Coinbase partners with Apple Pay for fiat-to-crypto purchases

  • Coinbase has added Apple Pay for fiat-to-crypto purchases via its Coinbase Onramp.
  • The integration brings a tool for building onramps into users’ existing products.

Coinbase has announced the integration of Apple Pay for its fiat-to-crypto on-ramping.

The Apple Pay partnership will see users benefit from easy fiat-to-crypto purchases via the crypto exchange’s Coinbase Onramp, a tool that allows users to build onramps into their existing products.

Get on-chain easily with Coinbase Onramp

With onboarding to crypto largely complex for many platforms and users, made even more unwelcoming with the back and forth of KYC, Coinbase says its tool removes all these.

“Coinbase Onramp takes the hassle out of fiat-to-crypto conversions with lightweight KYC for eligible purchases, free USDC on and off-ramping, and access to the most popular payment methods. With Apple Pay, getting onchain only takes seconds,” the exchange wrote in a blog post.

Adding Apple Pay as a payment method means users will enjoy faster onboarding. The end-to-end experience will only take seconds for users to convert their fiat to crypto. Coinbase Onramp also means businesses can access more than 60 million Apple Pay users in the US.

The integration also means free on and off-ramping with USDC.

In April this year, Coinbase announced support for Apple Pay for its users in the UK, adding the capacity to buy Bitcoin, Ethereum and other digital assets with the payment option.

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5 top altcoins to watch and buy before Christmas 2024

As the bull market picks up speed, the crypto market is humming with activity as 2024 draws to an end, and investors are preparing for what might be a turning point. This is a critical period to find companies with strong foundations and creative ideas for individuals trying to diversify their portfolios and profit from interesting altcoins. Among these, Rexas Finance (RXS) and four other outstanding ventures are gaining growing interest from investors and analysts alike. Every one of these tokens has special qualities that could help them to expand steadily as we enter the next year.

Rexas Finance (RXS): Transforming Real-World Asset Tokenization

Leading real-world asset (RWA) tokenizing innovator Rexas Finance is creating waves. Rexas Finance uses blockchain technology to enable the fractional ownership of usually illiquid assets such as real estate, commodities, and collectibles. This creative strategy democratizes access to valuable markets, therefore increasing their availability to regular investors. Rexas Finance is in Stage 8 of its presale right now; tokens run $0.10. With almost 251 million tokens sold out of the 290 million allowed for this stage, the presale already raised an amazing $16.9 million. Rexas Finance has chosen a community-driven presale model rather than many blockchain initiatives depending on venture capital funding. This choice guarantees a more fair token distribution and so helps to match the interests of the project with those of its early sponsors.

Recent CoinMarketCap (CMC) and CoinGecko listings for the project have raised its profile and helped investors monitor its development and market performance. Furthermore improving investor confidence is a thorough CertiK assessment, which emphasizes the security and openness of the platform.

Novel Ecosystem Tools

Rexas Finance is an ecosystem not only a token. Important elements comprise:

  • Rexas Quick Mint Bot allows non-technical users to access the tokenizing process by streamlining it on Telegram and Discord.
  • Rexas Estate is a committed platform for tokenized real estate assets offering unheard-of property market liquidity.
  • Rexas AI Generator allows intelligent customizing tools to create automatic asset tokens.
  • Rexas Finance is a must-watch altcoin for 2024 with a defined path map and a complete toolkit.

Solana (SOL): Core Speed and Scalability

Among developers for distributed apps (dApps), DeFi, and NFTs Solana is still one of the most scalable and efficient blockchains, so it is a preferred one. Its low costs and fast transaction speeds provide a clear advantage over rivals; recent changes in its ecosystem have helped to support its dominance.

Why Solana?

The emphasis of the blockchain on user experience and ecosystem development has drawn big companies and initiatives. Solana stays a major contender for exponential expansion as we enter 2025 with more acceptance and alliances.

