Tag: Mass

A year of mass adoption for cryptocurrencies in Brazil

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[ad_1] Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer. Last year, Bitcoin (BTC) acted as a strong alternative to the Brazilian real that ended 2021 by breaking negative records and reaching a devaluation of 6.5% by December, making it the 38th worst currency in the world. In a year of ups and downs for Bitcoin, the biggest cryptocurrency hit a bottom of 167,000…

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Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K

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[ad_1] Bitcoin (BTC) traded near $47,000 on Dec. 4 after a sudden crash confirmed bulls’ worst nightmares with 22% daily losses. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Crypto liquidations pass $2.5 billion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $41,960 on Bitstamp — its lowest since Sep. 30. As panic set in, leveraged positions unwound and traders capitulated, 24-hour cross-crypto liquidations passing $2.5 billion. Crypto liquidations chart. Source: Coinglass “$50k is likely to be resistance for a decent amount of time now unless stonks…

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DOGE co-founder sets sights on Ethereum bridge and NFTs for mass adoption

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[ad_1] Dogecoin (DOGE) co-founder Billy Markus has set his sights on nonfungible tokens (NFTs) and an Ethereum-to-Dogecoin bridge to help bring about for mass adoption of the meme coin. In a Sept. 30 tweet, Markus emphasized the importance of completing the Ethereum-Dogecoin bridge so that the asset could be integrated with top Ethereum-based NFT platforms such as OpenSea, enabling non fungible purchases with DOGE. Markus said that there is “high demand” to purchase NFTs within the crypto community and that enabling NFT purchases with DOGE “greatly increases its utility.” DOGE…

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Crypto credit cards could be the missing link to mass adoption

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[ad_1] Out of the many routes available to the mass adoption of cryptocurrencies, which includes decentralized finance (DeFi), layer-one protocols, nonfungible tokens and stablecoins, perhaps the simplest and most applicable path for the public at large is the ability to utilize cryptocurrency for everyday purchases with an integrated debit or credit card. 2021 has seen a growing number of companies offer cryptocurrency-based credit cards that give holders the chance to tap into the value of their cryptocurrencies for daily purchases, but is this just the latest gimmick being used by…

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Mass Bitcoin Adoption In Latin America

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[ad_1] Watch This Episode On YouTube Listen To This Episode: Following the historic news of El Salvador declaring bitcoin as legal tender, “Bitcoin Magazine Podcast” host Christian Keroles sat down with three CEOs of prominent Bitcoin-related projects in South America to react to the news as well as discuss Bitcoin adoption across Latin America. Diego Gutierrez-Zaldivar, CEO of IOV Labs and RSK; Mauricio Tovar, CEO of Tropykus Finance; and Max Cajurzaa, CEO of the Money on Chain protocol all lent their experience in both building Bitcoin projects and educating users…

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Kim Dotcom Insists ‘Bitcoin Cash Will Serve the Mass Market,’ Criticizes BTC Fees, Elon Musk Responds – Bitcoin News

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[ad_1] On Wednesday, the digital entrepreneur Kim Dotcom took to Twitter and talked an awful lot about the stark differences between bitcoin fees and bitcoin cash fees. While tagging Tesla’s Elon Musk in the thread, Dotcom explained that more than half the payments in the world are under $10 and the Bitcoin Cash network is “serving the mass market, [and] not just the 1%.” Kim Dotcom: Bitcoin Cash Serves the Mass Market On March 24, the cryptocurrency community was ecstatic to hear about Tesla accepting bitcoin (BTC) for payments. Following…

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