Category: Adoption

Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says

February 26, 2021

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Bitcoin will become more stable and liquid when regulatory certainty is in place, Bridgewater’s director of investment research argued. 10217 Total views 26 Total shares A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed […]

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Total estimated crypto users worldwide tops 100 million, survey finds

February 24, 2021

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Bitcoin’s runaway growth in January boosted the global crypto user base by close to 16%, according to an analysis from Crypto.com. 4546 Total views 15 Total shares Crypto exchange and debit card provider Crypto.com has published a new report estimating that the total number of crypto users globally rose from 66 million in May 2020 […]

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MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC

February 24, 2021

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CEO Michael Saylor said the firm doesn’t intend to slow down the rate of its Bitcoin acquisitions after buying another $1 billion worth of BTC. 4797 Total views 66 Total shares Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Wednesday after purchasing an additional 19,452 coins, taking its total haul to […]

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Bitwise assets under management hit $1B, fueled by professional investors

February 23, 2021

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Assets under management have doubled since the fourth quarter, highlighting growing mainstream adoption of Bitcoin and other cryptocurrencies. 1442 Total views 7 Total shares Bitwise, a leading cryptocurrency fund manager, reported another major milestone on Tuesday as the assets under management for its digital asset funds crossed $1 billion for the first time.  The Bitwise […]

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The social side of institutional push: Popular excitement drives crypto adoption

February 19, 2021

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The start of February has brought yet another batch of evidence supporting the notion that the ongoing surge of crypto prices has deep institutional roots. Ignited by market whisperer Elon Musk and his Tesla’s announcement of a $1.5-billion Bitcoin position, the bullish cycle was reinforced by further news coming from the likes of Mastercard, Amazon […]

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UK firm launches service for company treasuries to invest in Bitcoin

February 19, 2021

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U.K.-based crypto firm BCB Group is looking to provide corporations with a way to put Bitcoin on their balance sheet by launching a dedicated treasury. 16140 Total views 27 Total shares BCB Group, a global digital financial services firm, is planning to help corporations navigate cryptocurrencies like Bitcoin (BTC) by launching a dedicated service. According […]

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Fortune 500 firm Geely to launch joint blockchain venture in China

February 19, 2021

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A Swiss blockchain developer and Geely will provide enterprise blockchain solutions to clients, with a focus on digital identity, regtech and privacy enhancement technologies. 5739 Total views 29 Total shares Swiss enterprise blockchain developer, the Concordium Foundation, has signed a joint venture agreement with the $200 billion Chinese conglomerate, Geely Holding Group — the largest […]

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‘I’ve taken a neutral view’ on Bitcoin, says Bill Gates

February 18, 2021

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“Bitcoin can go up and down just based on the mania or whatever the views are,” said the Microsoft co-founder. 2999 Total views 12 Total shares Microsoft co-founder Bill Gates is the latest prominent tech figure to seemingly try to stay out of the fray when it comes to questions about Bitcoin adoption. In an […]

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Enterprise blockchain of today: While some fail, others show potential value

February 18, 2021

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While the price of Bitcoin (BTC) continues to reach record-breaking all-time highs, the hype around enterprise blockchain adoption may seem like it’s dwindling.  Enterprise blockchain started gaining traction in 2017 when Bitcoin’s price hit a high of nearly $20,000. It was during this time that blue-chip companies, such as IBM, JP Morgan and Walmart, announced […]

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Banks increasingly interested in Bitcoin, says Elliptic co-founder

February 17, 2021

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Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. 4325 Total views 31 Total shares Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report. Tom Robinson, co-founder of major […]

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