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“# Bitcoin futures premium hits 30% but analyst says ‘This time it’s different’ ” March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from the $50,300 bottom on March 25, PayPal officially confirmed that it will support crypto payments for…
“# Bullish traders cast low-risk Ethereum options bets with this clever strategy ” Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and investors who do not rely on technicals have become optimists after Visa initiated a pilot to settle…
“# Bitcoin is outshining gold in the battle of the safe havens ” As the Bitcoin (BTC) price edges closer to $59,000, its value relative to gold is approaching new all-time highs, possibly hinting at the emergence of a new preferred store of value. Measured against gold, Bitcoin’s price reached 34.94 ounces on Tuesday. The…
“# CME Group set to launch Micro Bitcoin futures ” The Chicago Mercantile Exchange, or CME, has unveiled plans to launch a new Bitcoin (BTC) derivatives product that will enable traders to speculate on fractional units of the flagship digital currency. CME Group’s Micro Bitcoin futures contract, which is set to launch May 3 pending…
“# Scottish music school accepts cryptocurrency as payment for lessons ” A Scottish music school will begin accepting cryptocurrency for tuition payments following demand from students, it was announced this week. The Morningside School of Music in Edinburgh said it was responding to suggestions from adult pupils in the school, many of whom now work…
“# PayPal to start letting US customers pay in Bitcoin at global merchants ” Online payments giant PayPal will start to accept cryptocurrency as a medium of exchange at its millions of global merchants, the firm’s president and CEO revealed on Tuesday ahead of a formal announcement. News broke regarding PayPal’s rumored decision to accept…
“# Ripple acquires stake in cross-border payments firm ” Ripple continues its push into the Asian market by acquiring a stake in a cross-border payments firm. According to a blog post, Ripple has agreed to acquire a 40% stake in cross-border payments firm Tranglo, with the aim to expand RippleNet’s On-Demand Liquidity, or ODL, service…
“# Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive ” Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network. As a result, yield farmers…
“# Price analysis 3/29: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK ” On Monday Visa Inc announced that it had launched a pilot program with Crypto.com to enable its partners to settle fiat transactions by sending USD Coin (USDC) stablecoin to Visa’s Ethereum address at Anchorage digital bank. This step by Visa shows…
“# Indian crypto exchange execs intensify lobbying efforts to prevent ban ” Nischal Shetty, CEO of Indian crypto exchange WazirX, and other stakeholders in the industry are reportedly working toward convincing the government to adopt more nuanced cryptocurrency regulations. According to a report by The Economic Times, the country’s Blockchain and Crypto Council has drafted…