Overwhelming Majority of Salvadoran Entrepreneurs Oppose Mandatory Bitcoin Acceptance

Only four percent of those surveyed support enforcing general Bitcoin acceptance

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Tanzania’s President Calls For Central Banks To Work Towards Crypto Acceptance

Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […]

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Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’

Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms. The post Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’ appeared first on CryptoSlate.

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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […]

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Crypto bets via Bitcoin, Ethereum, XRP are fueling illegal gambling in Asia

The acceptance of top cryptocurrencies like Bitcoin, Ethereum, and XRP on gambling sites are part of the reason why illegal online gambling is rising in Asia, a report from the Asian Racing Federation (ARF) said earlier this week.

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US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments

The American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance bolsters Sheetz’s mission to provide customers with the “ultimate one-stop-shop.

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Does Bitcoin Need To Evolve?

The crypto market has recently dropped by nearly 23% following the announcement of Tesla backpedaling in its acceptance of BTC for vehicle purchases and CEO Elon Musk’s tweet about the apex crypto’s centralization problem.

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Goldman Sachs Calls Crypto A ‘New Asset Class’, Marking Major Shift In Tone

Slowly but surely, renowned investment banks are creeping toward the reluctant acceptance that bitcoin is, in fact, a thing that is here to stay. A top executive at Wall Street megabank Goldman Sachs is now indicating that crypto is a “new asset class” and an “investable asset” .

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The Aspiring Answers to Bitcoin’s Enormous Energy Footprint

Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback.

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Software Giant Palantir Joins the Bitcoin Race, Hints At Gigantic BTC Buy

What do Tesla, Time magazine and WeWork have in common? All companies have, in the last three months, announced either a significant investment in cryptocurrency or a newfound acceptance of it as a means of payment from customers.

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Whenever you visit This restaurant, you can pay with Bitcoin (BTC)

Landry’s Hospitality Group, the parent company of Bubba Gump Shrimp Co, has announced that all its restaurants would start accepting Bitcoin (BTC) as a payment option in most of their locations. Bitcoin acceptance to begin in 90 days Chief executive officer of Landry Tilman Fertitta commented on the new payment method.

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Dogecoin Started as a Meme Cryptocurrency Joke, But Who’s Laughing Now

Widespread acceptance for cryptocurrencies is on the rise again, as PayPal Holdings, Inc.  announced its platform Venmo will now support  Bitcoin, Ethereum, Litecoin and Bitcoin Cash....

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WeWork to Now Accept and Hold Bitcoin: A Potential Turning Point?

Earlier this week, WeWork announced that it would begin accepting payments in cryptocurrencies. In a move following Tesla and MicroStrategy, the commercial real estate start up stated that it would begin holding Bitcoin on its balance sheet — another sign of Bitcoin’s growing institutional acceptance.

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Major UK Bank Bans Business Customers Who Accept Bitcoin

In the last few months, cryptocurrency has reached new levels of acceptance both by the general public and by the larger business world. Firms like Tesla and WeWork now accept Bitcoin as a form of payment for products and services, and Time Magazine now takes cryptocurrency for the payment of subscriptions. However, it seems these […]

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Payment app Venmo now supports cryptocurrencies

PayPal’s mobile payment app Venmo has now enabled the buying, holding, and selling of Bitcoin and other crypto assets on its platform. The move may not be as significant as PayPal’s acceptance of crypto transactions, but it’s a further step towards mainstream crypto adoption.

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XRP Sees Burgeoning Acceptance From Institutional Investors

XRP is one of the most interesting cryptocurrencies in this space. Unlike digital assets like bitcoin and ether, XRP’s prominence is geared towards its use for cross-border transactions. Sending money across borders is notably an expensive and often slow process but XRP and Ripple seem to be taking this head-on. These efforts appear to be […]

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Venmo, PayPal, Cash App: Who Is Next To Support Bitcoin, Crypto

Toward the ending of 2020, financial experts predicted that the adoption of cryptocurrencies by the mainstream would evolve, evidenced by the surge in price and acceptance of Bitcoin as an inflation hedge.

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PBOC, Federal Reserve Officials Provide Optimistic Commentary On Bitcoin

Recent comments from officials at two of the world’s largest central banks indicate growing acceptance that bitcoin is the future.

