“Crypto is mainstream, and more and more folks are realizing they need to get smart,” Della Torre said in an interview. “But also that they need to have tools to perform, so the institutional grade workflows that they use, allocate their capital with crypto in mind.” Source
Payment takes place through the PayPal Cryptocurrencies Hub and incurs additional fees. Source
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Bitcoin (BTC), Cardano’s ADA, and ether (ETH) rose over 4%, while memecoins dogecoin (DOGE) and shiba inu (SHIB) increased a nominal 2%. Ethereum Classic (ETC) slid 15% as the hype around its revival tapered off, while overall crypto market capitalization added 3.4% after falling yesterday to $930 billion for the first time since July. Original Source CryptoEtherFedHikeLeadMajorsMarketsOutsizedPrepareRecoveryXRP CryptoX Portal
The cryptocurrency bear market has had an impact on how people pay with crypto, but Bitcoin (BTC) remains a major payment tool despite huge volatility, according to data from BitPay. The share of Bitcoin payments in the total BitPay transactions has been shrinking amid the ongoing cryptocurrency winter, but it’s still the most popular cryptocurrency for payments on the platform. The sales volumes of Bitcoin-based payments on BitPay accounted for as much as 87% last year and dropped to 52% in the first quarter of 2022 amid the bear market,…
Eurocoinpay, a Spanish cryptocurrency exchange, has closed a deal to offer one of the first cryptocurrency-based debit cards in Spain. The card, which is already available for customers of Eurocoinpay, will allow users to acquire products in more than 90 million establishments in the European Union and around the world. Eurocoinpay Aims to Introduce Crypto Payments in Spain Eurocoinpay, a cryptocurrency exchange based in Spain, and registered with the Bank of Spain, has partnered with Mastercard to become one of the first companies in the country to offer…
The central bank will extend the trial of its e-CNY digital currency to Jiangsu, Hebei and Sichuan as well, the South China Morning Post said. Source
With the new approval, the crypto exchange can operate a trading platform and offer a range of services including digital asset custody and payments in Dubai. Source
“In my opinion, Terra doesn’t present systemic risks to the broader crypto markets, especially with regard to investments in the sector,” Victor Young, software architect at blockchain network Analog, told CoinDesk, pointing to the overall perception of cryptocurrencies remaining positive among investors. Source
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