Bitcoin And Crypto Adoption Soars 880% In 2021, This Is What’s Driving It
Analysis firm Chainalysis has disclosed its 2021 Global Crypto Adoption Index part of a more detailed report to be released in September, it claims Bitcoin and cryptocurrencies are seen high levels of adoption. The Index follows a methodology that digs deeper, beyond metrics such as transaction volumes, to determine those territories embracing the digital crypto […]
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Trading volume, tools, altcoins, regulated DeFi and security solutions will continue to shape the institutional crypto market. 2021 was a big year for cryptocurrency. El Salvador became the first country to adopt Bitcoin (BTC) as legal tender. In November 2021, the price of Bitcoin hit an all-time high approaching the psychologically significant mark of $70,000. And, all along the way, industry influencers like Elon Musk have been tweeting their enthusiasm about cryptocurrency more broadly.I anticipate 2022 will continue to be an even bigger year for digital currencies as the market grows....
Blockchain-based games and NFT trading were the driving force behind dapp adoption during Q3, according to defi insight platform Dappradar. In its Dapp Industry Report: Q3 2021 Overview, Dappradar states that the importance of these new activities in the crypto industry rose dramatically, making the space more diversified and competitive in the process. Defi also got a boost with platforms like Solana and Terra maturing to accommodate more projects.
Dappradar: NFTs and Play-to-Earn Were Key During Q3
NFTs and play-to-earn games were very important for the industry during the last....
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing in Turkey as the local currency, the Turkish lira, hit another record low Thursday, reportedly touching 7.95 to the dollar. The dollar has gained about 33% against the lira so far this year and some analysts are predicting that it will soon hit 8.5. “The Turkish lira is getting smoked”....
Crypto adoption across the world has been accelerated in the last couple of years due to the multiple bull rallies. With the recent bear market, there has been a decline in the adoption rate, and it has leveled out in the last couple of months. However, there are some parts of the world where the […]
ACH is the cryptocurrency token driving the adoption of Alchemy Pay’s crypto payments around the world. Alchemy Pay enables real-world crypto payments and mainstream-friendly access to crypto services. It has had an incredible rise over the past year, partnering with the likes of Binance Pay, Shopify, Checkout.com, Polygon, Avalanche, and VeChain. ACH is the token that incentivises clients and investors attracted to the advantages Alchemy Pay’s crypto payment solutions offer them and their businesses. It is listed on Bithumb, Binance, Coinbase, Huobi, Bybit, MEXC, Pancake....