BNY Mellon Interest in Bitcoin is growing at an institutional level

BNY Mellon, the oldest bank in the USA, announced that it will offer Bitcoin transactions service to its customers. On top of that, Bitcoin saw its new historical peak with $ 48,113. Meanwhile, Twitter announced that it is considering adding Bitcoin to its balance sheet like Tesla.

I personally think that big giant companies will enter the cryptocurrency world soon, and crypto will be an indispensable payment system of our lives like bread and water. Although it is seen as an investment tool for now, I think that over time, everyone will focus on bitcoin and other cryptocurrencies.

Visa, one of the largest payment companies in the world, announced on February 3 that it will offer Bitcoin transaction services to its customers. Visa's biggest competitor, MasterCard, announced today that it has similar plans.

Another payment giant PayPal announced that it will offer Bitcoin wallet service last October. This increasing institutional interest in Bitcoin has prevented the value of cryptocurrency from declining as in early 2018.

Meanwhile, Ethereum has also risen 2.1 percent today to over $ 1,780. The most striking increase in the top 10 crypto currencies was StellarDA (XLM) with 11 percent.

Note: BNY Mellon is the result of the merger of the Bank of New York and Mellon Financial Corporation in 2007. However, since the Bank of New York was established on June 9, 1784, the institution that emerged as a result of the merger is considered to be the oldest bank in the USA.