Early Bitcoin Adopters Outpacing World’s Millionaires
With 56 million fiat millionaires globally and only 1 million Bitcoin addresses holding over 1 BTC, the cryptocurrency market is still in its early stages.
With 56 million fiat millionaires globally and only 1 million Bitcoin addresses holding over 1 BTC, the cryptocurrency market is still in its early stages.
A recent tweet reveals that there are several implementations and use cases for Bitcoin that are related to the Sustainable development objectives.
According to analytics, Bitcoin will become far less inflationary due to its halving compared to the majority of current central bank objectives.
Latin America’s Bitcoin transaction volume and crypto adoption both grew 40% over the last year, as per crypto analytics firm.
Every previous bear market “declared” the death of cryptocurrencies. Everyone is really simply there to watch their stock portfolio soar to dizzying heights. Goldman Sachs has already started trading Bitcoin. According to a Reddit thread, the cryptocurrency was “proclaimed” dead in each and every prior bear market. We only saw so many adoptions and collaborations develop during this Bear Market, which is currently a recession (or at least it feels like one). The bear market has already seen several significant partnerships and adoptions from well-known brands, businesses, governments, and financial institutions only this year. There is no denying that broad
For the first time, more than 1 million people in Brazil use Bitcoin and other cryptocurrencies. Bitcoin and other cryptocurrencies have become increasingly popular. Crypto adoption at large has seen a surge in 2022. Brazil has seen a surge in Bitcoin and cryptocurrency adoption over the past year, with the number of users now surpassing 1 million for the first time. This data comes from a new report from the South American country’s tax authority, Receita Federal, which showed that 1.33 million Brazilians made crypto purchases in July, 68% more than in June. The researchers only included crypto purchases made
Jackson, TN Mayor Scott Conger, New York City Mayor-elect Eric Adams, and Tampa, FL Mayor Jane Castor will accept their next paycheck in bitcoins. The move follows Miami, FL Mayor Francis Suarez, who announced the same earlier. At the time of writing, Bitcoin price is at $60,839.03 It appears like politicians across the US are starting to embrace Bitcoin and are leading the charge toward mass adoption. Last week, Miami, Florida Mayor Francis Suarez announced that he will accept his next salary in bitcoins. In a tweet, he tagged Miami Director of Innovation and Technology Mike Sarasti to enable him