The use of Segregated Witness on the Bitcoin Network has kept on rising throughout the bear market, and this year hit a new all-time high above the 62% mark. SegWit adoption has been growing partly because crypto exchanges have started adding support for it.
Despite improving fundamentals, regulators are seemingly not convinced. Qatar, a country in the Middle East with a population of 2.5 million, has reportedly banned cryptocurrency trading for unclear motives.
On the other hand, cryptocurrency adoption seems to be on the rise. Burger King Venezuela has partnered with a Latin American crypto trading platform to accept payments in top cryptoassets, and has plans to do so at 40 locations. Other reports suggest Burger King Slovenia is accepting BCH payments.
Top stories in the Crypto Roundup today:
Bitcoin’s SegWit Adoption Hits New All-time High Over 62%
Qatar Reportedly Bans Cryptocurrency Trading
Burger King Venezuela Starts Accepting Cryptocurrency Payments
At the time of writing, bitcoin (BTC) is trading at $7,536.38 (1.36%) with a daily Top Tier volume of $1.47 billion. As for ether (ETH), it is trading at $140.17 (3.54%) with a daily Top Tier volume of $361.22 mn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 2,438.84 (2.15%).