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Adoption

A collection of 25 posts

El Salvador Sees Sharp Decline in Crypto Remittances Amid Policy Shifts

El Salvador Sees Sharp Decline in Crypto Remittances Amid Policy Shifts

El Salvador’s experiment with cryptocurrency as a tool for economic growth seems to have hit a roadblock, with remittances through digital wallets plummeting nearly 45% in the first four months of 2025. Official data from the Central Reserve Bank (BCR) reveals that the country received just $16 million in

SharpLink Targets $1 Billion Investment for Ethereum Treasury

SharpLink Targets $1 Billion Investment for Ethereum Treasury

On May 30, 2025, SharpLink, a sports betting and iGaming platform, made headlines by filing an S-3 ASR form with the U.S. Securities and Exchange Commission, outlining plans to raise $1 billion through a securities offering. The company intends to allocate the majority of these funds to purchasing Ethereum,

How Memecoins Are Driving Crypto Adoption Worldwide

How Memecoins Are Driving Crypto Adoption Worldwide

The crypto landscape is evolving rapidly, with memecoins emerging as a surprising yet significant force in driving widespread adoption. According to the latest Global State of Crypto report from Gemini, a New York-based crypto exchange and custodian, these often-lighthearted digital assets are serving as an entry point for investors who

Crypto Market Rides Wave of Institutional Adoption and Regulatory Progress

Crypto Market Rides Wave of Institutional Adoption and Regulatory Progress

This past week in crypto, the market showcased a robust upward trend, fueled by significant institutional interest and promising regulatory developments. Bitcoin maintained its bullish momentum, flirting with new highs as institutional investors, including firms like Metaplanet and Strategy, aggressively accumulated BTC. Ethereum also gained traction, with its Pectra upgrade

Steak ‘n Shake Starts Accepting Bitcoin Payments at All Fast Food Locations

Steak ‘n Shake Starts Accepting Bitcoin Payments at All Fast Food Locations

Steak 'n Shake has announced that the chain will begin accepting Bitcoin payments at all its fast food locations starting May 16. Shared via a post on X, the decision positions Steak 'n Shake as a forward-thinking player, potentially setting a precedent for other dining establishments. With over

Vivek Ramaswamy’s Strive Merges with Asset Entities to Launch Bitcoin Treasury Company

Vivek Ramaswamy’s Strive Merges with Asset Entities to Launch Bitcoin Treasury Company

Strive Asset Management, backed by entrepreneur Vivek Ramaswamy, has announced a definitive merger agreement with Asset Entities to form a publicly traded Bitcoin treasury company. This strategic move aims to capitalize on the rising interest in Bitcoin among corporate investors, offering a novel approach to integrating digital assets into corporate

Bitcoin Surges as Institutional Demand and Economic Tailwinds Drive Crypto Market Growth

Bitcoin Surges as Institutional Demand and Economic Tailwinds Drive Crypto Market Growth

The crypto market is experiencing a notable upswing, with Bitcoin leading the charge heading toward $100K. Market sentiment is increasingly optimistic, fueled by a combination of robust institutional investment and favorable macroeconomic conditions. These factors are positioning Bitcoin and the broader crypto ecosystem for sustained growth, despite lingering regulatory uncertainties

New Study Reveals Millennials Embrace Crypto for Shopping as Adoption Surges

New Study Reveals Millennials Embrace Crypto for Shopping as Adoption Surges

A recent study reveals that U.S. millennials are increasingly turning to Bitcoin and cryptocurrencies for everyday purchases, marking a significant shift in how this demographic engages with digital finance. According to the Millennial Shopping Habits trend report by Coupon Follow, 42% of American millennials have used cryptocurrency to buy

Mastercard Adds Stablecoin Support to Global Payments System

Mastercard Adds Stablecoin Support to Global Payments System

Mastercard is introducing comprehensive stablecoin transaction capabilities to its ecosystem by enabling seamless global spending and acceptance. As stablecoins gain traction amid clearer regulatory frameworks, they are transitioning from niche crypto trading tools to vital components of efficient, programmable payment systems. Mastercard’s latest initiative ensures that individuals and businesses

WooCommerce Plugin Brings Zano Crypto Privacy to WordPress Stores

WooCommerce Plugin Brings Zano Crypto Privacy to WordPress Stores

A recently launched WooCommerce plugin now allows WordPress store owners to seamlessly integrate Zano, a privacy-focused cryptocurrency, as a payment option. Introduced in 2019, Zano is designed for secure and untraceable transactions, leveraging advanced cryptography to ensure user confidentiality. This development responds to a growing demand for decentralized and private

Corporate Bitcoin Holdings Soar in Q1 2025 Bitwise Report Reveals Growing Adoption Trend

Corporate Bitcoin Holdings Soar in Q1 2025 Bitwise Report Reveals Growing Adoption Trend

The latest Q1 2025 report from Bitwise paints a clear picture of a significant shift in the corporate world as more public companies embrace Bitcoin as a treasury asset. According to the data, 79 public companies now hold a combined total of 688,000 Bitcoins, valued at approximately $57 billion.

