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#Write2earn #Stripe Embraces Crypto: Reintroducing Payments with a Focus on #USDC✅ #CryptoPayments #CryptoStripe $USDC $ETH $SOL Stripe, the payment processing giant, has made a significant move by reintroducing cryptocurrency payments into its platform. This time, the focus is on USDC, allowing businesses to accept payments on Solana, Ethereum, and Polygon starting this summer. Despite discontinuing Bitcoin payments in 2018 due to high costs and volatility, Stripe has maintained its interest in the crypto space. In 2022, it extended support to NFT purchases and Web3 companies. John Collison, co-founder of Stripe, expressed the company's re-engagement with crypto, stating, "Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat." The decision to support stablecoin payments reflects Stripe's recognition of the potential of digital currencies while offering a less volatile alternative to traditional cryptocurrencies. USDC, a stablecoin pegged to the value of the U.S. dollar issued by Circle Internet Financial, serves as the primary focus for Stripe's cryptocurrency payments. With a market capitalization of US$33.45 billion, USDC stands as the second-largest stablecoin globally, following Tether's USDT, which boasts a market capitalization of US$110.9 billion, according to CoinGecko data.

#Write2earn #Stripe Embraces Crypto: Reintroducing Payments with a Focus on #USDC✅ #CryptoPayments #CryptoStripe $USDC $ETH $SOL

Stripe, the payment processing giant, has made a significant move by reintroducing cryptocurrency payments into its platform. This time, the focus is on USDC, allowing businesses to accept payments on Solana, Ethereum, and Polygon starting this summer.

Despite discontinuing Bitcoin payments in 2018 due to high costs and volatility, Stripe has maintained its interest in the crypto space. In 2022, it extended support to NFT purchases and Web3 companies.

John Collison, co-founder of Stripe, expressed the company's re-engagement with crypto, stating, "Crypto is back. @Stripe will start supporting global stablecoin payments this summer. Transactions instantly settle on-chain and automatically convert to fiat."

The decision to support stablecoin payments reflects Stripe's recognition of the potential of digital currencies while offering a less volatile alternative to traditional cryptocurrencies.

USDC, a stablecoin pegged to the value of the U.S. dollar issued by Circle Internet Financial, serves as the primary focus for Stripe's cryptocurrency payments. With a market capitalization of US$33.45 billion, USDC stands as the second-largest stablecoin globally, following Tether's USDT, which boasts a market capitalization of US$110.9 billion, according to CoinGecko data.

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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#Write2earn #Polkadot ( #DOT ) Price Analysis: Rebounding from Support Levels Amid Market Volatility #altcoins #Dot........ $DOT Polkadot ( DOT ) has faced a prolonged downturn but has shown resilience with consistent support near $6.40, indicating a possible bottoming out. A recent uptrend pushed DOT's price above both the 20-day and 200-day Simple Moving Averages (SMA). Since its peak in mid-March, DOT has experienced a significant decline but found strong support at $6.40. Rebounding from this level, DOT surpassed the 200-day SMA by April 22nd, reaching $7.47. Despite facing resistance, DOT rebounded again on Wednesday and Thursday, exceeding both SMAs and settling at $7.29. Currently, DOT hovers around $7.17, slightly above the 200-day SMA. Analyzing patterns, a double bottom formation suggests a potential price floor, with a current range between $7.10 and $7.20. Maintaining position above the 200-day SMA could drive DOT towards $8, supported by bullish MACD signals and a neutral RSI. The recent decline triggered liquidation of long positions, indicating a possible bottoming out and paving the way for DOT's value resurgence.
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#Write2earn #Bitcoin #Forecast : Price Range Projection and Market Sentiment Analysis #Bitcoin❗️ #BTCrecovering $BTC Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said. Cryptocurrencies bounced on Friday led by bitcoin's (BTC) gain, sparking hopes that the worst of the drawdown might be over. BTC surged almost 5% to briefly above $62,000 during U.S. morning hours following a cooler-than-expected U.S. April jobs report that eased concerns about higher interest rates. At press time bitcoin was changing hands at $63,200, up 6.4% Ether (ETH) reclaimed the $3,100 level and was up 4% during the same period, while altcoin majors dogecoin (DOGE), shiba inu (SHIB) and Near Protocol's NEAR jumped 5%-10%. The rally happened as the U.S. economy added 175,000 jobs in April, less than the analyst consensus of 245,000 and the previous month's 315,000, according to the government's Nonfarm Payrolls report. It also showed the unemployment rate inching higher to 3.9% from 3.8% in March. Following the report, market participants saw a 68% odds for at least one rate cut by September, up from 57% a week ago, CME FedWatch data indicated. Bitcoin's correction since mid-March coincided with mounting concerns of the Federal Reserve policymakers adopting a more hawkish stance in face of sticky inflation in recent months, with some traders even dismissing chances of any rate cut this year. That's helped the U.S. dollar index to its highest level since November, often a bearish signal for risk assets like crypto. In addition to the soft jobs data, Coinbase analysts David Han and David Duong took note of this week's FOMC meeting at which policymakers indicated no interest in cutting rates, but did taper the pace of the central bank's balance sheet runoff – often referred to as quantitative tightening (QT) campaign – as a dovish sign.
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