Visa Inc. headquarters in Foster City, California © 2020 Bloomberg Finance LP Visa is piloting transaction settlement in stablecoins on the ethereum blockchain. Credit card provider Visa today announced it accepted the first settlement payment in U.S. Dollar Coin (USDC), a cryptocurrency pegged to U.S. dollar in a 1:1 ratio, from its global crypto wallet partner Crypto.com over the ethereum blockchain. This marks the launch of a pilot which would allow Crypto.com to settle a… Source link
Read More »5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in all-too-familiar territory with all-time highs just out of reach. After a positive weekend, the largest cryptocurrency has avoided a deeper price dip than that seen last week, and $50,000 has stuck as support. What next? Cointelegraph takes a look at five factors which may shape Bitcoin price action in the coming days. Stocks set for crunch moment Monday will form an interesting open for U.S. equities as fears mount over the impact of Friday’s $20 billion… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 29th, 2021
Ethereum Ethereum fell by 1.58% on Sunday. Reversing a 0.82% gain from Saturday, Ethereum ended the week down by 5.45% to $1,686.92. A mixed start to the day saw Ethereum rise to a late morning intraday high $1,725.71 before hitting reverse. Falling short of the first major resistance level at $1,742, Ethereum slid to a late intraday low $1,662. Ethereum fell through the first major support level at $1,676 before a partial recovery to $1,680 levels. At the time of writing, Ethereum was down by… Source link
Read More »Bitcoin and Ripple’s XRP – Weekly Technical Analysis – March 29th, 2021
Bitcoin Bitcoin, BTC to USD, fell by 2.72% in the week ending 28th March. Reversing a 2.85% gain from the previous week, Bitcoin ended the week at $55,780.0. A mixed start to the week saw Bitcoin rise to a Monday intraweek high $58,525.0 before hitting reverse. Falling well short of the first major resistance level at $61,935, Bitcoin slid to a Thursday intraweek low $50,350.0. Bitcoin fell through the first major support level at $54,706 and the second major support level at $50,412. Steering… Source link
Read More »Square CFO Amrita Ahuja is betting big on Bitcoin – Fortune
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Read More »General Motors Considering Bitcoin As Payment
Share Tweet Share Share Share Email Some bitcoin investors are watching General Motors (GM) closely in the wake of CEO Mary Barra’s response during the company’s fourth-quarter earnings call to a question about whether the automobile giant might accept the cryptocurrency as a form of payment. The exchange Barra had with analyst Adam Jonas of Morgan Stanley on Feb. 10 was highlighted in a March 26 article on the cryptocurrency and investing news website Coin Quora. During the call, according… Source link
Read More »After 500% Bitcoin Boom, Data Reveals Why April Could Be Even Bigger For The Bitcoin Price
Bitcoin, after surging through the first couple of months of the year, has lost momentum in March. The bitcoin price, up almost 500% since its latest bull run began in October, climbed to an all-time of just over $60,000 per bitcoin this month but has stopped breaking fresh ground with the regularity it did through January and early February. Now, with historical bitcoin price data showing March losses are often followed by an April rally, bitcoin traders and investors are feeling… Source link
Read More »Why Bitcoin Will Hit $200,000 This Year
Bitcoin has been on a tear in 2021, and if history is any indication, we should expect bitcoin to continue to run well past the six figures mark, and to $200,000 and beyond in 2021. The Halving Cycle Dynamic, Programmatic Price Action While the typical skeptic will shout from the rooftops, “Bitcoin is nothing more than a speculative bubble!” and how there is “No intrinsic value, Bitcoin is just tulips!,” these critics clearly have not done much critical thinking or research on the… Source link
Read More »Aave, Cosmos, Monero Price Analysis: 28 March
There was some on-chain sign of a move toward $450 for Aave based on the concentration of large wallets. On the charts, the medium-term outlook was neutral but climbing above $360 would be a sign of bullish strength. Cosmos also faced strong resistance at $19.8, and Monero was consolidating above a level of support at $215. Aave [AAVE] Source: AAVE/USDT on TradingView A previous analysis noted a bullish scenario for AAVE (in cyan). The $340 mark has been defended; $344 has not been ceded to… Source link
Read More »Wife Leaves Husband After He Refused to Sell Bitcoin at $60K and Bought the Dip – Featured Bitcoin News
Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left the House to Stay With Her Sisters According to a post on Reddit, a user named “Parking_Meater” gave his particular testimony on how the bitcoin (BTC) bull-run ended… Source link
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