Tag: Bitcoin Adoption

El Salvador, the country that is the rising star in the eyes of every Bitcoin supporter, has seen a slow BTC adoption rate since the country recognized it as legal tender in September last year. As per a survey by the Chamber of Commerce which polled 337 companies between January 15 and February 9, only 14% of […]

Bitcoin has been known to be used for illegal means on many occasions and this has been a major concern for regulatory authorities in recent years. It is important to note the United States President Joe Biden has partnered with leaders from over 30 nations to bring down the illicit use of cryptocurrencies.  In such […]

Despite Bitcoin’s (BTC) three-month fall and the ongoing Russia-Ukraine crisis, crypto mining firms in the United States remain devoted to boosting their hash rate with more hardware. Boosting the Bitcoin hash rate is the primary aim  Marathon Digital Holdings and GEM Mining, both United States-based Bitcoin mining firms, announced that they aim to extend their operations […]

The Accountability for Cryptocurrency in El Salvador (ACES) Act, introduced by Senators Jim Risch, Bob Menendez, and Bill Cassidy, will demand a State Department report on managing risk to the United States financial system from country’s use of Bitcoin as legal currency. “El Salvador recognizing Bitcoin (BTC) as official currency opens the door for money laundering […]

This week has seen tons of NFT and metaverse adoption in the crypto industry, along with the market acting sluggish with blooming hopes. We at TheCoinRise are here to summarise it for you. Major Funding round Confirming TheCoinRise December’s report that indicated that many venture Capitalists want to invest in the leading Layer-2 scaling solution Polygon; it has raised $450 million in […]

The Grammy winner and famous American rapper Aubrey Drake Graham, also known as Drake, recently revealed that he has put $1.26 million in BTC on the upcoming Super Bowl match between the Cincinnati Bengals and the Los Angeles Rams. Drake believes in Odell Beckham Jr. The rapper has put around $471,000 for the Rams to […]

The Canadian division of the professional services network KPMG has added Bitcoin (BTC) and Ethereum (ETH) to its company treasury, joining a growing list of prominent organizations that have converted a portion of their fiat holdings to cryptocurrencies. KPMG Canada’s decision to include Bitcoin and Ether on its balance sheet underscores the firm’s opinion that digital assets […]

Jack Dorsey, co-founder and CEO of Block, previously Square, talked about the BTC-powered universal basic income (UBI) with Aarika Rhodes, the US congressional candidate and a full-time elementary school teacher. Dorsey pointed out the lack of transparency in the current financial system and said: “Obscurity of information forces and incentivizes people to negative (financial) behaviors […]

This week has seen tons of regulatory actions in the crypto industry, along with the market going up and blooming hopes. We at TheCoinRise are here to summarise it for you. Bitcoin is currently up by more than 9% on the daily chart, notably the founder of investment firm SkyBridge Capital, Anthony Scaramucci, predicted that it will […]

The city of Las Vegas has a public image for being a crazy place. The recent news will undoubtedly cheer crypto enthusiasts who are still reeling from the market’s fall. Crazy Horse 3, a well-known gentlemen’s club in the city, now accepts cryptocurrencies for lap dances and entertainer tips. Customers can now pay with bitcoin […]

A cafe in northeast Thailand has turned into a haven for cryptocurrency traders, with banks of screens showing the latest market movements and financial advice available alongside coffee and cake. Customers at HIP Coffee & Restaurant stare at their laptops behind a tranquil backdrop of cherry blossom trees, sipping nervously on iced coffee – part […]

Bitcoin may soon be accepted as a legal tender in one of the United States states, Arizona. A bill has been proposed by Wendy Rogers, an Arizona state senator, to make Bitcoin legal tender in the state. If approved, the law will stretch the scope of legal money in the state to include Bitcoin. Rogers has already […]

Another bullish Bitcoin price prediction is here. The founder of investment firm SkyBridge Capital, Anthony Scaramucci, believes that BTC will reach a price of $500,000 in the next four or five years. This, according to the financier, will be made possible by crypto’s global popularity in this timespan. He goes on to say that Bitcoin […]

This week has seen tons of regulatory actions in the crypto industry, along with a market bleeding and scary situation. We at TheCoinRise are here to summarise it for you. Bitcoin has been unstoppably bleeding for the past few months and has recently fallen to a six-month low mark. However, the Bitcoin network difficulty has gained a new all-time […]

According to a new survey, male investors check the Bitcoin price more frequently than female investors. According to recent academic research, gender is linked to both psychological and demographic characteristics when it comes to crypto investment. The study reveals that 60% of the female population have very low or no awareness of crypto assets, a […]

This week has seen tons of regulatory actions in the crypto industry, along with a market minor crash leading to a fearful situation. We at TheCoinRise are here to summarise it for you. Uruguay Installs Bitcoin ATM The South American country Uruguay has installed its first Bitcoin ATM, marking itself as the 11th nation in South America […]

This week has seen tons of regulatory actions in the crypto industry, along with a market minor crash. We at TheCoinRise are here to summarise it for you. Market this week The crypto market has been in a do-or-die situation, with the king coin dropping by more than 9% in the last seven days. Kazakhstan’s protest and […]

On Tuesday, the Human Rights Foundation announced its intention to give 425 million satoshis (which is the smallest divisible unit of the largest cryptocurrency, Bitcoin) to various contributors under the organization’s current Bitcoin Development Fund program. The Bitcoin Development Fund, which was established in May 2020, is largely dedicated to strengthening the privacy, usability, and security of […]