Category: Bitcoin Adoption

Almost Half of Singaporeans Own Cryptocurrencies: Independent Reserve Survey

A new survey conducted by the Independent Reserve revealed that 43% of the residents of Singapore own digital assets. 46% asserted they would purchase virtual currencies in the next year. Singaporeans Are Keen on Crypto The Australian trading venue Independent Reserve (IRCI) surveyed 1,000 participants to determine the level of cryptocurrency adoption in Singapore. Per […]

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Want a Bitcoin ETF? Try Waiting Until 2023, Wilshire Phoenix Co-Founder Says

The massive cryptocurrency boom during the latter half of 2020 and the first half of 2021, coupled with a wave of institutional investors betting billions of dollars on the growth of the ecosystem, helped raise optimistic expectations around the approval of a Bitcoin ETF in the United States. But one of the previous (unsuccessful) applicants […]

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Circle K to Host Bitcoin ATMs Across its Convenience Stores

Major bitcoin ATM operator Bitcoin Depot has inked a long-term partnership deal with convenience store chain Circle K to install Bitcoin kiosks in the United States and Canada. Bitcoin Depot and Circle K Partner to Install Bitcoin ATMs Bitcoin Depot announced the deal via a press release on Thursday (July 22, 2021). According to the […]

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Billionaire Thomas Peterffy Admits He Has Invested in Cryptocurrencies

Billionaire Thomas Peterffy Admits He Has Invested in Cryptocurrencies

Thomas Peterffy – Founder and Chairman of Interactive Brokers – revealed he had personally purchased some cryptocurrencies for himself. In addition, the billionaire stated that the clients of his company have been showing a growing demand for digital assets services. ‘You Have to Play The Odds’ During a CNBC interview, the Hungarian-born businessman Thomas Peterffy […]

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Salvadorans take to the streets to protest the Bitcoin Law

A group of protesters consisting mainly of leftist unions and University students gathered outside the Legislative Assembly to protest the Bitcoin law The law has also been the subject of concern by the IMF and JPMorgan experts  Salvadorans took to the street to protest the controversial Bitcoin Law. The law, which obligates local businesses to […]

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45% of the Ultra-Rich Are Interested in Crypto, Goldman Sachs Reports

While the world worries about the fall of Bitcoin prices, billionaires are increasingly enamored with the cryptocurrency. A recent Goldman Sachs study revealed that at least 45% of family offices are interested in investing large amounts of money in cryptocurrencies. Family offices are firms in charge of managing the money of billionaires such as Amazon’s […]

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PayPal Raises Limit on Cryptocurrency Purchases to $100K Per Week

PayPal Raises Limit on Cryptocurrency Purchases to $100K Per Week

PayPal’s decision to support operations with cryptocurrencies has brought outstanding results, and a few hours ago, it just hit the gas pedal and increased the limit on cryptocurrency purchases giving its customer more freedom to buy their beloved digital assets. According to an Official PR, duly registered customers will now be able to buy up […]

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11% of UK Citizens Consider Buying Crypto Over the Next Year: Survey

With cryptocurrencies taking center stage in the financial industry in recent months, a new survey has revealed that an increasing number of UK residents are considering adding crypto assets to their investment portfolios in the coming months. UK Adults Consider Buying Crypto The research was conducted by Ziglu, a UK-based money app, and cryptocurrency platform. […]

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Leading Smart Product Retailer Wellbots Now Accepting Bitcoin Payments

Wellbots, a U.S.-based smart product online retailer, has announced that its customers can now make payments for goods at checkout using six cryptocurrencies.  Wellbots Now Accepts BTC  Announcing the development in a press release today, Wellbots said it will now accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and popular stablecoins Dai and […]

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Sotheby’s Sells Diamond For $12 Million in Cryptocurrency

Sotheby’s Sells Diamond For $12 Million in Cryptocurrency

Cryptocurrencies have many use cases and vanity is one of them. Sotheby’s, one of the world’s most renowned auction houses, announced yesterday the sale of the second-largest pear-shaped diamond ever to be sold publicly, and the buyer paid in cryptocurrency. The auction house did not disclose the winner’s information, but according to an updated information […]

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