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BakerySwap, Syscoin and Utrust rally as altcoin season kicks into high gear

BAKE, SYS and UTC have secured triple-digit gains as large and small-cap altcoins capitalize on Bitcoin’s range-bound price action. Bitcoin’s (BTC) institutional adoption shows no signs of slowing down. This week Latin America’s largest e-commerce company, Mercado Libre, disclosed that it had purchased $7.8 million worth of Bitcoin as part of its treasury strategy.  Mercado Libre was not only in this decision, as Metromile Inc., a Nasdaq-listed digital insurer also said it plans to buy $10 million worth of Bitcoin in the second quarter of this year. Additionally, Metromile will soon start accepting premiums and paying out insurance claims in Bitcoin. Crypto…

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Crypto-friendly travel booking site Travala adds crypto payments from Utrust

Utrust, a cryptocurrency payment solution offering instant transactions, buyer protection, and immediate crypto-to-cash settlements, and Travala.com, a cryptocurrency-friendly travel booking platform today announced a new partnership. Travala.com will integrate Utrust’s payment solution and Utrust will integrate Travala.com’s native token AVA into its service. This will allow AVA token holders to make payments with any of Utrust’s growing number of elite merchants, such as SL.Benfica, Luís Onofre, or Phone House further increasing the reach of AVA to millions of new users globally. Growing from a small startup in 2017, Travala currently offers 2,000,000+ properties covering 90,124 destinations in 230 countries and…

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