On June 11, PayPal announced plans to launch its U.S. dollar-backed stablecoin, PayPal USD (PYUSD), on the Stellar blockchain network, pending regulatory approval from the New York State Department of Financial Services. If approved, the move would mark the expansion of PYUSD
Bitcoin mining firm, BTC Digital (BTCT), has moved $1 million of company cash into ether (ETH), which it called its new “digital gold.” BTCT Moved $1M Into Ethereum Reserve, chief executive officer Siguang Peng said in a press release, adding that Ethereum
12 minutes. That’s how long it took for Pump.fun’s token offering to raise roughly $500 million from retail investors across various exchanges, including Bybit, Kraken, and KuCoin. The sale priced 125 billion tokens at $0.004 apiece, implying a $4 billion fully diluted
Tether has announced it will wind down USDT on five lesser-used blockchains after usage on those networks wanes. Redemptions and token minting on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand are set to stop on Sept. 1, 2025.
Coinbase broke with its usual blue logo on X, posting a Pudgy Penguins non-fungible token as its profile picture alongside the quip “new pfp, who dis.” Minutes later, PENGU, the native token of the penguin-themed ecosystem, started surging. The token rose more
Major cryptocurrencies, excluding XRP, registered moderate losses as President Donald Trump announced fresh tariffs on imports from Mexico and the European Union (EU). The President slapped 30% levy on the two trading partners, which will take effect from Aug. 1, according to
At the time of writing bitcoin (BTC) is hovering around the $118,000 level, flirting with the idea of setting a new all-time high this weekend. On Friday, Bloomberg Senior ETF Analyst Eric Balchunas noted on X that BlackRock’s spot Bitcoin ETF (IBIT)
Bitcoin’s rally to $120,000 this week has sparked a broader breakout across major crypto assets, with ether (ETH), Solana’s SOL, XRP, and dogecoin (DOGE) all posting high single-digit percentage gains. However, this time, price action isn’t just about momentum, as traders claim
What to know: DOGE advanced 8.6% from $0.198 to $0.213 between July 11 06:00 and July 12 05:00 before closing at $0.202 — a full retracement of its intraday gains. Trading volumes surged past 1.1B during the 13:00–15:00 session, establishing resistance between
What to know: XRP rallied 8% from $2.58 to $2.78 between July 11 06:00 and July 12 05:00, with an intraday high of $2.96 at 15:00 before retracing. Afternoon price action saw exceptional volume — over 375M between 13:00–15:00 — with buyers