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Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants

Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.” Visa Announces $1 Billion in […] дальше »

2021-7-9 04:30


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Hedge Fund Behemoth Marshall Wace Eyes Crypto Investment Foray

Crypto’s growing appeal among institutional investors is set to be reinforced further as London hedge fund behemoth Marshall Wace is looking to invest in cryptocurrency companies. From hedge funds to retirement funds, and even sovereign wealth funds, virtual currency is beginning to draw a stellar cast of backers from the legacy finance world. $55B AssetRead More дальше »

2021-7-7 21:00


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U.K. Multinational Bank Barclays Blocks All Payments To Binance, Citing Notice From FCA

British banking giant Barclays is prohibiting customers from using their debit and credit cards to make payments to the world’s largest cryptocurrency by trading volume, Binance. Barclays appears to be sending text messages to their customers, informing them that the bank is halting payments to the crypto exchange until further notice, the Financial Times reported. […] дальше »

2021-7-6 00:18


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Institutions Cautious of Buying Bitcoin (BTC) at Current Price Levels, Says JPMorgan

There could be more room for bitcoin’s (BTC) price to slide further down, JPMorgan opines. Bearish Mid-term Scenario for Bitcoin Bitcoin continues to slide down the price chart amid a wider market sell-off, and if Wall Street giant JPMorgan’s words are anything to go by, there could be more pain ahead for BTC holders. AccordingRead More дальше »

2021-6-27 21:00


Grayscale Loads Up On Litecoin, Dumps BTC & Other Coins, But Why?

On Wednesday, Greyscale Capital added nearly 8,500 Litecoin to their crypto investment holdings. The investment firm has further spent the last week loading up on Litecoin. Within the last seven days, they purchased just over 15k Litecoin and in the past 30 days added an additional 15k to their holding. Concurrently, they offloaded a large […] дальше »

2021-6-24 20:49


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New World Bank Report: Nigeria’s Exchange Rate Policies Fueling Inflation, Affecting Food Prices

Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates […] дальше »

2021-6-22 14:30


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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes

Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even spray and sell the naira notes.” He adds […] дальше »

2021-6-16 17:00