Daily Crypto News

April 24 Daily report: VeChain Holds Its Ground Against The Bears to Reach $1, Ethereum Hold Record $25 Billion in Deposits, Crypto purchases to Google Pay and Apple Pay, Cardano and Stellar ETPs To Launch on Swiss Stock Exchange and Paxos Gets Federal Bank Charter From OCC

Gemini opens crypto purchases to Google Pay and Apple Pay

Gemini, a New York-based crypto exchange, has announced that Gemini users around the world can now crypto purchases via Apple Pay and Google Pay. A New York trust company regulated by the New York State Department of Financial Services (NYSDFS), Gemini currently ranks as the 16th largest cryptocurrency exchange in the world, with an average daily trading volume of $474 million.

VeChain Holds Its Ground Against The Bears to Reach $1

VeChain (VET) has been moving sideways in the daily chart while major cryptocurrencies bleed out in the lower and higher timeframes. In the weekly and monthly chart, VET has an impressive 11.4% and 140% respectively trending opposite to the general market sentiment. Anonymous trader VeChain Justin shared the chart below via Twitter to show VET is on a bullish trajectory.

Top Three Defi Lenders on Ethereum Hold Record $25 Billion in Deposits

The big three of Aave, Compound, and MakerDAO collectively had a record Q1. Lending deposits on the three biggest Ethereum Defi platforms hit a record high in the first quarter of 2021.  Roughly 53% of the loans came from Compound, compared to 30% from MakerDAO and 17% from Aave.

World’s First Cardano and Stellar ETPs To Launch on Swiss Stock Exchange

Switzerland-based 21Shares AG (formerly known as “Amun AG”), which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), has announced that it will soon be launching the world’s first $ADA and $XLM ETPs on the Swiss stock exchange (aka SIX Swiss Exchange).

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
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USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
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Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
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Adidas Reveals the Originals NFT Collection With Punks Comics, Gmoney, Bored Apes

On Thursday, the German multinational corporation Adidas announced the launch of the company’s first Adidas Originals NFT collection. The Adidas Originals NFT drop is in partnership with the Bored Ape ...
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Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million

Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” ...
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