Tag: bitcoin adoption

Oct 27 2022

Bitcoin transaction worth $500M cost $0.80 in fees

Oct 27 2022 Published at CryptoSlate under tags  adoption bitcoin bitcoin adoption payments

The Bitcoin network facilitated a transaction worth over $500 million on Oct. 27, transferring around 24,530 BTC. The entire transaction was sent, processed, and confirmed for a fee of just $0.83. According to data from mempool.space, the 24.5 sat/vB fee was...

Oct 24 2022

Will A Debt Spiral Lead To Bitcoin Adoption?

When the United States has a significant amount of debt, high interest rates and a budget deficit, there can be no hope of ever paying it off.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.I love listening to Greg Foss...

Oct 16 2022

Meet The Catholic Nuns Who Are Building A New Church With Bitcoin

By adopting bitcoin, the Benedictines of Mary, Queen of Apostles from Kansas City were able to build their church and focus on preserving Catholic traditions.This is an opinion editorial by Andy Flattery, a certified financial planner.An observer of modern culture paying even the slightest attention might aptly compare today's world to the Roman Empire in the sixth and seventh centuries. This...

Oct 13 2022

CoinCorner Sets Up Shop In El Salvador, Offers Bitcoin And Lightning Services

Huge move by the CoinCorner team. They waited until the Bitcoin Amsterdam Conference to announce their biggest expansion yet. The company opened up shop in El Salvador AKA Bitcoin country. Considering the level of bitcoinization that CoinCorner has accomplished in the Isle Of Man, this might be one of those stories that turn out to be really important down the line. The company...

Oct 05 2022

South Carolina State Treasurer Travels To El Salvador To Learn About Bitcoin Adoption

Curtis Loftis and other SC officials spent five days in El Salvador experiencing first-hand the country’s Bitcoin adoption.A delegation from South Carolina, U.S. traveled to El Salvador to learn how the country’s recognition of bitcoin as legal tender is transforming its economy, per a release sent to Bitcoin Magazine. Business and technological leaders, healthcare officials and State Treasurer Curtis...

Sep 29 2022

Kazakhstan Completes First Crypto Purchase With Local Currency, Eyes Regulation: Report

President Tokayev said Kazakhstan will give full legal recognition to digital assets if demand persists while they continue testing security concerns.The first purchase of cryptocurrency with Kazakhstan’s local currency has been finalized.The President of Kazakhstan says further demand could likely result in full legal recognition of digital assets. The country will continue running a...

Sep 16 2022

Podcasting 2.0 Will Bring Bitcoin To The Masses

Podcasting 2.0 has the potential to be the first “killer app” outside of using bitcoin as a sound savings vehicle, likely bringing bitcoin to the masses.The below is a direct excerpt of Marty's Bent Issue #1262: “The content monetization via LN wave is here.” Sign up for the newsletter...

Sep 14 2022

China Back Among Top 10 Countries In Bitcoin Usage Despite Ban

A new Chainalysis report shows last year’s ban hasn’t prevented the Chinese from using bitcoin as the country returns to the global adoption rank’s top 10.China is back among the countries with the highest level of bitcoin and cryptocurrency adoption in the world.The findings come from a new Chainalysis report that details the adoption levels of bitcoin and cryptocurrencies per country....

Sep 13 2022

Fireblocks Sees Over $100 Million In Revenue From Subscriptions

Although the crypto market is suffering a long-lasted downtrend and investors reflect negative sentiments, crypto adoption seems to be growing on another verge. Fireblocks, a software-as-a-service (SaaS) company currently operating over 1300 crypto and web 3 businesses, has hit a new high in revenue, indicating crypto use cases continue attracting more businesses worldwide. Related Reading:...

Aug 23 2022

Bitcoin’s Inflation continues until it hits 1B wallets: Scaramucci

Before Bitcoin can function as an inflation hedge, according to the CEO of Skybridge Capital, it has to be much more widely used. Although Bitcoin remains a desirable asset, according to Anthony Scaramucci, CEO of Skybridge Capital, it has not yet attained the "wallet bandwidth" necessary to qualify as an inflation hedge. The CEO of […] The post...

