As one Reddit post recently noted, Bitcoin Cash (BCH) is among the few cryptocurrencies with massive adoption over the past year. The latest digital currency news show that this altcoin has more than 945 online stores accepting it, while the number of brick-and-mortar retailers is around 670.
The Reddit list started with the statistics showing that Bitcoin Cash is growing in terms of support by retailers, mainly listed from three websites. Speaking of, these websites have listed some of the highest online merchants and brick-and-mortar retailers. As listed:
“Merchant adoption of Bitcoin Cash is where it’s at. Here are the latest numbers:
We’ve got 945 online merchants listed on AcceptBitcoin.Cash.
There are 670 brick-and-mortar merchants listed on Marco Coino, which is 2 more than last week.
And you can find 939 merchants of all types on Green Pages, which is 2 more than last week.”
The Bitcoin Cash Association, meanwhile, is a “community-driven grassroots project that aims to accelerate the BCH adoption” as it describes itself, led by Paul Wasensteiner and boasting Roger Ver as an advisor.
— Bitcoin Cash Association (@BitcoinCashA) December 12, 2018
Even though most of the merchants that now accept Bitcoin Cash (BCH) are smaller and independent outlets, there are large payment platforms such as Payeer, CopPay, and BitPay which are all included in the AcceptBitcoin.cash listings.
This proves that retail acceptance for Bitcoin (BTC) and Bitcoin Cash (BCH) is slowly but steadily increasing.
Crypto Analysts: 2019 May Be A Year Of Bitcoin Accumulation
“Similar to 2015, 2019 may be the year of accumulation.’’Another crypto researcher Willy Woo said that while a crash of bitcoin to $3,122 could lead to an increase in volume, it won’t show signs of starting of the accumulation period. He pointed out:
‘’Despite the technical setup that suggests bullishness is possible, there’s not a lot on-chain volume to fuel a prolonged up move. What we saw in the last 7 weeks was a spike of on-chain volume driven by volatility, coins moving to exchanges to trade. The initial volume spike false signalled a faster detox and an earlier end to the bear market, but in fact it was a volatility side effect. That move from $6k to $3k created immense trade volume, but it was in no way a signal that accumulation volume had begun.’’Until evidence for the accumulation of crypto assets shows up, there are still expectations of high volatility levels.
Dmitry Medvedev: ‘’We Should Watch Closely What Happens To Cryptocurrency’’
‘’But this, of course, is not a reason to bury cryptocurrencies. There are both light sides and dark sides, as in any social phenomenon, in any economic institute. And we should just watch closely what happens to them.’’He continued to discuss social inequalities and how the global digital transformation is speeding up saying the cryptocurrency is a part of that fast-going phenomena. The news comes right after major media outlets published the story of Russia’s plan to purchase $10 billion worth of BTC. Turns out that the news was fake. The Russian economist from the Presidential Academy of National Economy and Public Administration Vladislav Ginko pointed out that he strongly believes that Russia might use Bitcoin to fight economic sanctions and this story swamped the media and got massively exaggerated. Russia is, however, preparing a crypto bill that will provide stable cryptocurrency regulation in the next two months. The Duma State will be drafting a regulatory framework in February to regulate ICOs and crypto crowdfunding.
Nearly 1.5 Million People Used dApps In 2018, More Than A Half Being On Ethereum
"TRON is the most ambitious in the dapp field, with a $2 billion Project Genesis launched in the second half of the year. In addition, it spends $100 million on TronArcade to promote its dapp ecosystem."TRON (TRX) launched 97 decentralized applications in 2018, while its ecosystem and community have been growing at an alarming rate. This week, TRX was added to OKCoin, which is one of the largest US exchanges, in order to be traded against fiat, Bitcoin and Ethereum. The report also showed that gambling accounted for $3 billion in transactions over the course of 2018 in dApps.
Brave Browser About To Start Paying Users To View Ads
"A Brave feature called Brave Rewards allows people who use Brave to contribute BAT to the sites they visit. When someone turns on Brave Rewards, their browser will tally the time and attention they spend on each site, and divide up that person’s monthly BAT contribution among the sites they visit. Brave Ads will allow people to opt in to earn BAT based on their attention. When someone turns Brave Ads on, their browser will begin learning their preferences in order to show occasional relevant ads as system notifications," an excerpt from the website states.This is definitely one of the steadiest performance models for Brave. Previously, the browser worked on a model of blocking all ads but figured that replacing ads with their own ads is a significantly better option.
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