PayPal Expands PYUSD Stablecoin To 9 More Blockchains With LayerZero

PayPal’s stablecoin PYUSD is now available on nine more blockchains, thanks to integration with LayerZero’s interoperability protocol. PayPal’s Stablecoin Now On Tron, Avalanche, & Seven Other Networks As announced by LayerZero in a blog post, PayPal USD (PYUSD) is getting a major expansion through integration with its Stargate Hydra system, allowing users to move the stablecoin […]

Symbiotic, Chainlink, and Lombard Partner For Cross-Chain Bitcoin Transfers

Symbiotic, Chainlink, and Lombard have unveiled their collaboration to launch the industry-first cryptoeconomic guarantee layer for secure cross-chain Bitcoin transfers. Related Reading: UK Crypto Groups Criticize Bank Of England’s Proposal To Cap Stablecoin Ownership – Report Symbiotic, Chainlink, And Lombard Team Up On Monday, staking protocol Symbiotic announced its partnership with decentralized oracle provider Chainlink […]

Bitcoin Liquidity Weakens As Stablecoin Growth Drops To $1.1 Billion

Data shows stablecoin market cap expansion has slowed to just $1.1 billion recently, signaling weakening liquidity for Bitcoin and other coins. Stablecoin Market Cap Growth Is Significantly Down Compared To Earlier Highs According to data from on-chain analytics firm CryptoQuant, stablecoin growth has been cooling recently. “Stablecoins” refer to cryptocurrencies that have their price tied […]

Record Outflows Hit Crypto Funds, But Ethereum May Be Turning the Tables on Bitcoin

Crypto asset investment products recorded their most significant outflows in months, as investor sentiment swung sharply amid signals from US monetary policymakers. According to the latest report from CoinShares, a total of $1.43 billion exited crypto investment vehicles last week, the heaviest weekly outflow since March. CoinShares noted that trading volumes in exchange-traded products (ETPs) […]

Will Bitcoin Beat Every Asset Class? Bitwise Says Institutions Are Taking Notice

Bitcoin’s role in institutional portfolios is continuing to evolve, with new research from Bitwise Asset Management suggesting the asset could become the strongest-performing major investment class in the years ahead. According to a preview of the firm’s forthcoming Long-Term Capital Market Assumptions (LTCMAs), Bitwise expects Bitcoin to deliver an average compound annual growth rate (CAGR) […]

Spot Bitcoin And Ethereum ETFs Hit Record $40B Volume In Past Week – Details

The United States crypto exchange-traded fund (ETF) market has been in red-hot form in the past few weeks, with the Ethereum ETFs hitting new milestones every week. In its latest feat, the ETH-linked investment hit a new volume record alongside its Bitcoin counterpart. This increased activity for the Bitcoin and Ethereum ETFs mirrors the current […]

Bitcoin Treasury Company Metaplanet Reports Strongest Quarter Ever

Bitcoin treasury firm Metaplanet has just delivered its strongest quarter ever, with revenue rising by 41% compared to the previous quarter. Metaplanet Has Seen A Sharp Flip In Net Income In a new post on X, Metaplanet has shared the numbers related to its Q2 2024 performance, revealing significant quarter-over-quarter growth in several key metrics. […]

India Escalates Crypto Tax Enforcement With Over 44,000 Notices To Traders

India’s Income Tax Department has intensified its efforts to curb tax evasion in the cryptocurrency sector, sending more than 44,000 notices to traders who failed to disclose their virtual digital asset (VDA) transactions in their income tax returns. Indian Tax Watchdog Ups The Ante In a recent session of the Rajya Sabha (Upper House of […]

Galaxy Digital Boosts Bitcoin Holdings By 4,272 BTC In Q2 2025, Trims Ethereum Exposure

Galaxy Digital, a leading digital assets and AI infrastructure firm, today released its Q2 2025 financial results, reporting a notable increase in Bitcoin (BTC) holdings by 4,272 BTC. At the same time, the company has scaled back its exposure to other cryptocurrencies, including Ethereum (ETH), signaling a shift in portfolio allocation strategy. Galaxy Digital Increases […]