The Visa and Mastercard programs enable banks and other institutions using ALT 5 Sigma's trading platform to offer co-branded Visa and Mastercard credit cards to their registered end users which are linked to their digital assets' accounts.
Ether, the second-largest cryptocurrency, soared to a record above US$4,400 Friday on bullish sentiment surrounding an upgrade to the Ethereum network and rival Bitcoin’s recent rally to a high of its own.
According to MicroStrategy’s Q3 financial results published on Thursday, the firm spent a total of $3.160 billion to purchase the Bitcoin it owns, with an average cost of approximately $27,713 per coin.
Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale global head of ETFs David LaValle gave a nine-month timeline for approval by United States regulators.
The meme-based digital asset shiba inu has entered the top ten largest crypto assets by market capitalization, knocking dogecoin down a notch. In the last 30 days, the shiba inu token climbed 976% capturing a market cap of over $40 billion.
A new survey by Finder dot com found several financial strategists peg a price target of $5,000 for Ethereum, more than 100% of its current value. According to the forecast, fintech panelists have opined that the prices of Ethereum will continue to soar as 80% of applications are built on the Ethereum blockchain.