20240628

📉 Why is BTC down?

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Down + Up = Rebound

The Mt.Gox trustee announced that compensation in Bitcoin, Bitcoin Cash, and cash will start in early July. This decision follows the completion of technical preparations and coordination with crypto exchanges. The news initially caused Bitcoin to drop below $62,000 , but it has since recovered and is now trading at $61,300.

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Gainers of the Week

Among the top 100, BOME, CFX, and BONK saw significant gains, while PENDLE experienced considerable losses.

BOOK OF MEME BOME

$0.010 ▴ 13.74%

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Conflux EVM CFX

$0.17 ▴ 14.32%

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Bonk BONK

$0.000023 ▴ 14.98%

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Behind the Headlines

BNB Chain is launching the Meme Heroes program, dedicating $900,000 to support liquidity pools for meme projects . This development takes place after an earlier $1 million commitment to boost meme coin innovation on BNB Smart Chain.

Notcoin developers burned $3 million in unclaimed tokens and will distribute $4.2 million to Gold and Platinum players . Now, 94.18% of NOT tokens are held by 11.5 million users, with 5.82% reserved for development.

In the first half of 2024, meme coins dominated the crypto industry, boasting 1,834% returns , according to BitEye, CoinGecko, and Wu Blockchain.

The long-awaited native token of Ethereum's layer 2 network, Blast (BLAST), has rocketed 40% after its launch , outshining recent airdrops. Its debut price of $0.02 per token gave BLAST a valuation of $2B, according to Ambient Finance and Aevo.

Changelly Bestsellers

Monero XMR

$167 ▾ -0.49%

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Toncoin TON

$7.69 ▴ 8.04%

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Solana SOL

$145 ▴ 9.96%

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Ethereum ETH

$3448 ▾ -1.54%

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Tether Tron Chain USDTRX

$1.00 ▾ -0.05%

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Meme of the Week

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20240626

FW: 💳 How to use crypto debit cards?

From: Changelly team <news@e.changelly.com>
Sent: Wednesday, June 26, 2024 5:46:20 AM (UTC-08:00) Pacific Time (US & Canada)
To: cvdeast@outlook.com <cvdeast@outlook.com>
Subject: 💳 How to use crypto debit cards?

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Cryptocurrency Debit Cards Uncovered

If you've lived a day in the modern world, chances are you've swiped, tapped, or inserted a credit or debit card. But what about crypto cards? These nifty tools let you make purchases, earn rewards, and handle transactions just like your usual cards, but with a twist—they store crypto assets. Now, let's see which crypto cards can be found on the market and if they're really worth the fuss.

5 best crypto cards

Crypto.com Visa Card

The Crypto.com Visa Card lets users convert and spend crypto on everyday purchases with rewards. Linked to Crypto.com's platform, it converts crypto to fiat for use anywhere Visa is accepted. Rewards increase with the amount of staked CRO tokens , offering perks like higher cashback, airport lounge access, and no foreign transaction fees.

No. of Crypto Supported: Wide range of cryptocurrencies

Fees: No annual fee; specific fees depend on card tier

Rewards: Up to 5%, varying by card tier

Bybit Card

The Bybit Crypto Card, powered by Mastercard, allows Bybit users to spend crypto globally by converting it to fiat. It offers an instant-use virtual card and a physical card later. Integrated with Bybit's platform, it simplifies managing digital and fiat currencies . Currently, it's available only in AUS and EEA.

No. of Crypto Supported: Various cryptocurrencies supported on Bybit

Fees: No annual or hidden fees; competitive ATM withdrawal fees

Rewards: Rewards vary; promotional cashback offers

Coinbase Card

The Coinbase Crypto Card, a Visa debit card, converts cryptocurrency to fiat for purchases and ATM withdrawals . Integrated with Coinbase accounts, it lets users spend any crypto they hold. Features include two-factor authentication, instant card freeze via the app, and detailed transaction summaries.

No. of Crypto Supported: All cryptocurrencies available on Coinbase

Fees: No spending or annual fees; other fees may apply

Rewards: Up to 4% back in crypto rewards

BitPay Card

The BitPay Debit Card allows crypto holders to convert digital assets to US dollars for spending anywhere Mastercard is accepted . It offers fast conversion without a bank, making it ideal for daily expenses and ATM withdrawals.

No. of Crypto Supported: Bitcoin, Ethereum, and other major cryptocurrencies

Fees: No issuance fee; standard transaction fees

Rewards: Cashback varies by offer