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Popular Nightclub E11even Miami Reveals Cryptocurrency Payment Acceptance

While crypto assets have seen monumental gains this week, the popular nightclub in Florida, E11even Miami will accept bitcoin and a slew of other digital assets for merchandise, beverages, and tables.

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Canadian Bitcoin ETFs quickly hit $1.3B in AUM while US acceptance lags

In less than two months, one Canadian Bitcoin ETF attracted $1.1 billion in assets under management, while two more funds are also growing their AUMs.

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Flipkart’s acceptance of Bitcoin (BTC) is likely an April fool prank

Indian e-commerce giant Flipkart announced on April 1 that it has started accepting Bitcoin as a payment method. “We now accept Bitcoin as a convenient mode of payment. Update your app now,” the company’s tweeter message reads.

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Ripple's CTO claims Bitcoin is doomed to fail its 'most important mission'

With a market capitalization of over $900 billion, Bitcoin, the world's largest cryptocurrency, has secured acceptance among several mainstream investors and companies. However, it would seem that RipThe post Ripple's CTO claims Bitcoin is doomed to fail its 'most important mission' appeared first on AMBCrypto.

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PayPal to Allow U.S. Consumers Pay With Bitcoin at Millions of its Online Merchants Globally

One of the biggest stories in the cryptocurrency industry in 2020 was the announcement from PayPal that they would be facilitating cryptocurrency-related transactions on their platform. PayPal is one of the biggest fintech platforms in the world, with over 330 million users and tens of millions of merchants.

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Bitcoin (BTC), Ethereum (ETH), and Crypto.com (CRO) price analysis as Visa embraces crypto

Visa (NYSE: V) announced Monday it will allow users to settle transactions with the USD Coin  (USDC) cryptocurrency on its payment network, underscoring the increasing mainstream acceptance of digital currencies.

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Why Many Billionaire Baby Boomers Aren’t Buying Bitcoin

Over the years, the rate of acceptance of Bitcoin has varied from generation to generation. Out of the five existing generations, Baby Boomers have been torn between fully accepting Bitcoin or ditching it entirely.

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Father And Son Finance Figures Exchange Blows Publicly Over Bitcoin Bet

Bitcoin and the asset class of cryptocurrencies, despite increased acceptance and adoption, are a polarizing subject. These technologies are either lauded as the future of finance, while others call it a bubble, a Ponzi scheme, and much worse.

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Morgan Stanley introduces Bitcoin investing for millionaire clients

Public Bitcoin acceptance continues to grow as Morgan Stanley provides another on-ramp for mainstream capital.

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Generation Bitcoin is still on course

Thanks to the likes of MicroStrategy, PayPal, and yes, Elon Musk, Bitcoin and cryptocurrencies have increasingly become an important part of the mainstream financial market. However, acceptance and reThe post Generation Bitcoin is still on course appeared first on AMBCrypto.

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Bitcoin Will Die If Developers Don’t Innovate, Charles Hoskinson Says

Bitcoin skeptic Charles Hoskinson, founder of Cardano, said in an interview with the Cardano subreddit that bitcoin, like fiat money, is the only thing of value it has is acceptance.  “Fall” of the Dominant Coin Therefore, when it loses its only strength – popularity, it will eventually die. Over the past week, bitcoin has madeRead More

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“Good For Business”: Uber Opening its Doors to Bitcoin

As Bitcoin continues to see wider acceptance, Uber CEO Dara Khosrowshahi says the company will look into accepting Bitcoin and other cryptocurrencies as means of payment. Asked on CNBC Thursday if the company intends to buy Bitcoin, the CEO said the Uber team has dismissed the idea of buying Bitcoin but will look into the […]

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Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?

Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the latest to adopt crypto. The price of Bitcoin moved rapidly after the Mastercard and BNY Mellon news broke, refueling momentum in the market.

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3 Reasons Why Bitcoin Just Hit New All-Time High

Bitcoin continues to hit all-time highs as it gets closer and closer to mainstream acceptance

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Elon Musk: Bitcoin is on the verge of mass adoption

The richest man in the world and founder of Tesla and SpaceX, Elon Musk, shared his opinion on bitcoin and its future. According to Musk, bitcoin is on the cusp of widespread acceptance in the world of traditional finance.

