“A recent university study has endorsed Bitcoin as the next level in the evolution of money. Researchers at Imperial College London believe that cryptocurrencies are poised for mass adoption. The study which was sponsored by eToro examined the barriers to trust and mainstream adoption currently being faced by the emerging cryptocurrency movement,” reports Ethereum World News.
One of the biggest problems facing the cryptocurrency space is that, even with bitcoin’s prominence, no digital currencies can be deemed “widely accepted.”
“Bitcoin futures are attracting investors globally with about 30 percent who live outside the U.S. and consists of 14 percent from Asia and 17 percent from Europe based on participation and daily volume year-to-date,” notes U.S. News.
For more information on the cryptocurrency market, visit our Bitcoin category.