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Streamlining crypto commerce for merchants and their customers

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Coinbase

By Lauren Ottinger, Product Manager, Commerce

Coinbase Commerce is a platform that helps merchants anywhere in the world accept cryptocurrency payments in a fully decentralized way. As more and more merchants begin to accept crypto payments, from Sotheby’s to Advertising Week, we’ll continue to build the most secure and streamlined solutions for them.

With that, we’re always listening to our merchants in order to build better products to help meet their needs, and we’re excited to highlight the latest updates we’ve made to enable streamlined transactions and workflows for managing and accepting cryptocurrency.

Enhanced transaction reports
Coinbase Commerce recently introduced enhanced transaction reports that now include more detailed information to help streamline merchants’ accounting and business needs. Customizable reports — by date range and transaction type — help merchants analyze and optimize their business and workflows.

“The new customizable reporting that Coinbase Commerce rolled out will be integral to Dapper’s reconciliation needs as our transaction volume continues to increase,” said Rena Park, Business Analyst at Dapper Labs, a leading platform for blockchain-based games and experiences. “Coinbase Commerce has gone above and beyond to help with refining our reporting practices.”

Easy invoicing
Coinbase Commerce now offers the option to create invoices that can easily be sent to customers, who can then pay those invoices seamlessly with any cryptocurrencies that are enabled.

“The invoicing capabilities that Coinbase Commerce began offering at the end of last year has greatly streamlined our crypto payment process,” said Todd Garland, founder and CEO of buysellads, a company that builds advertising solutions for publishers and marketers. “We’re able to offer our customers the option to pay in crypto as seamlessly and easily as any other form of payment.”

Streamlined check-outs
Payments made to merchants in cryptocurrency are fast and secure, and we’re working to make them just as simple. We’ve streamlined the Coinbase Commerce check-out flow for more consistency and ease of use for both merchants and their customers. In doing so, Coinbase Commerce merchants have seen checkout conversions increase by 22% since it launched in the first quarter of this year.

We’re excited by the enhancements and new capabilities that we’ve enabled in the last few months, and we’re just getting started. Have feedback or comments for Coinbase Commerce? Let us know here.

Learn more by visiting our help center.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://blog.coinbase.com/streamlining-crypto-commerce-for-merchants-and-their-customers-1424553c6a79?source=rss—-c114225aeaf7—4

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Bitcoin can be purchased with MoneyGram using Coinme ATM operators

TL;DR Breakdown • MoneyGram will work with physical cryptocurrencies.• Coinme expects to expand its crypto operations globally by 2022. The North American money transfer company, MoneyGram, announced its merger with Bitcoin last Wednesday. This company will allow its clients to buy in Bitcoin and withdraw their holdings of the crypto converted into cash. This measure […]

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TL;DR Breakdown

• MoneyGram will work with physical cryptocurrencies.
• Coinme expects to expand its crypto operations globally by 2022.

The North American money transfer company, MoneyGram, announced its merger with Bitcoin last Wednesday. This company will allow its clients to buy in Bitcoin and withdraw their holdings of the crypto converted into cash. This measure is applied globally so the Bitcoin investor will have freedom in withdrawing cash.

This news has captivated many merchants with a long relationship with North American banking. For the process to complete, MoneyGram had to partner with Coinme, the largest crypto exchange in the United States. With this huge collaboration, Coinme promises to support over 20 thousand physical locations in the country.

Coinme and its partnership with MoneyGram to give Bitcoin

Bitcoin

Alex Holmen, SEO at MoneyGram, said this partnership with Coinme opens up a new space for crypto investors to profit. The company wants the digital currency to become a fiat currency, such as the dollar or the euro. However, the volatility of Bitcoin and other cryptocurrencies is not compared to that of local currencies.

The new service will be rolled out to all MoneyGram locations in the United States in the coming months. Coinme also plans to take this method globally, partnering with other crypto exchange companies.

MoneyGram points out that it has 150 million users around the world. This popularity of the company will increase as the new Bitcoin withdrawal system is known.

MoneyGram joins the Bitcoin business with other companies

The American company was founded in 1940, and its headquarters are in Dallas, Texas. MoneyGram competes with Western Union to be the best national and international transaction company.

