Author: Crypto Editor
PayPal provides Arbitrum community, making PYUSD funds sooner and cheaper. Arbitrum joins Ethereum, Solana for broader PayPal stablecoin community attain. Unified stability on PayPal, Venmo retains PYUSD easy and sensible. PayPal is taking one other large step on the earth of digital currencies. The corporate has expanded its US greenback stablecoin, PYUSD, to the Arbitrum community. The implication is that people will now be capable of use PYUSD on Arbitrum in addition to Ethereum and Solana. The information was revealed on 16 July when PayPal modified its cryptocurrency phrases of use. Arbitrum Joins Ethereum, Solana for PayPal Stablecoin Within the…
World Liberty Monetary’s WLFI token holders overwhelmingly supported a governance proposal to make the token tradable, and it closed right this moment. There are just a few lingering questions in regards to the rollout, however WLFI is coming into a brand new period. The Trump household and different founders will keep a option to revenue from this association, as their tokens received’t be unlocked within the first spherical. This might allow a future sale after retail traders drive WLFI’s value up. WLFI To Turn out to be Tradable President Trump has a number of crypto ventures, however World Liberty Monetary…
Trump advised firing Fed Chair Powell to GOP lawmakers, then denied the declare publicly the subsequent day. He’s annoyed with Powell’s rate of interest coverage and the Fed’s $2.5 billion renovation venture. Authorized specialists say Trump seemingly lacks the authority to fireplace Powell until there’s proof of misconduct. President Donald Trump reignited hypothesis over Federal Reserve Chair Jerome Powell’s future this week, first suggesting to lawmakers that he would possibly take away Powell from his submit—after which backtracking the subsequent day. The conflicting remarks have stirred confusion amongst policymakers and market observers alike. Behind Closed Doorways: Lawmakers Assist Powell’s Removing…
Key Takeaways Tether minted $2 billion USDT on Ethereum, pushing its whole provide previous $160 billion. $1 billion of the brand new USDT was despatched to Binance as bitcoin hit a brand new all-time excessive. Tether’s reserves now embody over $127 billion in US Treasurys, making it a prime world debt holder. Tether, the world’s largest stablecoin issuer, has minted $2 billion in USDT on the Ethereum blockchain, bringing its whole provide to a document excessive above $160 billion. Surge follows bitcoin rally The most recent minting comes as bitcoin reached a brand new all-time excessive above $120,000, signaling intensified…
PayPal has expanded its stablecoin, PayPal USD (PYUSD), to the Arbitrum community, marking a key step in its technique to combine with sooner, extra cost-efficient blockchain infrastructure.The replace was quietly revealed in PayPal’s revised phrases of service on July 16, 2025, which now listing Arbitrum alongside Ethereum and Solana as supported networks for PYUSD. The inclusion of Arbitrum—a number one Layer 2 resolution identified for low charges and excessive throughput—brings PYUSD to a broader person base. Based on the brand new coverage language, Paxos will proceed issuing PYUSD on all three networks. Further updates make clear buying and selling limits…
Bonk is again within the highlight after a robust rally this July. The Solana-based meme coin surged greater than 20% in simply seven days, pushing its market cap to a powerful $2.9 billion. $BONK now ranks because the fourth-largest meme coin behind solely Dogecoin, Shiba Inu, and Pepe. With Bonk Bot income not too long ago hitting over $1 million in a single day, group engagement booming, and a large token burn on the horizon, some analysts imagine $BONK might be the perfect meme coin to purchase now and probably flip $PEPE in the course of the subsequent market rally.…
Bitcoin spent about 9 months caught under $110 Okay earlier than lastly pushing previous that ceiling this month. The transfer as much as $123,000 exhibits actual shopping for energy. In accordance with EliteOptionsTrader, a crypto professional, many buyers see this as the beginning of one thing greater. Associated Studying Key Catalysts Driving The Surge Primarily based on examination by EliteOptionsTrader, one of many largest components is the potential approval of a spot Ethereum ETF. Bitcoin’s personal ETFs have pulled in billions from main establishments, and a greenlight for Ethereum might ship extra money into crypto general, lifting Bitcoin additional. The US…
Ethereum (ETH), the main altcoin, topped the $3,300 degree for the primary time since Feb. 1 earlier as we speak on the Bitstamp alternate. The highest cryptocurrency reached an intraday peak of $3,371, surging by 7%. The altcoin has considerably outperformed Bitcoin over the previous two days, with the ETH/BTC pair hovering by a whopping 15%. The pair has now surpassed 0.028 BTC, which is the very best degree since February. In keeping with Lookonchain, a significant whale just lately closed all ETH shorts earlier than being liquidated, shedding a whopping $8.4 million in a single day. General, greater than $56 million of ETH…
An analyst from one of many largest asset managers in crypto is outlining the important thing drivers behind Bitcoin’s (BTC) historic bull run. Matthew Sigel, the pinnacle of digital belongings analysis at VanEck, says on the social media platform X that BTC is now up 30% year-to-date, outpacing gold (+27%), the MSCI ACWI (+11%) and the S&P 500 (+7%). “This rally displays deepening institutional engagement, favorable macro circumstances, and rising coverage readability.” Sigel notes that company treasuries are driving internet demand, having purchased greater than 300,000 BTC this yr, greater than double the quantity absorbed by spot Bitcoin exchange-traded funds…
Financial institution of America is taking early steps to discover stablecoins as a method to modernize its fee techniques and deal with trillions of {dollars} in consumer transactions extra effectively, the lender’s CEO, Brian Moynihan, mentioned throughout the financial institution’s second-quarter earnings name on July 15.Moynihan emphasised that the agency’s present focus is on utilizing stablecoins “as a transactional machine,” noting their potential to streamline how cash strikes by the financial institution’s infrastructure every day.He added that the financial institution has already executed substantial groundwork and is evaluating how scalable the chance could also be throughout varied transaction varieties.Whereas the…