13% of Unbanked Americans Haved Used Cryptocurrency For Payments And Transfers, FED Survey Finds

13%-of-unbanked-americans-haved-used-cryptocurrency-for-payments-and-transfers,-fed-survey-finds

Cryptocurrencies have become a relevant topic for the FED. Ths is the first time they are included in one of its surveys to better understand adult consumers’ experiences with emerging payment. On May 23, the U.S. Federal Reserve (Fed) released a survey titled “Economic Well-Being of U.S. Households in 2021,” which included several topics related … Read more

Luxury Fashion House Balenciaga Accepts Payments in BTC and ETH (Report)

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The French fashion brand – Balenciaga – will reportedly embrace cryptocurrencies as a payment method for its products. Initially, the offering will be available at the firm’s US shops on Madison Avenue in New York and Rodeo Drive in Beverly Hills, Los Angeles. Balenciaga Catching the Crypto Wave According to a recent coverage, Balenciaga will … Read more

Celebrating Bitcoin Pizza Day With Knoxville Bitcoin Network

celebrating-bitcoin-pizza-day-with-knoxville-bitcoin-network

One meetup group will gather to purchase pizzas using bitcoin and celebrate the day that Bitcoin achieved its first real-world moment of adoption. Knoxville Bitcoin Network will be hosting a Bitcoin Pizza Day Meetup on March 22, 2022. This idea was brought up in our group chat and the event will serve as a way … Read more

MicroStrategy Will Not Dump Any Of Its Bitcoin, CFO Reveals

microstrategy-will-not-dump-any-of-its-bitcoin,-cfo-reveals

MicroStrategy has become a major player in the crypto realm since it began purchasing Bitcoin. Its holdings have seen it solidify its place as the public company with the largest bitcoin holdings in the world. A notable fact is that the company had bought a good chunk of its BTC during the bull rallies of … Read more

More Stress For El Salvador As Bitcoin Dips To $29,000

more-stress-for-el-salvador-as-bitcoin-dips-to-$29,000

El Salvador has been on the radar of leading financial and economic institutions since it made Bitcoin a legal tender. It has mainly become a spectacle as cryptocurrency supporters and non-supporters alike watch on to see how this plays out. El Salvador which had made good on its bitcoin promise had made multiple BTC purchases … Read more

Africa Could Benefit Substantially by Adopting Crypto, Says Top Kenyan Financer

africa-could-benefit-substantially-by-adopting-crypto,-says-top-kenyan-financer

According to James Mwangi (CEO of Kenya’s largest banking conglomerate Equity Group Holdings), the African continent will significantly develop technologically and economically if it opens its arms to the digital asset industry. To do so, local authorities should cooperate with regulators, convincing them of crypto’s benefits. Crypto Could be Africa’s Stepping Stone In a recent … Read more

Soccer Team RCD Espanyol to Become the First Spanish Club to Accept Crypto Payments

soccer-team-rcd-espanyol-to-become-the-first-spanish-club-to-accept-crypto-payments

The professional soccer team based in Catalonia, Spain – RCD Espanyol – will enable fans to purchase game tickets, merchandise products, and food and beverages in several cryptocurrencies. The offering will be available with the start of La Liga’s next season (August 2022). The First in La Liga to Embrace Crypto Digital assets and the … Read more