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Visa to launch a new cryptocurrency consultancy service for merchants and banks

Hi there! This is a weekly digest brought to you by the Good Crypto team. We know how important it is to keep in the loop on the latest developments in the niche, so we have brought together the most interesting events of the past week. Below you will find the hottest news, latest exchange listings and even memes to cheer you up. If you want to get these updates as soon as we post them, follow us on Twitter or Telegram.

Weekly Market Summary

An unknown user spent $450,000 for virtual ‘Land’ in the Snoopverse next to Snoop Dogg’s NFT house in the Sandbox metaverse.

Snoopverse is an interactive world that Snoop Dogg is developing on an ETH-based platform – The Sandbox, for creating and monetizing online hangout spaces and gaming experiences.

Dogecoin entered the top five most-searched words in Google. Google Trends has published a list of the most searched themes in 2021 in Google.

In the hot news section, we can see “Dogecoin” which is ranking fourth. “Ethereum Price” request is placed a little below in the tenth position.

Quick weekly news:

Other notable events include:

  • Visa to launch a new cryptocurrency consultancy service for merchants and banks
  • Bank of Columbia partnered with Gemini to offer crypto for its clients

Visa to launch a new cryptocurrency consultancy service for merchants and banks

Visa has announced the launch of new consulting and advisory services to assist its clients in navigating the world of cryptocurrency.

The company announced that its crypto advisory practice, which is part of its consulting and analytics division, will provide guidance to financial institutions, retailers, and other businesses on topics ranging from implementing crypto features to exploring nonfungible tokens to developing wallets for central bank digital currencies.

According to Visa, part of banks’ interest in cryptocurrencies is in remaining competitive. Citing a recent Visa in-house research, “40 percent of crypto owners questioned believe they would be likely or very likely to switch their primary bank to one that offers crypto-related goods in the next 12 months.”

Bank of Columbia partnered with Gemini to offer crypto to its clients

Starting from December 14th, the Gemini cryptocurrency exchange will partner with the largest Colombian bank Bancolombia.

It will allow clients of the Colombian bank a seamless on- and off-ramp to trade bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) through the Gemini exchange, and buy them directly from their bank accounts.

In a press release, Gemini stated that they perceived the new project as “an important step toward the strategic expansion of Gemini’s presence in Latin America.” They hope that cryptocurrencies “can play an important role in the development of Latin America as interest in blockchain and innovative technologies proliferates throughout the region.”

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  • Spot trading: At the spot trading front, Bitcoin (BTC) and Ethereum (ETH) have become top dogs. Crypto.com Coin (CRO) and Polygon (MATIC) were pushed to third and fourth places.
  • Derivatives: Bitcoin (BTC) and Ethereum (ETH) have become the most traded currencies as to trading derivatives. Solana (SOL) is following these two head to head with XRP (XRP) and The Sandbox (SAND) taking fourth and fifth places.

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New Listings on KuCoin:

  • DEONEX COIN (KDON/USDT)
  • Victoria VR (VR/USDT)
  • Gold Fever (NGL/BTC NGL/USDT)

New pairs on Binance:

  • Smooth Love Potion (SLP/BIDR)
  • The Sandbox (SAND/AUD)
  • Neo (NEO/RUB)
  • Enjin Coin (ENJ/TRY)
  • Cocos-BCX (COCOS/BUSD)
  • Bella Protocol (BEL/TRY)

By the way, our PRO plan includes new Exchange Listing alerts for more than 30 exchanges in our app. Become a PRO and receive an instant notification when a new coin is listed on the exchanges you’re interested in.

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FarmerDoge was launched on August 20th, 2021 and describes itself as the first multi-dividend rewards token set out to feed the world.

The company aspires to move into the charity realm providing food to those in need. FarmerDoge intends to partner up with local farmers around the world to obtain grocery from them and then deliver it to the restaurants they’ve partnered with. Those restaurants will cook fresh meals for the hungry people.

DYOR

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Kusama was founded in 2019 by Gavin Wood, founder of Polkadot, co-founder, and former CTO of ETH, and describes itself as “Polkadot’s wild cousin.” It’s a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot.

The network is an experimental development environment designed to provide a testbed for developers looking to innovate and deploy on Kusama or prepare for deployment on Polkadot.

Recent announcements:

DYOR:
Website
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We have prepared top-performing coins as of December of 9th!

WAX has managed to become the best performing asset among TOP-100, gaining 27.93% within the last 24 hours.

BitTorrent was the worst-performing asset among TOP-100, losing 12.63% within the last 24 hours.

To get up-to-date reports on gainers and losers during the week, follow us on Twitter.

Top cryptomeme of the week

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We hope this digest was useful and informative for you! If you want to be the first one to receive new crypto insights and stay up-to-date with the market, follow us on Twitter or Telegram. Become a better trader with the Good Crypto App!

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December 9, 2021

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