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A collection of 19 posts

Stablecoin Payments Surge to $94.2 Billion with USDT Dominating Market

Stablecoin Payments Surge to $94.2 Billion with USDT Dominating Market

Stablecoins have emerged as a transformative force in global finance, offering a faster and more cost-effective alternative to traditional payment systems. A new report from Artemis, Castle Island Ventures, and Dragonfly reveals that stablecoin payments settled $94.2 billion between January 2023 and February 2025, with an annualized run rate

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

Why 50 Million Americans Are Choosing Bitcoin Over Gold

Why 50 Million Americans Are Choosing Bitcoin Over Gold

In a striking shift in financial priorities, nearly 50 million Americans now own Bitcoin, surpassing the number of those holding gold. As of May 2025, approximately 49.6 million people in the United States, or about 14% of the population, have embraced the cryptocurrency, compared to 36.7 million who

Bitcoin Emerges as Russia’s Top Investment Asset in 2025

Bitcoin Emerges as Russia’s Top Investment Asset in 2025

Russia’s central bank has declared Bitcoin the top performing investment asset in 2025, outpacing traditional options like gold and stocks. This revelation, detailed in a recent analysis from Moscow’s financial regulators, marks a significant moment for cryptocurrencies, which are increasingly gaining traction in mainstream markets. The report underscores

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

Bitcoin Mining Embraces Sustainability as Cambridge Study Reveals 52.4% Clean Energy Use

Bitcoin Mining Embraces Sustainability as Cambridge Study Reveals 52.4% Clean Energy Use

A recent study from Cambridge University highlights a significant shift in the Bitcoin mining industry, with sustainable energy sources now accounting for 52.4% of its power consumption. This marks a notable increase from 37.6% in 2022, surpassing the 50% threshold set by Tesla CEO Elon Musk for resuming

Bitcoin Mining Costs Surge 47% Amid Rising Expenses

Bitcoin Mining Costs Surge 47% Amid Rising Expenses

The cost of mining Bitcoin skyrocketed in the final quarter of 2024, climbing to an average of $82,162 for publicly listed miners, a 47% increase from the previous quarter, according to a comprehensive CoinShares industry report. When factoring in non-cash expenses like depreciation and stock-based compensation, the total production

El Salvador’s Bitcoin Experiment Struggles as 89% of Registered Businesses Are Inactive

El Salvador’s Bitcoin Experiment Struggles as 89% of Registered Businesses Are Inactive

In a striking development from El Salvador’s Central Reserve Bank (BCR), a remarkable 89% of registered Bitcoin service providers in the country are currently non-operational. This finding casts doubt on the success of El Salvador’s bold Bitcoin adoption strategy, which captured global attention in 2021 when the nation

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

Crypto Trading Volumes Hit $18.83 Trillion in 2024, Yet Fall Short of 2021’s Record High

Crypto Trading Volumes Hit $18.83 Trillion in 2024, Yet Fall Short of 2021’s Record High

The crypto space in 2024 was a whirlwind of activity, with trading volumes across the top 15 centralized exchanges reaching an impressive $18.83 trillion. That’s a hefty jump from the $8.05 trillion recorded in 2023, marking a growth of over 134%. Binance led the pack as the

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin mining, often criticized for its environmental footprint, is now making headlines for its significant economic contributions to the United States. A comprehensive analysis by the Perryman Group, commissioned by key crypto advocacy groups like the Digital Chamber of Commerce and the Texas Blockchain Council, highlights the industry's

Tether Breaks Records with $13 Billion Profit and Bitcoin and Gold Holdings

Tether Breaks Records with $13 Billion Profit and Bitcoin and Gold Holdings

Tether's 2024 financial performance is nothing short of amazing, showcasing the stablecoin giant's dominance in the crypto space. The company reported $13 billion in net profits for the year, fueled in part by its strategic investments in Bitcoin and gold, which alone contributed $5 billion in

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

BlackRock Report Says Crypto Has Surpassed Growth of Mobile Phones and Internet

In a new report, BlackRock, the asset management company overseeing $10 trillion, has said that the growth trajectory of cryptocurrencies has exceeded that of both mobile phones and the internet. The report highlights that the crypto sector has now attracted 300 million users worldwide, a milestone reached in just 12

Fidelity Predicts Governments Will Invest in Bitcoin Next Year

Fidelity Predicts Governments Will Invest in Bitcoin Next Year

Fidelity Investments, a firm managing assets worth $5.4 trillion, has declared that 2025 might see significant government involvement in Bitcoin. The financial giant suggests that nation-states and central banks are on the brink of becoming the next major investors in this cryptocurrency, reflecting a shift towards recognizing Bitcoin as

Crypto Market Soared to $3.91 Trillion in 2024 According to Binance Research

Crypto Market Soared to $3.91 Trillion in 2024 According to Binance Research

The cryptocurrency market in 2024 wasn't just another blip on the financial radar; it was a monumental rise to a record-breaking $3.91 trillion market cap, as reported by Binance Research. This surge wasn't just numbers on a screen; it was a clear sign of Bitcoin&

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

Bitcoin's 2025 Bull Market Faces Quantum and Policy Hurdles, Warns Matrixport

The cryptocurrency landscape is full of predictions for next year, but few carry the weight of those from Matrixport, a firm co-founded by Jihan Wu, a noted figure in the crypto industry. As we edge towards 2025, Matrixport's latest analysis, posted below, injects a dose of caution into

Report Reveals One Third of South Korea Now Holds Cryptocurrency

Report Reveals One Third of South Korea Now Holds Cryptocurrency

The crypto fever in South Korea has reached extraordinary levels, with a staggering one in three citizens now holding digital currencies. This surge reflects a broader trend of increasing acceptance and enthusiasm for cryptocurrencies, propelled by recent political developments and a general optimism in the market. The Bank of Korea

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

Report: US, China, and UK Dominate in Scam and Failed Crypto Projects

A recent study by 5Money and Storible paints a stark picture of the crypto landscape. From January 2022 to October 2024, the United States, China, and the United Kingdom have emerged as the leading nations in both scam and dead crypto project launches, attracting global attention to the underbelly of