Mastercard to Support Cryptocurrency Payments in 2021

In brief Mastercard will allow customer-to-merchant payments in cryptocurrency this year without the need to settle in fiat. The announcement makes clear that Mastercard is interested in integrating stablecoins rather than assets like Bitcoin. Visa has also mulled running cryptocurrencies on its network. Mastercard, a key player in the world of traditional payments, is getting…

Bitcoin’s pullback slashes 23% from crypto evangelist Michael Saylor’s MicroStrategy | Currency News | Financial and Business News

Bitcoin’s pullback leads to volatility in MicroStrategy. NurPhoto/Getty Images Noted bitcoin bull Michael Saylor saw shares of his company MicroStrategy fall as much as 23% on Wednesday. The volatile move is a result of MicroStrategy’s significant bitcoin exposure. JPMorgan analysts warned clients in a note of the increased volatility that results from holding bitcoin. Sign…

Dogecoin? A lot of ‘retail punters are going to lose money,’ says crypto expert

“ ‘Unfortunately a lot of retail punters are going to lose money on dogecoin in the long term because there’s really not much there in terms of interesting technology.’ ” That’s Nic Carter on CNBC on Wednesday explaining the potential perils of piling into dogecoin, as a number of celebrities and captains of industry have…

XRP soars above $0.53, defies risk of a 45% correction for now

XRP price tussles with the $0.50 resistance level, which coincides with a confluence of multiple technical hurdles. Rejection at this level increases the odds for a 45% drop in Ripple’s market value. The potential correction could be cut short by the 50 four-hour MA around $0.42. It is an understatement to say that XRP price…

Crypto Boom Is ‘Speculative Mania,’ Bank of Canada Deputy Says

GlobeNewswire WellteQ Expands Health & Wellness Program Management Team Ms Gretchen Masters, Designer of nib Insurance digital ecosystem joins WellteQ as Program Development Manager.Based out of Sydney, Australia, Gretchen brings over 15 years of population health engagement experience within program design, vendor management, agile methodology and design thinking. Ms Masters commenced with WellteQ on the…

Cryptocurrency ETPs Lifted by Bitcoin’s Ascent

“A rising tide lifts all boats” is the well-known saying that is playing out in the nascent cryptocurrency market. The recent surge in bitcoin prices has been fast and impressive, rising from $15,433 per coin to $46,477 during the past three months. Other top cryptos by market capitalization, including ethereum and litecoin, have…