Tag: Breaking

PayPal has expanded its dollar-backed stablecoin, PYUSD, to 70 markets globally, a major jump from its previous availability in just the U.S. and U.K. Users in newly supported regions, including Asia-Pacific, Europe, and Latin America, can now buy, hold, and send the stablecoin directly via their PayPal accounts. The rollout includes a yield-bearing feature, allowing eligible international users to earn approximately 4% rewards on their...

The Coinbase Premium Gap has moved into positive territory after 10 consecutive weeks of negative readings. Analysts view the shift as a bullish signal indicating that U.S.-based institutional and retail demand is finally outpacing global selling pressure. The recovery in the premium coincides with Bitcoin reclaiming the $73,000 level and a streak of seven consecutive green daily candles. The Coinbase Premium Index, a critical metric for...

Ultra-short-term contracts on Bitcoin price movement have reached daily trading volumes of $60 million on Polymarket. The five-minute markets now account for more than half of all cryptocurrency trading on the platform, surpassing traditional daily and weekly predictions. Sophisticated traders and automated bots are dominating the space, leveraging millisecond advantages to exploit price discrepancies between platforms. Short-dated...

BlackRock has launched the iShares Staked Ethereum Trust (ETHB) on Nasdaq, marking its first U.S. fund to offer native staking yields. The ETF debuted with $100 million in assets under management and recorded $16 million in trading volume on its first day. The fund aims for a targeted annual yield of 4% by staking between 70% and 95% of its ether holdings. The landscape for digital asset investment vehicles in the United States took a...

Digital assets are displaying a notable degree of resilience as the broader financial landscape grapples with the fallout of the escalating conflict in the Middle East. While Brent crude oil surged past $100 per barrel on Thursday following disruptions in the Strait of Hormuz, Bitcoin continued to trade with relative stability, reaching highs near $71,200. The largest cryptocurrency by market capitalization has remained largely unperturbed by...