PayPal Launches $1.3B Stablecoin on 9 Blockchains
@PayPal’s U.S. dollar stablecoin, PYUSD, expands to nine new blockchains via LayerZero integration, increasing its supply to $1.3B. #Update #Crypto $PYUSD
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@PayPal’s U.S. dollar stablecoin, PYUSD, expands to nine new blockchains via LayerZero integration, increasing its supply to $1.3B. #Update #Crypto $PYUSD
@MarcoSantoriESQ announces Solmate, a new Solana infrastructure firm in the UAE, aiming for $SOL growth; analysts note SOL’s retest of $238 as critical for future price movement. #Update #Crypto $SOL
Pure-play bitcoin mining stocks are surging as $BTC approaches $118,000 after the Federal Reserve’s rate cut, with @MarathonDigital and @CleanSpark leading in BTC holdings. #Update #Crypto $BTC
$XLM shows bullish momentum, rising nearly 4% from $0.38 to $0.40 with strong volume exceeding averages; resistance at $0.40 tested repeatedly, indicating institutional interest. #Update #Crypto $XLM
@Citi raises Bullish’s price target to $70 after strong Q2 results and BitLicense approval, boosting investor confidence. Shares up over 8% to $58.18. #Update #Crypto $BLSH
Bitcoin Cash ($BCH) surged 7% to $647, its highest since April 2024, amid bullish market sentiment following a Fed rate cut and SEC approval for crypto ETF listings. #Update #Crypto $BCH
Spot bitcoin ETFs experienced $51.28 million in outflows as the Federal Reserve’s cautious policy outlook triggered market shifts, ending a seven-day inflow streak. Bitcoin rose 0.3%, while Ethereum increased 1.7%. #Update #Crypto $BTC
$BTC tops $117,900, resuming its upward trend after the Fed’s 25bps rate cut. $ETH up 2.7%, while $SOL and $DOGE gain over 4%. Dollar index shows resilience. #Update #Crypto $BTC
XRP is gaining traction with new ETF products in the U.S., while CME Group plans to list options on XRP futures on Oct. 13, enhancing market access. $XRP #Update #Crypto
The U.S. SEC approved new rules for exchanges to list ETPs holding spot commodities like cryptocurrencies, streamlining the process and enabling potential altcoin ETFs. #Update #Crypto $BTC $ETH
@OpenAI warns that Robinhood’s tokenized shares do not represent equity, raising investment risks. Meanwhile, @Bittensor’s dTAO offers retail access to decentralized AI staking, potentially democratizing AI growth. #Update #Crypto $TAO
@Kraken has lost four senior executives from its institutional division as it prepares for a potential IPO in Q1 2026, amid recent job cuts and declining Q2 income. #Update #Crypto
The Federal Reserve cut the fed funds rate by 25 basis points to 4%-4.25%, marking its first reduction since December 2022 amid a slowing job market. #Update $BTC
@MoneyGram has integrated U.S. dollar-pegged stablecoins into its mobile app, launching first in Colombia, a key remittance market. The app uses $USDC and Stellar blockchain for transactions. #Update #Crypto $USDC