Adoption Financial News

07.01 / 18:17

Ethereum Adoption Bloomberg Bitcoin Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence

Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.

07.01 / 17:35

business Technology Adoption Sport The biggest consumer brands that engaged with crypto in 2021

2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on the edge of their seats.

07.01 / 15:41

business Blockchain Adoption London Traffic UK air traffic tech firm uses Hedera Hashgraph to track drones

Hedera's public ledger consensus service was recently used to “gather, store, and order” millions of data points in a drone data trial sponsored by the United Kingdom government.

07.01 / 14:39

business Blockchain Adoption Samsung Samsung launches metaverse store in Decentraland

Samsung is the latest megacorporation to announce a metaventure project, opting for Decentraland for its metaverse project.

07.01 / 04:17

Stablecoin Adoption defi Decentralization $139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

Decentralized stablecoin issuer Terra issued an ambitious proposal to expand the interchain deployment of its UST stablecoin across five projects on Ethereum, Polygon, and Solana.

07.01 / 00:17

Blockchain Adoption Research Bitcoin Grant rights Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund

The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund.

06.01 / 21:47

markets Blockchain Adoption defi Oracle tokens turn bullish as blockchain projects focus on interoperability

2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols.

06.01 / 20:17

Adoption NFT Samsung retail Samsung Opens ‘Limited Time’ Store in Decentraland, Lures Metaverse Visitors With Rewards

The electronics behemoth Samsung has taken its second major step into the world of the metaverse and non-fungible tokens (NFTs) in the space of a week, unveiling a new temporary store in the virtual world of Decentraland (MANA).

06.01 / 18:41

Adoption Central Bank WeChat Winter Olympics WeChat Pay Interoperability is Another Key Breakthrough for Digital Yuan Pilot

Payment platform WeChat Pay began its own digital yuan journey, at the time when millions of Chinese citizens are getting their first taste of what life is like with a central bank digital currency (CBDC) – as citizens in some of the country's biggest cities began using a pilot version of a CBDC app.

06.01 / 17:31

Blockchain Adoption Cardano Bitcoin Five coins that saw huge gains in 2021

The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created a whole new digital currency cyberspace encompassing all corners of the world.

06.01 / 17:31

business Blockchain Adoption Digital Currency Support Major payments app WeChat to add support for China's digital yuan

WeChat, China's largest messaging app and one of the country's most popular payment services, will start supporting the Chinese government's digital currency.

06.01 / 16:31

Adoption Investments Gold Bitcoin Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation

Hedge fund manager Ray Dalio remains bullish on Bitcoin (BTC) in 2022, listing three primary reasons why Bitcoin is “impressive.” In a recent interview with The Investors Podcast, he talked up gold and BTC as an inflation hedge.

06.01 / 15:31

cryptocurrency Adoption Crime Chainalysis Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains

The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”

06.01 / 07:47

business Blockchain Art Adoption Why Kevin O'Leary thinks NFTs could become bigger than Bitcoin

Millionaire investor and crypto proponent Kevin O'Leary thinks that the NFT sector could be worth more than Bitcoin in the future.

06.01 / 07:47

markets Adoption Bitcoin Bitcoin Price crypto market cap Raoul Pal says 'reasonable chance' crypto market cap could 100X by 2030

Former Goldman Sachs hedge fund manager and Real Vision CEO Raoul Pal thinks that the crypto market cap could increase 100X by the end of this decade.

06.01 / 02:39

Blockchain Ethereum Adoption Binance Time 3 reasons why Cosmos (ATOM) price is near a new all-time high

Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard into the growing world of crypto while both new and established projects search for the chain that will best serve the needs of their protocol and community.

05.01 / 23:11

markets Stablecoin Adoption defi ATH 3 key metrics show DeFi's TVL on the verge of a new ATH

As 2022 gets underway, the decentralized finance (DeFi) sector of the cryptocurrency ecosystem appears to be gaining momentum in what could be an echo of the bullish market seen in seen in early 2021.

05.01 / 18:35

Adoption advertisement Bitcoin ad UK advertiser ASA continues crypto ad banning spree

The United Kingdom’s Advertising Standards Authority, or ASA, has ruled to place an official ban on two mobile application advertisements from popular trading platform Crypto.com which promoted the ease of purchasing cryptocurrencies such as Bitcoin, as well as earning yield rewards on digital assets.

05.01 / 17:53

Adoption NFT Scams Influencer The worst influencer and celebrity NFT cash grabs of 2021

The monumental growth of the nonfungible token (NFT) sector in 2021 was a double-edged sword. While it may have transformed the wealth of countless investors and artists alike, it also gave birth to an alarming trend of popular figures who pounced on the tech to turn JPEGs into a quick profit.

05.01 / 14:55

Blockchain Adoption NFT Sport Golf startup putts $10.5 million in NFT sales

No sector of the economy or indeed life is safe from nonfungible tokens (NFTs) or tokenization. Golf is the latest sport to succumb to the lure of NFTs and a round of decentralization thanks to the efforts of LinksDAO.

05.01 / 14:55

Adoption goldman sachs Gold Bitcoin Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs

A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again.

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