🔍 Market Summary

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YouTube enables PYUSD stablecoin payouts for US creators: Report

YouTube enables PYUSD stablecoin payouts for US creators: Report

Video-sharing giant YouTube has reportedly enabled US-based creators to accept payouts in PayPal’s stablecoin, PYUSD. Fortune reported on Thursday that PayPal’s head of crypto, May Zabaneh, said the feature is live, but only for users in the US. The firm integrated the ability for recipients to acce…

Coinbase's Armstrong Angers Bitcoin Maximalists by Praising Ethereum's Buterin

Coinbase's Armstrong Angers Bitcoin Maximalists by Praising Ethereum's Buterin

Coinbase CEO Brian Armstrong has heaped praise on Ethereum co-founder Vitalik Buterin in his recent social media post. The Ethereum whitepaper was published 12 years ago today.Ethereum changed the course of crypto by giving builders greater tools - including a Turing complete language!Shoutout to @V…

Crypto-Treasury Stocks Face a Reckoning — Barron's

Crypto-Treasury Stocks Face a Reckoning — Barron's

Companies have plowed funds into digital assets. Now plunging stock and token prices are testing their strategy. By Adam ClarkThe boom in companies holding large stocks of cryptos has been a hot play this year, but that trade is now at risk of imploding and dragging down the rest of the sector with …

Binance's CZ Names True Size of His Wealth, Says: ‘Just The Beginning’

Binance's CZ Names True Size of His Wealth, Says: ‘Just The Beginning’

Binance founder Changpeng Zhao, CZ, has responded to a tweet, making an adjustment about the size of his net worth.He also commented on his biography, which was shared in brief by a crypto enthusiast, starting from CZ’s childhood.CZ’s path from poverty to billionaire statusThe @Crypto_Jargon X accou…

XRP ‘cycle target’ is $20, Strategy Bitcoin lawsuit dismissed: Hodler’s Digest, Aug. 24 – 30

XRP ‘cycle target’ is $20, Strategy Bitcoin lawsuit dismissed: Hodler’s Digest, Aug. 24 – 30

Top Stories of The WeekEther ETFs hit $13.7B as inflows surge and corporate treasuries growEther spot exchange-traded funds (ETFs) have seen steady growth since their US debut in July 2024, while corporate treasuries tied to the token are also on the rise.Inflows into Ether funds climbed 44% this mo…

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

Grayscale Welcomes Barry Silbert Back As Chairman Ahead Of US IPO

Barry Silbert has made a notable return to Grayscale Investments, the asset management company and crypto exchange-traded fund (ETF) issuer, as chairman, just weeks after the crypto asset manager filed confidentially for an initial public offering (IPO) in the US. Silbert, who founded Grayscale in 2…

 Bitcoin lacked mass media coverage in Q2: Report

Bitcoin lacked mass media coverage in Q2: Report

Mainstream media coverage of Bitcoin and crypto in the second quarter was polarized and lacking in volume despite the cryptocurrency reaching an all-time high, says market intelligence firm Perception.There were a total of 1,116 articles published by 18 mass media outlets in the second quarter, whic…

Noah raises $22 million in seed funding to build its global stablecoin payment network

Noah raises $22 million in seed funding to build its global stablecoin payment network

Stablecoin infrastructure platform Noah has raised $22 million in a seed funding round led by London-based venture capital firm LocalGlobe, the project announced on Tuesday.Felix Capital and FJ Labs also participated in the round alongside angel investors including Palantir co-founder Joe Lonsdale, …

Bitcoin Skyrockets Past $108,000 Amid US-China Tariff Discussions

Bitcoin Skyrockets Past $108,000 Amid US-China Tariff Discussions

The market’s leading cryptocurrency, Bitcoin (BTC), experienced a notable spike on Monday, surging past the $108,000 mark after a period of consolidation between $100,000 and $106,000 for the past week. This surge comes as key officials from the United States and China prepare for critical trade neg…

Revolut eyes French license and $1.1B expansion amid EU growth

Revolut eyes French license and $1.1B expansion amid EU growth

Revolut, a European neobank with crypto support, plans to invest more than 1 billion euro ($1.1 billion) in France and apply for a local banking license.According to a May 19 Fortune report, Revolut representatives announced the initiative during the Choose France business summit hosted by President…

Top Ripple Exec Claims He Sold Stocks to Harvest Losses

Top Ripple Exec Claims He Sold Stocks to Harvest Losses

David Schwartz, the chief technology officer at Ripple, recently revealed that he had sold his stocks at a loss on Friday for the purpose of tax-loss harvesting.The prominent Ripple executive also bought other stocks that he likes as much to maintain his exposure to the market.Schwartz says that he …

Bitcoin Price On The Verge Of 15% Breakout As Analyst Spots This Formation

Bitcoin Price On The Verge Of 15% Breakout As Analyst Spots This Formation

Bitcoin’s price is reaching a pivotal moment as it coils within a tightening triangle pattern that could soon resolve in a dramatic breakout. The ongoing consolidation around $80,000 to $85,000 is part of a classic technical setup that can cause strong directional moves in the market. Notably, this …