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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MetaMask has recently seen massive adoption as both the DeFi and NFT markets are surging. The increased adoption of the Ethereum network is bringing more investors into the market. Hence the need for storage wallets has gone through the roof. And MetaMask has benefitted greatly from this growth. MetaMask is a crypto wallet that allows […]
The Canadian crypto broker said its revenue growth was due to the growing adoption of cryptocurrency.
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....
Virtual events, land and financial services in the Metaverse will unlock a trillion-dollar deal that will drive the next NFT investing boom. Metaverses and blue-chip nonfungible tokens (NFTs) are the driving forces behind the dramatic growth in the NFT market. Projects like the Bored Apes, Crypto Punks, Azuki, Clone X and Doodles collections have steadily attracted collectors' interest in the past year. As a result, these NFT projects have helped the NFT market achieve a growth rate of over 20,000% and a sales volume of approximately $17 billion.For an industry that once occupied a tiny....
The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset the negative impact of the pandemic,” the company said as Travala posted a record-setting quarter in Q3 2021.
Crypto Adoption Bolstered Travel Company Travala’s Third Quarter
According to a third-quarter 2021 report published by Travala, the company has seen “explosive growth” in the firm’s three core services: hotels,....