NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Maturing Cryptocurrency Market Sees the Days of the “Crypto Cowboys” Dwindle

Cole Petersen
Cole Petersen
6 years ago
2 mins read
FOMO

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Blockchain and cryptocurrency, although long posing a promising digital solution to many of the issues associated with archaic monetary and digital systems, may soon be growing out of its “Lambo” and “Crypto Bro Club” phase as the technologies see greater mainstream adoption rates.

The recent blockchain week in San Francisco points to the fact that the long-held stereotype of so-called “Bitcoiners” being a group of geeky hackers and ostentatious playboys is long gone, with the new crowd consisting of suit-cladded bankers and investors, who are quickly realizing just how impactful DLT technologies can be on modern systems.

Notably, Ripple’s recent Swell event points to this fact, with former U.S. President Bill Clinton highlighting the event as the key-note speaker, discussing how DLT technology could impact the world.

He importantly discussed the importance of regulators walking a fine line between protecting investors and reducing fraud, while still promoting growth of the technology.

“…you can’t apply an old regulatory regime to a new technology…You end up killing the goose that laid the golden egg,” Clinton said.

While speaking to The Street about the new type of cryptocurrency investors and advocates, Michael Didiuk, a partner at Perkins Cole and a former member of the SEC’s blockchain division, notes that regulators and bankers now understand “that this technology is real and is going to be transformative.”

As Cryptocurrency and Blockchain Find More Use-Cases, Industry Further Matures 

Despite the current cryptocurrency bear market, the industry has never seen as much widespread adoption as it has seen in the past several months.

The release of Ripple’s xRapid cross-border settlement system is one such example of cryptocurrencies finding real world use cases that enhance the current monetary systems.

During Ripple’s Swell event earlier this week, Brad Garlinghouse, the company’s CEO, announced that several companies, including Mercury FX, Cuallix, and Catalyst Corporate Federal Credit Union, would be using XRP and xRapid to facilitate cross-border transactions.

Despite no banks using xRapid, Ripple has previously explained that banks would first use their xCurrent settlement system, which uses blockchain rather than cryptocurrency, and then progress to xRapid after seeing the benefits of xCurrent.

Christian Laang, CEO of supply chain management platform Tradeshift, spoke about the maturity and adoption of blockchain, saying:

“Blockchain is an extremely powerful idea, but it’s very far from being a mature technology. If people are becoming millionaires from ICO, they’re disincentivized to create the next generation of technology. There’s a little bit of a bubble with all the short term-ism.”

The idea that the lure of easy wealth inhibits growth expressed by Laang does appear to be true, as many of cryptocurrency and blockchain’s biggest signs of mainstream adoption have occurred over the past few months in the midst of a persisting bear market.

Featured image from Shutterstock.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum's Rally Isn't What It Seems — Here's What's Really Driving It

Ethereum’s Rally Isn’t What It Seems — Here’s What’s Really Driving It

Ethereum has extended its upward momentum this week, climbing over 20% in the past seven days and pushing past $3,600...

Samuel Edyme 8 hours ago
bitcoin

Bitcoin Sees Long-Term Holders Sell As Short-Term Buyers Step In – Sign Of Rally Exhaustion?

As Bitcoin (BTC) continues to set new all-time highs (ATH) – reaching $123,218 on Binance on July 13 – on-chain...

Ash Tiwari 10 hours ago
XRP

XRP Open Interest Just Hit A Fresh ATH Above $10 Billion, Will Price Follow Next?

XRP Open Interest (OI) has surged to a new all-time high, surpassing $10 billion across major crypto exchanges. This jump...

Scott Matherson 13 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Satoshi-Era Bitcoin Now for Sale: Galaxy Digital Sends 1,500 BTC To Binance

Satoshi-Era Bitcoin Now For Sale: Galaxy Digital Sends 1,500 BTC To Binance

Sebastian Villafuerte 1 hour ago
XRP

Analyst Says You Should Be Preparing To Exit XRP — Here’s Why

Scott Matherson 2 hours ago
Bitcoin Climbs, But NVT Indicator Sends a Surprising Signal

Bitcoin Climbs, But NVT Indicator Sends a Surprising Signal

Samuel Edyme 5 hours ago

Premium Sponsors

Press Releases

  • 今買うべき注目の仮想通貨プレセール3選:革新的レイヤー2と次世代トレーディングプラットフォーム

    ...

    5 hours ago
  • ビットコインが118,000ドルを回復|今注目の新しい仮想通貨と次の10倍成長が期待されるBTC代替案

    ...

    5 hours ago
  • イーサリアムが3,500ドルに迫る中で注目すべきアルトコイン3選

    ...

    5 hours ago
  • 仮想通貨投資の新たな選択肢として注目を集める話題のミーム銘柄、市場の盛り上がりと共に関心拡大

    ...

    5 hours ago
  • 新高値更新で17%上昇のXRP、しかし今注目すべきico仮想通貨は別にあると専門家は指摘

    ...

    6 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.