Type to search

Exchange News world economy world news

How are large companies developing the crypto market in 2021?

Share
developing the crypto market

How are large companies developing the crypto market in 2021? From Tesla to Mastercard.

The main events of the last 1.5 months that have taken the digital money industry to a new level

developing the crypto market

Tesla 

Tesla invested $ 1.5 billion in Bitcoin in January (read here). The company sent a letter to the US Securities and Exchange Commission (SEC), in which it announced that it intends to start accepting cryptocurrency as payment soon.

CME Group

Ethereum futures appeared on the CME Chicago Mercantile Exchange on February 8. One contract is equivalent to 50 ETH. Companies providing liquidity for futures include BlockFi, Galaxy, Genesis, CoinShares, and the New York Digital Investment Group.

Visa

Payment giant Visa announced the release of its own system (API) for buying cryptocurrencies, which will be integrated by banks. The product launch is scheduled for the end of this year. The first user of the service will be digital bank First Boulevard.

Mastercard

Mastercard will start working with several cryptocurrencies as part of its international payment system in 2021 (read here). First of all, speech with stablecoins. The company believes that digital assets should provide stability.

Morgan Stanley

Counterpoint Global, part of the financial conglomerate Morgan Stanley, is preparing to invest in cryptocurrency. To do this, the investment division with assets under management of $ 150 billion is awaiting approval from management and regulators.

Bank of New York Mellon

The oldest bank in the United States and the world’s largest depository bank, Bank of New York Mellon, will store and conduct cryptocurrency transactions for the benefit of its clients. The company is developing a platform that will allow transactions with digital money in the same way as it happens with traditional assets.

Twitter

Twitter CEO Jack Dorsey and rapper Jay-Z will transfer 500 bitcoins ($ 23.6 million) to a special fund that will expand the use of the first cryptocurrency. Now investors are looking for developers. The task is to turn bitcoin into an Internet currency.

Read actual crypto news and forecasts every day on https://news.bitxmi.com/

Join Bitxmi Exchange

Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.

Leave a Comment

Your email address will not be published. Required fields are marked *

WP2Social Auto Publish Powered By : XYZScripts.com
bitcoin
Bitcoin (BTC) $ 54,253.00 7.23%
ethereum
Ethereum (ETH) $ 1,842.18 5.88%
binance-coin
Binance Coin (BNB) $ 245.22 3.36%
tether
Tether (USDT) $ 1.01 0.55%
cardano
Cardano (ADA) $ 1.14 0.80%
polkadot
Polkadot (DOT) $ 36.39 4.19%
xrp
XRP (XRP) $ 0.482721 3.33%
uniswap
Uniswap (UNI) $ 33.90 0.66%
litecoin
Litecoin (LTC) $ 201.16 6.06%
chainlink
Chainlink (LINK) $ 31.28 7.14%
bitcoin-cash
Bitcoin Cash (BCH) $ 545.54 5.13%
stellar
Stellar (XLM) $ 0.424630 2.62%
usd-coin
USD Coin (USDC) $ 0.999756 0.05%
dogecoin
Dogecoin (DOGE) $ 0.059515 2.66%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 54,055.00 6.10%
nem
NEM (XEM) $ 0.708711 1.34%
aave
Aave (AAVE) $ 434.96 5.68%
theta-token
Theta Network (THETA) $ 5.09 15.10%
cosmos
Cosmos (ATOM) $ 19.85 1.56%
okb
OKB (OKB) $ 16.88 1.61%
terra-luna
Terra (LUNA) $ 10.83 27.77%
vechain
VeChain (VET) $ 0.064395 10.65%
monero
Monero (XMR) $ 223.51 7.19%
crypto-com-chain
Crypto.com Coin (CRO) $ 0.164244 4.16%
eos
EOS (EOS) $ 4.03 4.32%
tron
TRON (TRX) $ 0.053536 3.95%
solana
Solana (SOL) $ 14.04 3.65%
iota
IOTA (MIOTA) $ 1.32 0.46%
bitcoin-sv
Bitcoin SV (BSV) $ 188.69 2.09%
tezos
Tezos (XTZ) $ 4.46 5.58%
havven
Synthetix Network Token (SNX) $ 22.13 2.47%
avalanche-2
Avalanche (AVAX) $ 25.17 5.17%
ftx-token
FTX Token (FTT) $ 34.03 10.09%
binance-usd
Binance USD (BUSD) $ 0.999973 0.11%
neo
NEO (NEO) $ 42.19 7.46%
huobi-token
Huobi Token (HT) $ 15.81 3.86%
dai
Dai (DAI) $ 1.00 0.23%
cdai
cDAI (CDAI) $ 0.021189 0.24%
elrond-erd-2
Elrond (EGLD) $ 147.82 1.59%
compound-ether
cETH (CETH) $ 36.72 5.42%
filecoin
Filecoin (FIL) $ 42.00 1.39%
the-graph
The Graph (GRT) $ 1.97 5.83%
dash
Dash (DASH) $ 232.45 7.57%
sushi
Sushi (SUSHI) $ 17.86 2.76%
kusama
Kusama (KSM) $ 251.42 7.40%
compound-governance-token
Compound (COMP) $ 483.87 0.14%
celsius-degree-token
Celsius Network (CEL) $ 5.48 6.98%
decred
Decred (DCR) $ 158.02 4.95%
maker
Maker (MKR) $ 2,200.52 0.90%
compound-usd-coin
cUSDC (CUSDC) $ 0.021687 0.27%