According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support. Polygon and Settlemint […]
Ethereum Taps $3,000 Barrier Amid ETF Speculation and Upcoming Dencun Upgrade
The value of ethereum, the crypto market’s second-largest asset by market cap, eclipsed the $ 3,000 milestone on Tuesday, peaking at $ 3,014 per unit in the morning trading hours. Over the last week, ether has seen a 13.1% climb against the U.S. dollar, and over the preceding two weeks, it has surged …
Bitcoin Taps $44,000, Surpassing Meta and Berkshire Hathaway in Market Capitalization
On Tuesday, bitcoin’s price soared past the $ 44,000 mark, peaking at $ 44,011 per unit. In the last month, the leading cryptocurrency by market capitalization has seen a surge exceeding 24%, and 17% in just the past two weeks. BTC Breaks Through $ 44K Barrier, Reaching Peak Levels Since Pre-Terra Crash …
Grayscale’s GBTC Witnesses Historic Shrink in Discount to NAV as Metric Taps Single Digits
On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago. GBTC Discount to NAV Reaches Single-Digit […]
Ledger Taps Paypal for US Crypto Buys
Crypto security firm and hardware wallet manufacturer, Ledger, announced its integration of Paypal payments for U.S. customers. This will allow Ledger Live users to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC) within the app using Paypal. Ledger Enables Paypal Payments for US Customers to Streamline Crypto Purchases Within App On Wednesday, […]