Skip to content
  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About
  • MachinaAI

    Login
    • Home
    • News
    • Dashboard
      My Dashboard Equity Dashboard Analyst Dashboard Large Companies Portfolio
    • Smart Reports

Simplify financial decision-making

Machinary offers a modular and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

 

Register now and get free Credits

Sign up

Know the Market. Stay Ahead.

Market Insights & Analytics.

Gain access to a comprehensive retail platform with real-time updates on the stock market and critical financial metrics. Leverage advanced tools for better decision-making:

  • Overview of stock market data:Stay updated with the latest market trends and performance.
  • Monitor AI-based predictions:Access detailed company analytics.
  • Sentiment Analysis:Understand market emotions with AI-driven sentiment insights.
  • Relevance Score:Prioritize information that matters most.
  • Chatbot Integration:Get instant answers and insights through smart AI.
  • Customizable Widgets:Add or remove widgets to tailor your dashboard.
Sign up for early access

Stay Informed. Act Strategically.

Real-Time News Portal.

Unlock actionable insights with categorized, real-time news updates tailored to your needs. Stay ahead in the market with a reliable flow of information:

  • People:Explore updates about key influencers and market leaders.
  • Public Companies:Stay informed on listed corporations and their market activities.
  • Non-Public Companies:Gain insights into the operations of private enterprises.
  • Countries:Understand regional economic shifts and geopolitical trends.
  • Commodities:Monitor pricing and trends for critical commodities like oil, gold, and more.
  • Currencies:Keep track of currency fluctuations and forex market developments.
Sign up for early access

Modular Power. Limitless Potential.

Machinary empowered by MachinaCore

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Reaching new heights together.

Stay tuned for what’s coming next.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Sign up for early access

Explore tailored enterprise solutions - that make an impact.

Exciting innovations are on the horizon! Stay tuned as we unveil new advancements designed to empower smarter decisions and greater success in the fast-paced world of finance.

Get in touch

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Links

  • Home
  • News
  • Dashboard
  • About us
  • Contact

Address

  • MachinaLabs AG
  • Viaduktstrasse 42
  • 4051 Basel
  • Switzerland

  • info@machinalabs.net
  • machinalabs.net

Newsletter

Subscription successful!

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Predefined Themes

Layout settings

Choose the font family that fits your app.

Choose the gray shade for your app.

Choose the border radius factor for your app.

Save settings

Welcome to Machina, a platform to connect with the social world

Forgot Password?

Don't have an account?Sign Up

Welcome to Machina, a platform to connect with the social world

Already have an account?Login

  • Home
  • More
    • Enterprise Services
    • Affiliate Program
    • Official Links
    • About

Bitcoin Acceptance Skyrockets as Global Merchants Embrace Cryptocurrency

  1. Home
  2. Bobs-News Categories Cryptocurrency Market Analysis
  3. Bitcoin Acceptance Skyrockets as Global Merchants Embrace Cryptocurrency
  • bob
  • 2024-01-08
  • Cryptocurrency Market Analysis
  • Fintech and Blockchain Startups
  • World

Since its inception in 2009, Bitcoin has become a hot topic and has significantly influenced consumer choices. This medium of exchange is now being actively traded around the clock and is increasingly being accepted as a method of payment.

In the previous year, there was a significant 300% increase in the number of merchants worldwide accepting crypto payments, as reported by BTC Map, a leading Bitcoin merchant mapping provider. This increase in merchant acceptance of the top digital asset highlights a significant shift in the landscape of digital transactions, indicating a broader trend of increasing integration of cryptocurrencies into mainstream commercial operations.

Recent data from BTC Map shows a rising number of establishments accepting Bitcoin. By the end of 2023, there will be 6,126 establishments—restaurants, bars, shops, and other services—up from 2,207 at the beginning of the year. The map shows more merchants accepting BTC in Central and South America and fewer in Africa and Asia. The number of retailers embracing cryptocurrencies was also higher in the US and Europe.

The Philippines has the highest number of merchants accepting Bitcoin in Southeast Asia. In June of last year, a Philippine-based payment fintech announced that it was enabling over 400 small companies to accept and process Bitcoin payments, thereby revolutionizing the digital economy in the country. However, there was not much representation in China, India, or Russia in the same southeast Asian region.

A recent survey showed that a significant number of merchants who accept cryptocurrency assets tend to sell them back to markets after receiving them, suggesting a trend toward instant conversion rather than retention. This increase in Bitcoin-accepting retailers worldwide underscores how cryptocurrencies are becoming increasingly popular in different parts of the world. This upward trend in Bitcoin acceptance coincides with the year-round price volatility of the cryptocurrency.

Accepting cryptocurrency at the point of sale offers businesses numerous advantages. It typically involves lower transaction fees, often less than 1% of the transaction value, compared to the higher costs associated with credit card processing. Cryptocurrency transactions, like cash, are final, protecting merchants from chargebacks and payment fraud. Furthermore, embracing cryptocurrency opens up new international markets for small businesses, expanding their customer base. Additionally, accepting cryptocurrency provides customers with alternative payment options, enhancing convenience and adding an extra layer of security for their information.

Incorporating cryptocurrency into payment systems presents businesses with a cost-effective, secure, and globally accessible solution. The astonishing surge in Bitcoin payments and the tripling of merchant numbers to over 6,000 worldwide, shows that the cryptocurrency is rapidly solidifying its role as a mainstream medium of exchange. This significant uptick not only showcases the growing confidence of merchants in adopting Bitcoin but also highlights the expanding reach of cryptocurrencies in global commerce.



This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries 🇺🇸 🇵🇭 🇨🇳 🇮🇳
Sentiment positive
Relevance Score 1
People None
Companies TradingView.com, BTC Map
Currencies Bitcoin
Securities None

Leave a Reply Cancel reply

You must be logged in to post a comment.



 MachinaTrader

A new era of trading and data analytics

Everything in one place. Highly reliable, ultra-scalable and blazingly fast!

Related Links

News Blog
Forums
FAQ
About
Privacy Policy (DSGVO/GDPR)

Our Partners
sygnal logo 40
bullishtimes logo white
© 2023 MachinaLabs AG. All Rights Reserved.
People Who like this post
  • img
img