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Revolut to Allow Customers to Make Purchases with Crypto Balances

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Today’s Cryptocurrency Headline

Digital banking firm Revolut will launch a crypto spending feature on November 1, enabling customers to use their crypto balances to pay for everyday purchases using their Revolut card, customers will also be able to earn 1% cash back on all their crypto balances spent for a limited time.Revolut’s new feature comes after the U.K.-based firm won registration from that country’s Financial Conduct Authority to offer crypto services in the U.K. following a lengthy wait to gain approval.

BingX’s Bitcoin Chart

Source: TradingView & BingX

According to Glassnode, the number of ETH non-zero addresses reached an ATH of 88,490,369. Bitcoin is down 0.86% over the last 24 hours and fell to an intraday low of $20,515.00. The largest cryptocurrency maintained positive upside momentum during the weekend, and it attempted to break the psychological level of $21,000 on Saturday. But the price was not able to hold above $21,000, suggesting the sellers are active at higher levels. Currently, the $20,800 to $21,000 price zone is the main barrier for Bitcoin, as the price is struggling to hold above this zone after a few failed attempts. If the price breaks above this zone, the BTC/USDT pair could rise to $22,500.

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