Author: Editorial Office CVJ.CH

The CVJ editorial staff consists of a team of Blockchain experts and informs daily and independently about the most exciting news.

Since their launch in mid-January, the impressive inflows into the newly approved U.S. bitcoin ETFs have dominated financial headlines. More than $12 billion flowed into the products in one quarter, setting an overwhelming record. Now the tide is starting to turn. On January 11, 2024, nearly a dozen fund providers got the green light to launch the first spot-based bitcoin ETFs in the United States. Issuers include financial giants such as BlackRock, Fidelity and many others. Since the launch, hundreds of millions of dollars have flowed into the products each week, driving the price of bitcoin significantly higher. The recent…

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Some of the world’s biggest companies use Stripe’s software. Now, the Irish-American FinTech’s offers an option for cryptocurrency payments. Initially, Stripe supports the USDC stablecoin on Ethereum, Solana and Polygon, with more to follow. Stripe has been experimenting with crypto payments since 2014. However, the then young startup concluded a few years later that Bitcoin was not ready for mass adoption. The fintech criticized the cryptocurrency’s high fees, long wait times, and unstable value. Meanwhile, blockchain technology has evolved. So-called stablecoins, cryptocurrencies pegged to fiat currencies like the U.S. dollar, enable stable payments on new blockchains at record speeds. Stripe…

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