ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

Visa Will Not Process Cryptocurrency-Based Transactions




Visa’s CEO made a statement in a recent interview that the company will not be processing transactions based on cryptocurrencies.

In an interview, Visa CEO Alfred Kelly said that his company "won't process transactions that are cryptocurrency-based, we'll only process fiat currency-based transactions."

Responding on January 17 to a question about cryptocurrencies in general and bitcoin in particular, Kelly explained that due to bitcoin's erratic price fluctuations, the digital asset does not currently qualify as a "payment system player." 

He also said of the cryptocurrency that it is currently little more than "a commodity that somebody could invest in, and honestly somewhat of a speculative commodity." Today, few merchants accept virtual currencies as a form of payment. 

Price fluctuations notwithstanding, many crypto faithful have predicted that at least some digital assets may eventually become stable enough in value to serve as a medium of exchange, in some cases gleefully speculating that these assets might someday make major financial institutions obsolete. Others in the space believe that even if cryptocurrencies eventually eclipse fiat currencies in use volume, financial giants will find ways to remain relevant.  

Adam Reese

Adam Reese is a Los Angeles-based writer interested in technology, domestic and international politics, social issues, infrastructure and the arts. Adam holds value in Ether, Bitcoin, and Monero.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Visa, transactions or other Ethereum business and finance news.