ghostoftomjones

Main TakeawaysBinance Pay has partnered with xMoney, a leading Web3 payment provider in Europe.  The partnership simplifies payments for luxury goods, travel, gaming, and even public services for Binance Pay users, enabling over 20,000 businesses in the xMoney’s merchant network to accept cryptocurrency directly. Operating under MiCA regulations, xMoney expands Binance Pay’s total global merchant network to over 32,000 businesses, promoting secure and innovative payment solutions.Binance Pay, the secure and seamless cryptocurrency payment solution designed by Binance, has joined forces with xMoney, a leading Web3 payment provider in Europe, to redefine the crypto payment landscape. This strategic partnership connects Binance Pay users to xMoney’s extensive merchant network, enabling over 20,000 businesses to accept cryptocurrency directly, streamlining transactions across various industries such as luxury goods, travel, gaming, and e-commerce.Breaking Barriers in Crypto PaymentsThe partnership ensures faster, cost-effective, and user-friendly payment experience for both consumers and merchants. Binance Pay users can now seamlessly access a wide array of services and products, further empowering cryptocurrency’s integration into everyday transactions.Jonathan Lim, Global Head of Binance Pay, highlighted the partnership’s significance: “This collaboration between Binance Pay and xMoney comes at a pivotal moment when cryptocurrency is being embraced in mainstream commerce and public services. The ability to pay for luxury goods, travel, and even government services with crypto demonstrates how digital currencies are becoming a practical tool for everyday transactions.”Lim added that by partnering with xMoney, Binance Pay is helping leverage blockchain technology to bring real-world value to users, meeting the growing demand for secure, efficient, and accessible payment solutions.A Diverse Merchant NetworkxMoney’s extensive merchant network spans industries as varied as luxury retail, gaming, travel, real estate, and public services. Additionally, xMoney supports government clients such as the City of Lugano and the National Administration of the Principality of Liechtenstein, where citizens can pay for public services using cryptocurrency. This diverse network underscores the growing adoption of crypto across commercial and public sectors throughout Europe.Greg Siourounis, CEO of xMoney Global, commented on the partnership: “Partnering with Binance Pay is a significant step in building the bridge between blockchain and traditional finance. By integrating Binance Pay, we’re expanding our ecosystem and offering our users even more flexibility and choice in how they transact.”Advancing Crypto Adoption with Compliance and GrowthxMoney operates within a trusted and regulated framework, complying fully with the EU’s MiCA regulations. This strong focus on compliance ensures a secure environment for cryptocurrency transactions, providing peace of mind to merchants and users alike.With this partnership, Binance Pay’s merchant network has grown to over 32,000 businesses globally, marking a significant milestone in its development. This expansion builds on a remarkable 36% year-over-year growth, rising from over 8,900 merchants in December 2023 to over 12,000 by December 2024.The continued growth reflects Binance Pay’s dedication to enabling diverse opportunities for cryptocurrency use, from booking travel to purchasing luxury goods, aligning with the increasing demand for practical, accessible, and innovative digital payment solutions.Binance Pay is a contactless, borderless, and secure cryptocurrency payment feature available on the Binance App. It allows users and merchants to send and receive crypto payments worldwide instantly without incurring gas fees. Supporting over 300 cryptocurrencies for peer-to-peer payments and more than 90 for merchant payments, Binance Pay serves millions of users and thousands of merchants globally.Further ReadingCircle and Binance Form a Strategic Partnership to Accelerate Global USDC and Crypto Adoption. DeFi Access, Simplified: Binance Pay’s One-Click Deposit FeatureBinance Wallet: A Seamless Journey into Web3

Lately, I've been wondering: what's going on with #MultiversX ? It used to be one of the most exciting blockchains out there. The price of $EGLD was soaring, users were pouring into the ecosystem and people were using it daily.

I still remember when EGLD was in the top 30 on CoinMarketCap and we all thought it was just a matter of time before it hit the top 10. But now? It has dropped to 130th place and keeps sinking lower. Its price and market value are performing much worse than most competitors.

The initial hype around it was driven by the MEX token and the NFT craze. While the global decline in interest for NFTs isn't MultiversX's fault, the failure of MEX certainly is.

From a technological perspective, MultiversX remains one of the best blockchains out there. Its speed, scalability, and innovative design are outstanding. However, as we can clearly see, technology alone isn't enough.

Right now, it's obvious that users don't have a strong reason to use MultiversX. There's no liquidity or enough opportunities to make money. And that leads me to a big question: why are people in crypto?

Most people in crypto are here to make money and I'm no different. Whether they invest or speculate, the main goal is profit. To succeed, you have to put emotions aside and think logically.

Even though I've been closely tied to MultiversX for a long time, with collaborations and friendships in the community, my goal has always been to earn as much as possible and secure my family's future. That's why I've gradually shifted my focus to other blockchains that offer more opportunities.

I still hold some EGLD in my portfolio, but it's shrinking as the price keeps falling. I'd really love to see MultiversX become popular again and maybe the launch of a native stablecoin will help, but we'll have to wait and see. As much as I wish things were different, my personal opinion is that EGLD won't reach a new ATH in this bull market.

The reason I'm sharing all this is simple: I believed in MultiversX for a long time and I thought it was fair to explain where I stand now. This isn't about influencing anyone. I just wanted to share my perspective. How the price compares to other projects is something everyone can see for themselves.

Unfortunately right now things look pretty bad. But a few green candles could change everything quickly. What MultiversX really needs is a spark. Something that gets people not just to buy and hold EGLD, but to actually use the blockchain. It doesn't matter if that's memecoins, NFTs, better security, or the stablecoin.

What about you? Do you still believe in EGLD?

CRYPTO PREDICTION
FOR 2025