TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Bitcoin usage among major payment processors has dropped 80%

Wednesday, November 21, 2018 by Piyush Suthar | Comments

Home News Tech Bitcoin usage among major payment processors has dropped 80%

The sharp dip in price is hardly the only hurdle ahead of cryptocurrency mainstream adoption: Bitcoin usage among major merchants and payment processors has purportedly fallen 80 percent since the beginning of the year. Despite hopes that 2018 would be a big year for mainstream adoption, research from blockchain analytics firm Chainalysis suggests that Bitcoin is swiftly losing popularity among major payment processors. The findings show the total amount of Bitcoin handled by payment processors has shrunk 80 percent during the first nine months of the year, Reuters reports. The trend indicates that the cryptocurrency is struggling to mature from…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Siemens wants to change the way we share energy… with blockchain
    New AI tool can synthesise fake human fingerprints fooling biometric systems
    Bad leaders lead to bad ends. This can help you avoid that fate.
    Hinge is first dating app to actually measure real world success


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact