Rumors of an imminent Bitcoin ETF approval are boosting sentiment and prices across the market, but caution is warranted, as it could turn into a buy-the-rumor, sell-the-news event.
Adoption News
In general, adoption, as it relates to the technology world, is the process of something becoming more widely used and well known. Blockchain adoption has increased over the years since Bitcoin (BTC) launched in 2009 as an asset running on blockchain technology. Distributed ledger technology, or DLT, has caught the attention of mainstream companies for various use cases, such as supply chain management, while many crypto-native projects continue harnessing the tech.
Bitcoin adoption has also grown since the asset first came into the world, with entities showing greater interest in allocating funds to BTC. The Bitcoin adoption rate has increased over time. Cryptocurrency adoption, in general, has also increased, as assets other than Bitcoin have gained publicity.
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As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in.
991The solution recently joined forces with Etherscan to provide blockchain statistics to its native developers.
3252The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
2731The first series of auctions will begin on Nov. 11 and run until Dec. 9.
13589Owners of the Visa-backed Bitcoin rewards card amassed over 124 BTC collectively over 90 days, BlockFi data shows.
6088Volt recently received approval for an ETF that includes stocks in various crypto-related companies.
3700The announcement stated that the program is the largest ever announced in the crypto space.
7472“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said.
5862Ripple has contributed the majority of a $44-million fund to support solar energy projects across the United States.
6145“We must advance in these new economic and technological systems to be accessible,” Maiquetia airport director said.
6599Co-led by Tiger Global Management and Coatue Management, the VC funding will inject funds worth $400 million into the bootstrapped company.
4221Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said.
12284Developing economies are more affected by issues related to remittances and inflation, BitMEX’s CEO said.
11479Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH.
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