Bitcoin Payments Launch at US Coffee Chain
Compass Coffee in Washington, D.C. becomes the first to process Bitcoin payments via @Square’s register using the Lightning Network, with zero fees for the first year.
Ethereum Faces XRP’s Deadly Bull Run
XRP’s price action sparks debate as traders suggest it could challenge Ethereum, despite a significant market cap gap. XRP currently trades at $2.47. #Update #Crypto $XRP
Coinbase Launches CDP Wallets for Apps
Coinbase announces general availability of its Developer Platform’s Embedded Wallets, enabling crypto features in apps without seed phrases. #Update #Tech
Bitcoin Holders Sell 265K BTC Surge
Long-term Bitcoin holders sold 265,715 BTC in the last 30 days, the largest monthly outflow since January, indicating a shift to profit-taking amid market volatility. #Update #Crypto $BTC
Pi Network Launches Game-Changing PiUSD Stablecoin
Dr. Altcoin suggests @PiNetwork may launch a PiUSD stablecoin, enhancing AI and robotics transactions, as the altcoin struggles at $0.21 after a 95% drop from its peak. #Update #Crypto $PI
Coinbase Invests $2.4 Billion in CoinDCX
@Coinbase invests an undisclosed amount in @CoinDCX, valuing the Indian exchange at $2.45B, as it aims to expand into India and the Middle East. The deal awaits regulatory approval. #Update #Crypto $USDT
Bitcoin Needs Catalyst to Prevent Deeper Correction
Bitcoin ($BTC) trades at $110,840, 5% below the critical $117,000 level; analysts warn of potential deeper corrections without new catalysts. #Update #Crypto $BTC
Paxos Launches $300T PayPal Stablecoin Surge
On Wednesday, @Paxos mistakenly minted $300 trillion of PYUSD on Ethereum due to a technical glitch, quickly resolved by burning the excess. All customer funds remain safe. #Update #Crypto $PYUSD
Bitcoin: Australia Bans Crypto ATM Operations
Australia’s Home Affairs Minister Tony Burke announced legislation to empower AUSTRAC to restrict crypto ATMs, citing links to scams and money laundering. #Breaking #Legal
Dogecoin Crashes 15 Percent More Downside
Dogecoin ($DOGE) bears dominate as price action suggests further downside potential. Aayush Jindal’s analysis highlights bearish trends in the current market landscape. #Update #Crypto $DOGE
Binance Launches $400M Trader Rescue
Binance launches a $400M recovery initiative to stabilize the crypto market after recent sell-offs, aiming to boost liquidity and investor confidence. #Update #Crypto @Binance
Bitcoin Seizure: Cambodia Urges Due Process
US and UK sanction Prince Holding Group and Chen Zhi over alleged online fraud; Cambodia calls for due process after $14B Bitcoin seizure linked to the group.
Startup Tria Secures $12M in Funding
@Tria raises $12M in funding to develop a global non-custodial neobank platform supporting 1,000+ tokens and fee-free transactions. Key investors include @P2Ventures and @AptosNetwork. #Update #Crypto $ETH
Ethereum Achieves 99.6% Block Verification
@Brevis announced its new zero-knowledge Ethereum Virtual Machine, Pico Prism, achieving 99.6% real-time proving using consumer GPUs, marking a significant step toward Ethereum’s goal of 10,000 transactions per second. #Update #Crypto $ETH