Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
banking
Fuse Launches Charge: A New Era of Non-Custodial Web3 Banking for SMEs
Fuse unveils its premier Web 3 banking service, Charge. The non-custodial bank offers a suite of services including payments, invoicing and fiat on-ramping. Additional features include low transaction fees, borderless payments, and more. Fuse, a layer 2 blockchain network that focuses on Web 3 payments for businesses and payments, announced the launch of its first non-custodial bank for merchants, Charge, aiming to revolutionize payment services in the ecosystem. Charge launches with a broad range of payment solutions for fiat and…
8 months ago
Intergiro and FinchTrade Partner to Bridge Fiat and Crypto Ecosystems with Embedded Banking and Instant Liquidity for Web 3.0
Stockholm, Sweden, October 9th, 2024, Chainwire FinchTrade, a Swiss OTC & crypto liquidity provider, and Intergiro, a Swedish Banking as a Service (BaaS) provider, have announced a strategic partnership to bridge the gap between traditional banking and cryptocurrency ecosystems, and address key challenges for crypto-oriented businesses. This partnership will deliver streamlined financial solutions and instant on/off-ramp options, making it easier for crypto businesses to serve their users more efficiently and drive growth. Two integrated solutions for Web 3.0 Intergiro and…
8 months ago
Uphold’s Topper Integrates with Ledger Live to Offer Seamless Fiat-to-Crypto Transactions and Disrupt Conventional Banking
San Francisco, California, September 26th, 2024, Chainwire Uphold’s fiat-to-crypto on-ramp Topper integrates with Ledger, the gold standard in hardware wallets, to disrupt traditional banking and challenge the exclusivity of traditional banking services. Topper, a fiat-to-crypto on-ramp by the global web3 financial platform Uphold, has announced a partnership with Ledger, the world leader in digital asset security for consumers and enterprises. With this integration, Topper will be the newest onramp within the Ledger Live app, enabling users to manage over 200…
9 months ago
Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB
Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading and custody services via its existing digital platforms such as ZKB eBanking and ZKB Mobile Banking. The fourth-largest Swiss bank with total assets under management…
9 months ago
Crypto Friendly Customers Bank Received FED Warning-Is This the End for Crypto’s Banking Ally?
The post Crypto Friendly Customers Bank Received FED Warning-Is This the End for Crypto’s Banking Ally? appeared first on Coinpedia Fintech News Customers Bank, one of the last of crypto friendly American banks has been warned by the Fed. The Federal Reserve, which controls the U.S. money system, has taken action against the bank because they’re not happy with how the bank handles risks and fights against money laundering .This is a big deal, especially because Customers Bank is a…
10 months ago
XRP Price Slump Linked To Japan’s Banking Crisis? Read On To Know More
The post XRP Price Slump Linked To Japan’s Banking Crisis? Read On To Know More appeared first on Coinpedia Fintech News As per a CNBC report, Japan’s stock markets hit an eight-month low on Friday, as they declined for two straight days after the Bank of Japan raised benchmark interest rates to their highest level since 2008. BoJ Raises Interest Rates By 15 Basis Points On Wednesday, the Bank of Japan (BOJ) raised interest rates by 15 basis points to…
10 months ago
Arthur Hayes Predicts Bitcoin Boost Amid Looming Japan Banking Crisis
The Japanese banking sector is on the brink of a crisis that will force the sale of close to a trillion dollars worth of US Treasury bonds, which Arthur Hayes says will revive Bitcoin. The ex-BitMEX CEO says that the US Fed will jump in to prevent the open-market dump by offering to print dollars for the Bank of Japan, and this liquidity will inevitably flow into Bitcoin. A crisis beckons in Japan. For years, Japanese banks have been scooping…
12 months ago
Ripple Has Partnered With 80% Of Japan’s Banking Industry
The post Ripple Has Partnered With 80% Of Japan’s Banking Industry appeared first on Coinpedia Fintech News A research paper from three industry experts confirms that Ripple has formed partnerships with up to 80% of the Japanese banking industry, depicting the increasing importance of blockchain in TradFi. Ripple has established itself as a formidable player in facilitating faster and more efficient cross-border transactions. Over 60 Japanese banks have integrated Ripple’s technology despite the legal battle between the U.S. SEC and…
1 year ago
Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis
Bitcoin, the enigmatic digital currency, is back in the spotlight as the US banking system grapples with mounting stress. While some predict a stratospheric rise to $1 million per coin, fueled by economic woes, others remain skeptical. Banking On Bitcoin’s Rise? Bitcoin advocates see it as a beacon of stability in a storm. Unlike traditional assets tied to the health of institutions, Bitcoin boasts a finite supply and decentralized nature. This, they argue, positions it perfectly to benefit from a…
1 year ago