Author: Michael Johnson
dtcpay has announced that it will be shifting its payment services to stablecoins only effective 2025 The Singapore-based platform will phase out Bitcoin and Ethereum by the end of the year Singapore-based payment institution dtcpay will no longer be supporting Bitcoin and Ethereum as payment modes. The licensed payment platform said the move will be effective in 2025, according to a report from Fintech News. It only intends to support stablecoins and fiat currency payment modes. The move focuses more on the stability of stablecoins and fiat currency rather than the volatile nature of crypto. Business operators and consumers are…
The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing number of investors are rushing into Rexas Finance instead. At just $0.125, many analysts believe this undervalued crypto could lead the next bull market run. CryptoQuant Projects $146,000 for Bitcoin Cycle Peak According to crypto-analytic outfit, CryptoQuant, Bitcoin’s price cycle could peak at around $146,000.…