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Tag: USDC

  • Some Coins that know how to stay in Light

    Monero (XMR)

    XMR uses cutting-edge cryptography to make senders and recipients equally anonymous. Its objective is straightforward: to permit transactions to be carried out secretly and anonymously. At the time of writing, Monero is being traded at the rate of $150.74. It has gained 3.96% in the last 24 hours. The trading volume in the last 24 hours is around $189,671,445.

    Lido Finance (LIDO)

    For Ethereum, Lido is a liquid staking solution. Lido allows users to bet their ETH without requiring any minimum deposits or infrastructure upkeep. At the time of writing, LDO is being traded at the rate of $1.49. it has lost 13.51% in the last 24 hours. The trading volume in the last 24 hours is around $115,970,119.43.

    USDC

    The stable coin of the Terra Network had its value pegged to Dollar. After the collapse, USDC still hasn’t been able to recover from the damage. It is being traded at the price of $0.037. It has lost almost 12% in its value in the past 24 hours.

    Gala (GALA)

    GALA helps the users with the ownership of the gaming experience. At the time of writing, GALA is being traded at the rate of $0.05264. It has lost 10.24% in the last 24 hours. The trading volume in the last 24 hours is around $329,877,845.

    Waves (WAVES)

    Waves still haven’t been able to recover from the damage caused by the information that was leaked. At the time of writing, WAVES is being traded at the price of almost $5.55. In the past 24 hours, the price has dropped by almost 10% making it one of the top losers today.

    Fantom (FTM)

    Fantom (FTM) suffered a major blow when Andre left the network, ever since then, the price has dropped continuously. In the past 24 hours, the price has dropped by almost 10% and now is being traded at the price of almost $0.3077.

    All-Time High Coins

    Furio (FUR)

    It is a project that is based on Defi and is going to have its own ecosystem. At the time of writing, FUR is being traded at the price of almost $14.06. Today it went on to touch a new all-time high at a price of almost $14.11.

    Olive (OLV)

    It is based on a new concept of Eat to Earn. This project allows people to earn coins to imagine, create, and share everything they can. At the time of writing, OLV is being traded at the price of almost $0.833. Today it went into price discovery and touched a value of $0.873.

    MetFX (MFX)

    Based on a new method known as Watch to Earn, this project allows its users to get coins as they watch videos. It utilizes the watch time and provides monetary benefits to its users. $0.00742. It went on to touch $0.00802.

    Creature Hunters (CHTS)

    It is an online puzzle game that uses the technology of NFTS. The coin is being traded at the price of almost $0.179. This price is also its ATH value.

    BitBurn (BURN)

    It provides the 5% reflection value of BTC in the form of its own tokens. At the time, it is being traded at the price of almost $0.0714. This is also its ATH value.

  • The Highly Anticipated Crypto Market Following the FinTech Payment networks Go live with digital currencies

    The Highly Anticipated Crypto Market Following the FinTech Payment networks Go live with digital currencies

    PayPal and Visa allow their users to deal with their daily transactions in cryptocurrencies.

    We have seen that the adoption of cryptocurrencies is rapidly growing. In recent times, financial payment services have begun to allow digital currencies to be used for daily use and to hold crypto assets.

    Elon Musk, who has been one of the biggest crypto enthusiasts, recently announced that his EV firm will also accept Bitcoin as payment for Tesla cars. Now, PayPal and Visa, both the payment services giants have announced that they will support the use of crypto assets.

    What’s Next?

    We already knew that PayPal was in line to support cryptocurrencies in form of payment. Now, with the recent announcement, US users can do just that with its “Checkout with Crypto” feature.

    As per Reuter, PayPal is set to move one step forward in opening crypto accounts for users. The US consumers will now be able to pay at millions of its online merchants globally. With this move, we can foresee the future of e-commerce built upon digital payments.

    Users holding cryptocurrencies including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in PayPal digital wallets will be able to convert their holding into fiat currencies to make online purchases. The company believes that it will be serving almost 29 million merchants on its platform. For the first time, we will see digital assets used as smoothly as credit and debit cards online.

    Moreover, Visa is also ready to roll the crypto plan soon. Visa will allow the use of digital coin, USD Coin, for transaction payment. This is another big acceptance of crypto in the mainstream payment world.

    While telling Reuters, Visa Inc. mentioned that it has launched its pilot program with payment and crypto platform Crypto.com. The financial services corporation intends to offer more partners in the second half of this year.

    The USD Coin (USDC) is a stable coin that is pegged again the US Dollar. Visa’s step toward crypto adoption is one of the most highly anticipated decisions of the present. We can see how finance firms are attracted towards cryptocurrency including BlackRock, Mastercard, and BNY Mellon. The companies have realized that cryptocurrencies are a great investment opportunity and more than that a better payment processing system.

    Elon Musk’s is an inflection figure in the world business and investors keenly follow him, whether it’s the stock market or crypto market. Last week, Musk said that customers can buy its electric vehicles with bitcoin. This is a great push for cryptocurrencies and we will see more companies adopting crypto in the future.

    This move from Musk is a strategic move for investment and from this Tesla can make double the amount of money with the sale of EVs. Because Tesla will not fix the price of Bitcoin against the price of the car in USD. It will be just like a free-floating exchange rate.

    Bitcoin (BTC), the crypto deity is trading just over $59K and heading back towards a record-high of $61K. The future awaits much hyped and highly forecasted Bitcoin prices.