at FullyCrypto under tags  adoption nft nft news

Reading Time: 2 minutesThis week in NFT land we saw Sotheby’s announce the “biggest NFT charity auction ever”, Martha Stewart give us more reasons to be thankful, and FC Barcelona ditch their NFT contract after a...

Nov 25 2021

Crypto.com token (CRO) added $7 billion to its market cap over past week

Nov 25 2021 Published at CryptoSlate under tags  adoption price watch

On November 17, the cryptocurrency exchange Crypto.com and Anschutz Entertainment Group (AEG) shocked the world with a massive $700 million 20-year agreement on the naming rights of the Staples Center in Los Angeles. And now a week after the announcement, the Crypto.com CRO token price has doubled in...

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