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GBTC Premium Collapses Under Zero For the First Time Ever, But its Biggest Holder Calls for ‘Up’

Another day, another Elon Musk induced pump.  However, this time, it was a smaller one as Bitcoin only went to $34,700, and we are back under $33,000. While sharing his support for BTC, Musk said he sees Bitcoin on the “verge of getting broad acceptance by conventional finance people.

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Elon Musk Supports Bitcoin, Says BTC on the Verge of Broad Acceptance

Spacex and Tesla CEO Elon Musk has clarified his position on bitcoin and dogecoin. He confirmed that he supports bitcoin, stating that it is “a good thing.” Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend fed him a slice […]

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Elon Musk: Bitcoin Close to Reaching “Broad Acceptance”

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Elon Musk Says He Supports Bitcoin; Institutional OTC Deals Rise

The Tesla and SpaceX founder called the flagship cryptocurrency "a good thing," adding that it is on the "verge of getting broad acceptance by conventional finance" as he responded to Andressen Horowitz and other prominent investors during a Clubhouse Conversation meetup on February 1.

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Elon Musk: Bitcoin is on the verge of seeing broader acceptance by finance

Bitcoin is about to see broader adoption in the traditional finance world, says the world's richest man.

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Michael Saylor: More Bitcoin Regulation Will Accelerate Institutional Acceptance

Although Saylor has only been heavily involved in the last six months to one year, his dedication and insights into Bitcoin are highly coveted by the industry. Saylor recently appeared on SALT Talks, a crypto talk show hosted by the SALT lending platform, with some interesting insights into his thoughts on the future of Bitcoin … Continued The post Michael Saylor: More Bitcoin Regulation Will Accelerate Institutional Acceptance appeared first on BeInCrypto.

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Bloomberg: CoinLab открыла возможность вернуть биткоины кредиторам Mt.Gox

Американская компания CoinLab урегулировала вопросы касательно выплат биткоинов кредиторам обанкротившейся биржи Mt. Gox. Об этом сообщил журналист Мэтт Лейзинг. *COINLAB SAYS AGREEMENT SUBJECT TO CREDITOR ACCEPTANCE *CREDITORS CAN CLAIM 90% OF BITCOIN THEY ARE OWED FROM MT.

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Mt. Gox Creditors Can Claim 90% of Bitcoin Left in Bankruptcy: Bloomberg

The agreement is subject to creditor acceptance.

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Will Bitcoin traders be more assured or more worried in 2021?

The past year was punctuated by a series of extreme peaks and troughs. In spite of that, however, there is an assured collective acceptance of Bitcoin, one that is palpable. 2020 particularly was domiThe post Will Bitcoin traders be more assured or more worried in 2021? appeared first on AMBCrypto.

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Kraken CEO: “How Do You Justify Not Having Bitcoin On Your Balance Sheet”

Guy Johnson, the show’s host, explored many topics with Powell, beginning with the largest crypto by market cap. Powell talks about the recent acceptance of Bitcoin as a reserve asset and the inflation surrounding global fiat currencies as a major driver towards the leading cryptocurrency.

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Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec.

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MassMutual’s Bitcoin Buy May Presage $600B Institutional Flood: JPMorgan

JPMorgan analysts said MassMutual's recent $100 million bitcoin purchases are a sign of growing mainstream acceptance for the cryptocurrency.

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Money Reimagined: Bitcoin’s Tug of War as Wall Street Moves In

As Wall Street buys bitcoin, crypto faces a fight for its soul. On the one side is mainstream acceptance. On the other: its cypherpunk roots.

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Crypto Roundup: December 7th, 2020

After briefly peeping above the all-time high last Tuesday, Bitcoin has spent the week finding a firm foothold around the $19K mark. The market’s resilience is supported by growing acceptance of cryptocurrency among the biggest global companies.

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December 8, 2020: Bitcoin and Crypto Market Roundup

After briefly peeping above the all-time high last Tuesday, Bitcoin has spent the week finding a firm foothold around the $19K mark. The market’s resilience is supported by the growing acceptance of cryptocurrency among the biggest global companies.

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Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance.

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