Crypto company CEO says the recent crypto boom brought increased adoption
Crypto usage in 2021 differs from the 2017 rally, according to the CEO of StormX. Cryptocurrency has gone through a number of bull and bear cycles since the industry’s inception in 2009. While 2017 saw the crypto industry boom around initial coin offerings and a rising Bitcoin (BTC) price, 2020 and 2021 have seen the crypto space expand around decentralized finance (DeFi) and nonfungible tokens (NFTs). This time however, retail and institutional interest in crypto have ushered in greater adoption than ever before, according to one crypto company CEO. “Cryptocurrencies have been growing....
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The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
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While crypto volumes surge on Thailand’s licensed exchanges, P2P platforms appear to be falling out of favor Crypto adoption appears to be booming in Thailand, with the local Securities and Exchange Commission, or SEC, estimating domestic crypto volumes have increased by nearly 600% since November.Data compiled by the Thai’s SEC and published by Bloomberg indicates combined volume across licensed Thai crypto exchanges increased from 574.5 million in November to $3.96 billion in November.Speaking to Bloomberg, Atichanan Pulges, co-founder of top Thai exchange Bitkub, estimated volume on his....