The price of bitcoin has reached a new record high of over $109,000, coinciding with Donald Trump's inauguration as the 47th president of the United States. This surge in the crypto market is attributed to the pro-crypto stance of the Trump administration and increasing institutional demand. The recently launched TRUMP memecoin, based on the Solana blockchain, gained attention and value after Trump promoted it on social media, briefly reaching the top 10 cryptocurrencies by market cap.

Singapore-based cryptocurrency company Oobit offers various services focused on cryptocurrency payments, including the ability to buy everyday items using crypto through their Tap & Pay feature. Oobit accepts popular cryptocurrencies like Bitcoin and Ethereum and allows users to make contactless payments at over 100 million retailers worldwide. The company is seeking a regulatory license from the Abu Dhabi Global Market and plans to expand into new markets.

Oobit's revolutionary platform aims to simplify cryptocurrency payments and has integrated support for the TRUMP token, enabling users in the European Union to make everyday purchases with ease. The company is also planning to develop a Web3 gateway and integrate external wallets to enhance their services.



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