Category: Adoption

MicroStrategy buys another $10 million of Bitcoin, and it’s now sitting on over $2 billion in BTC

Expect Micheal Saylor to purchase all your Bitcoins the minute you stop paying attention. The MicroStrategy CEO announced today that the enterprise software maker had purchased over $10 million worth of Bitcoin, adding to its war chest of over two billion dollars worth of the asset already. “MicroStrategy has purchased approximately 295 bitcoins for $10.0…

February 2, 2021
Algorand (ALGO) is now bringing music to the booming DeFi industry

The high-speed blockchain will be used to power an upcoming platform that connects investors with music artists. Turning to Algorand The Algorand blockchain will be utilized on Opulous, an upcoming music service and payments protocol, CryptoSlate learned in a release today. Opulous is a peer-to-peer platform to help increase artists’ access to capital without the…

February 2, 2021
Mark Cuban’s opinion of Bitcoin has changed dramatically over the years

With the attention Bitcoin has received, 2021 has already proven itself to be a year of great change. With one month down, it looks like that will continue as billionaire Mark Cuban increasingly softens his stance towards Bitcoin. The Dallas Mavericks owner once said he would “rather have bananas than bitcoin.” But based on his…

February 1, 2021
Elon Musk: “I Am A Supporter Of Bitcoin”

Elon Musk, the richest person in the world, has publicly confirmed that he has taken the orange pill. Last week, he added “#Bitcoin” to his Twitter description and set Bitcoin Twitter off on an eruption of good vibes. Now, he has publicly voiced his support for Bitcoin on audio chat app Clubhouse. Late last night,…

February 1, 2021
ARK Invest lays out what it would take for Bitcoin to hit $70K

Bitcoin’s price is supported by “robust network fundamentals,” says ARK Invest. If more companies allocate a portion of their balance sheet to BTC, the price could skyrocket.

February 1, 2021
What Elon Musk said about Bitcoin during today’s packed Clubhouse event

I don’t know about you but around two hours ago, I had my eyes and fingers glued to my iPhone trying to join the latest Clubhouse even with Elon Musk. Unfortunately, I didn’t get in. Well, kind of. I quickly found a bootleg stream of the event on Youtube and another on Discord set up…

February 1, 2021
Kiss rocker Gene Simmons is bullish on DOGE and XRP

Kiss frontman and a known crypto fan Gene Simmons is bullish on several cryptos including Bitcoin, Ether, XRP and Dogecoin.

February 1, 2021
DEX tokens soar as trust in centralized exchanges is eroding

While the past week has been somewhat tumultuous, to put it mildly, for both crypto and stock markets, it looks like digital tokens related to decentralized exchanges (DEXs) are actually having a great time. The sector is in the green across the board as most DEX tokens are up anywhere between 1.3% and 317% over…

January 31, 2021
Bitcoin could soon feature on VISA network, CEO Al Kelly says

The payments giant might add cryptocurrencies to its expansive global network. Bitcoin on VISA? Payments giant VISA could soon add Bitcoin and other cryptocurrencies to its expansive payments network, CEO Alfred Kelly said during an online appearance last week. “To the extent, a specific digital currency becomes a recognized means of exchange, there’s no reason…

January 31, 2021
Run, blockchain, run! DeFi adoption needs faster block times

Low-cost, low-latency and highly scalable blockchain infrastructure — that is what will lead crypto and DeFi to real mass adoption.

January 30, 2021