Altcoins

Fintech giant Stripe has finalized a deal to acquire stablecoin platform Bridge for $1.1 billion. This purchase marks the largest acquisition in the crypto industry to date. Record $1.1 Billion Deal TechCrunch founder Michael Arrington revealed the news in a post on X, stating, “This deal is done. $1.1b.” Bridge, co-founded by Sean Yu and Zach Abrams, provides software tools enabling businesses to accept payments in stablecoins. The platform allows companies to create, store,...

Bitcoin’s price actions have calmed during the weekend, as probably expected, and the asset remains above the $68,000 level. The altcoins have been slightly in the red in the past day, but they went through a highly positive trading week, with impressive gains from ETH, SOL, BCH, and especially DOGE. BTC Calms Above $68K Last weekend went without any fireworks as BTC had recovered to $62,000 after slumping below $59,000 on Thursday. The eventful price movements were left for...

Stablecoin giants like USDT and USDC continue to strengthen their hold on the market, expanding their dominance and market share. However, a new contender is making waves – PayPal’s PYUSD. While still relatively smaller, this emerging stablecoin is gaining momentum, signaling a potential shift, as per recent data. Stablecoin Power Shift? According to a report by the research team of asset manager Hashdex, stablecoins’ market dominance grew by 3% in the third quarter of 2024....

TL;DR Ripple plans to launch a stablecoin, RLUSD, later this year, which could boost confidence in its technology and possibly result in a rallying XRP price. Another element that could impact the token’s volatility is the Ripple v. SEC case, whose official end seems to be prolonged in the future. ChatGPT’s Estimation In April this year, Ripple revealed its plans to introduce a stablecoin pegged 1:1 to the US dollar. In the following months, the team shed further details...

The stablecoin market is growing, increasing liquidity and stabilizing the crypto space. This growth can be seen in the two largest stablecoins, Tether USD (USDT) and USD Coin (USDC), which are now responsible for a large portion of the crypto market’s transaction volume. A tweet by the decentralized finance analysis platform IntoTheBlock revealed that USDT and USDC now represent roughly 50% of the total transaction volume among major cryptocurrencies. IntoTheBlock’s analysts...

Crypto payments company Ripple has revealed its preliminary exchange and market maker partners for the launch of its dollar-pegged stablecoin Ripple USD (RLUSD). The exchange partners are Bitstamp, Bitso, Bullish, CoinMENA, Independent Reserve, MoonPay, and Uphold. In addition, B2C2 and fellow market maker Keyrock will provide liquidity support for RLUSD. Advisory Appointments “With our initial exchange partners, clear utility and demand for RLUSD, and a strong focus on...

With just over 20 days until the US presidential election, the race is heading into its decisive phase, and the stakes are high for the crypto industry. Over the past few days, prediction markets have flipped, placing higher odds on Republican and pro-crypto advocate Donald Trump securing a win compared to his Democratic competitor, Vice President Kamala Harris. This political shift to Republicans has contributed to significant inflows of digital assets over the past week....

Stablecoin dynamics are flashing positive, reaching record highs and boosting liquidity within the crypto market. As historical data shows, this is good news for bitcoin (BTC) and the entire crypto industry because more liquidity often correlates with higher prices. A recent CryptoQuant report revealed that the total market capitalization of major USD-backed stablecoins now stands at $169 billion, representing a 31% or $40 billion increase since the beginning of the year....

Kryptowährungen revolutionieren das Online-Glücksspiel. In der Schweiz boomt diese digitale Spielform. Blockchain trifft auf Glücksspiel – eine faszinierende Liaison. Wir haben die Entwicklung von Anfang an verfolgt. Unsere Expertise reicht von den ersten zaghaften Schritten bis zum heutigen dynamischen Markt. Das Potenzial? Gewaltig. Die Schweiz bietet einen einzigartigen Nährboden. Bankentradition verschmilzt mit Innovationsgeist. Schweizer Spieler, qualitätsbewusst und...

TL;DR The XRP Ledger has undergone a code review to enable RLUSD integration with Automated Market Makers (AMMs), with further updates pending. Ripple recently warned users to be cautious of scams, as the stablecoin is not yet publicly launched. The Latest RLUSD Development In April this year, Ripple disclosed it will introduce a stablecoin pegged 1:1 to the American dollar. The news sparked huge excitement across the XRP community, with many members wondering about the...