Hey Steemians. You are welcome to the new week. And I do hope you had an unforgettable weekend holidays. It has become a tradition for me to always say some few words of prayers to Usher Monday visitors of this page into the new week. Today isn't going to be any different. Hence I put it to you that all your moves within the corridors of crypto market this week shall be divinely directed. Whales shall flock to each and everyone of your articles and will always leave them better than they meet them. Amin!🙏🙏
Today is Monday and there is a need for crypto enthusiasts to have optimistic views over the state of crypto market. Optimism enables us to develop faith that a particular outcome will be favorable. And since cryptocurrency market is somewhat like FOREX market where positive trading psychology is paramount to success, I have choosen to share some great news that will make our faiths in cryptoverse as strong as the rock of Gibraltar😂. Honestly, in Crypto business, reading and listening to positively impacting news is very critical for success. It makes one to remain firm and stubborn in one's belief in cryptos even when the market outlook isn't welcoming. This is how we have been able to survive the worst of times in cryptoverse.
With that said, below is some positive developments in the last few days around cryptocurrency market:
Crypto adoption continues to increase
Are you among those who are still of the opinion that cryptocurrencies will not go far, think again. Current news report indicates an ever increasing number of stores that are accepting crypto payments. Below are few examples of already existing and upcoming businesses that are accepting cryptocurrencies...
- Coins crypto cafebar: Crypto Cafebar is an upcoming business that will be opening for business on May 12 in Japan, and has been reported to include BTC (bitcoin), BCH (bitcoin cash), ETH (ether), MONA (monacoin), LST (list), XEM (nem), and LTC (litecoin) in addition to credit cards and fiat payment option. It is described as a place where you can use virtual currencies in real life.
Rebecca Z: Rebecca Z, a Japanese based site where women can get all types of Jewelry, now accepts BCH and BTC, according to news.bitcoin.com
Safecast: it is an internationally renowned volunteer organization that manufactures devices that are employed in environmental monitoring activities. Some of their products are hosted on Kithub's website that accepts BCH and BTC via Bitpay.
Goldsilver: Godsilver is a website that markets precious metals such as silver coins, gold bars, silver bars, gold coins and gold jewelry, according to news.bitcoin.com. The company recently broadened its payment options to include BTC and BCH via bitpay.
And I can go on and on without exhausting the list as every passing day, more and more businesses are announcing acceptance of cryptocurrencies as means of payment. Honestly, we you and I are very lucky to get to know cryptoverse at this point in time.
16 crypto exchanges certified to list Venezuela's Petro
According to news.bitcoin.com, Venezuelan President, Nicolas Maduro, has the of the pre-sale for the country's cryptocurrency, Petroleum, and certified 16 exchanges to commence listing Petro on their platform with a view to enabling Petro transaction in international market. A total of 3 Billion dollars was raised within the pre-sale window, which the president promised to inject into the economy.
"The certification of these 16 exchanges is a demonstration of confidence in the system of the Petro, as a cryptocurrency, and will allow liquidity and solid transactional volume..." — — The President was quoted to have said during the inauguration of Venezuela Power Expo 2018 in Caracas...read more
With Venezuela, Malta and Japan setting the pace, it is only a matter of time before countries that are unfriendly to cryptocurrency development would begin to reconsider their stands and make crypto friendly policies.
Adoption of cryptocurrencies is gaining traction everyday and the most interesting thing about it as of today, is the fact the not only private businesses are interested in the new form of currency but nation states like Venezuela, Japan, Malta, Polynesia, etc are showing profound interest. Indeed, in the next 5 years or so, the question of cryptocurrency adoption would no longer apply. Thanks for reading.
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