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US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
29.4.2024
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult
Circle’s USDC overtakes Tether’s USDT in stablecoin transactions: Visa
29.4.2024
Despite Circle's rising transaction count, Tether's USDT still accounts for over 68% of the entire stablecoin market
Solana Price Prediction as SOL Drops 5% Overnight – What’s Going On?
29.4.2024
Solana plunges 5% to $135, teetering at a critical pivot of $133.77—its next moves could redefine market sentiments and price trajectories.
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Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
29.4.2024
Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S. dollar. Proposed deterrents include export controls, currency manipulation charges, and tariffs. Trump remains committed to preserving the U.S....
Binance wants the court to know US government’s position on USDC
26.4.2024
The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC
Cboe reorganization will merge or eliminate digital arm’s activities
26.4.2024
The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
26.4.2024
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving...
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
11.4.2024
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
10.4.2024
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing...
XRP Price Prediction as XRP Consolidates at $0.60 – Massive Price Surge Incoming?
9.4.2024
XRP shows resilience at $0.60, with its price poised for growth amid favorable market conditions and potential regulatory advancements in the U.S.
The post XRP Price Prediction as XRP Consolidates at $0.60 – Massive Price Surge Incoming? appeared first on Cryptonews
Dogecoin Price Prediction as DOGE Becomes 7th Most Traded Crypto in the World – $10 DOGE Possible?
7.4.2024
Dogecoin's ascent to $0.20 and a 12% surge in 24 hours spotlight its potential. As the 7th most traded crypto, could $10 DOGE be on the horizon?
The post Dogecoin Price Prediction as DOGE Becomes 7th Most Traded Crypto in the World – $10 DOGE Possible? appeared first on Cryptonews
Paypal Integrates PYUSD for International Transfers on Xoom
4.4.2024
On Thursday, Paypal disclosed that users of Xoom now have the capability to utilize the company’s stablecoin PYUSD for conducting international cross-border transactions. Beginning on April 4, this feature was made accessible to users in the U.S., enabling them to transfer PYUSD...
Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems
4.4.2024
Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In a statement released on Thursday, Ripple revealed...
Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
27.3.2024
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...
Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility
14.3.2024
In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets...
Despite Crypto Uptick, Paypal’s PYUSD Stays Quiet in the Top Ten Stablecoin Race
11.3.2024
In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency...
Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Can DOGE Overtake Bitcoin?
9.3.2024
Surging into the top 10, Dogecoin's remarkable ascent to $0.1760 ignites discussions on its potential to challenge Bitcoin's dominance in the crypto realm.
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Ethena’s USDE Yield Hits 67%, Outpacing Most Stablecoin Returns
8.3.2024
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in...
Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850?
7.3.2024
MicroStrategy's bold $700M investment and Arizona's ETF proposal stir the Bitcoin market, hinting at a bullish horizon above the crucial $64,850 mark.
The post Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850? appeared first on Cryptonews
Bitcoin Price Prediction as Billionaire Michael Saylor Plans to Raise $600M to Buy More Bitcoin – Here’s the Latest
5.3.2024
Microstrategy's $600M move to buy more Bitcoin stirs the market, as Michael Saylor's strategy bolsters Bitcoin as the premier investment choice.
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