Crypto Adoption

Economist Alex Krüger Says President Trump’s Crypto Endorsement To Generate ‘Seismic’ Changes – Here’s How

January 26, 2025 The Daily Hodl

Bitcoin

Widely followed economist Alex Krüger believes President Donald Trump’s pro-crypto stance will massively shake up the digital asset industry. Krüger tells his 201,600 followers on the social media platform X that the current US administration’s efforts to establish clear rules of the road for crypto will likely spark the next wave of digital asset adoption. […]

The post Economist Alex Krüger Says President Trump’s Crypto Endorsement To Generate ‘Seismic’ Changes – Here’s How appeared first on The Daily Hodl.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Top crypto adopters in 2025: Institutions, retail, low-income countries

January 8, 2025 Coin Telegraph

bitcoin adoption

Cryptocurrency holders worldwide are poised to reach a new all-time high in 2025, the CEO of Chainalysis told Cointelegraph.

The global cryptocurrency industry is poised for another year of growing mainstream and institutional recognition in 2025, thanks to increasing regulatory clarity and soaring crypto valuations.

Crypto investor optimism is rising following the record-breaking year of 2024 when Bitcoin (BTC) price rose to an all-time high of $108,300 on Dec. 17, over a month after Donald Trump’s victory in the United States presidential election.

With expectations of more regulatory clarity associated with Trump’s incoming administration, the crypto industry could be set for another year of milestones, including more institutional adoption and a new high in global crypto investors, industry experts told Cointelegraph.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

USDC market cap is up 80% from 2023 lows

January 2, 2025 Coin Telegraph

Circle

The stablecoin is also more widely distributed across blockchain networks.

The circulating supply of Circle’s United States dollar-backed stablecoin USDC (USDC) has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research.

As of Jan. 2, USDC’s circulating supply is approaching $44 billion, nearly double the 2023 low of less than $24 billion, according to CoinGecko.

Meanwhile, holdings are more evenly distributed among blockchain networks as users migrate beyond Ethereum, Blockworks’ data analytics manager, Dan Smith, said in a Jan. 2 post on the X platform.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Over 400 million crypto wallets have a non-zero balance — Chainalysis

December 7, 2024 Coin Telegraph

2024 bull run

According to Chainalysis, real-world tokenized assets and investment vehicles continue to be major drivers of crypto adoption.

Over 400 million crypto wallets have positive balances as the bull market continues to heat up, according to Chainalysis. The current rally is attracting institutional and retail users to crypto, particularly those transacting in dollar-pegged stablecoins.

According to a Dec. 5 report, the rise in wallets with a non-zero balance represents a clear trend that crypto adoption is steadily increasing, despite wallet addresses not necessarily indicating the number of people using a blockchain.

“It is clear that we’re experiencing a seismic shift in both perception and usage,” the Chainalysis team wrote.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects

November 21, 2024 Bitcoin.com

bitcoin.com

A new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total […]

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Google Cloud becomes main validator on Cronos blockchain

November 7, 2024 Coin Telegraph

Blockchain

Google Cloud will contribute to Cronos’ decentralization and security, along with other notable validators like Crypto.com and Blockdaemon.

Google Cloud has become the main validator of the Cronos blockchain, showcasing the growing adoption of cryptocurrency by global technology giants.

As an expansion of its strategic partnership with Cronos Labs, Google Cloud will become the main validator on the blockchain, aiming to bring more technical innovation and increase developer adoption on the network.

The partnership is a sign of Google Cloud strengthening its commitment to the Web3 space, according to Rishi Ramchandani, the head of Web3 APAC at Google Cloud. He wrote:

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Institutional investments in Solana blockchain DApps up 54% in Q3

November 1, 2024 Coin Telegraph

Coin Telegraph

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.

Update Nov. 1, 2:29 pm UTC: This article has been updated to include quotes from Messari Protocol Services.

Institutional investments in Solana-native blockchain applications have seen a resurgence in the third quarter of 2024.

During the third quarter, 29 Solana-based decentralized applications (DApps) raised a cumulative $173 million, marking a more than 54% increase compared to the previous quarter.

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices

October 24, 2024 Bitcoin.com

bitcoin.com

A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party’s business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.1% of respondents think a […]

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Winklevoss-backed DeFi platform launches after $6.9M investment round

October 22, 2024 Coin Telegraph

Winklevoss-backed DeFi platform launches after .9M investment round

Azura

Azura completed a $6.9 million investment round backed by the Winklevoss twins, Volt Capital and Alliance DAO.

Azura, a new all-in-one crypto application aggregation layer, has launched with support from some of the most notable crypto founders.

Azura, which brands itself as an onchain interfacing layer, launched on Oct. 22, aims to lower the entry barrier for new investors and enable them to trade any asset via decentralized finance (DeFi) applications.

Azura aims to support all blockchains and protocols, according to an Oct. 22 X post:

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Binance Expands Mobile Money Across Africa — 6 More Countries Gain Access

October 19, 2024 Bitcoin.com

Africa

Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion and make digital assets more accessible. By offering a secure, user-friendly entry into crypto, Binance aims to empower millions across Africa with greater access […]

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