Crypto News of the Day (24.7.) | Bitcoin could reach $ 20,000 • Visa announces plans to introduce crypto payment support • and other news
4 min readWe have prepared for you an overview of the most important things that happened during the last day in the cryptoworld. Welcome to crypto news of the day. Especially Visa has a good news.
Markets
Volatility has returned to Bitcoin to some extent this week. After weeks of stagnation, BTC first broke resistance at $ 9,300 and then continued to win $ 9,500. Bitcoin’s daily high reached $ 9,680 on Bitstamp, where further resistance rejected him. After BTC failed to regain that level, it began to fall again to $ 9,500, which now serves as support.
You can monitor the current prices of cryptocurrencies here.
Cryptocurrency exchanges, Banks
Bitcoin price could reach $ 20,000 if banks invest 1%
The analyst believes that Bitcoin (BTC) will exceed $ 20,000 if US banks invest only 1% of their assets in BTC. Regarding the institutional use of bitcoin, Capriole’s digital asset manager Charles Edwards said that “it is not difficult to see” a growing trend. “If US banks invest only 1% of their assets in bitcoins as investment, hedge or insurance – the price of bitcoins will more than double.”
Carlos Ghosn, Nissan’s ex-CEO, escaped arrest in Japan thanks for payment in BTC
Carlos Ghosn – a former Nissan chief who escaped a house arrest in Japan dramatically in December – paid half a million dollars for the BTC leak. According to US prosecutors, Ghosn’s son sent a payment of $ 500,000 in bitcoins (BTC) to Peter Taylor – one of two men who had helped Nissan’s ex-CEO escape from Japan – through a US-based crypto exchange Coinbase.
Taylor and his father, Michael Taylor, smuggled Ghosn from Japan in a musical instrument case and assisted in his transportation from Kansai International Airport in Osaka. Ghosn is currently at large in Lebanon because Lebanon does not have an extradition agreement with Japan.
Crypto-wallet in the Opera browser has 170 million active users per month
Opera’s web browser is slowly gathering users among those advocating for a decentralized Internet. It has reported that 170,000 users now connect to their built-in Ethereum, Tron and Bitcoin wallets each month.
Visa has announced its plans to introduce support for crypto payments
Visa sets out a plan to support bitcoins (BTC) and the cryptocurrency as a whole. In a new blog post, the payment giant says it recognizes the role of digital assets in the future of money. “The concept of digital currency – or a digital version of cash controlled by a private key – was created more than ten years ago with the introduction of bitcoins.
Today, fiat-backed digital currencies, commonly referred to as “stable currencies,” have emerged as a promising new payment innovation that combines the benefits of digital currencies with the stability of existing currencies, such as the US dollar. “Visa is already active in cryptospace and works with the Coinbase and Fold crypto platforms.
The company says it plans to expand its services to digital currency wallets through its FastTrack program, which will allow fintech companies to integrate into Visa’s global network of 61 million merchants.
BAKKT is failing, there were no BTC transactions in June
Bakkt’s average weekly volume on futures products was an incredible $ 172 million. The maximum daily volume in June was only $ 1.1 million, which corresponds to the volume that Bitcoin has on Deribit every ten seconds. However, nothing is more destructive than the data on BTC on Bakkt. The data show that the volume of options on the Bakkt platform has also fallen to $ 0 since June 15.
Blockchain, Technology
Travala coin AVA will now also be available for VISA Swipe payments
Travala’s AVA token will also be available for Swipe wallet and Visa card platforms – reportedly to be spent at 60 million merchants. AVA will also be supported by Samsung Pay, Google Pay and Apple Pay through Swipe’s integration with these services. In addition, the AVA token will be available to 500,000 users of the multi-asset Swipe digital wallet.
Ethereum blockchains will be able to unite
Ethereum‘s developers took another step this week to launch the long-awaited update to proof-of-stake this week. According to its co-founder, fusions of blockchains 1.0 and 2.0 ETH are already being tested. Ethereum’s co-founder, Vitalik Buterin, recently released information on progress in interoperability between the two Ethereum blockchains. Serenity will announce a brand new blockchain for the platform, but there will be a transition period when new and old will have to work together.
