Blockchain.com, a cryptocurrency wallet provider, held a large-scale presentation, during which he spoke about new products and the company’s plans for the future.
At the moment, the number of cryptocurrency wallets created at Blockchain.com has almost reached the level of 50 million. In May, these addresses accounted for 32% of all bitcoin transactions. By 2030, the company plans to increase the number of wallets to one billion.
As for the wallet itself, developers continue to add new features. Now, users can buy bitcoins with Visa and MasterCard bank cards. This feature will be available in many countries with support for most large fiat currencies. At the same time, the company announced support for USDT stablecoin and Algorand token.
One of the most interesting innovations is cryptocurrency interest accounts. Users will be able to transfer their bitcoins to them and receive up to 4.5% per annum. It is possible to withdraw BTC at any time. In its blog, the company indicates that the rates on dollar deposits in traditional banks are close to zero.
At the same time, Blockchain.com introduces loans in “digital dollars” secured by BTC. The rate will be 5%. This option is not available in the U.S. yet, but the company promises a phased launch in each state.
In the coming weeks, the company will also present a unified interface for wallets, interest accounts, and the exchange. It will allow users to see and control all their assets in one place. The company’s exchange, Blockchain.com, has also been affected by serious innovations.
The company noted that the most popular request among traders was to add margin trading. The soon launch of the function was officially confirmed, but the terms are still unknown. In the coming weeks, Blockchain.com will also carry out rebranding, updating not only the logo and design of the website but also the browser interface of the blocks, the wallet, and the exchange.
Technical analysis of Bitcoin (BTC):
Over the past day, the price of bitcoin dropped to the support level of $8,800. Now, it is $9,160. In the future, we assume that bitcoin will be in flat between $8,800-$9,350. The nearest resistance levels are $9,200, $9,400, $9,700, $9,840, $9,950, $10,000, $10,250, $10,500. The nearest support levels are $8,600, $8,150, $7,900, $7,600, $7,500.
Technical analysis of Ethereum (ETH):
Over the past day, the price of ethereum fell to the support level of $192. Now, it is $203. In the future, we assume that ethereum will be in the flat between $192-$205. The nearest resistance levels are $205, $209, $212, $216, $218, $226, $245. The nearest support levels are $200, $198, $193, $189, $186, $183, $178, $174, $169.
Technical analysis of Ripple (XRP):
Over the past day, the price of ripple dropped to the support level of $0.19. Now, it is $0.2. In the future, we assume that ripple will be in the flat between $0.19-$0.20. The nearest resistance levels are $0.2020, $0.2060, $0.21, $0.2150, $0.22, $0.23, $0.2350. The nearest support levels are $0.2, $0.19, and $0.1820.
