More than half of Australians think Elon Musk invented Bitcoin: Survey
Over 40% of respondents were unaware that Bitcoin had a limited supply. Go to Source Powered by WPeMatico
Adoption
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Luxury yacht firm accepts Bitcoin, hosts mobile and web services on blockchain
The company said it expects to see 40% growth from Bitcoin payments in the first year. Go to Source Powered by WPeMatico
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. Go to Source Powered by WPeMatico
Bitcoin slips below $46K as correction deepens; institutions keep accumulating
After failing to reclaim the $50,000 level, BTC faces renewed selling pressure in the short term. However, short-term headwinds don’t negate the bull market. Go to Source Powered by WPeMatico
Inflation winds stiffen as Bitcoin ballast on balance sheets proves its value
Firms with iconoclastic leaders, like Musk and Dorsey, “would be the most likely to take the plunge” and commit sizable cash balances to crypto. Go to Source Powered by WPeMatico
Mark Cuban: Crypto prices increasingly reflect “real demand”
The billionaire is bullish on DAO participation, networks with real usage, and mass adoption on the horizon. Go to Source Powered by WPeMatico
Crypto currently is comparable to the early days of cell phones, Coinbase President says
Crypto needs to be more user-friendly, according to Emilie Choi. Go to Source Powered by WPeMatico
I spy with my laser eye: A Twitter phenomenon to make Bitcoin mainstream?
An increasing number of high-profile celebrities have continued to adopt the “laser eye” meme on Twitter in recent months. Go to Source Powered by WPeMatico
City in North Dakota now accepts cryptocurrency for utility payments
The city of Williston of North Dakota has officially started accepting cryptocurrencies like Bitcoin for utility payments via BitPay. Go to Source Powered by WPeMatico
UK will likely need to issue a digital currency, says BoE deputy governor
The Bank of England’s deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. Go to Source Powered by WPeMatico