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PayPal is making a big move into the crypto world with its new “Pay with Crypto” feature. This lets online businesses accept payments in over 100 different cryptocurrencies, including Bitcoin, Ethereum, and many others. Lower Fees, Wider Reach The company says this new system will slash transaction fees by up to 90% compared to credit…
A massive investigation has resulted in the arrests of eight people accused of running a sophisticated bank fraud scheme that preyed on senior citizens. The operation, dubbed “Operation Teller-to-Telegram,” uncovered a conspiracy spanning multiple states. Millions Stolen, RICO Charges Filed Florida Attorney General James Uthmeier announced that the eight individuals are facing serious charges, including…
A 90-day extension on the US-China trade war truce has sent ripples through global markets, particularly boosting Bitcoin’s price. Let’s break down what happened. Trade Talks Continue The US and China agreed to postpone new tariffs for another 90 days. This is a big deal, considering the billions of dollars worth of goods affected by…
Mara Holdings, a major player in Bitcoin mining, just raked in a whopping $950 million! This was actually an increase from their initial goal of $850 million. They sold zero-interest convertible senior notes to achieve this. What’s the Plan for All That Cash? So, what’s Mara planning to do with all that money? A big…
Bitcoin’s price has historically followed a four-year cycle, but that might be a thing of the past. The Old Cycle is Dead According to Matt Hougan, CIO of Bitwise Asset Management, the days of relying on the four-year Bitcoin cycle are over. He believes fundamental changes are reshaping the crypto market. Institutional Money and Regulation…
Bitcoin’s mining power, measured by its hashrate, is skyrocketing! The 7-day average hashrate recently hit a whopping 942 EH/s, incredibly close to the all-time high. What is Hashrate? The hashrate shows the total computing power used by Bitcoin miners. Miners compete to solve complex math problems to add new blocks to the blockchain (this is…
Last week was huge for crypto investments! A whopping $1.9 billion flowed into crypto investment products, marking the 15th week in a row of positive inflows. This shows institutions are still really interested in crypto, even with all the market ups and downs. Record-Breaking Month July is already smashing records, with over $11.2 billion in…
Citigroup analysts have released a new Bitcoin price prediction model, and it’s surprisingly straightforward. They’ve ditched complex calculations involving mining costs and adoption rates, focusing instead on a single key factor: investor demand. A Shift in Perspective The analysts explain that their previous models didn’t fully account for Bitcoin’s growing integration into the broader financial…
Mill City Ventures III, Ltd. (MCVT), a specialty finance company, announced a massive $450 million private placement to jump into the Sui cryptocurrency market. This investment will primarily be used to acquire SUI tokens, making Mill City a major player in the Sui ecosystem. A Big Bet on Sui The funding round was led by…
Pear Protocol, a popular crypto pair trading platform, just announced some big news! They’ve teamed up with Hyperliquid, a major player in the perpetual order book market, and secured $4.1 million in funding. Hyperliquid Integration: Better Pair Trading This partnership means Pear Protocol users can now seamlessly pair trade using Hyperliquid’s massive liquidity. This unlocks…
