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Report: 83% of US retailers think ‘digital currencies’ will become legal tender in 10 years
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A new Deloitte survey has revealed that US retailers believe that crypto adoption among businesses will rise to a new high as 83% of them think ‘digital currencies’ will become a legal tender within the next ten years. The report highlighted that…
Report: African crypto startups venture funding grows by over 1000% in 2022
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The African Blockchain Report 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank has revealed that crypto startups in Africa saw more venture funding in the first quarter of 2022 than in 2021. Blockchain startups on the continent raised…
The market believes cryptocurrencies will overtake traditional investments in 10 years
Bitstamp‘s latest Crypto Pulse survey showed that the overwhelming majority of cryptocurrency investors believe that crypto will see mainstream adoption within the next decade. The data comes from a survey of over 28,000 respondents from 23 different countries, including 5,450 senior institutional investment strategy decision-makers and more than 23,000 retail investors. Despite the vast differences…
This is why 2021 was crypto’s breakout year
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The IRS seized $4 billion worth of Bitcoin and other cryptos this year
Despite the fact that a large percentage of all funds seized by the Internal Revenue Service (IRS) in this fiscal year came from cryptocurrency, the agency has projected that it could be able to confiscate more billions from the same source by the next fiscal year. This was revealed via the recently released report of…
Data: Bitcoin (BTC) adoption grows 1,200% in Africa
The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally. BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors…