#OnChainLendingSurge

. The predictions for legacy payment technologies Mastercard and Visa have been much better. In the U.S., card transaction fees have long been a source of tension between merchants and payment processors. Visa and Mastercard, the two largest card networks in the world, have come under fire from regulators for their dominance.

We failed to anticipate the Trump effect and the magnitude of the boost his election victory would give to the crypto universe. Bitcoin prices have risen 40 percent since November 5 and briefly surpassed $100,000 in December amid excitement about an expected era of more relaxed regulation for the industry. Coinbase shares have jumped 36 percent since the election, extending their year-to-date gains to nearly 70 percent. Robinhood Markets, which also offers cryptocurrency trading, is up 216 percent this year, and software provider-turned-bitcoin investor MicroStrategy has jumped nearly 400 percent.