Chainlink (LINK)—The Essential Blockchain Oracle

A pillar of the blockchain universe, Chainlink offers distributed oracles bridging smart contracts with actual facts. Chainlink’s products have become absolutely essential as DeFi, gaming, and enterprise blockchain applications expand.

What Distinguishes Chainlink?

From price feeds for DeFi systems to weather prediction for insurance, Chainlink’s oracles find use in many fields. Future developments including Chainlink Staking 2.0 are meant to confirm its market leadership even more.

Immutable X (IMX)—the Blockchain Gaming Leader

Providing a Layer 2 solution with low gas fees and rapid transaction processing, Immutable X is transforming the NFT and gaming environments. Its relationships with big gaming companies have helped it to become a hotspot for digital collectibles and blockchain-based games.

Why Purchase Immutable X Today?

Immutable X is ideally positioned to gain from the growing embrace of blockchain by the gaming sector. Its focus on scalability and user-friendly solutions makes it an interesting investment; its ecosystem is fast-growing.

Stacks (STX) — Bringing Bitcoin Smart Contracts

Stacks enable smart contracts, DeFi, and NFTs using Bitcoin’s security and immutability. Building on Bitcoin’s blockchain, Stacks presents a novel way of combining the dependability of Bitcoin with Ethereum-like capability.

Unique Value Proposition of Stacks

Stacks is positioned to gain from the rising interest in Bitcoin-layered solutions as the story of Bitcoin develops transcends mere currency. Its ecology is growing steadily as more developers investigate its possibilities.

Why These Altcoins Could Represent a Buying Opportunity Right Before Christmas

Now could be the moment to set yourself up for possible exponential returns as the bull market picks up traction. Supported by a great presale performance and complete ecosystem tools, Rexas Finance (RXS) distinguishes itself for its creative approach to real-world asset tokenization.

One of the most intriguing initiatives to follow is CMC and CoinGecko listings together with a CertiK audit. Solana, Chainlink, Immutable X, and Stacks each add special value from scalability and necessary infrastructure to gaming and Bitcoin integration.

These cryptocurrencies have chances for both long-term development and quick profits, thereby reflecting the variety and possibilities of the cryptocurrency market. Use these interesting initiatives as the Christmas season gets ready to create a portfolio poised to profit from the next surge in crypto market expansion. These altcoins could be your pass to a rich 2025 regardless of your level of experience with investing or newness in this field.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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MOODENG skyrockets 66% as Coinbase announces listing

  • MOODENG price spiked 66% after Coinbase announced listing of the meme coin.
  • Coinbase is a leading US-based crypto exchange.
  • Gains for Moo Deng come as most tokens eye new momentum.

Moo Deng, a meme coin on Solana that went viral amid the global attention on baby hippo in Thailand, has seen its price skyrocket amid a major announcement from Coinbase.

On Monday, Dec. 2, cypto exchange Coinbase announced that it had added Moo Deng (MOODENG) on on its listing roadmap. The price of MOODENG jumped a massive 66% as the community reacted to the listing news.

At the time of writing, Moo Deng price hovered around $0.5993, going vertical from around $0.29. Coinbase’s listing news contributed to this upside, with the meme coin hitting winning ways to lead the top 100 coins by market cap.

MOODENG price chart on CoinMarketCap

The gains see MOODENG recapture levels seen around Nov. 18, stemming the downside that followed the spike to the all-time high of $0.6804. Current prices for the meme coin mean its just 12% from the peak hit on November 15, 2024.

In the past month, meme coins slowed as Bitcoin rose towards the $100k level. The surge for XRP in the past week also relegated top meme coins to spectators of the major rally. However, analysts are upbeat about the overall market, with meme coins in the mix for a potential supercycle.

Binance listed MOODENG futures in October, with the token also spiking as the market reacted positively.

