Arcane Research says that Lightning Network usage has been on a steep upwards trajectory since late last year, but in September growth went parabolic off the back of El Salvador’s Bitcoin adoption. The research unit of Arcane Crypto predicts the Lightning Network will go parabolic as adoption of the Bitcoin layer-two payment protocol ramps up…
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Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards. Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa. According to an announcement by Flexa on Thursday, Bancoagrícola has inked a deal…
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Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets. Retail crypto payment acceptance in the United States continues to grow as Sheetz announces plans to allow the use of digital currencies in its outlets across the country. In a release issued on Thursday, the convenience store chain announced…
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Bitcoin is likely a topic of conversation among the treasury department of many U.S. companies amid rising inflation. No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021. According to a report by financial market data provider FactSet on Monday, the figure represents the highest number of companies…
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Meitu chief financial officer Gary Ngan said the firm would have faced difficulties acquiring crypto on its own as a listed company. Crypto exchange Coinbase’s institutional custody platform helped execute the purchase and custodying of roughly $90 million of Bitcoin and Ether for Chinese tech company Meitu. In a blog from Coinbase today, the United…
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“I’m hoping to catch one of these crypto dudes who always wanted to own a bar,” said Patrick Hughes. New York City bar owner and crypto enthusiast Patrick Hughes is offering to sell two of his popular restaurants in the Hell’s Kitchen neighborhood of Manhattan for cryptocurrency. According to a report from the New York…
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Fast food chains like Burger King and Church’s Chicken already accept crypto payments in the South American nation. A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela. According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the South American nation now accept crypto…
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Yusko claimed “Investors drive long term value, speculators drive current price.” The motivation and time horizon for entering Bitcoin (BTC) will ultimately dictate whether investors succeed in this new asset class, according to crypto pioneer Mark Yusko. On Friday, the CEO of Morgan Creek Capital Management commented on the recent wave of negative headlines concerning…
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As crypto enters the mainstream, major retailers are offering discounts and promotions to get customers to pay using cryptocurrency Cryptocurrency adoption is slowly but surely making its way to the mainstream — a notion that has become more apparent as major retailers like PayPal announce support for digital currencies. As such, it shouldn’t come as…
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Experts explain how to address common questions newcomers may have regarding bitcoin and the blockchain space. With Bitcoin’s (BTC) recent price movements drawing fresh attention to the blockchain industry, conversations centered around cryptocurrency have once again begun to see an uptick. Google Trends data shows that searches for the term “Bitcoin” have increased to yearly highs…
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