Category: Adoption

Corporate giants may not follow MicroStrategy’s Bitcoin adoption play, Raoul Pal explains

Communication is key, especially when it comes to explaining Bitcoin to mainstream corporate entities.

November 3, 2020
U.S. election causes Bitcoin, crypto prediction markets havoc on Biden lead

Traders in the crypto market are increasingly betting on the outcome of the contested U.S. election. So far, the majority of bets are on Joe Biden, the Democratic candidate. Bitcoin is surging on the predicted outcome, as a blue sweep benefits the dominant cryptocurrency. The betting odds in the crypto prediction markets, primarily augur, are…

November 3, 2020
“I am now bullish on Bitcoin”—Bloomberg newsletter talks institutional mania

A Bloomberg newsletter described Bitcoin as a “way of disintermediating the existing financial system.” It comes as the perception of BTC as a store of value is continuing to strengthen amidst rising institutional demand. Oh yeah, I’m bullish on Bitcoin now.https://t.co/ViCeAp2YCi pic.twitter.com/i15kDeU56j — Tracy Alloway (@tracyalloway) November 3, 2020 Tracy Alloway, a Bloomberg financial journalist…

November 3, 2020
ECB’s Christine Lagarde is “prepared” for digital Euro as crypto interest rises

Christine Lagarde — the former Managing Director of the International Monetary Fund and the current President of the European Central Bank (ECB) — invited public reactions and commentary on the topic of a potential Euro-backed digital currency via a Twitter post this weekend. Public opinions on the digital Euro Lagarde’s comments on the possible CBDC,…

November 2, 2020
Australian central bank mentions “Ethereum” as digital currency push continues

With all institutional attention on Bitcoin as of late, Ethereum has received little love from the corporations and governments of the world. But this is changing. The central bank of Australia recently mentioned the word “Ethereum” in an announcement of a new partnership. Australia’s central bank mentions Ethereum in PR announcing ConsenSys partnership First spotted…

November 2, 2020
This country will now buy state-mined Bitcoin to fund imports

The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The move is the first-of-its-kind and marks an important milestone in Bitcoin’s history. Iran has moderately friendly towards the Bitcoin market thus far. Earlier this year, the state allowed for the legal setup…

October 30, 2020
Tim Draper seeks to ‘DeFi‘ the venture capital business with Bitcoin

Tim Draper remains bullish on DeFi and Bitcoin but thinks regulation has not caught up with the technology.

October 30, 2020
Mongolia’s largest bank to offer crypto-related services

The country continues to make slow but sure steps on its way to being a crypto-friendly nation

October 29, 2020
Bitcoin adoption could reach 90% by 2030, investment firm founder claims

Adoption started slow but has ramped up with the passage of time.

October 29, 2020
Fidelity Investments’ crypto arm expands custody to Asia

Asian Bitcoin investors now have a new custody option.

October 29, 2020