The Hong Kong Police have arrested six people linked to the halted cryptocurrency exchange JPEX, after receiving a significant amount of fraud complaints. Yesterday, JPEX suspended transactions on its Hong Kong platform, attributing the action to what it perceives as “unfair treatment by relevant institutions,” placing responsibility on its third-party market makers. JPEX Receives A […]

Former Goldman Sachs executive Raoul Pal says that Solana (SOL) is one of his top altcoin picks and is potentially the most promising project outside of Ethereum (ETH). In a new interview with Altcoin Daily, the Real Vision founder says Solana co-founder Anatoly Yakovenko, commonly referred to as Toly, is becoming an important thought leader […]

Binance.US‘ weekly trade volume has plunged dramatically from an annual high of nearly $5 billion to a mere $40 million, crypto data firm Kaiko tweeted on Sep 18. This drop was exacerbated in June by extensive charges filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its affiliates. The SEC accused Binance […]

Optimism could target $1.50 or more ahead of the Fed decision, presenting a likely extra gain to bulls.

A federal magistrate judge has denied the SEC’s request to gain immediate access to Binance.US’s software, asking the regulator to provide more specific requests for discovery.

Bitcoin’s last all-time high was $69,000 in November 2021; as of September 2023, it’s been 22 months since that peak. While estimating what price Bitcoin could reach next can be very useful, it’s also important to estimate when a new peak could occur. History suggests this may still be some time away, as analysis shows […]

Ripple’s XRP has mostly been touted as a means for cross-border payments part of the XRP Ledger. But it appears that people have found some interesting, unexpected, and, quite frankly, rather cool uses of the cryptocurrency. It’s worth noting, though, that other coins, such as BTC and ETH, would probably do a similarly good job […]

When PayPal unveiled PYUSD last month, it highlighted the stablecoin’s potential for payments on a global scale. But the token’s first transparency report suggests its adoption has a long way to go—despite PYUSD being up against competitors with problems of their own. The company that issues PayPal’s stablecoin, Paxos Trust, said it held $45.3 million […]

Only a few days before this episode, Ripple also cracked a new partnership, one that can help further increase the blockchain’s adoption in Asia.

PYUSD’s $44 million market capitalization suggests the stablecoin’s initial adoption has been slow so far.