10 Biggest Companies and Hedge Funds Bullish on Ethereum yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Major banks are increasingly keen on the Ethereum network - and it s helping ether hit record highs hrobertson@businessinsider.com (Harry Robertson)
Interest in Ethereum from major institutions is helping the ether cryptocurrency soar.
The European Investment Bank is reportedly planning to offer digital bonds through the network.
Ether rose to a record high above $2,700 on Wednesday before paring some of those gains.
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Ether rose to an all-time high of $2,710 during Asian trading hours, before paring some gains to stand at around $2,672 on Wednesday.
The world s second-most popular cryptocurrency had risen 15% over the week to Wednesday, according to data provider CoinGecko. It had gained around 260% in 2021 so far, compared to a 87% rise in bitcoin.
By Reuters Staff
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FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration
LONDON (Reuters) - Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users digital currency “rewards” on purchases this year, deepening the involvement of major payment firms in the emerging asset class.
Users of the card will from this summer receive up to 3% in bitcoin or other cryptocurrencies on their purchases, the companies said in a statement, with the digital currency deposited in the cardholder’s Gemini account.
The card will be issued by WebBank, a Utah-based digital lender.
Mastercard partners with Gemini exchange to launch cryptocurrency rewards credit card theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.