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Cryptography News
Zycrypto
2w
302
Image Credit: Zycrypto
Bybit Launches Credit Card Crypto Purchases in 25+ Currencies and Cashback Rewards
- Bybit, a leading cryptocurrency exchange, has introduced credit card crypto purchases in over 25 local fiat currencies, including PKR, ETB, ARS, and others, aiming to enhance access to digital assets globally.
- Users can now buy USDT, BTC, and ETH using their credit cards, benefiting from real-time currency conversion and up to a 10 USDT cashback reward.
- New users making their first transaction in a newly accepted currency may receive an additional 5 USDT bonus, along with the cashback reward, in Bybit's move to make crypto more accessible worldwide.
- To participate, users need to complete Level 1 Individual Identity Verification or Business Verification on the platform and can access the 'One-Click Buy' feature on Bybit's platform by linking a Visa or Mastercard.
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Financemagnates
2w
419
Image Credit: Financemagnates
Prediction Market Growth Lifts USDC Flows, Signaling Stablecoin Utility Shift
- Polymarket, a decentralized prediction market platform, recently closed a funding round at a $1 billion valuation led by Founders Fund, signaling a major shift in venture capital focus towards consumer-oriented crypto applications.
- The growth of Polymarket is driven by increasing user activity despite regulatory barriers in the U.S., with over $14 billion in lifetime trading volume and attracting between 20,000 to 30,000 daily traders, making it a preferred destination for non-crypto-native users interested in financial betting on news cycles.
- The platform's partnership with X (formerly Twitter) and settlement of all transactions in USDC on the Polygon blockchain have contributed to stablecoin flows, with a notable increase due to market developments like the ceasefire between Israel and Iran, leading to improved risk sentiment in the crypto market.
- Policymakers are also making progress on stablecoin regulation, with the US Senate passing the GENIUS Act stablecoin framework, and the Fed easing restrictions on crypto firms by eliminating 'reputational risk' from its bank supervision guidelines, indicating a positive regulatory environment for stablecoins.
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NullTX
2w
237
Image Credit: NullTX
XYZVerse Rockets 13,000% in Presale—Now Targeting Dogecoin and Shiba Inu as the New Meme Coin King
- XYZVerse meme coin surges 13,000% in presale, challenging Dogecoin and Shiba Inu.
- Project aims to surpass rivals with sports-crypto fusion, long-term vision, and community rewards.
- $XYZ token shows strong growth, approaching $15M presale milestone with 1,000x ROI potential.
- XYZVerse engages users with airdrops, strategic listings, and dedicated tokenomics for success.
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14 Likes
NullTX
2w
159
Image Credit: NullTX
Dogecoin Forecast: Will DOGE Reach $1 by Year‑End, or Will This New Coin Steal the Spotlight?
- Speculation surrounds Dogecoin's potential of reaching $1 by year-end amidst a competitive crypto market.
- A new digital coin, Catzilla ($CATZILLA), garners attention with a structured presale and unique concept blending kaiju culture, internet memes, and crypto.
- Catzilla differentiates itself through community engagement, a diverse audience appeal, and a game-based ecosystem.
- While Dogecoin's future remains uncertain, Catzilla presents substantial potential with a 700% ROI during its presale, emphasizing financial freedom and unique features.
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Coindoo
2w
181
Image Credit: Coindoo
Trump Declares Bitcoin a Strategic Asset in Race Against China
- Trump declared Bitcoin a strategic asset in the race against China, emphasizing its growth during his administration.
- He highlighted the importance of U.S. action in preventing rival powers like China from dominating the digital finance sector.
- Trump sees Bitcoin as a tool for innovation, employment, and bolstering the U.S. payments infrastructure without undermining the dollar.
- He signed an executive order to establish a Strategic Bitcoin Reserve and supports the BITCOIN Act to acquire up to one million BTC over five years.
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Coinjournal
2w
121
Image Credit: Coinjournal
TRON price forecast as USDT supply surpasses $80 billion
- USDT supply on TRON has surpassed $80 billion, accounting for over 50% of circulating USDT.
- TRX price is currently at $0.27 and could rise to $0.44 in the short term amid bullish momentum.
- ETFs, partnerships, and network growth are likely catalysts for TRON price.
- TRON's increasing role in facilitating stablecoin transactions is driven by its efficiency and low transaction costs.
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Coindoo
2w
351
Image Credit: Coindoo
Robinhood Rolls Out Micro Futures for XRP and Solana
- Robinhood has introduced micro futures for XRP and Solana, following the model of CME Group's offerings.
- Each micro XRP future represents 2,500 tokens valued at around $5,200, making futures trading more accessible to individual investors.
- Robinhood started with traditional assets like crude oil and the S&P 500 index before expanding into digital asset derivatives in partnership with CME Group.
