PayPal is diving deeper into the crypto world. In a Thursday announcement, the payments giant said that U.S. customers could now buy digital coins and tokens like Bitcoin and Ethereum on MoonPay using their Venmo accounts. Venmo is a popular mobile payments app owned by PayPal. MoonPay is a platform allowing people to buy, sell, or swap digital coins and…
Month: October 2024
Bitcoin bears turn ‘giddy’ at prospect of sub-$60K BTC price
Analysts say Bitcoin price pullbacks “will happen” and suggest that traders avoid impulsive trading. Source: https://cointelegraph.com/news/bitcoin-bears-turn-giddy-at-prospect-of-sub-60-k-btc-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Better Know a Crypto Candidate: Kari Lake
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain. Source: https://cointelegraph.com/news/crypto-candidate-kari-lake-senate-arizona?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stripe in talks to acquire stablecoin platform Bridge — report
Stablecoins pegged to the United States dollar have outpaced Bitcoin as a store of value in developing countries with runaway inflation. Source: https://cointelegraph.com/news/stripe-talks-acquire-stablecoin-platform-bridge-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
QCP Capital Reports Bitcoin Lifted by Spot Demand—What Analysts Are Watching Next
Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $68,000 before settling at $67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into exchange-traded funds (ETFs), with analysts pointing to a growing wave of optimism in the market. Bitcoin Inches Toward Record […] Source: https://news.bitcoin.com/qcp-capital-reports-bitcoin-lifted-by-spot-demand-what-analysts-are-watching-next/
Bitcoin price drops under $67K as investors chase profit in stocks
Bitcoin pulled back from its range high as investors moved to greener pastures, but a possible misstep by the SEC could benefit BTC. Source: https://cointelegraph.com/news/bitcoin-price-drops-to-67k-as-investors-chase-profit-in-stocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HUMBL issued US patent for blockchain payments technology
The company’s CEO described getting a blockchain patent in the US as “a very challenging process.” Source: https://cointelegraph.com/news/humbl-issued-us-patent-blockchain-payments-technology?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA. Source: https://cointelegraph.com/news/eu-mica-crypto-regulations-cyprus-cysec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxis Teams Up With TV Show ‘Killer Whales’ to ‘Empower Creators’
Galaxis, a Web3 SocialFi platform designed to create “unstoppable communities,” has announced a partnership with Web3 entertainment ecosystem HELLO Labs to “empower creators” through high-stakes crypto reality show “Killer Whales.” The collaboration, which will see Galaxis sponsor “Killer Whales” Season 2 and beyond, will provide the firm with a “global platform” to showcase how creators can “leverage our Web3 infrastructure…
Bitcoin ETFs Race Past $20 Billion Milestone in Just 10 Months
The numbers don’t lie: The Bitcoin exchange-traded funds (ETFs) approved in January have been wildly popular. Data from Farside Investors shows that total net inflows for Bitcoin ETFs have now hit $20.2 billion. And that’s even accounting for the $20 billion that has fled from Grayscale’s fund. In the ETF world, flows are the amount of money coming in and…