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Search Results for: crypto adoption

Polygon (MATIC) Token Burning At 10x Current Adoption Levels Sustainable?

It is a general goal of the EIP-1559 update to bring fee burning to Polygon. According to a Polygon blog post, EIP-1559 went live at block 23850000. After months of anticipation, Polygon’s layer-two scaling network went live with the much-anticipated EIP-1559 update on January 18. There was a successful implementation

January 30, 2022 2 mins read

BitMEX Academy Launches with Vision to Raise the Bar for Crypto Education

MAHE, Seychelles, 27th January, 2022, Chainwire Crypto investment platform BitMEX today announced the launch of BitMEX Academy, a multimedia crypto education platform which will offer a new way to learn about crypto for beginner and expert traders alike.  BitMEX Academy will bring together the greatest minds in the industry to

January 27, 2022 2 mins read

Ethereum Ranks Second as the Most Owned Crypto in UK, Bitcoin First!

It is estimated that 32.9 percent of UK crypto owners possess Ethereum. 2,013 internet users in the United Kingdom were polled. Late in 2021, the cryptocurrency market was very volatile and experienced a drastic shift from extremes in the bigger market. Crypto users in the United Kingdom seemed to be

January 17, 2022 1 min read

FTX Ventures Sets Aside $2 Billion Funds To Invest Into Crypto Startups

Amy Wu has been hired as the new business unit and fund head. Some $25.1 billion was raised for crypto businesses and initiatives in 2021. New venture capital funds have been formed by Sam Bankman Fried’s FTX, adding billions of dollars to the already bloated private market for cryptocurrency investment.

January 14, 2022 1 min read

Crypto Investment Firms Contributes $150M In NEAR Protocol

In the midst of the crypto market crash, several altcoins presented a bullish run. NEAR is one of the bullish tokens since the start of the year which performed well. The Near foundation gave an announcement that the platform has closed the $150 million fund on Thursday. Consequently, the fundraising

January 14, 2022 2 mins read

Former Tonga MP Hints at Adoption of Bitcoin (BTC) as Legal Tender By November

The House of Representatives will get the bill by September or October. Considering long-term savings, the concern is Bitcoin’s benefits in remittances. Former Tonga MP Lord Fusitu’a has stated that the country’s legal tender law for Bitcoin is “modeled on” and “almost identical” to El Salvador, which has enacted a

January 13, 2022 2 mins read

Rise in Bitcoin Adoption Will Make BTC to Hit $100k in 2022

The entire crypto market is traveling in a bullish signal. In 2021 as a legal tender Bitcoin was adopted by El Salvador. Rise in adoption of Bitcoin will make BTC hit $100k in 2022 As all we know the entire crypto market is traveling in a bullish signal, the cryptocurrency

December 28, 2021 2 mins read

World-wide Web Search of NFT Surpasses Crypto!

Search for ‘NFT’  surpasses ‘crypto’. By the end of 2021, the NFT sector will be of value $17.7 Billion. OpenSea NFT marketplace to surpass value of $10 Billion. There’s no doubt that the Non-Fungible Tokens (NFT) market is taking over the whole world at a rapid pace.  Accordingly, Google Trends

December 24, 2021 2 mins read

Avalanche (AVAX) Enters Multiple Strategic Partnerships and Wider Adoption

Previously, BitGo, a crypto-custodian, backed this network. Customers of Kraken may now trade Avalanche’s AVAX token. Avalanche is one of several groups benefiting from the present economic scenario. The network is thriving in terms of cooperation and adoption. Many have praised the network’s enormous growth. The stats bolster hodlers and

December 23, 2021 2 mins read