The US-based cryptocurrency lending company BlockFi has partnered with the American multinational financial services corporation Visa to bring Bitcoin to the masses.Bloomberg reported that the two US companies will offer a credit card that rewards clients’ purchases with the primary cryptocurrency, instead of traditional options such as cash and airline miles.Dubbed the Bitcoin Rewards Credit Card, it will allow customers to receive 1.5% of their purchases back in BTC. Should the user spend...
Read More »Crypto Donations: Bitcoin Tuesday to Raise $1M Today and Give to Charities
As the holiday season approaches, charities are getting ready to receive donations of various cryptocurrencies. One such worldwide crypto-focused charity event started on December 1.Started from December 1, the crypto-based charity event, dubbed Bitcoin Tuesday, looks to raise donations amounting to at least $1 million beginning today and through the month of December. The Giving Block, a crypto donations platform, spearhead the donation drive again this year, only that the fundraising target...
Read More »Cryptocurrency Asset Management Provider NYDIG Raises $100M From a Single Investor
NYDIG, the cryptocurrency asset management company, has raised $100 million from a single investor. The firm collected the amount during its newly-announced fund Digital Assets Fund II, after the previous fundraising project, named Digital Assets Fund I.$150M In Just Two Crypto Investment FundsAccording to officially published documents filed with the U.S. Securities and Exchange Commission, the New York-based digital asset firm revealed that it raised $100 million from only one investor on...
Read More »BlackRock CEO Backs Bitcoin to Become Global Asset
The BlackRock CEO in the interview revealed that the global possession of Bitcoin affects the US dollar in real-time.The CEO of BlackRock Larry Fink in an interview with Mark Carney, the former governor of the Bank of England declared that Bitcoin may evolve to become a global market asset. Fink made it clear in a statement that the Bitcoin market is relatively smaller compared to the others, and the fact that it moves almost everyday places it in a key position to be globally recognized as...
Read More »Analyst: Bitcoin Price at $300K by 2021 End is Not Out of the Question
While bitcoin remains rangebound between $18,000 and the new all-time high, calls for BTC prices making ‘moonshot’ moves in 2021 have already started coming in.Amongst scores of such predictions, on-chain analysis pioneer Willy Woo opines that a $200,000 bitcoin price is ‘conservative’ and that the top cryptocurrency stands to fly to $300,000 by the end of the next year.$300K Per BTC ‘Not Out Of The Question’Even though BTC logged a new high, the top cryptocurrency’s price hasn’t managed to...
Read More »Nearly 20% of PayPal Users Trade Bitcoin Using PayPal App
However, the survey revealed that PayPal has a challenge with making non-Bitcoin traders grow interests in digital assets.About 20% of all PayPal Holdings Inc (NASDAQ: PYPL) users have traded Bitcoin via the PayPal app. CoinDesk noted that the data was revealed by investment banking company Mizuho Securities on the 2nd of December. According to Mizuho’s survey, 65% of 380 PayPal users would make their payments in Bitcoin to PayPal’s 28 million merchants across the world. Also, the survey...
Read More »BlockFi and Visa Partner to Launch Bitcoin Rewards Credit Card Early 2021
The rewards credit card users will receive 1.5% back on all purchases made using the card to be launched in Q1 2021.BlockFi, a New York-based cryptocurrency lender, just added “payments” to its list of products and services. BlockFi announced on December 1st that in collaboration with payment service Visa Inc (NYSE: V), it will be launching a Bitcoin rewards credit card early next year, the first of its kind.Unlike traditional credit cards that offer air travel miles, cash backs, discounts or...
Read More »Tron (TRX) Price Analysis: Major Uptrend Support At $0.027
Tron price started a strong decline after rallying towards the $0.0400 level against the US Dollar.TRX price is now trading below the $0.3500 level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with support near $0.0300 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0300 and $0.0275.TRON price is trading in a positive zone above $0.0300 against the US Dollar, similar to bitcoin....
Read More »#1026 Coinbase ETH Staking, Chef Börse Stuttgart neuer BitMex CEO & BlockFi Bitcoin Reward Kreditkarte
Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1026. Im heutigen Video geht’s um folgende Themen: Coinbase führt ETH 2.0 Staking ein, Chef der Börse Stuttgart wird neuer BitMex CEO & Visa und BlockFi launchen Bitcoin Reward Kreditkarte. 1.) Ethereum 2.0: Coinbase führt Staking einhttps://www.btc-echo.de/ethereum-2-0-coinbase-fuehrt-staking-ein/ 2.) BitMEX: Chef der Börse Stuttgart wird ab 2021 neuer...
Read More »Bitcoin Price Analysis: BTC Correcting Gains, Key Support Nearby
Bitcoin price traded to a new 2020 high at $19,919 before correcting lower against the US Dollar.The price is trading below $19,000, but it is still above the 55 SMA (H4) and the $18,000 support.There is a connecting bullish trend line forming with support near $18,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $18,050 and $18,000 levels.Bitcoin price is currently correcting gains from well above $19,800...
Read More »