PayPal announced plans to integrate its stablecoin PayPal USD (PYUSD) with the Stellar blockchain, pending regulatory approval. This strategic move aims to leverage Stellar’s high-speed, low-cost infrastructure for improved cross-border payment efficiency and global financial accessibility. Subject to approval by… Read More »PayPal Plans PYUSD Expansion to Stellar Network to Enhance Cross-Border Payments
Vice President Vance has reportedly acted to mediate tensions between technology entrepreneur Elon Musk and former President Donald Trump. According to sources familiar with the matter, Vance, alongside the White House Chief of Staff, encouraged Musk to reconcile with Trump.… Read More »Vice President Vance Mediates Between Elon Musk and Donald Trump
Cross-chain infrastructure provider OneBalance has secured $20 million in Series A funding to advance its mission of simplifying Bitcoin interoperability across blockchain networks. The investment round attracted participation from prominent venture firms including cyber•Fund, Blockchain Capital, and Bybit’s Mirana Ventures.… Read More »OneBalance Raises $20M Series A to Streamline Bitcoin Cross-Chain Transactions
Binance Futures has expanded its altcoin derivatives offerings with the launch of perpetual contracts for TAIKO (TAIKOUSDT) and SQD (SQDUSDT). These new contracts allow traders to utilize leverage of up to 50x. Both contracts are margined and settled in USDT,… Read More »Binance Futures Launches TAIKO and SQD Perpetual Contracts with 50x Leverage
Spot Ethereum exchange-traded funds recorded $125 million in net inflows on Tuesday, marking the highest single-day figure since early February. This surge coincided with Ethereum’s price surpassing $2,800 for the first time in nearly four months, signaling heightened institutional confidence.… Read More »Spot Ethereum ETFs Net $125M Inflows as ETH Breaks $2,800 on Regulatory and Technical Optimism
Connecticut has implemented a ban on the use of cryptocurrencies within all state government operations through the enactment of House Bill 7082 (HB7082). The legislation explicitly prohibits state agencies from using, accepting, or investing in cryptocurrencies. This move reflects a… Read More »Connecticut Bans Cryptocurrency Use in State Government Operations
Circle Internet Financial (CRCL) recorded explosive growth following its public debut, with shares surging nearly 260% on the strength of its flagship USDC stablecoin revenue model and scalable business infrastructure. Analysts suggest key resistance levels loom at $118 and $123… Read More »Circle Stock Skyrockets 260% Post-IPO Amid Divergent Trends for Robinhood and GameStop
Financial technology giant Stripe is significantly advancing its digital asset strategy by reportedly nearing the acquisition of Privy, a crypto wallet infrastructure startup. The move aims to empower businesses with seamless cryptocurrency integration capabilities. This potential acquisition builds upon Stripe’s… Read More »Stripe Targets Privy Acquisition to Streamline Business Crypto Integration
Nasdaq has submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list the 21Shares SUI exchange-traded fund (ETF). This regulatory step initiates the review process for an investment product directly tied to the SUI… Read More »Nasdaq Files for 21Shares SUI ETF, Signaling Institutional Adoption of Sui Blockchain
VivoPower International has partnered with Flare Network to deploy $100 million in XRP, establishing the XRPFi standard for institutional yield generation and compliant treasury management. The strategic shift moves VivoPower toward an XRP-centric treasury model utilizing Flare’s protocols to create… Read More »VivoPower Deploys $100M XRP via Flare Network, Launches XRPFi Standard for Institutional Treasuries
Bank of America is reportedly developing its own stablecoin, marking a significant entry by a major traditional financial institution into the digital currency space. This initiative reflects growing institutional interest in blockchain technology and aims to harness benefits such as… Read More »Bank of America Developing Proprietary Stablecoin in Major Banking Sector Move
Threshold Network has deployed its decentralized Bitcoin wrapper tBTC on Starknet, Ethereum’s zero-knowledge-rollup scaling layer, significantly expanding Bitcoin’s utility in decentralized finance applications. The integration leverages Starknet’s zk-rollup technology to enable faster, cheaper transactions, allowing Bitcoin holders to directly access… Read More »tBTC Launches on Starknet to Unlock Bitcoin’s DeFi Potential via zk-Rollups
Former President Donald Trump publicly acknowledged Elon Musk’s apology for past remarks, describing the gesture as commendable. This follows Musk issuing a public apology on social media platform X, admitting that his previous comments about Trump were excessive. The interaction… Read More »Trump Commends Musk’s Apology, Highlighting Impact on Crypto Market Sentiment
The Blockchain Group has received shareholder approval to raise over $11 billion for a strategic Bitcoin acquisition, marking a significant escalation in institutional cryptocurrency investment. This substantial capital raise, intended specifically for purchasing Bitcoin, underscores the growing institutional confidence in… Read More »Blockchain Group Secures $11 Billion for Bitcoin Acquisition, Bolsters Leadership
Bitcoin maintained a stable price trajectory as several key macroeconomic factors converged, offering support to the cryptocurrency market. This stability coincides with recent data indicating signs of cooling inflation within the United States, easing some investor concerns about prolonged high… Read More »Bitcoin Holds Steady Amid Cooling Inflation, Trade Talk, and Rate Cut Hopes
ETHENA has commenced testing for trading pairs denominated in its native stablecoin USDE on the HIP-3 test network. This development marks an expansion of the platform’s trading infrastructure as part of its ongoing blockchain development initiatives.
Moody’s Corporation is exploring the integration of municipal bond credit ratings on the Solana blockchain through a new pilot project. The initiative aims to leverage Solana’s immutable ledger capabilities to issue real-time, tamper-proof credit insights, enhancing transparency and accessibility in… Read More »Moody’s Pilots Tokenized Municipal Bond Ratings on Solana Blockchain
Financial technology leader Stripe has entered into an agreement to acquire Privy, a provider of cryptocurrency wallet infrastructure. The acquisition, reported by Bloomberg, signals Stripe’s continued strategic push into the cryptocurrency and blockchain space. Privy offers tools that enable developers… Read More »Stripe to Acquire Crypto Wallet Provider Privy in Strategic Fintech Move
A prominent institutional investor has conducted a third significant Ethereum (ETH) swing trade, purchasing 15,000 ETH for $42.3 million. The transaction, executed using $42.3 million USDC, resulted in an average purchase price of $2,820 per ETH. This latest move follows… Read More »Institutional Investor Executes Third ETH Swing Trade After $30M Profit Streak
Scott Bessent has emerged as a potential candidate for Federal Reserve Chair, drawing significant market attention due to his background in economic reform and financial strategy. Market participants are closely monitoring the situation for indications of potential shifts in monetary… Read More »Potential Fed Chair Candidate Scott Bessent Sparks Market Volatility Amid Policy Shift Concerns