Crypto News
Coinbase to Launch Bitcoin Rewards Card With Amex, While Eyeing U.S. Futures Expansion
Crypto exchange Coinbase is planning to launch a credit card that offers bitcoin BTC cashback, the company said on Thursday.The Coinbase One Card, issued in partnership with American Express, includes perks such as earning 4% in BTC after purchases, boosted rewards on USDC stablecoin holdings and higher staking rewards and transaction credits on Base, the Ethereum layer-2 network developed by the exchange, according to the card's website. The card's rollout is expected this fall.The move comes as more crypto platforms and exchanges are rolling out payment cards to enable users to spend their blockchain-based token stash on everyday purchases. For example, self-custodial wallet MetaMask introduced its debit card last year, while Mastercard unveiled plans in April to launch debit cards...
Ether ETFs Hit Historic 18th Consecutive Day of Gains With $240 Million Inflow
Bitcoin exchange-traded funds (ETFs) continued their recovery, posting a third consecutive day of inflows totaling $165 million, while ether ETFs broke records with their 18th straight day of gains, pulling in a remarkable $240.29 million. Crypto ETFs Shine As Bitcoin and Ether Funds Attract Over $400 Million The crypto ETF market kept its bullish rhythmSource link
‘FIFA Rivals’ Launches—Why Mythical Games Thinks It’ll Hit Bigger Than ‘NFL Rivals’
Mobile soccer game FIFA Rivals launched on Thursday, pairing the "beautiful game" with blockchain on iOS and Android.Source link
NYSE-Listed DDC Increases Bitcoin Treasury by 38 Coins, Yield Up 22%
DDC Enterprise Ltd. increased its bitcoin holdings by purchasing an additional 38 coins this week, the NYSE-listed Chinese company announced Thursday. DDC Enterprise: Bitcoin Holdings Reach 138 BTC After New Buy The acquisition raises DDC‘s total corporate bitcoin treasury to 138 BTC worth $14.85 million. The company stated the purchase was made at an “optimizedSource link
Shopify to Enable USDC Payments on Coinbase’s Base for Merchants Worldwide
E-commerce giant Shopify (SHOP) is bringing stablecoin payments to its merchants over Base, crypto exchange Coinbase (COIN)'s Ethereum layer-2 network, the companies said on Thursday.The integration is set to roll out on June 12 to a limited group of early access merchants, with broader availability expected later this year for all merchants using Shopify Payments, the companies said.Once the rollout is complete, merchants will be able to accept payments of Circle's (CRCL) USDC token on-chain while receiving local currency settlements without incurring foreign transaction fees. Shopify said it plans to give 1% cash back to customers who pay with USDC. This feature that will launch later in the year.Stablecoins, digital tokens whose value is tied to a real-world asset, are...