Global Crypto Adoption Crosses 100M Users: Report

By Benzinga11 days ago

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What Happened: Global crypto adoption surged by 15.7%, with over 106 million crypto users in January 2021, according to research from Crypto.com

Analysts from the cryptocurrency exchange claim that this increase in adoption was largely influenced by Bitcoin (CRYPTO: BTC) adoption after its price skyrocketed earlier this year.

This wasn’t the only contributing factor, as adoption rates appeared to pick up most during the latter half of 2020, following Paypal Holdings Inc (NASDAQ: PYPL) opening crypto purchases to investors and the more extensive institutional adoption seen by Tesla Inc's (NASDAQ: TSLA) $1.5 ...

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