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Crypto News

Payments Giant Visa Lists Trademarks For Cryptocurrency Wallets And The Metaverse

The growth of cryptocurrency and the metaverse has provided traditional finance companies with an opportunity to expand and meet consumer demands. In this line, financial services giant Visa is the latest entity to express an interest in the metaverse, hoping to provide services in the world. The company introduced two metaverse with plans to manage digital and cryptocurrency transactions, cryptocurrency wallets, NFTs, and digital currency.

Finbold - 1403 ngày trước

Charles Schwab Reports Cryptocurrency Is A Highest Method for Retirement Savings

Charles Schwab reports that crypto is the best way to save for retirement, he says, Generation Z and millennials are more likely to invest in cryptocurrency, real estate, pensions, and small businesses than the older generations. Regarding how workers save for retirement, the report states that respondents are still more likely to save for retirement in a savings account than they are to invest, even though a quarter of them invest in crypto.

Bitcoin News - 1403 ngày trước

Report Proves Anti-Tech Consumers Prefer Crypto Payments

According to a recent report by PYMNTS, “tech-averse” consumers prefer using cryptocurrency for regular payments. The majority of consumers, 52%, who use cryptocurrency for investment reasons are mainstream technology users. Moreover, 39% of respondents from the core technology category were mostly interested in cryptocurrency transactions, while the majority of digital asset users with “fear of missing out” came from the tech-driven branch.

U.Today - 1403 ngày trước

Costa Rican Legislators Want To Eliminate Almost All Bitcoin Taxes

Costa Rican legislators are working to make their nation a Bitcoin-friendly one with considerably reduced cryptocurrency taxation. The goal is to have legislation that defines digital assets and permits anyone to purchase, sell, use, and store cryptocurrencies without interference from the Costa Rican government. If passed, cryptocurrency used to purchase products would not be subject to taxation by the government.

Decrypt - 1403 ngày trước

74% Of Institutions Surveyed By Fidelity Investment Plans To Buy Crypto

Fidelity is back with another institutional survey, after finding more institutions investing in crypto and a growing desire to dive into digital assets among top funders. The result confirms that 74% of the surveyed institutions plans on buying crypto in the future. Fidelity found that 58% of investors surveyed reported owning digital assets in the first half of 2022, which is a 6% year-over-year increase according to Fidelity Digital Assets.

blockworks - 1403 ngày trước

Bitpay Adds MATIC Support, Panini America To Accept Polygon Payments

Bitpay, a provider of bitcoin and cryptocurrency payment services, has announced that it now supports the Polygon (MATIC) network. The collectibles company Panini America will be Bitpay's first merchant to accept MATIC payments, the company claims, and users of the Bitpay app will be able to store, swap, and use ERC20 tokens linked to the Polygon protocol in addition to Polygon's native cryptocurrency asset MATIC.

Bitcoin News - 1403 ngày trước

Twitter Permits Users To Buy And Sell NFTs Through Tweets

Twitter announced that it will allow users to buy, sell collectibles and also view NFTs directly through tweets in partnership with four markets. The integration, called NFT Tweet Tiles, displays NFT artwork in a custom panel within a tweet, and includes a button to allow users to click to access a market listing. Still being tested, the integration works with markets from four select partners and they span several Blockchain networks.

Decrypt - 1404 ngày trước

Kazakhstan Builds Central Bank Digital Currency On BNB Chain

Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC into the BNB chain. Changpeng Zhao, founder and CEO of Binance, announced that the network will be a key component of Web3's latest endeavor in Kazakhstan. The National Bank of Kazakhstan (NBK) will integrate its central bank digital currency (CBDC), Digital Tenge, on the BNB Chain, the core blockchain of the Binance Network.

cointelegraph - 1404 ngày trước

Crypto Investment Company Q9 Gets Provisional Approval To Function In Dubai

Hong Kong-based crypto investment platform Q9 Capital has received provisional approval for virtual assets from the Virtual Asset Regulatory Authority (VARA) in Dubai. The company announced its expansion in the UAE and applied for a full operating license Hong Kong-based crypto investment platform Q9 Capital has received provisional approval for virtual assets from the Virtual Asset Regulatory Authority (VARA) in Dubai. The company announced its expansion in the UAE and applied for a full operating license as well. as well.

cointelegraph - 1404 ngày trước

Raoul Pal Believes Crypto And Web3 About To Explode 300x In Market Value

Raoul Pal predicts an unprecedented pace of growth in the market of crypto and Web3 projects. He said that the crypto market value of around $1 trillion could explode to $300 trillion in just a decade. Pal bases his predictions on how much activity he sees around crypto and Web3, along with its growth potential. He says venture capital (VC) investing is flooding crypto and Web3 as it attracts some of the players in technology and finance.

The Daily Hodl - 1404 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1078 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1078 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1078 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1078 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1079 ngày trước