PayPal’s PYUSD Stablecoin Reaches Market Cap of $290 Million.
The market cap of PYUSD jumped 70% from $170 million in the last month. With this, PayPal is now one of the top 10 stablecoin issuers. Launched in August via…
Algorand Investors Face Setbacks, 88% of ALGO Holders in Loss: Analysis
Algorand’s challenges are not affecting the network’s usage and transaction volume, which are rising. Proof-of-stake blockchain network Algorand appears to be in a rough season as on-chain metrics show that…
Bitcoin Dumps To $42,000 Triggering $338 Million In Liquidations.
Bitcoin’s spot ETF approvals prove to be a sell the news event amid a 10% daily drop for the crypto asset. Bitcoin plummeted 10% below $42,000 on Friday, triggering $338…
Retail Gaming Giant GameStop Pulls the Plug on NFT Marketplace.
The platform will stop functioning as of February 2, 2024.This does not affect the accessibility or trading of the NFTs that are minted on blockchains.Having launched its NFT marketplace about…
After Bitcoin, Will the SEC Greenlight Spot Ethereum (ETH) ETF This Year?
The majority of the crypto community sees an ETH ETF coming live in the US this year.The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this…
Bitcoin Faces Severe Selling Pressure as Downtrend Intensifies.
At the time of writing, Bitcoin is trading at $42,717, down 7.15% in the last 24 hours.If the price manages to go below $41,940 then it will likely decline further…
U.S SEC Chair Gary Gensler Speaks Up on Spot Bitcoin ETF Decision
Explaining the SEC’s stance change on bitcoin ETFs was a tough assignment for Gensler. Things “have changed,” he said, during an interview with CNBC.Commenting on the reasons for the SEC’s…
Hackers discover new way to access your Google accounts without a password. See how.
‘Exploit enables continuous access to Google services, even after a user’s password is reset,’ researcher warns Security researchers have uncovered a hack that allows cyber criminals to gain access to…
Bitwise to Donate 10% of Bitcoin ETF Profits to BTC Open-Source Development.
Bitwise plans to direct earnings from its Bitcoin ETF to Brink, OpenSats, and Human Rights Foundation.Bitwise, the manager of a cryptocurrency index fund, has disclosed its commitment to contribute 10%…
South Korea Maintains Stance Against Crypto ETFs Despite US Spot Bitcoin ETF Approval.
According to the FSC, South Korea maintains strict regulations on crypto to stabilize the financial market and protect investors.In the wake of the recent approval of spot Bitcoin exchange-traded fund…