- The move to offer micro crypto futures indicates Robinhood's commitment to the maturing digital derivatives market and making it user-friendly for its customer base.
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Zycrypto
2w
220
Image Credit: Zycrypto
Forget ALGO or Solana Surge to $145, BlockDAG’s Airdrop is the Best Bet
- Algorand news focuses on U.S. regulatory ties and offline payment innovations.
- Meanwhile, Solana (SOL) price shows potential rally; BDAG airdrop rewards participation.
- BlockDAG offers 100 million BDAG for tasks across Testnet, Presale, Social, and Referral.
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Coindoo
2w
190
Image Credit: Coindoo
Coinbase’s Brian Armstrong Bets on Bitcoin with Ongoing Weekly Buys
- Coinbase's CEO, Brian Armstrong, reinforces confidence in Bitcoin by continuing weekly purchases as BTC nears $107,000.
- Coinbase, holding almost $1 billion in Bitcoin, shifts focus back to its original crypto pillar despite venturing into other cryptocurrencies.
- Amidst criticism from Bitcoin loyalists for embracing hype-driven tokens, Coinbase's consistent BTC acquisitions align with a trend of U.S. companies treating Bitcoin as a strategic treasury asset.
- Armstrong's emphasis on Bitcoin aims to reassure investors amidst regulatory concerns and token volatility, highlighting Bitcoin's importance as the foundation of the digital asset space.
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Coindoo
2w
116
Image Credit: Coindoo
BlockDAG Raises $324M & Sells 23.3B Coins; Is This the Best Crypto to Buy Before It Lists?
- BlockDAG stands out in the crypto space with consistent progress and long-term approach.
- The project has raised $324 million and sold 23.3 billion coins, attracting attention.
- BlockDAG differentiates itself with a mobile mining network and early developer focus.
- The strategic launch timeline and transparent roadmap bolster confidence in BlockDAG.
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7 Likes
Coindoo
2w
213
Image Credit: Coindoo
Newly Listed Canadian Company Turns to Bitcoin to Power Liquidity Strategy
- A Canadian company recently listed on the TSX Venture Exchange under the ticker 'BTCT' after a successful CA$125 million funding round.
- The company acquired nearly 293 BTC with part of the raised capital, valued at around $31.5 million, as part of a strategy to offer institutional lending and liquidity solutions backed by Bitcoin reserves.
- BTCT's move signifies a trend among crypto firms using Bitcoin not only as a reserve asset but also for capital efficiency.
- Market data indicates a surge in Bitcoin holdings by long-term holders, with wallets inactive for six months or more collectively adding 800,000 BTC in just 30 days.
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Coindoo
2w
129
Image Credit: Coindoo
Crypto Trader Quietly Turns $6.8K Into $1.5M – Here is How
- A crypto trader turned $6.8K into $1.5M over just two weeks, with $1.4 billion in trading volume and under $200,000 in equity.
- The trader quotes only one side of the order book, offsetting the risk through high-speed trades, low exposure, and rebates for providing liquidity.
- The trader's strategy is market-neutral, focusing on perpetual futures with a negative maker fee, earning money on every trade posted.
- The trader holds positions in Solana and Dogecoin, likely part of a strategy to profit from rebates rather than price movements.
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Bitcoinmagazine
2w
384
How The IMF Prevents Global Bitcoin Adoption (And Why They Do It)
- IMF has successfully prevented Bitcoin adoption by pressuring countries with IMF loans.
- Only El Salvador and Bhutan resisted pressure due to no IMF loan involvement.
- Article details IMF influence on El Salvador, CAR, Argentina, and Pakistan in thwarting adoption.
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23 Likes
Coindoo
2w
302
Image Credit: Coindoo
Ripple May Need to Halt Institutional XRP Sales Amid Legal Pressure
- A court decision upholds the ruling that classified Ripple's past institutional XRP sales as unregistered securities offerings.
- The recent court ruling includes a financial penalty and a ban on institutional XRP sales, prompting speculation on Ripple's next steps.
- Legal experts suggest that Ripple may have adjusted its engagement with institutional clients to comply with regulations following the court's decision.
- There is uncertainty about Ripple's future institutional strategy, with possibilities for pursuing institutional sales under registered securities offerings or ending the legal saga.
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18 Likes
NullTX
2w
8
Image Credit: NullTX
Top 5 Cosmos Ecosystem Tokens Below 5M Market Cap Worth Keeping A Close Eye
- Cosmos network enables scalable, interoperable blockchains aiding DeFi's growth and liquidity.
- Ecosystem tokens like ATOM, BAND, KAVA, LUNA play unique roles within Cosmos.
- Tokens below 5M market cap worth attention include KIRA, KIMA, LOOM, HARD.
- Projects like KIRA focus on easy decentralized app deployment and secure financial transactions.
- Loom Network enhances Ethereum scalability through side chains for solidity applications.
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