Crypto coin USDC that is pegged to the same value as USD will be used by Visa to settle transactions on its payment network. PayPal is rolling out a crypto friendly payment checkout and is Bitcoin on the verge of an intermediate term-top?
Metakovan revealed and more NFT news. Read the weekly round up below.
Exclusive: Visa moves to allow payment settlements using cryptocurrency
Reuters: March 29, 2021
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
Bitcoin may be ‘very, very close’ to an intermediate-term top, strategist says
CNBC: March 31, 2021
The cryptocurrency gained nearly 2% on Tuesday, helped in part by PayPal rolling out crypto-friendly online checkout services at millions of its global partners.
PayPal Pushes Crypto Further Mainstream With Planned Checkout Service for 29M Merchants
Reuters: March 30, 2021
PayPal, which last year added the ability to buy, hold and sell cryptocurrency, is pushing it as a payment method across the 29 million or so online merchants connected to the fintech giant.
Bitcoin beats out final resistance as Ethereum returns to $2K
CoinTelegraph: April 2, 2021
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.
Mark Cuban Owns Twice as Much Bitcoin as Ethereum
Decrypt: April 2, 2021
Mark Cuban loves how practical Ethereum is and remains bullish about it. But his largest crypto investment is in Bitcoin. Shark Tank billionaire and entrepreneur Mark Cuban revealed how he allocated the crypto in his investment portfolio.
Bitcoin’s Drop in Volatility May Boost Appeal, Make $130K Possible, JPMorgan Says: Report
Coindesk: April 2, 2021
The U.S. banking giant said the declining volatility of the cryptocurrency could boost its appeal to institutional investors.
Crypto investor who bought Beeple’s NFT for $69 million says he would have paid even more
CNBC: March 30, 2021
In his first TV interview, Vignesh Sundaresan, also known as MetaKovan, told CNBC, “I had the opportunity to be part of this very important shift in how art has been perceived for centuries.”
Guy who lost out on US$69 million Beeple NFT moved on to Picasso
BNN Bloomberg: April 1, 2021
Shortly after losing out on the auction for a US$69.3 million digital artwork by Beeple, Justin Sun, a tech entrepreneur who founded the cryptocurrency platform Tron, contacted the Christie’s sales department looking for more NFT-connected artworks.
