Will Retail Help Bitcoin?
Will the adoption of Bitcoin by large retailers have an impact on the transaction volume? The range of products that can be bought with Bitcoin has grown significantly since the beginning of 2014 as more and more large online retailers have followed their customers’ demands to start accepting Bitcoin payments. In the early days of 2014, Overstock started accepting bitcoins as a form of payment. After the Chinese central bank prohibited financial institutions from processing Bitcoin transactions, it came in as good and refreshing news for the cryptocurrency. A few days later, TigerDirect....
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The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA said it considers these products to be ill-suited for retail consumers due to the harm they pose, asserting these products cannot be reliably valued by retail consumers because […]
Bitcoin has recently fallen below a $32,000 critical hold point and in response, retail investors have taken this as an opportunity to make money from the falling bitcoin price. So far, retail investors have started loading up on shorts, an incredibly bearish metric for the market. Retail investors load up on shorts | Source: Twitter […]
The ongoing bitcoin bull market has been nothing short of amazing. Retail interest during the last cycle brought the cryptocurrency only so far, and this cycle, retail plus institutions have pushed the price per coin to new heights. However, new data insights from OKEx partner analytics firm Catallact, revealed that retail investors bought the most […]
As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?
It is looking like good times in the retail industry as BuySellVouchers gives a solution that allows users of the platform to shop in the most popular retail chains with cryptocurrency. The innovative solution from one of the leading online marketplaces for digital goods allows shoppers to purchase gift cards of major retail shops using different digital currencies. The emergence of digital currency has practically disrupted the financial system, with its unique features and benefits endearing it to millions of people across the globe. While the retail industry has evolved over the years....