But that also came with skepticism that the runoff was excessive, and analysts said recent gains could be ephemeral if the rally stalls and traders end up putting their money elsewhere, according to Bloomberg. The market has seen bitcoin soaring as of late, hitting highs in early January. The largest cryptocurrency saw its price fall around 8.4 percent Wednesday (Jan. ![]() Meanwhile, investors are worried that the bitcoin mania is starting to recede as a market bubble discourages investors, Bloomberg reported. The idea, according to Bitpanda Co-Founder and CEO Eric Demuth, is for users to be able to spend their investments anytime they want. The card will also let customers switch to fiat currencies or precious metals, the report stated.īitpanda said the card will be able to be linked to any asset in a user's portfolio and can be selected on the platform, per the report. In other news, digital investment platform Bitpanda has rolled out a Visa debit card to let customers switch between multiple assets, including cryptocurrencies, to fund payments, according to CoinDesk. It will let BitPay Wallet users send or receive ethereum tokens DAI and WBTC, the release stated. WalletConnect is an open-source protocol for connecting decentralized applications through scanning QR codes. ![]() WalletConnect will be integrated into the BitPay Wallet app. BitPay, which is the world’s largest bitcoin and cryptocurrency payment provider, has debuted WalletConnect, which will allow access to the decentralized finance (DeFi) space, according to a press release.
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