JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Esc...
Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities recently published a research note that discusses cryptocurrency adoption. Noting that “The crypto economy is entering the mainstream,” the....
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Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.”
Visa’s Executive: ‘Crypto Is Becoming Cultural, It’s Becoming Cool’
Cuy Sheffield, Visa’s head of crypto, talked about cryptocurrency during a panel discussion early this week at the Singapore Fintech Festival.
He explained that a “whole new class” of mainstream consumers....
Cointelegraph Consulting releases some trends and insights featured in their “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the results of a DeFi survey in “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.”The survey showed that 48% of the top projects in the DeFi space expect mainstream adoption to arrive after three to five years, while 8%....
BofA sees four upsides to Bitcoin adoption in El Salvador, including remittances, financial digitalization, and foreign investments.
Analysts at Wedbush Securities have released a report that re-enforces the promise the lot of the bitcoin community sees in decentralized peer-to-peer networking and currency. Titled Digitizing Trust: Leveraging the Bitcoin Protocol Beyond the "Coin", the report outlines applications for the bitcoin protocol in such areas as securities markets, sports gambling, and legal contracts. "Ultimately, we believe the protocol will be leveraged beyond financial assets and fulfill the role of trusted intermediary in a variety of settings, including property, legal documents, escrow, sports betting,....
Decentralized Applications Fund general partner, Sam Yilmaz, warns that the crypto sector is approaching a lean period of lower interest and investment, heightening the importance of VC capital. Speaking to CoinTelegraph ahead of his speech at the free International Virtual Crypto Summit on February 26-27, Sam Yilmaz discusses where he sees Bitcoin 2.0 heading in 2015 and the investment climate in the sector. Following 2014's record US$335 million of VC investment into Bitcoin businesses, the first two months of 2015 have seen an even higher rate, which already resulted in US$105.84....