Is Bitcoin's Merchant Appeal Fading?

Is Bitcoin's Merchant Appeal Fading?

While it's safe to say that 2014 was a banner year for bitcoin in terms of merchant adoption - with the likes of Overstock, DISH, Dell and Microsoft entering the space - 2015 hasn't quite started with the same bang. Though rumors continue to swirl about a possible Uber or Airbnb entrance, the highest profile merchant to accept bitcoin this year has been a local subsidiary of global real estate franchise RE/MAX. Members of the bitcoin processing ecosystem seem divided on the state of this industry sector entering March. Those contacted by CoinDesk all agreed that, after months of grabbing....


Related News

Diddy Strikes Back — Files Appeal As SBF’s Ex-Cellmate Joins Legal Rebellion

Attorneys for Sean “Diddy” Combs told a US federal court they will appeal his conviction and the 50-month prison sentence handed down after his trial. They filed a formal notice of appeal on Monday and are expected to file the full appeal papers soon. Related Reading: Ethereum Crash Becomes BitMine’s Buying Spree — $1.5B Added […]

Bitcoin Merchant: Price Drove 20.4% Growth in Black Friday Sales

Figures following Bitcoin Black Friday 2015 look to have quashed fears the event is losing its appeal in the international Bitcoin community. Meanwhile, a Bitcoin merchant reveals a noticeable correlation between bitcoin price and sales. In a post championing the financial advantages of accepting Bitcoin, one merchant noted year-on-year sales had....

Ethereum Staking Drops From November 2024 Peak – Is Interest In ETH Fading?

The percentage of Ethereum (ETH) supply staked on the network has dropped to 27.6%, a level last seen in July 2024. This decline has raised questions about Ethereum’s long-term appeal among investors and whether staking remains a preferred option. Staked Ethereum Percentage Drops From November Peak According to data from Dune Analytics, the proportion of […]

Galaxy Digital Makes Twin Acquisitions in Bid to Strengthen Institutional Appeal

The cryptocurrency merchant bank has acquired a lending firm and a trading company as it seeks to become the "go to" platform for institutional access to digital assets, the firm said Friday.

SEC Files Form C In Ripple Lawsuit: Here’s What They Appeal

Late Thursday, the US Securities and Exchange Commission (SEC) has filed Form C in its case against Ripple Labs, specifying the grounds of its appeal against Judge Analisa Torres’s final ruling from August 7. This filing, which was due by October 16, comes after the SEC’s initial Notice of Appeal on October 2 lacked detailed […]