Real-world applications and users, not institutional investors, will challenge the failing fiat currencies and increase Bitcoin adoption around the world.
The cryptocurrency adoption rate is hard to research because of the private nature of cryptocurrencies. Still, there are some things that can be established about what may be slowing down cryptocurrency adoption. As a lot of blockchain platforms have stated, cryptocurrency awareness and education are not yet high enough to lead more people into the industry. Some people don’t even know what cryptocurrencies are, some lack the information about what it may be used for and some see no benefits of it at all. But people well-educated in cryptocurrency do have their own doubts about it, as cryptocurrencies have shown a lack of stability. Cryptocurrency investments and its use as a payment tool is associated with risks. There are also some government events that slow down cryptocurrency adoption, with governmental restrictions on the use of cryptocurrency for businesses and financial institutes.
To attract and retain the interest of institutional traders, we need advanced risk management tools that can maximize gains for investors.19430
The yuan is not seen as a major currency. Could digitizing it change that? China is breaking new ground in the Shenzhen region and beyond.12020
Another way to buy Bitcoin in stock form has surfaced.51096
Cardano founder Charles Hoskinson predicts that the DeFi revolution will take place in the developing world.13927
RIF got a nice price boost hours after its founder appeared on Pomp’s podcast.9784
How are trading platforms going to evolve in the coming years — and why is it important for crypto projects to integrate with one another? We asked two executives.4747
Last year was a volatile one for Bitcoin and other cryptocurrencies.5290
A new Bitwise survey highlights a more favorable attitude toward Bitcoin and cryptocurrencies.6559
Howard Marks hints that he is becoming the latest Bitcoin naysayer to change his tune completely in a new memo to investors of Oaktree Capital.20731
A survey published by Bitwise has found that nearly 10% of investment advisors have made client portfolio allocations into crypto assets.8004
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it.34676
Bitcoin’s recent 28% drop has been a somewhat harrowing experience for some first time buyers.10826
Analyst Jeff Currie believes more institutional money is needed to stabilize the market.17296
Bitcoin hype has never been quite the same since 2019, according to this metric.12323