From refusing to bank crypto trading desks to closing accounts held by platforms, the mainstream financial sector appears to be putting up roadblocks to seamless cryptocurrency commerce.Read more
Older generations have started recognizing the potential of cryptocurrencies and blockchain in global payment systems, a new survey says.
On Jan. 21, digital payment platform Wirex released a special report devoted to the topic of cryptocurrency adoption in 2021.
But vertiginous highs and armies of new users could belie troubling undercurrents. Long derided by prominent figures in traditional finance as a scam, Ponzi scheme, a bubble destined to burst and disappear, cryptocurrency has been enjoying a spell of exponential growth of late.Read more
Many of the most popular decentralized finance protocols are getting a front-end makeover, but will the new looks and sleeker interfaces bring widespread adoption?Read more
The crypto sub-sector saw a reasonable boom last year. And it’s only increasing.
Ethereum and the rise of NFTs
The non-fungible token (NFT) market grew by leaps and bounds in the past year, seeing a brief growth in mid-2020 and a sudden rise in September.
Michael Sonnenshein, the newly appointed CEO of Grayscale Investments, believes 2021 will mark another pivotal year for digital-asset investing as institutional capital and nation-state adoption drive the next leg of the bull market.
In a keynote address at this year’s virtual CFC St.
Central bank digital currencies gained traction all over the world in 2020, as all the world’s biggest economies considered producing their own digital money.Read more
Can Bitcoin’s (BTC) blockchain handle full mainstream adoption as a store of value, without needing layer-two scaling solutions? Konstantin Richter, founder and CEO of blockchain infrastructure company Blockdaemon, seems to think so.Read more
Bitcoin (BTC) has travelled an eventful path since its creation in 2009. TradingView.com recently unveiled a BTC chart showing major events in the digital asset’s history, alongside the cryptocurrency’s ever-changing price.Read more
The crypto-finance service provider tells Cointelegraph that its assets under management, or AUM, reached $530 million in 2020, representing a 275% increase from the previous year.Read more