Author: NBTC
The pioneering digital currency continues to challenge the supremacy of traditional fiat currencies, with several already succumbing to new peaks in their exchange rates against Bitcoin. Earlier this Monday, Bitcoin recorded a new all-time high (ATH) against the Euro. In fact, data from the cryptocurrency analysis platform RIVER shows that out of the top 20 fiat currencies, 14 of them have seen Bitcoin climb to unprecedented levels. Alongside the Euro, the Japanese Yen, British Pound Sterling, Australian Dollar, Canadian Dollar, Chinese Yuan, New Zealand Dollar, Swedish Krona, South Korean Won, Norwegian Krone, Indian Rupee, Brazilian Real, South African Rand, among…
MeaWallet, a known figure in digital payments facilitation specializing in card tokenization, has unveiled its latest innovation: the global Mea Card Gateway. This platform is designed to ensure the secure transmission of sensitive payment card data, serving as a crucial intermediary between MeaWallet customers, payment processors, and service providers. Targeted at a diverse array of entities including issuers, fintechs, online merchants, financial institutions, and payment service providers, the Mea Card Gateway addresses the critical challenge of securely managing payment card data without necessitating customers to achieve and maintain PCI DSS compliance themselves. By establishing a seamless and secure connection, simplifies…
A local coffee chain serving Washington has taken a bold step to ensure widespread acceptance of cryptocurrencies. Compass Coffee, a coffee brand with sixteen stores in Washington, is partnering with Coinbase, the largest crypto exchange in the United States, to offer its customers the option to pay with USDC, Fox Business reports. To showcase the potential of cryptocurrencies, customers who pay with USDC at Compass Coffee’s Half Street location will receive a 90% discount on their order, as well as an NFT that can be used to redeem a free Coinbase-branded can of coffee. The USDC payment option will initially…
Crypto exchange Kraken unveiled an institutional custody service underpinned by its Wyoming bank charter license. Kraken Institutional features deposits held in segregated accounts remote from the exchange and on a full-reserve basis. Cryptocurrency exchange Kraken has unveiled a qualified custody service for institutional clients in crypto-friendly Wyoming through the firm’s long-standing state-chartered banking license in the region. Kraken Institutional, announced on Wednesday, operates under the special purpose depository institution (SPDI) charter snagged by the exchange back in 2020. All deposits will be held in segregated accounts remote from the exchange itself and on a full-reserve basis. Wyoming, which is populated…
At Bitcoin Atlantis, non-profit organization Generation Bitcoin announced the launch of the Bitcoin Students Network (BSN), an initiative aimed at empowering students to learn about and contribute to the Bitcoin space. BSN, presented by Generation Bitcoin, operates as a one-stop platform providing logistical, educational, and financial resources to students interested in Bitcoin. BSN’s primary goal is to connect students globally, fostering collaboration and knowledge exchange among young individuals passionate about Bitcoin. The network facilitates the creation and scaling of student clubs dedicated to Bitcoin, offering support and financial assistance to affiliated clubs. “The word ‘network’ is mentioned 21 times in…
Leading crypto exchange Bitrue has further expanded its support for XRP by introducing eight new spot-based trading pairs for the sixth-largest cryptocurrency by market cap. The eight crypto assets paired with XRP include Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), Uniswap (UNI), Worldcoin (WLD), ORDI (ORDI), Xahau (XAH), and Optimism (OP). Although the exchange released the list of the new pairs last week, it called attention to the development today in a tweet. 🔥 #Bitrue has launched 8 new $XRP base spot trading pairs! ✅ $XAH, $PEPE, $SHIB, $BONK, $UNI, $WLD, $ORDI and $OP are now available for trading 👉…
Environmental lobby group Greenpeace releases a questionable report using lobbyists’ past affiliations and old data to discredit Bitcoin’s energy impact. A crypto environmental specialist has debunked many of the findings. The organization’s latest report asserts that current Bitcoin mining lobbyists are from think tanks and anti-environment advocacy groups. Greenpeace Exposes Alleged Political Ties Greenpeace asserts that the advocacy group, the Chamber of Digital Commerce, which counts Bitcoin miners Marathon Digital and Core Scientific among its members, authored a Congressional resolution to support Bitcoin mining. The Blockchain Association, which represents the likes of Coinbase, reportedly lobbied against a bill requiring the…
Bitcoin, the largest cryptocurrency by market value, has reached a more than two-year high amid strong flows into cryptocurrency exchange-traded funds. The price of Bitcoin climbed to begin the week, bringing it closer to its all-time high of $69,000. The flagship cryptocurrency was last trading at $66,088, according to CoinMarketCap. Earlier, it reached as high as $66,500, its highest level since November 2021. As optimism builds up on the crypto market, traders keep their eyes peeled on crucial economic data for fresh clues as to the timing of Federal Reserve interest rate cuts. This week might see major macroeconomic releases,…
Meld plans to offer lending and borrowing against real-world assets in partnership with DeFi platform Swarm. Swarm, which is licensed with the financial German regulator, set up an RWA trading platform in December last year. Meld has a VASP license in Lithuania. Crypto-friendly bank Meld plans to soon offer lending and borrowing against tokenized real-world assets (RWAs) to retail investors, which could allow them to “ape more into bitcoin.” The bank, which is in partnership with the layer-1 blockchain of the same name, has signed a memorandum of understanding with decentralized finance (DeFi) platform Swarm Markets, a spokesperson told CoinDesk…
Tether (USDT) prepaid cards are a convenient and secure way to spend your USDT. They are accepted by merchants that accept Visa or Mastercard, and you can also use them to withdraw cash from ATMs. In this article, we are going to examine the 5 best Tether prepaid cards available in the market today and compare their fees, features, and more. Here are the best Tether (USDT) prepaid cards in 2024: Crypto.com Visa Card – Free Spotify, Netflix, Amazon Prime subscriptions, and more for crypto card users Trustee Card – A payment card with Binance Pay support Wirex Card –…