|

XRP Gains Wide Recognition as One of the Largest Crypto Assets

XRP continued to see significant success following Judge Analisa Torres’ ruling, which granted it unique status following her declaration that the token is not a security. One such recorded success is the latest recognition of XRP by the Hong Kong Virtual Asset Consortium (HKVAC) in its latest crypto index rankings. HKVAC lists XRP among top…

| |

US stocks rise for third day in a row as bond yields fall

Stocks in the United States rose for the third day in a row as the market continues to assess the effect of the conflict between Israel and Hamas. Bond yields fell because investors wanted the safety of U.S. Treasury bonds, and this drop in yields helped boost the stock market. Today was the first day…

| | |

Ripple Gets License Formally Approved in Singapore

Ripple’s Singapore division has obtained a license as a major payments institution from the Monetary Authority of Singapore, the company said, allowing it to continue providing digital payment token services in the fast-growing region. It is the second good news for Ripple in the last eight hours. “Singapore has emerged as a leading fintech and…

| | |

Ethereum generates over $10 billion in revenue in 7 years

Ethereum, the world’s most valuable smart contract platform, has generated more than $10 billion in revenue in a record seven years. At this rate, Ethereum reached this milestone faster than most major technology companies except Alphabet. Ethereum Reached $10 Billion Milestone Faster Than Microsoft and Zoom Records showed that Ethereum took about seven years to…

| |

Bybit adds PayPal USD stablecoin, PYUSD, to its platform

Bybit, a Dubai-based cryptocurrency exchange, announced the listing of the PayPal USD stablecoin, PYUSD. PYUSD is a stable coin issued by Paxos, a regulated financial company based in New York. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two leading players in the traditional and crypto payments sectors. By integrating PYUSD…

| | | |

PayPal Allows US Users to Sell Cryptocurrencies Through MetaMask Wallet

PayPal continues to expand its digital asset services, integrating new methods of selling cryptocurrencies like Bitcoin. Global payments giant PayPal continues to expand its digital asset services by integrating new methods of selling cryptocurrencies like Bitcoin (BTC). On September 11, PayPal officially introduced new on- and off-ramps for Web3 payments, allowing US users to convert…

| | | |

Bitcoin Gold Investments – bitcoingoldinvestments.net

The demand for Bitcoin Gold Investments has risen substantially as investors increasingly seek safety from paper investments through precious metals. As an alternative to floundering stocks and real estate investments both gold and silver have flourished over the last nine years. This higher demand for gold based assets has increased both metals values by more…

| | |

Bitcoin falls below $26,000 in crypto market turmoil; $1 Billion Liquidated Amid Major Currency Slumps

Bitcoin value briefly dipped below the $26K threshold at 5:50 PM. ET on Thursday before quickly breaking above the $26,000 benchmark. At the same time, the expansive cryptocurrency backdrop saw an 8% drop against the US Dollar, teetering dangerously close to falling below the $1 trillion threshold. Additionally, a staggering $1 billion worth of derivatives…

| | |

Custodia Bank Goes Live: Merging Digital Assets with US Dollar Payments

Banco Custodia is now available, a financial institution that aims to link digital assets to the payment system in US dollars. Last month, Custody began serving external business clients in select US states, offering US dollar deposits and government money market fund services, with bitcoin custody pending launch. The launch comes after overcoming regulatory pressures…