PayPal has launched a new feature enabling merchants within the United States to accept payments directly in select cryptocurrencies, including XRP and Solana. This ‘Pay with Crypto’ service converts these digital asset payments instantly into PayPal’s native stablecoin, PYUSD, and… Read More »PayPal Expands Crypto Acceptance for US Merchants with ‘Pay with Crypto’ Feature
Retail giants Amazon and Walmart’s exploration into issuing dollar-backed stablecoins highlights critical privacy vulnerabilities inherent in public blockchain transactions. This corporate interest marks a pivotal development for mainstream blockchain adoption while underscoring unresolved challenges regarding financial privacy. Industry experts warn… Read More »Amazon, Walmart Stablecoin Plans Spotlight Privacy Risks on Public Blockchains
Investor Ray Dalio recommends investors allocate 15% of their portfolios to a combination of gold and Bitcoin as a protective measure against escalating risks linked to increasing government debts and potential market downturns. Dalio’s caution stems from his analysis of… Read More »Ray Dalio Advises 15% Portfolio Allocation to Gold and Bitcoin as Economic Hedge
Dogecoin recorded diverging market signals last week as increasing derivatives activity contrasted with a double-digit price decline. The memecoin’s value fell 10.75% during the seven-day period but futures open interest unexpectedly climbed 5.98% to 18.15 billion DOGE ($4.38 billion). Concurrently,… Read More »Dogecoin Sees Rising Futures Activity Despite Price Dip, Eyes $0.46 Breakout
Financial experts project Bitcoin could surpass $150,000 by early 2025 and potentially hit $185,000 by year-end as institutional capital reshapes market dynamics. This forecast, spearheaded by analysts including Galaxy Digital’s Alex Thorn, signals a fundamental shift away from Bitcoin’s historical… Read More »Analysts Predict Bitcoin Surge to $150K on Institutional Adoption Wave
TRON Inc. has formally submitted a $1 billion mixed shelf offering registration to the U.S. Securities and Exchange Commission, highlighting potential expansion plans and growing institutional trust in its blockchain infrastructure. The filing enables TRON to gradually issue multiple types… Read More »TRON Files $1 Billion Mixed Shelf Offering with SEC, Signaling Institutional Confidence
Global listed companies accumulated a net $577 million worth of Bitcoin last week, signaling sustained institutional conviction in the leading cryptocurrency despite market volatility. This influx reflects robust corporate confidence in Bitcoin’s long-term value proposition as a digital asset. Simultaneously,… Read More »Institutional Firms Acquire $577 Million Bitcoin Amidst MicroStrategy Financing Strategy
Tron Inc. witnessed a significant 14.58% surge in its stock price following a $10 million mixed shelf registration filing with the U.S. Securities and Exchange Commission. The stock peaked at $11.94 on July 28, 2024, reflecting heightened investor optimism around… Read More »Tron Inc. Stock Surges 14.58% After SEC Filing for $10 Million Capital Expansion
Bitcoin continues to assert its dominance in the cryptocurrency market, capturing overwhelming institutional focus and capital inflows from Wall Street investors. Prominent investor Anthony Pompliano forecasts potential acquisition of Bitcoin by the United States government could serve as a major… Read More »Bitcoin Market Dominance Grows Amid Potential US Government Acquisition Scenario
The European Central Bank (ECB) is actively developing strategies leveraging regulated euro stablecoins and its central bank digital currency (CBDC) to challenge the dominance of US dollar-denominated stablecoins and protect monetary sovereignty within the European bloc. Jürgen Schaaf, an ECB… Read More »ECB Deploys Stablecoins, Digital Euro to Counter US Dollar Dominance
MicroStrategy reported no Bitcoin purchases last week, maintaining its total holdings at 607,770 BTC amid ongoing market price fluctuations. The company acquired only 10,445 Bitcoin throughout July, representing a 39% decline from the 17,075 BTC purchased in June. This drop… Read More »MicroStrategy Announces Bitcoin Buying Pause with 39% July Acquisition Decline
Volcon has significantly increased its Bitcoin reserves by acquiring an additional 316.8 BTC, bringing its total holdings to over 3,500 BTC. This accumulation reinforces the company’s strategic approach to leveraging Bitcoin as a core component of its treasury management. The… Read More »Volcon Expands Bitcoin Holdings to Over 3,500 BTC in Strategic Treasury Move
Technical analysis reveals Ethereum is exhibiting strong bullish signals that suggest a potential breakout from a multi-year consolidation pattern. Key indicators include a decisive monthly MACD crossover and an elevated RSI reading of 82.87, demonstrating powerful upward momentum reminiscent of… Read More »Technical Indicators Signal Ethereum Primed for Major Breakout to $20,000
Tokyo-based investment firm Metaplanet has acquired an additional 780 Bitcoin worth $92.93 million, increasing its holdings to over 17,000 BTC. The purchase was executed at an average price of $119,136 per Bitcoin, solidifying its position as one of Asia’s largest… Read More »Metaplanet Expands Bitcoin Treasury to 17,000 BTC in $93 Million Purchase While Strategy Maintains Global Lead
PayPal has unveiled a significant expansion of its payment services, enabling businesses worldwide to accept over 100 cryptocurrencies including Bitcoin, Ethereum, and Solana. This new capability integrates directly with popular cryptocurrency wallets such as Coinbase, Kraken, and MetaMask, facilitating seamless… Read More »PayPal Launches Crypto Acceptance for Merchants Globally, Supporting 100 Digital Assets
Nasdaq-listed company Upexi has entered into a $500 million equity line agreement with Alliance Global Partners, utilizing stock sales proceeds to fund strategic acquisitions of Solana (SOL) tokens and drive operational growth. This investment reflects heightened institutional confidence in Solana’s… Read More »Upexi Secures $500M Equity Line for Solana Acquisitions and Operational Expansion
Binance has introduced RWUSD, a principal-protected yield product offering investors up to 4.2% Annual Percentage Rate (APR). RWUSD positions itself as distinct from stablecoins or securities, being a non-tradable, non-transferable asset instead. It allows users to redeem their holdings on… Read More »Binance Launches RWUSD Yield Product with Principal Protection and 4.2% APR
Binance Coin (BNB) has surged to a new all-time high above $850, significantly increasing the net worth of Binance co-founder Changpeng Zhao. Zhao, who owns over 64% of BNB’s circulating supply, now holds assets valued at more than $75.8 billion… Read More »BNB Price Surge Past $850 Boosts Changpeng Zhao’s Net Worth Beyond $75 Billion
Grove is deploying two Janus Henderson financial products—the Anemoy AAA CLO Fund and Treasury Fund—on Avalanche blockchain to tokenize $250 million worth of real-world assets (RWAs), including US Treasurys and collateralized loan obligations (CLOs). This initiative will more than double… Read More »Grove to Deploy $250 Million in Tokenized RWAs on Avalanche via Janus Henderson Funds
Ethereum demonstrated renewed bullish momentum as its price rallied 4.09% to break above $3,860, successfully defending the critical $3,700 support level. This upward movement signals improved short-term strength in the market. The surge coincides with robust institutional interest, evidenced by… Read More »Ethereum Surges to $3,860 on ETF-Driven Rally Amid Caution Over Profit-Taking Risks