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…
Fintech
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FintechWhy Fintech is Gaining Popularity in Different Industries
Fintech, short for financial technology, is transforming various industries by offering innovative solutions that enhance efficiency, security, and customer satisfaction. Its applications are widespread, affecting e-commerce, online retail, and online entertainment sectors greatly. By providing seamless payment options, personalised services, and improved data security, fintech is reshaping how businesses operate and how consumers engage with digital services. This article explores the reasons behind fintech's growing popularity in these key industries. Fintech in the E-commerce Industry The e-commerce industry has seen…
8 months ago
Ripple Announces New Tie-Up To Promote Fintech Opportunities In Brazil
The post Ripple Announces New Tie-Up To Promote Fintech Opportunities In Brazil appeared first on Coinpedia Fintech News In the latest development, Ripple has announced a new tie-up with Fenasbac to promote fintech opportunities in Brazil with the help of the Next accelerator program. Ripple picked Brazil as its first company for targeted investment, pointing to the country’s crypto-friendly regulatory environment and a strong community of developers. Next is the largest startup acceleration program in the financial sector in Brazil.…
10 months ago
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FintechThe Alessio Vinassa Factor: How a People-Centric Leader is Redefining Fintech Entrepreneurship
In the fast-paced world of fintech and blockchain, where entrepreneurs and projects strive for solutions to various problems, Alessio Vinassa has distinguished himself not just through his technical acumen but through a steadfast commitment to a people-first philosophy. As a tech entrepreneur and founder of BlockTechGroup, Vinassa's approach has empowered multiple businesses to thrive. His belief in shared success—an entrepreneurial ethos centered on collaborative vision—has proven to be a cornerstone of his success. "I saw an opportunity to create something…
12 months ago
Canadian Fintech DeFi Technologies Invests in Bitcoin for Treasury Reserve
DeFi Technologies Inc., a leading Canadian financial technology (fintech) company, has embraced Bitcoin (BTC) as its primary treasury reserve asset. This strategic move involves an initial purchase of 110 BTC, which signifies the company’s integration of traditional capital markets with decentralized finance (DeFi). The decision aligns with the broader trend of companies seeking portfolio diversification and alternative revenue streams amid changing economic conditions. DeFi Technologies Invests in Bitcoin as a Hedge Against Inflation Recognizing Bitcoin as a major asset class…
12 months ago
VeChain and SYME’s Joint Venture Promises Blockchain-Powered Fintech Revolution – Implications for VET
This significant collaboration between Supply@ME and VeChain (VET), aims at revolutionizing supply chain finance globally. Leveraging blockchain technology, the partnership aims to generate cash flow for manufacturing and trading companies without resorting to debt. The SYME 2023 Annual Report brings bullish news for VeChain (VET) holders, unveiling a groundbreaking partnership between Supply@ME and the supply chain blockchain titan, VeChain. According to the report, this strategic alliance aims to transform supply chain finance for manufacturing and trading companies worldwide. Together, the…
1 year ago
Latin American Fintech Giant Nubank Enables Bitcoin Withdrawals and Deposits: Report
São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and deposits of Bitcoin and cryptocurrencies. With this latest move, customers will now be able to send and receive Bitcoin, Ethereum, and Solana using the Nubank app. The withdrawal and deposit options are now available, allowing users to check the functionality on the app’s main crypto screen. Nubank Adds Bitcoin and Cryptocurrency Features to App The launch includes an initial selection of three cryptocurrencies, but Nubank plans…
1 year ago
Slash Fintech and dYdX Japan Launch Joint Marketing Event to Expand in the Asian Market
[PRESS RELEASE – Tokyo, Japan, April 7th, 2024] Decentralized payment protocol Slash has announced the launch of a joint marketing event with perp DEX platform dYdX Japan. Aimed at fostering business development in the Asian market, the campaign will run from April 3 until April 17. The campaign offers an exciting opportunity for participants to win exclusive dYdX branded swag. Five lucky winners will be selected by lottery from Campaign OAT (On-chain Achievement Token) holders, with the lottery results announced…
1 year ago
Binance Launches Own Fiat-To-Crypto Payment Fintech
The world's largest cryptocurrency exchange Binance has announced the launch of its own fiat-to-crypto payments provider. As announced on Monday, Bifinity will be the official fiat-to-crypto payments provider for Binance. The payments financial technology company will connect businesses, merchants, and users to the world of crypto and blockchain. Bifinity will support over 50 cryptocurrencies globally along with all major payment methods, including VISA, Mastercard, and more. Users will also have access to "NFT checkouts," allowing users to trade across different platforms. …
3 years ago
Barclays Wealth Manager Leaves Company For Bitcoin Suisse
Dirk Klee – former wealth manager at Barclays Wealth – has left the company to assume leadership at Bitcoin Suisse. His new position takes effect on April 1st, 2022, succeeding Dr Arthur Vayloyan, a board member. Financial Services and Crypto Bitcoin Suisse revealed the new appointment in a statement on Friday. Klee was CEO of Wealth Management and Investments for three and a half years and had two decades of experience in similar roles. These include positions as COO of…
3 years ago