New Study Reveals 55 Million U.S. Adults Embrace Cryptocurrency in Everyday Life

New Study Reveals 55 Million U.S. Adults Embrace Cryptocurrency in Everyday Life

A new report released today by the National Cryptocurrency Association (NCA) sheds light on the widespread adoption of digital assets across the United States. Titled the 2025 State of the Crypto Holders Report, this study stands as the largest of its kind, surveying 10,000 American cryptocurrency users in collaboration

Steak ‘n Shake Sparks Buzz with Bitcoin Payment Tease

Steak ‘n Shake Sparks Buzz with Bitcoin Payment Tease

Fast food giant Steak ‘n Shake has once again stirred the pot with a tantalizing hint at embracing Bitcoin payments. On March 7, 2025, the chain took to X with a simple yet provocative question: “Should Steak ‘n Shake accept Bitcoin?” The post quickly caught fire, drawing many social media

Bolivia Embraces Crypto to Address Import Issues Amid Dollar and Fuel Shortages

Bolivia Embraces Crypto to Address Import Issues Amid Dollar and Fuel Shortages

In a bold move to address mounting economic pressures, Bolivia’s state owned energy company, YPFB, has turned to cryptocurrency to facilitate payments for energy imports. This decision comes as the landlocked South American nation grapples with a severe shortage of U.S. dollars and fuel, a crisis that has

Costco is Adding Bitcoin ATMs to Every Store Across the United States

Costco is Adding Bitcoin ATMs to Every Store Across the United States

Costco is embarking on a groundbreaking initiative to integrate Bitcoin ATMs into every one of its stores across the United States. This partnership with LibertyX, a prominent operator in the crypto ATM space, marks a significant step towards making crypto more accessible to the general public. LibertyX's Bitcoin

Bank of America CEO Signals Crypto Adoption if Regulatory Green Light Given

Bank of America CEO Signals Crypto Adoption if Regulatory Green Light Given

In a candid discussion at the World Economic Forum in Davos, Switzerland, Bank of America CEO Brian Moynihan revealed a potential shift in the banking sector's stance on cryptocurrencies. Speaking to CNBC's Andrew Ross Sorkin, Moynihan expressed that the U.S. banking industry is poised to

Dubai Is Building A Crypto Tower to Become a Global Blockchain Hub

Dubai Is Building A Crypto Tower to Become a Global Blockchain Hub

Dubai is setting the stage for a new era in digital finance with the groundbreaking announcement of the Crypto Tower. This initiative is not just about creating office space; it's about fostering an entire ecosystem where blockchain technology can thrive, positioning Dubai as a leading global crypto hub.

Italian Bank Intesa Sanpaolo Ventures into Cryptocurrency with Bitcoin Acquisition

Italian Bank Intesa Sanpaolo Ventures into Cryptocurrency with Bitcoin Acquisition

Intesa Sanpaolo, Italy's largest banking institution, has made a significant move into the cryptocurrency market by purchasing 11 Bitcoin for approximately $1 million dollars. This acquisition, which took place on January 13, 2025, represents the price range of $91,000 to $93,000 dollars per Bitcoin. This bold

Crypto ATMs on the Rise, Closing in on Record Numbers

Crypto ATMs on the Rise, Closing in on Record Numbers

The crypto industry has seen its fair share of ups and downs. However, the landscape of Bitcoin and crypto automated teller machines (ATMs) is showing signs of a robust recovery. As of January 11, 2025, the global count of these machines is just 1,092 units short of the all-time

Asset Manager Standard Chartered Ventures into EU Crypto Custody Services

Asset Manager Standard Chartered Ventures into EU Crypto Custody Services

Standard Chartered, a global banking heavyweight, has taken a significant step into the digital frontier by establishing a new entity in Luxembourg. This move is aimed squarely at offering custody services for cryptocurrencies and other digital assets within the European Union. As traditional financial institutions continue to eye the lucrative

Solana Proposal Targets Scalability for Billions of Users

Solana Proposal Targets Scalability for Billions of Users

Developers for the Solana blockchain have recently unveiled a groundbreaking proposal that could very well redefine it’s capacity to manage billions of user accounts. This move is not just a technical upgrade; it's potentially a leap towards addressing one of the most significant barriers to blockchain adoption.

Solana's Unstoppable Surge into 2025 Blockchain Dominance

Solana's Unstoppable Surge into 2025 Blockchain Dominance

The most talked-about innovation for Solana in the coming years is undoubtedly Firedancer. Developed by Jump, this new validator client is expected to significantly elevate Solana's performance metrics. By focusing on scalability and efficiency, Firedancer promises to increase transaction throughput, making Solana an even more attractive platform for

Bitcoin Transactions Soar to $19 Trillion in 2024, Doubling Previous Year

Bitcoin Transactions Soar to $19 Trillion in 2024, Doubling Previous Year

In 2024, Bitcoin not only solidified its position as a formidable asset in the financial world but also demonstrated its robustness with an astounding $19 trillion in transactions processed through its network. This figure marks a significant rebound from the previous years, showcasing a more than double increase from the

Binance Milestone Passing 240 Million Users as Institutional Adoption Soars

Binance Milestone Passing 240 Million Users as Institutional Adoption Soars

Binance the global crypto exchange has not just grown; it has exploded in user numbers, surpassing an impressive 240 million registered users. This surge can be attributed to its relentless push towards enhancing its platform and broadening its appeal, particularly to institutional investors. Institutional Growth and Trust Building Binance'