Cryptocurrency has taken the financial world by storm. Both large corporations and small businesses have taken notice, realizing that the use of cryptocurrency is no longer a passing trend. To stay competitive, businesses of all sizes should consider accepting cryptocurrency as a form of payment. Cryptocurrency Defined Cryptocurrency, also known…
Once an obscure and strange new digital currency, cryptocurrency has become increasingly mainstream with almost a cult following worldwide. Bitcoin, the first cryptocurrency that started it all, is now accepted as payment by major companies such as PayPal, Microsoft, Starbucks, Etsy, Whole Foods, and Newegg, just to name a few.…
Since the introduction of Bitcoin back in 2009, it has gained a steady following and adoption worldwide. It works because a Bitcoin is first created, then it becomes distributed. It then gets traded and finally stored within a blockchain, which is a decentralized ledger system. The online gambling industry is…
Thinking about accepting cryptocurrency for your business? What are the benefits of accepting this controversial digital currency? What are the risks? It’s important to take the time to weigh the pros and cons so that you ensure that this strategic move will be the right one for your business. The…
Cryptocurrency is quickly becoming a popular consumer payment method. Retailers around the world are beginning to adopt this digital currency at a rapid pace, and its impact could no longer be ignored. Merchants and consumers would do well to learn as much as they can about cryptocurrency as it presents…
In September 2021, El Salvador became the first country to use Bitcoin as legal tender. This announcement marks a huge milestone for cryptocurrency, as it moves from a misunderstood mystery to a more mainstream payment option. Small business owners are catching on to its possibilities and considering accepting cryptocurrency. If…
Early in the month of November, the cryptocurrency market rose to an all-time high, reaching a market cap of a whopping $3 trillion. Bitcoin has garnered more than 6% since November 7, reaching $67,591.86. Meanwhile, Ether, which is a token that supports the Ethereum blockchain, has gained 3.5%. That brought…
Bitcoin has swept the alternative currency world in record numbers. As of June 2021, the Bitcoin market cap had reached as much as $600 billion US dollars. In spite of these astounding numbers, the general public is still slow-moving in recognizing and adopting its existence. According to Statista, as much…
Singapore has officially earned the status of “Asia’s leading crypto-financial hub” after a monumental decision by the Monetary Authority of Singapore (MAS) to grant licenses to several digital payment service providers. Reportedly, 170 applicants submitted their case for approval, yet only “several” were approved to receive these licenses on the…
With cryptocurrency gaining more popularity and adoption by users worldwide, this type of digital payment method is catching the attention of many retailers ready to take their business to the next level. Despite the hype, however, there are still others that are not quite convinced or get what all the…