📣Friday is finally here, and we have TOP-3 news of this week in cryptocurrency and blockchain industries:

Wednesday’s epic Twitter attack;
Paypal confirms interest in digital assets;
ZEC latest hard fork.

Check them out.

💡Fact of this week:
Did you know that USDT was launched as RealCoin in July 2014?
Later in November it was rebranded as Tether.

💡 How many cryptocurrencies are supported on Quantum.uk?

Five cryptocurrencies are available on Quantum.uk. You can choose Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC), or Tether (USDT). The best is yet to come: we plan to widen this list and add support for more digital assets.
So stay tuned for further updates!

As more people and companies get involved in cryptocurrency sphere, we face with a question: will cryptocurrency ever replace cash?

👉Let’s find it out:
https://quantum.uk/blog/will-cryptocurrency-ever-replace-cash/

🔔Here is our new cryptocurrency digest for you. Check out everything you need to know about digital assets, their price fluctuations, highs and lows over the 7-day period.

🔥Summer is in full swing, and we have a hot digest for you.

Find out the latest market capitalization, cryptocurrencies and their prices. You’ll see highs and lows over the 7-day period right here.

💥 It’s finally Friday, and here is our weekly digest. We’ve collected the hottest cryptocurrency and blockchain news. Check them out:

✅ ARK Invest’s Cathie Wood noticed that BTC should be considered a new asset class, one that may even serve as a reserve currency in the near future. She said: “You think about the traditional 60/40 stock-bond portfolio, but look what’s happening to bonds right now. If we are ending a 40-year secular decline in interest rates, that asset class has done its thing. What’s next? We think crypto could be the solution”.

✅ Cryptoсurrency fraudster robbed 3 500 victims of over $16 million in crypto. He has pleaded guilty.

✅ In a Bloomberg interview, Jesse Powell, co-founder and CEO of Kraken predicted that BTC could reach $1 million in the next decade and replace the major fiat currencies. “We can only speculate, but when you measure it in terms of dollars, you have to think it’s going to infinity”. He also added: “The true believers will tell you that it’s going all the way to the moon, to Mars and eventually, will be the world’s currency”.

💃 🕺that feeling when you see a Friday digest with top-3 news of this week. Take a look at them right now!


⚡️According to a newsletter published by a cryptocurrency metrics platform Glassnode on Monday, Bitcoin miners gained a record-breaking revenue up to $52.3 million per day on average.
But Glassnode’s charts showed that on a day-to-day basis, miners' profits have boosted significantly higher on March 14. For example, the current all-time high of Bitcoin miners’ daily profit was $64.7 million.

⚡️As Cointelegraph reported, BTC is now worth more than Visa and Mastercard combined. The biggest cryptocurrency surpassed financial giants by market capitalization. At its all-time highs of $61,700, the market cap of Bitcoin was roughly $1.15 trillion. The combined market cap of JPMorgan Chase, Bank of America and the Industrial and Commercial Bank of China is $1.08 trillion.
And that’s not all: Visa and Mastercard, have a combined market cap of $871 billion. This sum is now significantly less than Bitcoin.

⚡️European financial authorities published a report “Trends, Risks and Vulnerabilities”. They analyzed the impact of COVID-19 on the financial industry. They warned about the increased risks linked with investment in cryptocurrencies.
The authorities mentioned that crypto assets faced a massive rise in value and trading volumes during the second half of 2020. They noticed that it was driven by positive news (for example, PayPal implemented buy and sell options for cryptocurrencies). Moreover, the interest was fuelled “by strong investor demand and search for yield amid unprecedented global fiscal and monetary stimulus”.

📰 April is finally here, and it’s time to check out the biggest cryptocurrency stories of this March. Take a look at them.

▪️ Bitcoin spiked to a new record high over $61K

The biggest cryptocurrency by market cap crossed $61,000 and set an all-time high in the middle of March.

▪️Morgan Stanley and Goldman Sachs will offer their wealthy clients access to cryptocurrency funds

Morgan Stanley said it will start offering BTC exposure to its wealthy clients. Banking powerhouse Goldman Sachs told CNBC that it's looking to offer a "full-spectrum" of cryptocurrency investments for its private wealth clients within the next few months.

▪️Visa and PayPal will allow customers to pay with cryptos

Both Visa and PayPal are joining a growing number of companies that offer cryptocurrencies as a means of payment.
Visa will allow customers to specifically use the cryptocurrency USD Coin in transactions made across its payment network.
PayPal announced that its U.S. users will be able to pay with Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Any payment made in cryptocurrency will immediately be converted to USD in order to process a transaction.

💥We have a Friday digest for you. Take a look at the biggest news in the cryptocurrency industry right now:

🔹Ethereum reached its highest price

According to CoinDesk, ETH hit an all-time high of $2,151.25 on Tuesday. It is up over 180% year-to-date.

🔹Fidelity’s Tom Jessop: “We’ve reached a tipping point” on crypto adoption

Tom Jessop, head of Fidelity Digital Assets at Fidelity Investments, participated in the MarketWatch virtual event. He said that the maturation and adoption of cryptocurrencies as a way of investments will boost in coming years, signaling that digital assets may have turned a corner in traditional finance circles.
He also added: “We’re not going to get out of this simulated environment anytime soon. I think we’ve reached a tipping point.”

🔹Market cap surges to record $2 trillion

According to information produced by CoinGecko and Blockfolio, the cryptocurrency market capitalization hit an all-time peak of $2.02 trillion on Monday. This surge is a result of attracting demand from both institutional and retail investors.