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June 11, 2022

WITH BITCOIN PRICE SLIPPING, ARE MINER SELLOFFS TO BLAME?

WITH BITCOIN PRICE SLIPPING, ARE MINER SELLOFFS TO BLAME?

Bitcoin’s price is sitting well below its record highs and some miners are selling more coins than usual. But should investors be concerned? When the bitcoin price slips into a prolonged downtrend as it has since its record high set in late 2021, all types of investors start pointing fingers at whomever seems the most likely culprit […]

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Bitcoin ecosystem makes a U-turn recovery in global ATM installations

Bitcoin ecosystem makes a U-turn recovery in global ATM installations

Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June. Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year. The global ATM installations worldwide fell consistently throughout the year,

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Nearly 30% of the Top 65 World’s Wealthiest People Invested in Crypto: Forbes Survey

Nearly 30% of the Top 65 World’s Wealthiest People Invested in Crypto: Forbes Survey

The world’s wealthiest individuals are also jumping on the crypto bandwagon because approximately 30% of the top 65 globe’s rich people have directly or indirectly invested in cryptocurrencies, according to a Forbes survey. Per the report: “Nearly 30% are either directly or indirectly invested in cryptocurrencies, a rate that is higher than among non-billionaire investors.” Therefore, this represents

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Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority

A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” Majority of Merchants Surveyed Plan to Enable Crypto

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