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Biggest Movers: SHIB Climbs to 4-Month High, as Meme Coins Rally on Saturday


Shiba inu surged to a multi-month high on Saturday, as the meme coin extended its recent run of bullish momentum. The rally began as a result of the hopes surrounding its upcoming layer 2 launch. Dogecoin also extended recent gains to start the weekend. Shiba Inu (SHIB) Shiba inu (SHIB) was one...

Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments


Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...

SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz


Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts at Blackrock, the world’s largest asset manager, and investment...

Circle announces the launch of Programmable Wallets


Circle has announced launching Programmable Wallet, its first product in the Web3 product line. As the name suggests, a Programmable Wallet is one where developers are in control over the features and other aspects of the Wallet. They can choose to customize the features depending on their...

Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD


Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...

X Will ‘Never’ Launch a Crypto Token, Says Musk


Tech investor Elon Musk said that his social media platform X, formerly Twitter, will never launch its own cryptocurrency token. He made the statement in response to a post by a user of the networking service warning about fake coin projects exploiting Musk’s name and that of the platform. Elon...

Biggest Movers: SHIB Surges to 3-Month High to Start the Weekend


Shiba inu was a notable gainer during Saturday’s session, as the meme coin climbed to a three-month high. The move comes as traders continue to react to Binance’s decision to approve the coin as a collateral asset, in addition to the upcoming launch of Shibarium. Dogecoin also snapped its recent...

Base Opens Ethereum Bridge, Mainnet to Launch August 9


Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...

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