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Adoption Time

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The previous week was full of impactful news in the field of blockchain and we are happy to share our weekly news digest - “Adoption time” with you - the most important crypto-related events gathered in a single article. Coming every Monday it will help you to find out new opportunities to use your crypto, reveal fresh-released crypto-projects and share relevant adoption cases.

Mark Cuban Claimed Dogecoin More Promising Than Cardano

On Altcoin Daily Podcast the famous billionaire - Mark Cuban said, that DOGE has more applications than Cardano. Cuban says that the next great application that everyone uses could be built on Cardano. "The door is open for that to happen, but it hasn't happened yet," he said.

At the same time, he noted that he believes that the opportunity for Cardano is greater.

On 13.08 Bitcoin Has Passed $25.000 Level

Last week Bitcoin price has shown possitive changes and passed the $25.000 mark on 13.08. However, already on 14.08 the price went back to $24.500. Analysts believe that $25.000 will remain the key resistanse level for the time being. 

The positive tendency might be caused by the inflation colling - the indicator stayed unchanged last month, contrary to the stark growth during the former period.

BlackRock Launches Spot Bitcoin Private Trust

BlackRock has launched a spot Bitcoin private trust to give its U.S.-based institutional clients direct exposure to the world’s most popular cryptocurrency.

The firm said that despite recent market turbulence, it’s still seeing “substantial interest” from some of its institutional clients in accessing crypto markets through its technology. The news comes on the heels of another announcement last week that BlackRock would give users on its Aladdin asset management platform access to Coinbase Prime. 

The well-known email marketing platform MailChimp is banning crypto-related accounts and, what makes things worse, does not even warn the users. Among the companies, which fell under the restrictions are - Messari, Edge, Decrypt and many more.

Users suppose that the restrictions imposed might be assisiated with the recent sanctions towards Tornado Cash, however MailChimp does not provide any comments on it.

PicPay Partners With Paxos To Laucnh Crypto Exchanges

Cryptocurrencies are rooting deeper into the Latin Amercia, as another company - PicPay partners with cryptocurrency provider Paxos. More than 30 million users of PicPay can now buy, sell and store Ethereum and Bitcoin - the most well-known and demanded cryptocurrencies.

Earlier Paxos has partnered with PayPay and Venmo to provide the firms with crypto-related features.