Crypto India πŸ”‘
Crypto India πŸ”‘ 2 minutes reading from Bitcoin

A Flashback: When BTC Stole ATH Of $900 And When It’s $ETH

Let's have a Flashback:

1/ Last year today BTC made an ATH of 69044 πŸ’Έ

Even though price has been πŸ”½ (down, down, down) but adoption has only been πŸ”Ό since then.

2/ El Salvador Adoption

- Opened up a BTC embassy in Switzerland

- Tourism Industry doubled after adopting BTC as legal tender

- Over 70% unbanked population gained access to payments & remittance services πŸ’₯

3/ Adoption Over The World 🌎

- Canada πŸ‡¨πŸ‡¦ with 2594 BTC ATM’s

- CAR πŸ‡¨πŸ‡« adopts BTC as legal tender

- Bank of Mellon NY πŸ‡ΊπŸ‡Έ accepting crypto custody

- South Africa πŸ‡ΏπŸ‡¦ to roll out crypto payment services

- Hong Kong πŸ‡­πŸ‡° allowing BTC, ETH ETF's

4/ Institutional Adoption πŸ›οΈ

- Fidelity to start BTC ETH trading πŸ“ˆ

- BlackRock partners with Coinbase 🀝

- JP Morgan & MAS conducts first live DeFi trade

- Goldman Sachs offers first cash loan with Crypto as collateral πŸ’°

5/ Technical Adoption

- BTC address count at ATH πŸ’₯

- BTC mining use is only 0.16% of world's total energy consumed

This post is based on this twitter thread.

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