Global

In a significant advancement for digital currencies, PayPal has completed its first business payment using its proprietary stablecoin, PYUSD. This landmark transaction, reported by Paige Smith for Bloomberg News, took place on September 23, 2024, and involved an invoice sent to Ernst & Young LLP.

Recent insights from CryptoQuant's Maartunn reveal a noteworthy shift in the Bitcoin landscape, with an increasing number of Bitcoin assets being classified as long-term holdings.

As the cryptocurrency market faces a broader downturn, Bitcoin exchange-traded funds (ETFs) are not escaping the prevailing trends. Recent reports from Farside Investors indicate that BTC ETFs experienced substantial outflows of $52.9 million on October 2

As the cryptocurrency market continues to navigate turbulent waters, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are experiencing significant pressure on their key support levels.

Pi Network, a mobile app launched in 2019, has garnered significant attention and controversy within the cryptocurrency community. While it claims to allow users to "mine" cryptocurrency using their smartphones, many experts and investors have raised concerns about its legitimacy and potential risks.

XRP, the cryptocurrency associated with the Ripple network, is experiencing a surge in social media traction and transaction volume, which recently reached $2.39 billion—the highest in eight months.