Day: April 14, 2023

What are cross-border payments, and how do they work?

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Ripple has become a significant player in the realm of blockchain-enabled global payments, while JPMorgan’s Onyx offers intriguing solutions for facilitating cross-border transactions through innovative digital asset payments. Using distributed ledger technology, Ripple enables financial institutions to send and receive money in different currencies in a matter of seconds, rather than the days or even weeks that traditional international payments can take. XRP, the native currency of Ripple, is the bridge asset to facilitate international financial transactions between different currencies. This means that the funds are converted into XRP and…

Ripple launches liquidity hub for businesses to bridge the crypto liquidity gap

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Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year. The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service called on-demand liquidity (ODL). This makes it a global liquidity network offering its partners access to payout rails worldwide. The liquidity hub has been developed from an enterprise point of view to offer digital assets from various market makers, including crypto exchanges and over-the-counter…

Canon USA to Launch NFT Marketplace Cadabra

While information about Cadabra is still scant, there are indications it will offer initial drops of photo collections, mintable on the Ethereum chain. Canon USA has announced the upcoming launch of Cadabra, a new Ethereum NFT marketplace dedicated to photography NFTs. Canon USA previously filed a trademark application for the brand in 2022. Upon launch, the platform will offer photos in varying categories including sports, lifestyle, wildlife, and more Canon’s launch of a marketplace will not be its first foray into the NFT space. Previously, the global imaging giant collaborated…

Casino Not on Gamstop at Mystake․com – Press release Bitcoin News

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press release PRESS RELEASE. Mystake.com is a popular non gamstop online casino platform that offers a thrilling gaming experience for players looking for casinos not on Gamstop. The site is designed to provide an immersive experience for players with a range of games including slots, table games, and live dealer games from some of the top game providers in the industry. One of the unique selling points of mystake.com is that it is not registered with Gamstop, making it an ideal option for players who have self-excluded themselves from other…

HashKey Expands Its Business, Launches Wealth Management Platform

HashKey is looking to attract both private and institutional investors with its newly-launched platform. Digital asset firm HashKey Group has added wealth management services to its list of offerings. The Hong Kong-based firm shared the development via a Friday,  April 14 announcement. Per the announcement, there is presently a high demand for wealth management services. Therefore, HashKey is looking to attract both private and institutional investors with its newly-launched platform. Part of the statement reads: “Despite recent market volatility, there is a significant demand from investors to access virtual assets.”…

Twitter Users to Trade Crypto Through Etoro – Bitcoin News

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Social trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission under Musk, providing financial and a range of other services. Musk’s Twitter Cashtags to Cover Crypto Assets Israel-headquartered investment firm Etoro took to Twitter on Thursday to announce its new deal with the social media platform that will offer market charts on various assets and give you the option…

Bitcoin on-chain analysis suggests a correction may be coming

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market has recently experienced a period of relative stability, halting the bear market. However, recent on-chain data analysis of bitcoin indicates that a correction may be looming. Several key metrics from the blockchain data platform Glassnode have reached noteworthy levels. One of the most significant indicators is the reserve risk, which has climbed to a nine-month high of 0.000030. This metric is used to evaluate the confidence of long-term holders in relation to the…