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Bitcoin Daily: Japan's SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High

PYMNTS

Bitcoin continued its price climb today (Nov. While that price apex was followed by a bubble burst and bitcoin fell to $3,122 in 2018, analysts and crypto fans predict this wave is different. million of the funds, 89 percent of the total, were paid with the stablecoin tether. The maximum loan is 5 Bitcoin, or $92,000.

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Bitcoin Daily: BitPay Unveils Crypto Mass Payout Service; BOE: Stablecoins Not Fit For Wide Use

PYMNTS

In other news, the price of bitcoin exceeded the $16,000 price level on Thursday for the first time in nearly three years, CNBC reported. Bitcoin last exceeded the $16,000 price point on Jan. The price of the cryptocurrency was $16,301.03 as of 7:17 p.m. Eastern time Thursday, according to CoinDesk. “The

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What Are Stablecoins?

CB Insights

But the value of most cryptocurrencies, especially bitcoin, fluctuates on a daily basis. While this can be exciting to witness, it also shows bitcoin’s massively unreliable nature — especially as a currency for goods and services. This is where stablecoins come into play. What are stablecoins? Why use stablecoins?

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Market Growth : BNPL saw a 400% increase in usage globally since 2018 and is expected to grow 17% annually through 2028. Stablecoins : Stablecoins like USDC and USDT are increasingly popular in e-commerce due to their reduced volatility, with stablecoin transactions growing 30% year-over-year.

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Bitcoin Daily: S. Korea To Use Blockchain To Collect Highway Tolls; Polish Financial Watchdog Warns Of Fake Crypto Scams

PYMNTS

In other news, the Binance stablecoin can now be accessed in New York since the state’s financial watchdog gave it the go-ahead, CoinDesk reported. BUSD is a white-label stablecoin from the Paxos Trust Company , which was allowed to issue the coins by the NYDFS in 2018.

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First Of 40 Burger King Venezuela Locations Now Accepts Bitcoin

PYMNTS

Burger King is letting people pay their way in Venezuela with a new bitcoin partnership that enables cryptocurrency purchases, CoinTelegraph reported on Saturday (Jan. The startup Cryptobuyer oversees a line of Bitcoin ATMs that convert cryptocurrency funds to pay out in fiat currency. . Petro launched in November 2018.

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Bitcoin: 10 Years Of Smoke And Mirrors

PYMNTS

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money.

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