Week in review: Apr 05, 2021 - Visa Will Allow USD Coin For Payments

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.

Institutional Grade Digital Assets Trading and Custodian Services built on the foundation of Security, Accessibility, Compliancy and Transparency.

Sign Up For Our Newsletter

ALT 5 Sigma covers fintech, blockchain, Bitcoin and cryptocurrencies bringing you the latest news and analysis on the future of money.