Bank of America is treating Bitcoin, Ether as “cash,” will let you purchase crypto with credit cards
BTC $9137 (-0.6%) • ETH $226 (-1%) • XRP $0.176 (-1.2%)
|CryptoSlate||Jun 30|| 1|
First, they ignore you, then, they fight you, then you win.
The adage cannot hold truer when it comes to the cryptocurrency markets. This year alone, banks like JP Morgan, Goldman Sachs, and even the People’s Bank of China — all anti-crypto at some point — have expressed their interest in offering cryptocurrency services to clients.
While their reasons may range from collecting high processing fees instead of embracing the decentralized ethos of Bitcoin, the developments mark a changing narrative in the digital assets space — as far as traditional markets are concerned.
Now, another American banking giant seems ready to plunge head-first into the crypto-market.
More news ⏬
It’s been a difficult 48 hours for DeFi project Balancer.
Chainlink’s technological capabilities are in-demand this year, with its blockchain seeing increased adoption this year courtesy its scalable smart contracts, oracles, and verifiable randomness function (VRF) features.
Thanks to our premium sponsors
⭐️ Phemex - Phemex is a Singapore-based and fastest cryptocurrency and derivatives exchange. It supports six trading pairs with up to x100 leverage.
⭐️ Bitamp - Bitamp is an open-source, client-side, free Bitcoin wallet that allows you to send and receive Bitcoin securely on the blockchain.
⭐️ Switchere- Switchere is a safe, licensed & non-custodial crypto exchange where you can sell & buy crypto with credit card instantly.
⭐️ Cred - Cred is a global financial services platform serving customers in 183 countries.
⭐️ OKCoin - OKCoin is one of the world’s first and largest regulated crypto exchanges, with millions of users in more than 100 countries around the world.
⭐️ Paradox Group - Paradox is the Official Advertising Partners of CryptoSlate and specialises in Marketing and Blockchain Advertising.
According to the latest report from IntoTheBlock, two of the best-performing assets this quarter are SwissBorg (CHSB) and Bancor (BNT).
Crypto dot com is offering discounted Bitcoin for a limited number of users of June 30, as part of the firm’s fourth-anniversary celebrations. BTC at 50% off Called the “Syndicate Anniversary Special,” the Hong Kong-based crypto giant has a $2 million allocation for the first 25,000 users placing a “subscription” on the exchange.
The crypto adoption curve has been rather steep, especially when it comes to traditional investors.
It’s been a boring past few weeks in the crypto markets.
Bitcoin and other cryptocurrencies may be predicated on decentralization, but the industry still has entities and assets that are of systemic importance.
After facing some overt weakness earlier this week, Cardano’s bulls have come back swinging, propelling ADA up by nearly four percent as the aggregated crypto market flashes some signs of weakness.
Crypto market data
For more pertinent market data, please see:
Connect with us
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.