For the year 2017, MoneyGram became interested in cryptocurrencies, and since then, it has grown in popularity. Although the company’s guidelines with handling Bitcoin are not clear, their intentions could be very good.

The international transaction company joins the crypto game after other similar companies have seemingly invaded. For February, Mastercard said it would support cryptocurrencies starting this new year. This slight attraction is achieved after Bitcoin had a rise that would take it to reach its all-time high in price.

But PayPal also announced that it would work with Bitcoin to make the purchase/sale more secure. These American crypto pioneers are making good decisions that attract traders. Since October of last year, cryptocurrencies can be bought in the PayPal wallet.

MoneyGram will release an official statement when its crypto transactions are approved. After the announcement, Bitcoin and other cryptocurrencies are expected to increase in value and reach new all-time highs.

Going from buying digital to physical cryptocurrencies can be a great idea and provide secure storage. Coinme has a great reputation in American exchange banking and is a great partnership with Moneygram.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/bitcoin-can-be-purchased-with-moneygram/>

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EOS, Filecoin, YFI Price Analysis: 12 May

With Bitcoin refusing to breach the $60k-mark, many of the market’s altcoins were surging instead on the back of Ethereum’s bullishness, with the latter breaching $4,000 following an astonishing run o

The post EOS, Filecoin, YFI Price Analysis: 12 May appeared first on AMBCrypto.

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With Bitcoin refusing to breach the $60k-mark, many of the market’s altcoins were surging instead on the back of Ethereum’s bullishness, with the latter breaching $4,000 following an astonishing run on the price charts. However, such corresponding effects weren’t uniform by any means, with the likes of EOS, Filecoin, and YFI noting varying price actions.

EOS

Source: EOS/USD on TradingView

Once one of the mainstays of the market’s top-10, EOS, at the time of writing, was down at 17th on CoinMarketCap’s rankings. April saw the altcoin’s bullish uptrend cut short when the market depreciated on the back of Bitcoin’s fall. The month of May, however, has seen the altcoin climb up the charts again and doing so exponentially.

The last 10 days alone, in fact, have seen EOS register separate surges of 79% and 56%. These surges were also accompanied by spikes in trading volume.

The scale of the bullishness in the EOS market was underlined by the findings of its technical indicators. While Parabolic SAR’s dotted markers were under the price candles, Relative Strength Index had dipped slightly following a brief foray in the overbought zone.

It has been speculated that EOS’s latest price action was triggered by Block.One announcing a new subsidiary, Bullish Global, with more than $10 billion in funding.

Filecoin [FIL]

Source: FIL/USD on TradingView

Since a sharp upsurge in value saw FIL pushed up higher on the price charts in late March, the altcoin has been falling on the back of a steady depreciation wave. While Filecoin did see brief upticks over the said period, they weren’t sustained long enough to project a trend reversal. At the time of writing, the crypto was yet to register some of the bullishness the rest of the altcoin market was noting.

The mouth of the Bollinger Bands was holding steady, with its width a sign of price volatility remaining stable in the near term. On the contrary, the MACD line remained below the Signal line. A bullish crossover here will be the first step towards a trend reversal.

According to a recent analysis, if FIL continues to toe bearish trendlines, it might fall down to $91.8 soon.

Yearn.finance [YFI]

Source: YFI/USD on TradingView

While the rest of the altcoin market has surged over the past few months, YFI itself has been confined to trading within a set channel, with DeFi’s growing popularity and success doing little to precipitate a bullish price action on YFI’s charts. Even when YFI did note some gains, in the month of April for instance, these weren’t sustained and were lost as soon as the market corrected.

The last three days, however, have been a different story altogether. In fact, the cryptocurrency climbed by over 60% in a matter of just 3 days.

The said price action had a corresponding effect on the altcoin’s indicators as Chaikin Money Flow climbed almost vertically to touch 0.40, while the Awesome Oscillator pictured an uptick in market momentum.

Thanks to YFI’s latest gains, a case can be made for investing in the altcoin.


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Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/eos-filecoin-yfi-price-analysis-12-may

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