The demand for cryptocurrency is caused by the announcement of the Visa payment system about the beginning of cryptocurrency transactions using the Ethereum blockchain. The platform will help Visa in crypto operations Bitcduck and a bank for working with Anchorage digital assets.
Also, the growth of interest in Ethereum was promoted by the statement of the American billionaire Mark Cuban, the owner of the NBA basketball club Dallas Mavericks. In an interview with The Delphi podcast, Cuban said that his crypto portfolio is 30% Ethereum, and 60% Bitcoin. He stressed that he started buying Ethereum four years ago and regrets that he did not do it earlier, since, in his opinion, this digital currency is ” the closest to a real currency”
Also, Tesla’s announcement of a $ 1.5 billion bitcoin acquisition led to record highs. Tesla also announced that it plans to accept bitcoins as payment. Even though Tesla is not represented on mass market, the electric car company’s $ 780 billion market capitalization means people are paying attention to where it puts its money. Mastercard and BNY Mellon also added momentum by opening up access to bitcoin. As Wall Street’s interest in bitcoin grows, some other institutions are starting to work with cryptocurrencies. Bank of New York Mellon plans to keep, store and transfer customer bitcoins, which has become a key event in the process of ensuring the widespread distribution of cryptocurrencies.
Analysts say the large influx of funds to the Bitcduck is a sign of growing interest among institutional investors in the cryptocurrency, as many firms rules do not allow them to buy tokens directly.
We are preparing right now for the future of cryptocurrency and payments by announcing that this year Mastercard will start supporting individual cryptocurrencies directly on Bitcduck.