cryptocurrency 2 months ago

Mass crypto adoption through Mastercard and Bakkt $bkkt 🔗Join the Patreon: 💵Get up to $250 in Bitcoin from Blockfi ✨ Kucoin exchange: 💻Free Discord Link: Stake your Cardano in my stakepool! Ticker Symbol: MAX1 📚 My YouTube academy: 💵LIMITED: Get 2 FREE Stocks: 🚚My in-depth moving company course: 📷ALL of my camera and recording equipment: ✉️Join my newsletter: Mastercard just signed a deal that could bust the crypto flood gates wide open. Close to a billion credit cards promoting crypto. Their partnership with Bakkt is the latest story to come out that signals widespread acceptance of crypto all over the world. Bakkt even got a taste of that good ol crypto volatility earlier last week… jumping up 234% – from 9 dollars all the way to over 30 in just one trading day. That’s because the firm is playing a pivotal role in Mastercard’s plan to offer crypto-based rewards, and the ability to buy and sell crypto to their thousands of partner banks globally. Just the day after the announcement, Bakkt shares zig-zagged up 23%, down 29, only to settle down 22% at the end of the day. Which, to me, points out that the hype surrounding this partnership could come with some investor misconceptions – specifically about whether Bakkt would actually make crypto mainstream Now credit cards with crypto-based rewards aren’t really anything new, as companies like SoFi and channel sponsor BlockFi have launched their own credit cards with unique crypto perks. But what’s different here is that crypto would be baked into the underlying tech of Mastercard – where through Bakkt, any merchant or bank on the Mastercard payment network could offer specific crypto rewards to customers… facilitated by the custodial wallets on Bakkt’s platform. Here's how you can profit off of this crypto news. 0:00 Here's Johnny 0:23 What's happening 2:00 Bakkt to the future (how it works) 4:22 What mass crypto adoption looks like 5:25 Pain points with crypto adoption 7:18 How these problems are solved 8:35 Fun fact 9:13 A good investment? Best altcoins Bitcoin Crypto Bitcoin news best crypto stocks My Instagram: Schedule one-on-one business consulting with me here: *I am not a financial advisor. This is not financial advice*
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