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BitGo launches a global version of its digital assets solutions for retail investors

  • BitGo launches a global platform offering trading, staking, and wallet solutions.
  • Retail users will get cold storage, self-custody, and seamless wallet fund transfers.
  • US sign-ups will enter a prize draw to win one Bitcoin.

BitGo, a prominent cryptocurrency custodian, has unveiled a global version of its digital assets solutions tailored to retail investors.

After over a decade of providing institutional-grade services, BitGo is now expanding its offerings to everyday crypto enthusiasts, bringing the same high-security measures that have made it a trusted partner for major companies and exchanges.

BitGo’s retail platform

The new platform, launched on December 2, provides users with a comprehensive suite of services including trading, staking, and wallet solutions. In addition, the BitGo retail platform incorporates regulated custody, which allows for both cold storage and self-storage options.

This dual approach enables users to have flexibility in how they manage their digital assets, whether through fully custodial wallets or by maintaining self-custody.

The platform’s flexibility extends to the ability to seamlessly move funds between custodial and non-custodial wallets within the same user interface. This integration gives retail investors the ability to easily manage and transfer their assets while maintaining a high level of security.

In a bid to attract new users, BitGo is also offering a special promotion. US customers who sign up for the service will automatically be entered into a prize draw to win one Bitcoin.

BitGo CEO Mike Belshe emphasized that the new offering is designed to provide the same institutional-grade security that has made BitGo a leader in the digital asset space.

BitGo’s entry into the retail space aligns with its broader diversification strategy. In recent months, the company announced plans to launch a US dollar-pegged stablecoin and a regulated platform for managing Web3 native tokens.

With a current valuation of $1.75 billion, BitGo serves over 1,500 clients in more than 50 countries, including high-profile names like Nike and over 150 crypto exchanges.

By entering the retail market, BitGo aims to bridge the gap in reliable custody solutions for individual crypto investors, cementing its position as a leader in the digital assets industry.

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Ethereum ETF Inflows Spike on Renewed Interest

  • Spot Ethereum ETFs saw $333 million in inflows on Friday, November 29th, which shows institutional interest in the second-largest cryptocurrency.
  • Experts attribute this renewed interest to expectations for clearer crypto regulations in the US and a positive outlook on DeFi.

The top 10 spot Ethereum ETFs in the US recorded $333 million in inflows on Friday, following a positive week of inflows totalling $466.5 million, outpacing Bitcoin which recorded $318.60 million on Friday and a weekly net outflow of $136.5 million.

Since Ethereum spot ETFs were approved by the SEC in July 2024, the crypto’s price has lagged behind Bitcoin’s and the wider crypto market despite the industry’s clamour for approval. Ethereum’s price fell roughly 32% in the first 15 days after approval compared to Bitcoin’s which fell only 15.02% within the same period after the Bitcoin ETF approval in January 2024.

Renewed interest in Ethereum

Despite Ethereum’s paltry performance, recent data shows rising interest as institutions and traders turn their eyes to crypto.

The Future Finance Report from Sygnum Digital Bank, which measures market sentiments and the behaviours of professional and institutional investors, showed that 90% of the 405 traditional investors surveyed were currently invested in blockchain protocol coins (which are largely Layer 1 coins).

The report also showed that 31% of the respondents who already hold crypto planned on increasing their allocation in Q4-2024 while 32% planned to increase their portfolio in the next six months.

Of the respondents who did not currently hold cryptocurrency in their portfolios, 43% planned to increase allocation within the next year. Overall, 79% of all respondents planned to increase allocations within the next 6 months.

Ethereum’s open interest grows

CME OI historicals for Ethereum show that open interest has been on the rise since Nov. 4th and is at $3.01 billion as of publishing, signalling more institutional interest in Ethereum.

Ethereum has been on an uptrend since reaching a yearly low of around $2,100 in August and is now closer to its yearly high at $4,100.

Ethereum trades at $3,600 as of writing, close to its yearly high.

 

 

 

 

 

 

 

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