Investing In Bitcoin Mining Businesses Is Also A Sign Of Institutional Accept...
Last quarter, the New Jersey Pension Fund invested heavily in two Bitcoin mining giants. A small step for institutional investors, the move might represent something much bigger. There’s a hunger for Bitcoin exposure at the highest levels, but just owning the asset might be too risky or inconvenient for some of those big players. And, until the US government approves the long-awaited Bitcoin ETF, miners provide a much safer target. Related Reading | Marathon Digital Holdings Reported A 17% Spike In Bitcoin Mining According to Coindesk: The state-managed pension ended June....
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With thousands of businesses around the world beginning to accept bitcoin, you have to ask: what's the real reason? Are they genuinely attracted to the benefits bitcoin offers merchants? Are they doing it for publicity? It probably doesn't matter. But with services like BitPay and Coinbase that make bitcoin acceptance easy as can be, you can probably bet a good number of these crypto-friendly businesses don't know very much about it - only that many others are joining the parade. But according to BitPay CEO Tony Gallippi (in an interview with Bitcoin Owl), businesses who accept bitcoin....
Over 2,000 businesses that accept bitcoin have been added to Coinmap.org. That's according to the counter at the base of the website, which pegs the figure at 2038 bitcoin businesses and 107 litecoin businesses. Our last update on the topic (about ten days ago) put the number of business as "approaching 1,800" so the database of business is certainly expanding rapidly. Coinmap.org was developed to allow bitcoin holders better find businesses in their area that accept the digital currency.
The neon bitcoin sign has arrived. In order to add some pizzazz to the act of spending in bitcoins, a redditor has built a vibrant sign so that merchants can easily let customers know that they accept bitcoin. "I only designed the initial concept of the sign and worked with a manufacturer in California to get them produced," said Crypt0queen, the entrepreneur behind the sign. Crypt0queen says that half of the sign inventory has already been sold after only being available for a 24-hour period. There are entrepreneurs working to make bitcoins easier to accept at business' point of sale....
Another milestone in the bag for Coinmap.org - a resource that helps bitcoin users find business that accept bitcoin (and litecoin) local to them. It would appear as if 4,100 businesses that accept the bitcoin digital currency are listed on the website, which boasts an easy-to-navigate map with markers depicting a bitcoin-friendly business. To give you a better idea as to how fast the crypto-communtiy it growing, in early December just about 1,800 businesses were listed. Of course, it's not a representation of all bitcoin-accepting businesses out there for a number of reasons. The first of....
It's been a little while since I've paid a visit to Coinmap.org, admittedly. The last time I posted about this useful little service was in early February, when about 3,000 businesses that accept bitcoin were listed. Fast forward to today, and find that nearly 4,000 bitcoin-accepting businesses are marked on this map on six continents. Actually, there number is 3,938, but we reckon it will reach the 4,000 mark in the matter of a few days. Back in late December, Coinmap.org had crossed the 2,000 business mark, so you see bitcoin acceptance is continuing its amazing growth around the world.....