Next Step To Widespread Bitcoin Adoption: Community Banks

With Taro, payments are routed through Lightning, weakening stablecoins and opening up opportunities for community banks to connect users to a global audience.This is an opinion editorial by Leo Weese , co-founder of the Bitcoin Association of Hong Kong, where he has organized Bitcoin meetups since 2012.Over the years, Bitcoin has continually proven itself as a robust asset with a...

Aug 21 2022

Two Ukrainian Tech Titans Now Accept Bitcoin: Report

100 outlets run by two of Ukraine's biggest electronic merchants now accept Bitcoin. Two of Ukraine's major electronic merchants, Techno zhak and Stylus, now accept Bitcoin and other cryptocurrencies as forms of payment. Customers may now use Bitcoin to make purchases from each retailer's online sites or from any of their combined 100+ physical outlets. […] The post...

Aug 19 2022

Two Of Ukraine’s Largest Tech Retailers Now Accept Bitcoin

Ukrainian tech retailers Techno Їzhak and Stylus now accept bitcoin online and in-store as demand for bitcoin as a daily currency grows amid war efforts.Two of Ukraine’s largest tech retailers now accept bitcoin as payment for goods and services. Whitepay is providing the necessary payments infrastructure enabling in-store and online purchases.Ukrainian demand for daily bitcoin use...

Aug 11 2022

“Bitcoin Family” Loses $1 Million In Bear Market, What’s Next For Them?

The “Bitcoin Family” have been in the headlines ever since they put everything that they had into bitcoin back in 2016. By then, the digital asset was only trading at around $900, and the family had become bitcoin millionaires with the most recent run-up. However, like everyone else, the Bitcoin Family has been hit hard by the recent bear market and has seen...

Jul 29 2022

‘Bitcoin Valley’ Hub Launches In Honduras

The private initiative launched in the town of Santa Lucia, Honduras, aims to spur bitcoin adoption and invite more tourism to the region.A local bitcoin hub has been launched in the tourist town of Santa Lucia, Honduras.Coined Bitcoin Valley, the private initiative aims to create a circular Bitcoin economy and increase the flow of tourists in the region by marketing the...

Jul 27 2022

Bitcoin Adoption In El Salvador Continues To Grow

Jimmy Song shares his perspective on El Salvador's adoption of bitcoin, the housing market and how fiat currencies reduce the quality of life.This is a transcribed version of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Jimmy Song to talk about bitcoin adoption in El Salvador....

Jul 20 2022

IBEX Mercado, OSMO Wallet Partner To Further Bitcoin Adoption In Guatemala

Users will have access to Bitcoin’s Lightning Network using OSMO Wallet with IBEX’s infrastructure enabling low-cost, instant payments with cash-out locations.Guatemalans using OSMO Wallet now have access to instant, low-cost bitcoin remittances and payments.OSMO partnered with IBEX Mercado to develop Lightning infrastructure for its users.OSMO partners with AirPak, a remittance...

Jul 12 2022

Bitcoin Product Breaks Record In Q2 Despite Market Crash, Here’s Why

Jul 12 2022 Published at Coingape under tags  bitcoin bitcoin adoption news

Despite massive drop in Bitcoin price over last few months, some of the metrics still show there is widespread interest. With the recent launch of the first ever short Bitcoin ETF in the U.S., interest levels rose dramatically in a bear market. The sudden rise in Bitcoin options comes at a time when BTC fell...

Jun 22 2022

Making Bitcoin Legal Tender In Africa: How CAR Can Find Financial Freedom

Bitcoin advocates have visited the Central African Republic and offered advice on how the country can best adopt BTC as legal tender.The Central African Republic (CAR) shocked the world when its president announced that the country had adopted bitcoin as legal currency.While some assumed that...

Jun 19 2022

The Central African Republic Bets Big On Bitcoin

A group of Bitcoiners traveled to the Central African Republic to meet with the country’s president and discuss pathways for bitcoin adoption.The people of the Central African Republic (CAR) are on a mission to be the first country in Africa to enable widespread bitcoin adoption. They are the second country in the world (after El Salvador) to officially adopt bitcoin as legal...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: