7 Reasons to Believe in a Crypto Rally in 2023

Some reputable companies have already adopted cryptocurrency for a long time or are planning to do so. This growing adoption by economic heavyweights is supported by the increasingly widespread acceptance of cryptocurrencies in e-commerce.

Large companies are attracted by the transparency, security and speed of transactions that cryptocurrencies offer.

In February 2022 PayPal announced that it plans to accept payments in Bitcoin and other cryptocurrencies for all purchases made on its platform. This feature is only available to US users as of today, but should be available worldwide soon.

You are here is another company best known for its interest in digital assets. its CEO, Elon Musk, is a strong supporter of Dogecoin and Bitcoin. Tesla, which at that time already had a small fortune in bitcoins, bought again in 2021 for 1.5 billion dollars from the king of digital currencies. Elon Musk’s company still has $184 million in bitcoins in the first quarter of 2023.

visa has launched a blockchain-based payment platform that allows users to settle cryptocurrency transactions Many cryptocurrency exchanges such as Binance, Coinbase, Crypto.com…issue a credit card that allows you to spend your digital currencies at all merchants using the Visa network.

MasterCard is not a little bit and also supports bank cards like that Nexoone of the largest cryptocurrency lending and borrowing platforms.

Microsoftmeanwhile, he works on projects related to blockchain technology, bitcoin and other cryptocurrencies.

Do not forget Amazon which partnered with the Avalanche blockchain, in January 2023 through its Amazon Web Service subsidiary. This should enable the developers of their clients to create online business solutions.

Elliot Frost

"Pop culture maven. Analyst. Writer. Wannabe food evangelist. Organizer. Friendly internet lover. Incurable troublemaker. Entrepreneur."