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Nalezeno "Adoption": 4869

Coinbase's Global Exchange Surges with $280 Million Daily Trading Activity – Can it Overtake Binance?

20.8.2023
Coinbase's offshore derivatives exchange has experienced a significant surge in trading activity, with volumes approaching $300 million per day. According to data from The Block's data dashboard, Coinbase International, which facilitates trading in perpetual futures contracts, has consistently...

El Salvador Diary: Lightning Is Key to Bitcoin Adoption

18.8.2023
As he travels around the first country to adopt Bitcoin as legal tender, Jonathan Martin finds that few are using it. But Lightning integration could soon change the game

Mastercard Launches Forum for Crypto Industry Players to Discuss CBDCs

18.8.2023
Payments giant Mastercard has established a forum to facilitate discussions and collaboration among industry players in the cryptocurrency sphere regarding central bank digital currencies (CBDCs). In a Thursday blog post, Mastercard said that the CBDC Partner Program has already attracted...

Hong Kong's Ambitions in the Crypto Space: Executives Weigh in on Web3 and Regulation

18.8.2023
Hong Kong has set its sights on becoming a major crypto hub as the region actively promotes the development of Web3. The Securities and Futures Commission (SFC), the country's main financial regulator, is ostensibly accompanying this ambition with plans to regulate the crypto space by granting...

China’s Shanghai and Suzhou Ready Fresh CBDC Adoption Drive

18.8.2023
The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC. The central People’s Bank of China (PBoC) recently claimed that almost $250 billion worth of CBDC transactions had been processed in the nation to date....

PayPal’s stablecoin opens door for crypto adoption in traditional finance

17.8.2023
PayPal’s stablecoin sparked conversations over traditional finance’s growing interaction with the crypto space, stablecoin regulations and more

‘High-Net-Worth’ Chileans Growing Crypto Keen, Says Expert

17.8.2023
“High-net-worth-individuals” in Chile are growing increasingly keen on crypto investment, an expert has claimed. Per America Economia, the comments were made by Christopher Storaker, the CEO of Arch Finance, a crypto investment firm with a presence in the Latin American country. Storaker...

Blockchain Startup Nova Labs Introduces Affordable $5 Phone Plan – Crypto Adoption on the Rise?

16.8.2023
Blockchain startup Nova Labs has announced the launch of a new phone plan that offers users unlimited text, talk, and data at just $5 per month. In a Tuesday press release, Nova Labs said that the plan will initially be available only to residents of Miami or those who have received an invitation...

The effect of Litecoin Halving & its adoption in crypto industry

16.8.2023
Litecoin Halving has been one of the most game-changing events in the crypto sports betting industry. Litecoin Halving occurs approximately every 4 years or 840,000 blocks. Halving is a process of reducing the amount of block rewards paid to the miners by half. Litecoin Halving is a hardcoded...

Bank of America Assesses Significance of Paypal’s USD Stablecoin and Fednow System

16.8.2023
Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system. The bank does not expect the widespread adoption of PYUSD to occur in the near future, noting that the introduction of Paypal’s stablecoin will not lead to “accelerated...

Coinbase Exchange Launches Stand with Crypto Alliance, an Independent Pro-Crypto Advocacy Group

15.8.2023
Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community. Dubbed Stand with Crypto Alliance, the independent nonprofit organization aims to mobilize support for legislation that would create a regulatory framework for digital assets...

The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

15.8.2023
The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said

Anton Katz of Talos Highlights the Need for Better Infrastructure to Woo Wall Street to Crypto

14.8.2023
Anton Katz, CEO of digital asset trading platform Talos, has highlighted the need for better infrastructure in the crypto industry to attract Wall Street investors. In a recent interview, Katz emphasized that banks and hedge funds are looking for the right applications and tools to fully...

Crypto adoption crosses party lines amid Washington’s political deadlock

14.8.2023
Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements

Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein

14.8.2023
New capital will enter the market from fresh stablecoin supply, tokenization of traditional assets, native crypto infrastructure tokenization and ETFs, the report said

PayPal Unveils Cryptocurrencies Hub: A New Crypto-Inclusive Feature

14.8.2023
Payments giant PayPal has launched a new feature that allows users to hold and interact with Bitcoin (BTC) and other cryptocurrencies in their accounts. The new functionality, called Cryptocurrencies Hub, will allow users to not only hold a balance in various cryptocurrencies but also engage...

Bank of America Says PayPal’s Stablecoin Will Not Record Significant Adoption In The Coming Months

11.8.2023
A new report by the Bank of America suggests that PayPal’s new stablecoin, PYUSD will not record the projected adoption in the near term citing tougher competition and indifference of investors. Per the report, the launch of the new stablecoin by the financial giant is great for the digital asset...