The Visa will allow 70 million traders payments in Bitcoin

Bitcoin (BTC) once again takes on the $ 60,000 mark, after Visa and the Federal Reserve’s announcements have been made, the crypto market is extremely positive.

Yesterday evening Bitcoin climbed within a few hours of 54.580 dollars to a day high of 59.826 US Dollar. Is time of writing, the Bitcoin price at the time of 58.791 US Dollar.

Was driven of course by a number of positive News. In particular, the Economic forecast the Federal Reserve (FED) had led to the optimism has returned to the crypto markets. The US Central Bank announced that it wants to continue its loose monetary policy. Both the low-interest-rate policy as well as the aggressive bond purchases will be continued. In addition, the Central Bank signaled that it is estimated with high probability only in the year 2023, with an increase in the interest rates, but were not the only messages that have boosted Bitcoin.

The Asian MicroStrategy? Meitu buy Bitcoin and Ethereum

The Chinese Tech company Meitu follows the example of MicroStrategy, and has a further US $ 50 million in Ethereum (ETH), and Bitcoin invested. A total of Meitu now holds crypto-currencies in the amount of 90 million US dollars.

The in Hong Kong and China listed companies bought at 17. March 386,08 BTC for 21.6 million US dollars and 16,000 ETH 28.4 million US dollars. Recently Meitu had already invested $ 40 million in crypto-currencies.

In the recent Press release pointed out to the company to the fact that Ethereum and Bitcoin are still in an early development phase, we believe that the crypto-Space have the potential to be a disruptive force in the financial technology world.

The management Board is of the view that the Blockchain industry is still in an early stage, similar to how the Internet industry to the year 2005. Against this Background, the management Board believes that crypto-currencies have plenty of mounts of room for value-adding.

Meitu is the first Chinese company which has bought large sums of Bitcoin. In addition, Meitu is the first company in the world, the more Ethereum than Bitcoin.

Visa CEO: “Bitcoin is digital Gold”

Visa to follow in the footsteps of PayPal and wants to enable its customers and dealers, access to crypto-currencies. The company’s CEO, Alfred Kelly, said on Tuesday in the Podcast Leadership Next, a Fortunehe believe that crypto currencies are in the near future to the Mainstream:

We want to enable the purchase and sale of Bitcoin with Visa. In addition, we also work with companies, BTC can be converted into a Fiat currency. As a result, we want to allow each of our 70 million merchants to accept Bitcoin as a means of payment.

In addition to Bitcoin, Visa plans to also allow the use of Stablecoin. Alfred Kelly believet that this could play a big role in the future of payments. In addition, it is clear from the, Fortune Podcast that Visa is currently working with over 35 partners, dealing with stablecoins.

The Visa-chief takes crypto-currencies on two different species come true: To a Bitcoin for it is the digital replacement of Gold, and on the other, are Fiat Stablecoins-based digital currencies, Kelly.

Grayscale offers institutional buying Altcoins

However, not only Bitcoin could be neat to grow, but also some of the Altcoins rose substantially. Grayscale Investments, the company, which focuses in particular on institutional clients, has to be announcedit lists several Altcoins. Among the Coins which will be included in the offer, Basic Attention Token (BAT) Chainlink (LINK), decentra country (MANA), Filecoin (FIL), and live peer (LPT).

The announcement triggered for all involved projects with a price rally. Live peer get the most in. The Cryptocurrency jumped by more than 260 percent to the top and to the editorial deadline for 20,80 US Dollar.