Crypto.com Partners with Stripe to Expand Crypto Payments
- Payment Integration: Crypto.com partners with Stripe to enable millions of businesses to accept cryptocurrency payments via Crypto.com Pay, with Stripe converting crypto payments into local currency, thereby reducing friction traditionally associated with crypto payments and enhancing merchant payment experiences.
- User Convenience Enhancement: The integration also allows users to purchase cryptocurrencies using credit and debit cards in the U.S., combining familiar payment methods with crypto transactions, simplifying onboarding for new users and increasing access to digital assets, further driving mainstream adoption of cryptocurrencies.
- Market Impact: This marks the first instance of a cryptocurrency platform being integrated with Stripe for direct crypto payments, reflecting the growing adoption of digital assets in mainstream commerce, and is expected to accelerate the widespread use of cryptocurrencies, enhancing Crypto.com's competitive position in the market.
- Strategic Collaboration: Executives from both companies emphasized that the collaboration aims to lower barriers to crypto adoption, allowing digital assets to be used alongside traditional payment methods, connecting Stripe's extensive merchant network with Crypto.com's payment solutions, paving the way for mainstream cryptocurrency usage.
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Technical Analysis for CRO
Technical Sentiment Analysis for Cronos (CRO) As of , Cronos (CRO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CRO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CRO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Cronos (CRO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.051 | 0.0592 | 0.0694 | 0.0776 | 0.0878 | 0.096 | 0.106 |
| Fibonacci | 0.0592 | 0.0662 | 0.0706 | 0.0776 | 0.0846 | 0.089 | 0.096 |
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