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Crypto Tidbits: Bitcoin ETF Denied, Libra Loses Visa & eBay, SEC Crackdown on Telegram’s Blockchain

Another week, another of Crypto Tidbits. This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week.  Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future. Price action (or lack thereof) aside, this week was hectic […]

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Visa Predictably Backs $40 Million Raise in Cryptocurrency Security System

The longer you’ve been in the blockchain space, the more you’ve likely realized that traditional finance companies will come in and benefit from the technology as well. It started with patents and investments; now the companies inevitably begin to take a more active role. Then You Win JPMorgan released its cryptocurrency. Now, much of the […]

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Report: Uber, PayPal, Visa to Back Facebook’s GlobalCoin Cryptocurrency

Visa, Mastercard, PayPal and Uber are all backing Facebook’s new cryptocurrency, according to the Wall Street Journal.

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Coinbase Crypto Exchange Debuts Visa Card for UK Customers

Coinbase has launched Coinbase Card, which enables its U.K.-based customers to make purchases with cryptocurrency. Major American cryptocurrency exchange Coinbase has launched Coinbase Card, that enables its United Kingdom-based customers to pay in-store and online with cryptocurrency. The development was announced in a blog post published on April 10. The Coinbase Card is a Visa […]

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Analyst: ‘Bitcoin Poses Existential Threat To Visa, Mastercard, and Paypal’

Investors should not ignore cryptocurrencies’ threat to incumbent payment services like Visa, Mastercard, and PayPal, according to Lisa Ellis. In a note to clients, the MoffetNathanson analyst said that emerging use-cases could pose an existential crisis in the future. As Ludicrous As It May Sound “Why would I ever buy coffee with bitcoin?” asked Ellis, before […]

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Major US Retailer Ditches Visa – Now Considering Bitcoin’s Lightning Network

US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with Bitcoin’s Lightning Network nationwide. Fees-a Not Accepted Here It all started on Friday when Kroger announced the move to no longer accept Visa credit […]

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