The Swipe project, purchased by the Binance exchange, issued a cryptocurrency LendFi Visa Card with the possibility of obtaining decentralized loans. The card is available in the United States.
Swipe management said that LendFi Visa Card uses Decentralized Financing (DeFi) protocols, which include Compound. The card is integrated with the LendFi application, which is a decentralized platform for issuing cryptocurrency loans. LendFi also allows you to make deposits in various stable coins and pay with your card. Swipe developed this solution in cooperation with Marqeta, a California-based payment company.
Marqeta vice president Salman Syed said that lenders could send funds directly to the card, and this is fundamentally changing the relationship between borrowers and lenders. The LendFi Visa Card can be used by American citizens, who must apply for the virtual card and undergo the procedure of identity verification beforehand. If necessary, users can order a physical card with a 4% cash-back for all purchases.
Let us recall that in July, Binance completed a deal to acquire Swipe.io to use its infrastructure to issue its payment cards and remove the barrier between fiat and digital currencies. In the same month, Binance launched a debit card Binance Card in the European Economic Area (EEA) with support for BTC, BNB, SXP, and BUSD.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin grew to the resistance level of $10,950. Now, it is $10,880. In the future, we predict an increase. The nearest resistance levels are $10,900, $11,000, $11,100, $11,300, $11,400, $11,500, $11,650, $11,850, $12,000, $12,230, $13,000, $13,500. The nearest support levels are $10,800, $10,700, $10,500, $10,340, $10,300, $10,250, $10,200, $10,000, $9,850, $9,600, $9,400, $9,300, $9,200, $9,000, $8,600.
Technical analysis of Ethereum (ETH):
Over the past 24 hours, the price of ethereum dropped to the support level of $350. Then it rose to the resistance level of $370. Now, the price of ethereum is $367. In the future, we predict an increase. The nearest resistance levels are $375, $380, $385, $390, $400, $410, $415, $420, $430, $440, $443, $470, $475, $500, $530. The nearest support levels are $365, $355, $350, $330, $325, $310, $300, $290, $277, $270, $260, $257, $250.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple grew to the resistance level of $0.2450. Now, it is $0.2430. In the future, we predict an increase. The nearest resistance levels are $0.2450, $0.2480, $0.25, $0.2550, $0.2580, $0.26, $0.27, $0.28, $0.29, $0.2960, $0.30, $0.3080, $0.31, $0.32, $0.3250, $0.3450. The nearest support levels are $0.24, $0.2350, $0.23, $0.2250, $0.22, $0.2150, $0.21, $0.2060, $0.2020, $0.20.