Real Adoption: How Will Mastercard’s Crypto Acceptance Affect Bitcoin Price?
Mastercard, the leading credit card conglomerate, will allow its users to utilize some cryptocurrencies on its payment network, becoming the latest to adopt crypto. The price of Bitcoin moved rapidly after the Mastercard and BNY Mellon news broke, refueling momentum in the market. Raj Dhamodharan, executive vice president of digital asset and blockchain products and […]
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Mastercard, the second-biggest payments multinational in the world after Visa, has revealed a set of three blockchain APIs in its developer site. The offering of its own blockchain solution can be seen as Mastercard’s attempt to get ahead of the burgeoning pack of blockchain developers across the financial landscape. The credit card giant showcases three API offerings. Its ‘Blockchain Core API’ provides a toolkit for adopters and users to run their own nodes while administrating participants in a blockchain network. The Smart Contracts API allows developers to write custom scripts using....
While the rise in cryptocurrencies over the last year has been the source of excitement among advocates and consternation for its detractors, a look at prices alone hides the real value being unlocked within the ecosystem. Cryptocurrency’s Real Value Lies in its Use, Not Speculation With the pandemic weighing on the global economic outlook and confidence in legacy frameworks ebbing near an all-time low, crypto fills the void among investors, consumers, and merchants alike. While easy to look at the significant rise in crypto valuations as the harbinger of times to come,....
Bitcoin adoption is on the rise. Major industries are starting to realize that this is not something that they can overlook and it’ll go away. So they are now taking the initiative to incorporate crypto payments onto their services. After making the rounds through legal tender acceptance in El Salvador, bitcoin adoption has now headed […]
Bitcoin and crypto adoption was all over the place last week and it seems like the trend might continue this week as well Following the recent events of El Salvador’s President Nayib Bukele announcing the acceptance of Bitcoin as a legal tender, this has sparked a domino effect of other Central and South American countries […]
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate industry.” Real Estate Platform Pacaso Now Supports Crypto Payments The firm Pacaso is a real estate platform co-founded by Spencer Rascoff and Austin Allison. Rascoff is well known for co-founding Zillow Group and co-founding Hotwire.com as well. In....