PayPal Shares Down 30% Since Launch of PYUSD Stablecoin
Key Highlights PayPal launched PYUSD in August 2023, but the stock has remained weak even as the stablecoin expanded its use cases. PYPL closed near $41.65 on Feb. 20, with…
BNP Paribas Tests Tokenized Money Market Fund on Ethereum
Key Highlights The project involves creating a tokenized share class using the bank’s AssetFoundry platform. The pilot allows BNP Paribas to test the full lifecycle of a tokenized fund within…
Vitalik Buterin Explains How AI Could Revolutionize Governance
Key Highlights Vitalik Buterin says AI can help people participate in democracy and DAOs without being overwhelmed by too many decisions. Personal and public AI agents can vote, summarize opinions,…
Top 10 AI Themed Altcoins Crypto Developers Are Focusing On During the Downturn Revealed
Cryptocurrency analytics company Santiment has revealed the altcoins with the highest developer activity among AI and Big Data-focused projects, based on GitHub data from the past 30 days. According to…
Analysis Firm Releases List of “Overly Undervalued” Cryptocurrencies Based on Data – Claims They Are Worth Less Than They Should Be
Cryptocurrency analytics company Santiment has shared its latest assessment of which crypto assets with large market capitalization (MVRV) may be overvalued or undervalued, based on 30-day MVRV data. The company…
Massive Chinese Crypto Whale Sends $760 Million Worth of Bitcoin to Binance – Is a Sale Coming?
According to the latest onchain data shared by the cryptocurrency analytics platform Arkham, a Bitcoin transfer worth $760 million was made from a cryptocurrency address believed to be linked to…
HAPPY Records 15.48% Massive Gains Symmetrical Triangle Breakout Predicts Upcoming Significant Upside Move: Analyst
The Happy Cat (HAPPY) coin inches towards record-breaking increase as the crypto asset today gained a remarkable 15.48% surge, according to a revelation disclosed by market analyst TIGER. Such unmatched…
Weekly Crypto ETF Breakdown: BlackRock Sells $303.5M While Solana Gets $13.9M in Inflows
The recent weekly breakdown of the crypto Exchange-Traded Funds (ETFs) in the middle of February by Arkham indicates that the institutional sentiment has changed significantly, and Bitcoin and Ethereum have…
BTC vs Gold Hits Record Lows – Is the Real Bottom Already In?
The BTC-to-Gold ratio has hit a record low after a 14-month decline, with analysts noting RSI levels matching past market bottoms. A new review of the Bitcoin-to-Gold valuation ratio suggests…
An Altcoin Has Been Hacked: Significant Losses Reported – Developers Issue Statement
A security breach targeting the bridging infrastructure in the IoTeX (IOTX) ecosystem reportedly resulted in the theft of over $8 million worth of cryptocurrency. Initial findings suggest the attack stemmed…