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Markets bounce back, with wannabes storming out in front as Cardano hits all-time high

Markets bounce back, with wannabes storming out in front as Cardano hits all-time high Crypto at a glance Cryptocurrencies rallied again yesterday, with Bitcoin (BTC) up about four per cent over the last 24 hours. It’s currently changing hands at around the $57,000 level. Ether (ETH) also recovered after Tuesday’s sell-off, setting yet another new all-time high of $3,541.46. It’s also up four per cent and, at time of writing, is trading at $3,450. Can they both keep the momentum going into the weekend? The price bounce comes as US stocks gained on strong economic data, while US Treasury Secretary Janet Yellen also rowed back on her warning about raising interest rates.

NYDIG Partners with FIS to Bring Bitcoin to 300M US Bank Accounts

NYDIG Partners with FIS to Bring Bitcoin to 300M US Bank Accounts May 5 2021 · 18:09 UTC by Steve Muchoki · 3 min read Photo: Depositphotos You have successfully joined our subscriber list. Robby Gutmann, CEO of NYDIG, said that banks have shown great interest to incorporate Bitcoin as an asset. In one of the latest and largest institutional moves towards the cryptocurrency market, NYDIG has announced a strategic partnership with Fidelity National Information Services (FIS) Inc (NYSE: FIS) to bring Bitcoin (BTC) to over 300 million United States banks in the coming months. “What we’re doing is making it simple for everyday Americans and corporations to be able to buy bitcoin through their existing bank relationships,” said Patrick Sells, head of bank solutions at NYDIG. “If I’m using my mobile application to do all of my banking, now I buy, sell and hold bitcoin.”

NYDIG claims hundreds of US banks will embrace crypto this year

NYDIG and FIS will use the FIS Digital One Mobile solution to let banks offer BTC services. Per Robert Guttman, this solution will bridge the gap between crypto and traditional finance. This partnership also saw FIS invest an undisclosed amount of money in NYDIG. Crypto custody firm NYDIG has joined hands with Fidelity National Information Services (FIS), a leading FinTech company to help US banks integrate crypto in their operations. The two firms seek to develop a solution that will let banks offer their clients the ability to purchase, hold, and sell Bitcoin (BTC) through their bank accounts. Allegedly, hundreds of banks have already enrolled for this program, which is set to go live in the next few months.

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies, Inc (NYSE: BMTX), to Speak at LendIt Fintech USA 2021

Luvleen Sidhu, Chair, CEO and Founder of BM Technologies, Inc. (NYSE: BMTX), to Speak at LendIt Fintech USA 2021 Sidhu to Participate in Panel Around Digital Banking and Infrastructure April 26, 2021 10:28 ET | Source: BM Technologies BM Technologies New York, New York, UNITED STATES Radnor, PA, April 26, 2021 (GLOBE NEWSWIRE) BM Technologies, Inc. (NYSE American: BMTX, BMTX.W), one of the largest digital banking platforms in the country, announced that Luvleen Sidhu, Chair, CEO and Founder, will be speaking at LendIt Fintech USA 2021. She will be participating in a panel discussion during “The New Era in Digital Banking” track. The panel,  “Addressing Infrastructure’s Legacy Challenge,” will take place on April 27, 2021 at 3:35pm EDT.

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