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Starbucks customers can pay with bitcoin using Bakkt app

Starbucks customers can pay with bitcoin using Bakkt app
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Starbucks drinkers can now pay for coffee with Bitcoin via Bakkt digital wallet app


Starbucks drinkers can now pay for coffee with Bitcoin via Bakkt digital wallet app
By Jeanette Settembre
What is Bitcoin?
The seemingly unstoppable rise of Bitcoin continued with the cost of a single unit of the digital currency rising above $50,000 for the first time.
Starbucks drinkers can now pay for their coffee in cryptocurrency via an app that converts Bitcoin into U.S. dollars.
The coffee giant has been testing cryptocurrency payment app Bakkt, which announced this week customers can now use Bitcoin payments via its platform to reload Starbucks cards through the coffee chain’s app.
The Bakkt App, a payment platform, lets consumers convert Bitcoin, rewards points, frequent flyer miles and gift cards into U.S. dollars, to then reload onto Starbucks Cards saved in the Starbucks app a bit of a tall order, but arguably a way to make Bitcoin payments more accessible.  ....

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10 Largest Venture Rounds In Crypto And Blockchain


10 Largest Venture Rounds In Crypto And Blockchain
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In March, three crypto startups raised some of the largest capital raises in the industry’s history. Here are the top ten.
getty
The cryptocurrency industry is steaming hot. The total market value of cryptocurrencies is approaching $2 trillion -  that’s bigger than the market caps of Amazon, Google and Microsoft. Bitcoin has been trading above $50,000 since March 8 and has a market value of $1.12 trillion, almost as much as all the silver in the world. FOMO-ed institutions keep pouring into the space. Tesla will start accepting payments for its electric vehicles in bitcoin, adding the cryptocurrency to its $2.5 billion bitcoin trove. One of the oldest banks in America, BNY Mellon, has launched a digital assets unit, Goldman Sachs has relaunched its crypto trading operations, JPMorgan has introduced a structured note offering tied to a basket of stocks with exposure to bi ....

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