Crypto Adoption

Adoption of crypto and blockchain technologies.


What would help the adoption of cryptocurrencies - my initial thoughts

4 Nov 2020 1 minute read 0 comments Gabor

Crypto has become popular in the recent years, but we are still far away from mass adoption. And despite the Bitcoin whitepaper being published 12 years ago, most of the people are not familiar with this ground-breaking technology. If you read this a...

Over $300 million in China’s CBDC Has Been Spent

3 Nov 2020 1 minute read 2 comments author_nan

According to a report from Reuters on November 2, China’s Digital Yuan CBDC has already seen approximately $300 million spent by citizens. Speaking at Hong Kong’s “Fintech Week” conference, Governor of the People’s Bank of China Yi Gang said that mo...

PayPal Earnings Call Outlines Firm’s Crypto Plans

3 Nov 2020 1 minute read 3 comments author_nan

In a Q3 earnings report call held on November 2, PayPal outlined its plans for cryptocurrency support, offering insight into how it plans to strategize the asset class in 2021. The key highlight from the call was that cryptocurrency services would b...

Tezos smart contract usage continues to grow: 183% compared to last month

2 Nov 2020 2 minute read 4 comments Allen Walters

While XTZ value is currently lagging, we've seen another month where Tezos strengthed its technical position and increasing its network effect. Lets start with a recap of last months news:- 2 Oct 2020: Venture Studio Draper-Goren-Holm (Billionaire Ti...

Bitcoin is going to be adopted not only by individuals but even by companies!

31 Oct 2020 4 minute read 0 comments qsyal

It's no secret the relationship between Bitcoin and traditional banks and entities was until very recent NOT so good.In fact, Bitcoin has been undergoing fierce battles of discrediting against many institutional companies since it came into existence...

The Swiss city Wetzikon will issue Tezos-based tokens "Wetzikoins" to support local businesses

30 Oct 2020 3 minute read 3 comments Allen Walters

During the COVID pandemic, local businesses see their sales decline. To support these businesses, the Swiss city of Wetzikon issues "Wetzikoins" to its citizens, which they can spend at local businesses. Wetzokoins are worth CHF 10.- which is worth a...

Grayscale Report Show That Over Half of US Investors Are Interested in Bitcoin

29 Oct 2020 1 minute read 0 comments author_nan

Digital asset management firm Grayscale Investments released its latest report on October 27, covering investor behaviour related to Bitcoin (BTC) investments.  Titled ‘Bitcoin Investor Study’, the report analyzed the degree of mainstream adoption t...

Crypto in the Post-Soviet sphere - Why it’s booming

28 Oct 2020 5 minute read 3 comments Giorgi Mikhelidze

One great thing about cryptocurrencies is that they’re not restricted to a specific location, a specific industry, or anything specific really. They can be everywhere due to how versatile they are. But this doesn’t mean they’re successful or popular...

Microstrategy Wants to Invest More in Bitcoin

28 Oct 2020 1 minute read 4 comments author_nan

In an earnings call held on October 27, Microstrategy President Phong Le made clear that the company was looking to pour more funds to its Bitcoin (BTC) investments. Le noted both the financial and reputational benefit associated with the $426 milli...

JPMorgan Flips Its View on Bitcoin

26 Oct 2020 1 minute read 5 comments author_nan

Multinational investment bank JPMorgan Chase has changed its stance on Bitcoin (BTC), now saying that Bitcoin could easily double or triple its value. Business Insider published a report on October 23 having obtained an internal note discussing the a...