PayPal USD (PYUSD), the stablecoin associated with the American financial technology giant PayPal Holdings Inc. is exploring an avenue to get integrated into the decentralized lending protocol Aave. PayPal Stablecoin Eyes DeFi Embrace PayPal stablecoin was launched in August as the company that embraced crypto trading a couple of years back sought to deepen its […]

Recently, the price of XRP witnessed a significant surge, accompanied by the movement of a substantial amount of XRP coins. According to data from the blockchain tracker Whale Alert, approximately 42.6 million XRP tokens were transferred in two transactions. In the first transaction, 18.5 million XRP, valued at $11.49 million, was sent to Bitso, a […]

The latest quick additional comments to some spot Bitcoin ETF issuers’ S-1 submissions by the U.S. Securities and Exchange Commission (SEC) raising concerns in the crypto market, while people still hope for a spot Bitcoin ETF approval this week. The final deadline for the SEC to decide on Ark 21Shares spot Bitcoin ETF is on […]

Circle, the issuer of the prominent stablecoin USDC, announced a significant development in its collaboration with financial giant BlackRock. On April 11, Circle unveiled a novel smart contract functionality. This technology facilitates the transfer of shares from BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) to Circle in exchange for USDC. This initiative marks a pivotal […]

The cryptocurrency market is back on recovery sentiment as the procedure of spot Bitcoin ETFs is progressing steadily. On Tuesday, BlackRock, VanEck, Ark Invest, and other applicants filed revised S-1 forms with the U.S. Securities and Exchange Commission (SEC), seeking approval for their respective spot bitcoin exchange-traded funds (ETFs). Amid the positive sentiment, the Helium […]

Bitcoin and Ethereum prices rebounded slightly but are still under selling pressure as price momentum fades as Bitcoin and Ethereum options worth nearly $2.5 billion are set to expire today. The volatility ahead of Bitcoin halving has increased as traders are pricing low upside momentum amid headwinds such as macro and selling by whales. Bitcoin […]

As investors scratch their heads, wondering whether it is a good time to buy Bitcoin and crypto or look elsewhere for opportunities, some top altcoins are standing out, and promising outsized returns after the Securities and Exchange Commission (SEC) approves spot BTC exchange-traded funds (ETFs) in the US. Bitcoin Price To Lead ETF-Driven Rally Bitcoin showed substantial […]

ONDO, the native cryptocurrency of Ondo DAO, has been making strong moves in the crypto space. The ONDO price has regained momentum once again gaining 8% over the last week and currently trading at $0.82. Some market analysts are expecting this rally to continue with a potential of 50-60% gains going ahead. What’s Behind the […]

XRP, a prominent cryptocurrency backed by Ripple Labs, once again curated a cyclone of speculations across the broader crypto market on Wednesday, following significant whale transfers noted by the token. As per on-chain data surfacing over the crypto horizon, two whale transactions collectively shifted over 63 million XRP to and fro from exchanges. This seems […]

A new amendment dubbed fixNFTokenReserve has been activated on the XRP Ledger (XRPL) mainnet, marking a significant milestone for the decentralized public blockchain.  fixNFTokenReserve Scales Through Dominant XRPL explorer XRPScan confirmed that the activation of the amendment took place at around 12:21 UTC on April 12. It was released in version 2.1.0. Like other proposals […]