Category: Adoption

Bitcoin ETP volumes grew in October amidst institutional demand

Crypto exchange-traded products (ETP), institutional offerings that track the price of crypto assets like Bitcoin and Ethereum, saw their volumes increase by over 2.2% this month, as per a report by CryptoCompare. The data comes as institutional Bitcoin adoption was bolstered by last month’s $375 million BTC purchase by software firm MicroStrategy and Square’s $50…

October 20, 2020
New Zealand has no imminent plans to issue CBDC, says central bank exec

Important questions about CBDCs remain unanswered for the Kiwi’s central bank.

October 20, 2020
Bitcoin’s ETF chances are improving as global crypto regulation increases

Much crypto investor focus has been placed on decentralized finance over recent months. But an underlying narrative remains the potential for a U.S.-regulated Bitcoin exchange-traded fund, which should theoretically allow any investor to easily and securely build a bet on digital assets. Firms such as Gemini and VanEck have made multiple attempts at launching a…

October 20, 2020
Report ranks crypto next to gold in popularity with Russian investors

Crypto seems to be nearly as popular as gold among Russian investors.

October 20, 2020
Why the crypto industry needs an EDGAR

In just over ten years, crypto has gone from a white paper to a massive global innovation. Cryptocurrencies, once thought of as just a fad, are being implemented worldwide, with 154 countries adopting some kind of cryptocurrency usage, Bitcoin still being the most popular. More industries and countries are recognizing the benefits of blockchain technology,…

October 19, 2020
Here’s why Bitcoin will boom in the “biggest overhaul” of finance

The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies. However, this presents a concern for the inclusivity of decentralized cryptocurrencies like Bitcoin…

October 19, 2020
New paradigm: Ethereum fees regularly surpass Bitcoin, and it’s good for ETH

Fees on the Ethereum blockchain network are consistently surpassing Bitcoin and industry executives say it could spark a “new paradigm.” Cole Kennelly, who heads growth at Staked, institution-focused decentralized finance (DeFi) firm, said: “ETH fees are consistently materially higher than $BTC fees. A new paradigm.” $ETH fees are consistently materially higher than $BTC fees. A…

October 19, 2020
Bitcoin price holds strong amid negative news blitz, says CoinShares report

There was a time when Bitcoin seemed to be directly influenced by the daily news cycle.

October 19, 2020
Exploring the landscape of crypto regulations in sub-Saharan Africa

Despite facing hot-and-cold rules, growing crypto usage in sub-Saharan Africa is forcing regulators to reconsider the industry.

October 19, 2020
Mission-driven cryptocurrency requires an active commitment to equity

Crypto isn’t inherently good in just its development and proliferation; the community must address the reasons causing financial exclusion.

October 17, 2020