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PayPal has officially confirmed its preference for the Solana blockchain over Ethereum for launching its stablecoin, PYUSD. José Fernández da Ponte, head of PayPal’s Blockchain, Crypto, and Digital Currencies business unit, cited the Ethereum network's shortcomings in facilitating effective payment solutions as a key reason for this decision.

Bitcoin, the pioneer of cryptocurrencies, has significantly altered our perceptions of money, decentralized finance, and peer-to-peer transactions. However, as Bitcoin's popularity surged, its inherent scalability issues became increasingly apparent.

On September 19, Hut 8 Mining Corp., a leading cryptocurrency mining company, announced a significant partnership with hardware manufacturer Bitmain to introduce the new ASIC miner model U3S21EXPH.

Arthur Hayes, the co-founder of BitMEX, has made headlines again with a significant move in the cryptocurrency market. Recently, he deposited a substantial amount of $PENDLE tokens, specifically 350,010 tokens worth approximately $1.26 million, to major exchanges Binance and Bybit.

The gaming landscape is evolving, and the introduction of the Play Solana handheld device is a significant leap forward. Powered by the Solana blockchain, this innovative gadget is more than just a gaming console; it represents the future of gaming through the lens of Web3 technology.

Avalanche (AVAX) is making waves in the cryptocurrency market as renowned trader Captain Faibik predicts a significant price increase.

Pepe (PEPE) has captured the attention of traders this week with a significant upward movement following its successful breakout above a descending trendline and a critical resistance level.

Nosana is poised to revolutionize the landscape of artificial intelligence with the upcoming launch of its mainnet on January 14, 2025.

Solana (SOL) is making waves in the cryptocurrency market, climbing an impressive 10% on Thursday. This surge comes after SOL broke above a crucial resistance level, reigniting bullish sentiment among investors and traders who believe the cryptocurrency is poised for higher price targets in the near future.

In a remarkable turn of events within the WIF ecosystem, a prominent whale has garnered attention by borrowing $4.5 million in USDC from Kamino Finance to acquire an impressive 2.55 million $WIF tokens at an average price of $1.76.

Tether, the company behind the world’s largest stablecoin, has announced a significant investment of $1.5 million in Sorted Wallet, a financial technology platform designed to improve accessibility to cryptocurrencies for underserved populations in Africa and South Asia.

Bitcoin (BTC) is making headlines as it dominates the charts with a staggering $75 million in liquidations following a 2.9% price increase. Currently trading around the $62,000 mark, Bitcoin’s recent price action has led to significant market movements.