Latest Posts with Adoption tag

Adoption

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

4 hours ago 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...

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

29 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

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...

Microstrategy Wants to Invest More in Bitcoin

28 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

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 Abhimanyu Krishnan

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...

Billionaire Paul Tudor Jones: Bitcoin Looking Better than Ever

23 Oct 2020 1 minute read 5 comments Abhimanyu Krishnan

Billionaire Paul Tudor Jones said in an interview on CNBC on October 22 that he was very bullish about Bitcoin and that it was still in the “first inning.” Jones, who revealed his Bitcoin investment in May 2020, offered a very bullish prediction for...

PayPal Might Be Buying Crypto Firms

23 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Bloomberg reported on October 23 that Paypal is considering buying custodian BitGo, among other industry entities. Bloomberg’s sources told the outlet that Paypal was considering buying multiple companies, with BitGo being the most prominent company...

PayPal to Support Cryptocurrency Payments from 2021

22 Oct 2020 1 minute read 2 comments Abhimanyu Krishnan

Online payments platform PayPal announced on October 21 that it would begin allowing users to buy, sell, and hold cryptocurrency in the next few weeks.  PayPal has partnered with Paxos for this service, a development first rumored to have happened in...

PayPal Launches Crypto Service.

21 Oct 2020 1 minute read 0 comments Groonie

Yeah, you read that right. PayPal launches a crypto service. Among their goals in this is "Building Understanding and Adoption of Cryptocurrency". They will initially enable users to hold "Bitcoin, Ethereum, Bitcoin Cash and Litecoin, directly within...

Yet Another Company Puts Their Reserves into Bitcoin

21 Oct 2020 1 minute read 17 comments Abhimanyu Krishnan

According to a press release published on October 21, UK-based company Mode Global Holdings has invested 10% of its cash reserves into Bitcoin, mirroring moves made by other companies in recent months. Mode Global Holdings invested 10% of its cash r...

Crypto is coming to PayPal!

21 Oct 2020 1 minute read 0 comments Mr. Sloth

Reuters released a press statement from PayPal which confirms, that PayPal customers will be able to shop with crypto currencies at 26 million merchants. This is a very big step for the adoption. It seems like this feature will be first rolled out in...