According to a poll conducted by Bitstamp, 88 percent of institutional investors and 75% of retail investors believe that cryptocurrencies will become mainstream within a decade.
MicroStrategy CEO says the company’s strategy is to buy and hold Bitcoin, not sell. The company has over $5 billion worth of BTC. The CEO of MicroStrategy Michael Saylor says that the business intelligence firm, and one of the biggest holders of Bitcoin, has no plans to sell its holdings. Not even when the cryptocurrency … Read moreEven If Bitcoin prices fall, MicroStrategy is not in the business of selling it – Michael Saylor
Communities can now create wealth and move towards financial freedom by investing in Bitcoin, the former audit manager at the Fed said. She noted that crypto allows people in Black and Latino communities to access wealth that is otherwise inaccessible via the traditional financial system. Bitcoin has been singled out as a tool for creating … Read moreBitcoin is ‘a tool for social justice’: ex-Fed official
Anthony Scaramucci says the Bitcoin market could see fresh price declines, forecasting waves of volatility for the leading cryptocurrency. The SkyBridge Capital CEO revealed he won’t be buying the dip, even as BTC price retreats from highs of $44,400. He notes that Bitcoin is still an “early adoption story” and believes its price will grow … Read moreAnthony Scaramucci: Bitcoin hodlers will do well despite sloppiness and ‘waves’ of volatility
Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year. (Read More)Source blockchain.news
The crypto industry saw the opportunity of a lifetime this year when OnlyFans, a platform known mostly for its adult content, announced it would ban sexually explicit content. The crypto and porn industry together represents a very profitable merge that has just started to happen. The world of payment methods has a history of hypocrisy, … Read moreHow Crypto Empowered Porn Creators In 2021: Less Cant More Freedom
As crypto adoption continues to gain steam, Europe is at the helm when it comes to crypto distribution worldwide. (Read More)Source blockchain.news
An explosion in demand for NFTs and growth in the metaverse sector has seen digital assets such as Axie Infinity (AXS), Decentraland (MANA), and The Sandbox (SAND) soar. Animoca Brands’ Yat Siu says the sector has seen “China-like growth” but believes investors must brace for a short term slowdown Yat Siu, the co-founder and chairman … Read moreDigital asset investors to be wary of “bumps in the road,” Animoca Brands’ Yat Siu says
Ehrlich says despite the latest crypto sell-off, some solid crypto assets are long term plays that will likely rebound even higher The investor points out five assets seeing the most volume as investors buy the dip The Voyager app token (VGX) is one of those seeing increased interest in the market Stephen Ehrlich, the CEO … Read moreVoyager Digital CEO Stephen Ehrlich: Crypto sell-off was a ‘knee-jerk reaction’
Despite the fact that a large percentage of all funds seized by the Internal Revenue Service (IRS) in this fiscal year came from cryptocurrency, the agency has projected that it could be able to confiscate more billions from the same source by the next fiscal year. This was revealed via the recently released report of … Read moreThe IRS seized $4 billion worth of Bitcoin and other cryptos this year
The feature will see customers get NOW tokens valued at 0.1% of every transaction amount There’s a standard limit of 1000 NOW tokens per month ChangeNOW has announced a new cashback feature that aims to reward the exchange’s premium customers, the firm said in a press release. Premium membership grants a more personalized and smooth … Read moreChangeNOW announces new cashback feature for loyal customers
Mobius blasts crypto as merely speculative He sees stocks as the better bet Bitcoin and Ethereum have soared since March 2020 Mark Mobius, the founder of Mobius Capital Partners LLP, has described cryptocurrencies as a religion and not investment in the sense of what the market knows of stocks. crypto is a ‘religion’ In an interview … Read moreMark Mobius says crypto is a religion, not investment
The verification feature is a partnership between Adobe and NFT provider Rarible. Adobe is entering the NFT marketplace via a partnership on a project likely to see the global tech company contribute towards digital verification of various items created on the company’s many platforms. The new feature, dubbed “Content Credentials”, is a collaboration with Rarible, … Read moreAdobe to test new NFT verification feature
Crypto adoption in the Middle East is higher than it has ever been. And regulatory frameworks to support Crypto-related financial services are growing. The United Arab Emirates’ Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority (DWTCA). This agreement aims to support the regulation and trading of cryptocurrencies in … Read moreUAE Authorities Sign Agreement To Support Crypto Trading
The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally. BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors … Read moreData: Bitcoin (BTC) adoption grows 1,200% in Africa
Bitcoin adoption is indeed ramping up in recent months. From retail outlets announcing users can checkout using their bitcoins to El Salvador officially accepting Bitcoin as a legal tender, there is no doubt that Bitcoin is headed for mainstream adoption. Coming hot on the heels of recent news of adoption is a peculiar situation with … Read moreU.K. Post Office Now Allows Users Purchase Bitcoin Through Its App
Students are now turning to crypto to plug the financial gap that comes with schooling. It is no surprise that the cost of schooling has gone up tremendously over the years. Now more than ever, students are graduating with tens of thousands of dollars in student debt. But even the massive loans students have to … Read moreStudents Are Now Turning To Crypto To Help With School Expenses
A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there is a need for the … Read moreDeloitte Survey Shows 76% Of Finance Execs Think Physical Money Is Nearing Its End
Countries in Asia, especially India, are outpacing the rest of the world when it comes to adoption of cryptocurrencies. A recent analysis of the markets by the research firm Finder has found that the top five countries in terms of crypto ownership are all located in Asia. Though these countries were considered as unimportant earlier, … Read moreWhy Is India Leading In Crypto Adoption?
