Thursday, April 25, 2024
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Mastercard boosts ‘Engage’ program to prioritize crypto integration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Mastercard has expanded the scope of its Engage program, facilitating connections between card issuers and potential partners who possess the necessary technical expertise to expedite the launch of crypto credit cards. A recent press release states that

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Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing

The platform is undergoing a restructuring that includes breaking up its structure into smaller, autonomous units called SubDAOs and investing in yield-generating, real-world assets to boost protocol revenue at a time when demand for crypto lending is modest. Source

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Gemini and Ripple navigate legal hurdles, Asia boosts regulatory efforts

Last week was eventful for Gemini. They faced similar accusations brought by the United States Securities and Exchange Commission (SEC) as Ripple. Subsequently, they had to deal with various operational and regulatory challenges. Despite the ongoing SEC case, Ripple is still determined to pursue growth. In Asia, more robust regulations on

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Nvidia Earnings Outlook for Current Quarter Induces AI Rally as Company Boosts Production

Nvidia recently increased its quarterly earnings guidance on the back of solid demand, also sparking a rally in AI stocks.  The latest earnings outlook of Nvidia Corporation (NASDAQ: NVDA) has triggered a substantial rally in artificial intelligence (AI) stocks. Early Thursday, the chip maker’s stock soared, pulling other AI-exposed companies higher on a

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Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar

Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSuspicions mount over First Republic contagionData from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to multi-day lows at the time of writing.The pair

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Bitcoin-friendly PPI data boosts bulls as Ether price fights for $2K

Bitcoin (BTC) preserved $30,000 support at the April 12 Wall Street open as more United States macroeconomic data boosted bulls.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPPI hints further inflation drops to comeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $30,250 on Bitstamp.Amid a slowdown in volatility, U.S.

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Bitcoin rests at $28K as US jobs data boosts new Fed rate hike bets

Bitcoin (BTC) showed little interest in moving higher at the April 7 Wall Street open as fresh United States macro data boosted bets on further interest rate hikes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Fed will keep hiking "until something breaks"Data from Cryptox Markets Pro and TradingView followed BTC/USD as

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Bitcoin Volatility Index’s Correlation With Bitcoin Price Flips Positive, Boosts Appeal of Bullish Call Options

Options are derivative contracts that give the purchaser the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a specific date. A call option gives the right to buy, a signal the holder has a bullish stance, while a put

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