{"id":17418,"date":"2023-02-06T17:36:39","date_gmt":"2023-02-06T17:36:39","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/02\/06\/will-visas-push-on-ethereum-act-as-a-bullish-catalyst\/"},"modified":"2023-02-06T17:36:39","modified_gmt":"2023-02-06T17:36:39","slug":"will-visas-push-on-ethereum-act-as-a-bullish-catalyst","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/02\/06\/will-visas-push-on-ethereum-act-as-a-bullish-catalyst\/","title":{"rendered":"Will Visa\u2019s Push On Ethereum Act As A Bullish Catalyst?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>\n<iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe>\n<\/p>\n<p><strong>ETH News:<\/strong> A world funds large, Visa is trying ahead to constructing a \u201cmuscle memory\u201d round settlements. Intending to extend the convenience of conversion between digital tokenized Dollars and conventional US Dollars, Visa is at present investing in a world settlement with <a href=\"https:\/\/coingape.com\/glossary\/crypto-tokens\/\">crypto tokens<\/a> and fiat currencies.<\/p>\n<h2>Visa and Ethereum: A Strong Blockchain Bond<\/h2>\n<p>At StarkWare Sessions 2023, Visa introduced that they&#8217;re testing methods to settle for large-value settlements on the Ethereum <a href=\"https:\/\/coingape.com\/glossary\/blockchain\/\">blockchain<\/a>. This assertion can act as a bullish catalyst for the second-largest <a href=\"https:\/\/coingape.com\/glossary\/cryptocurrency\/\">cryptocurrency<\/a> available in the market.<\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/twitter.com\/cuysheffield?lang=en\">Cuy Sheffield<\/a>, VP, and Crypto Head at Visa stated, \u201cWe\u2019ve been testing how to actually accept settlement payments from issuers in USDC starting on Ethereum and paying out in USDC. So, these are large value settlement payments.\u201d He additional added, \u201cThe same way that we can convert between dollars in euros on a cross-border transaction, we should be able to convert between digital tokenized dollars and traditional dollars.\u201d<\/p>\n<h2>ETH Price will take a Bullish Turn?<\/h2>\n<p>Visa\u2019s transfer fuels a bullish narrative for Ethereum because the cryptocurrency yielded almost 30% features for holders over the previous month. At the time of writing, <a href=\"https:\/\/coingape.com\/price\/ethereum\/\">Ethereum (ETH) price<\/a> is $1,629.82, with a <a href=\"https:\/\/coingape.com\/glossary\/market-capitalization\/\">market capitalization<\/a> of $199.44 Billion and a 24-hour buying and selling quantity up by 30.35%. Now it stands at $7,595,862,167. At the identical time, the circulating provide is roughly 122,373,866 ETH as per the <a href=\"https:\/\/coingape.com\/markets\/\">crypto market<\/a> tracker CoinMarketCap.<\/p>\n<figure id=\"attachment_137817\" aria-describedby=\"caption-attachment-137817\" style=\"width: 1157px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-137817\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/02\/06183638\/ETH-Price.png\" alt=\"\" width=\"1157\" height=\"633\"\/><figcaption id=\"caption-attachment-137817\" class=\"wp-caption-text\">Source \u2013 CoinMarketCap<\/figcaption><\/figure>\n<p>20-day EMA ($1,586) and bulls wanting to claim their dominance depict the benefit to consumers. If bulls handle to take action, ETH value might rally to $1,800 and it could possibly additionally stretch as much as $2,000.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/ethereum-news-ethereum-price-1800-10052\/\">Ethereum News: Here\u2019s Why Ethereum Price May Break $1800 In February 2023?<\/a><\/p>\n<p>Disclaimer: The info offered on this article is solely the writer\u2019s opinion and never an funding recommendation<\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA137816\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<p>\nCoinGape contains an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a truth fairly than an opinion. CoinGape writers and reporters contributed to this text.\n<\/p>\n<\/div>\n<div class=\"author_Image\">\n<img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/> <\/div>\n<\/div>\n<\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD137816\">\n<p> The offered content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/eth-price-will-visas-push-on-ethereum-act-as-a-bullish-catalyst-10064\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] ETH News: A world funds large, Visa is trying ahead to constructing a \u201cmuscle memory\u201d round settlements. Intending to extend the convenience of conversion between digital tokenized Dollars and conventional US Dollars, Visa is at present investing in a world settlement with crypto tokens and fiat currencies. Visa and Ethereum: A Strong Blockchain Bond [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[1161,539,3153,108,71,5997],"class_list":["post-17418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-act","tag-bullish","tag-catalyst","tag-ethereum","tag-push","tag-visas","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=17418"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17418\/revisions"}],"predecessor-version":[{"id":17419,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/17418\/revisions\/17419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/17420"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=17418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=17418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=17418"}],"curies":[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