Cryptocurrency Analysis and News Portal
The initial announcement that Amazon would start accepting Bitcoin payments caused a spike in the coin’s price.Amazon.com Inc (NASDAQ: AMZN) has openly rejected claims by a British newspaper, City A.M., that it would start accepting Bitcoin payments by the end of the year.The report by City A.M. was distributed freely
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Founded back in 2008, Tranglo has grown to an international payment processing company with 1,300 payout partners.Tranglo, Asia’s leading cross-border payment hub, has announced it has a new exciting feature in the pipeline that will transform the payment and the fintech industry. Through a Twitter post, Tranglo noted that the
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NatWest, a major United Kingdom-based retail and commercial bank, has blocked all credit and debit card payments to crypto exchange Binance until further notice, multiple users on social media reported on Thursday.“With an increase in scams relating to cryptocurrency and regulatory uncertainty around Binance in the United Kingdom, we want
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XRP has picked bullish momentum in the 1-hour chart with a 4.7% increase. Higher timeframes seem equally bullish with the weekly and monthly chart recording a 7.8% and 154% rally, respectively. XRP retraces in the daily chart. Source: XRPUSDT Tradingview XRP price performance has recovered since the start of 2021 when the
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Coinbase is estimated to facilitate payments of up to 8-figures on Sotheby’s website during the auction period. Coinbase Global Inc (NASDAQ: COIN) announced that it was selected to facilitate payments by Sotheby’s during the Contemporary Art Evening Auction. Notably, according to Sanchan Saxena, Vice President Ecosystem, Coinbase Commerce
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Major American investment bank JPMorgan is working with Singapore’s largest bank, DBS, and state investment firm Temasek to launch a new blockchain company focused on global payments and interbank transactions.Dubbed Partior, the new firm will use blockchain technology and digitize commercial bank money to reduce the existing friction in cross-border
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A change.org petition requesting Amazon to accept Dogecoin for payment has reached over 140k signatures. The appeal was started four years, but the last two months have seen it pick up the pace, reaching 100k signatures in February. Since then, interest has snowballed further. “It is time for Amazon.com to be
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Turkey has announced a move to ban cryptocurrencies as a form of paymentThe Turkish Central Bank cites that cryptocurrencies can cause ‘non-recoverable’ losses due to their level of anonymityThe crypto ban in Turkey begins April 30thBitcoin has dropped from $63k to a local low of $60,050 as a result of
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As the number of crypto users increases, the crypto space is moving towards an optimistic future. This transformation made many businesses, owners and banks to accept cryptocurrencies as a payment option.The key priority for all businesses is that they should serve faster, secure, and transparent payment transactions. This made cryptocurrency
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