Banks to join SWIFT digital asset trials in 2025

PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year. 707 Total views 5 Total shares American payment giant PayPal is reportedly exploring ways to offer stock trading after launching cryptocurrency trading services last year.PayPal is looking to buy or partner with a broker-dealer to…

Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin's (BTC) 3.6% price increase and Ether's (ETH) 5% gain.Total crypto market cap in USD, 12-hour.…

The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the "fastest big corporate failure in American history," and is calling for an independent probe to look into its downfall. In a Dec. 1 motion, U.S. Trustee Andrew Vara noted that over the course of eight days in November, debtors "suffered a…

The Chinese government and its federal authorities are getting increasingly involved in the blockchain space to push forward innovation throughout the country. In the latest, the government released an official notice stating that they have put together a technical committee of 15 organizations to devise national standards for blockchain and distributed ledger technology.This comes only three…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Google searches for Bitcoin tripled as its price skyrocketed on…

Bitcoin ATM operator Coinme has expanded its bitcoin (BTC) purchasing options for United States residents to cover 21 states, the company confirmed in a press release on May 22.Coinme, which began as the U.S.’s first licensed bitcoin ATM provider in 2014, will now serve around 2,200 locations in the country via its existing partnership with…

Zynga will work on integrating NFTs and blockchain into its existing portfolio in addition to developing new NFT-based games. 1198 Total views 33 Total shares Nonfungible tokens (NFTs) scored another win with gaming giant Zynga’s announcement of the upcoming integration of NFTs and blockchain into the publisher’s portfolio.San Francisco-based game developer Zynga, best known for…

"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton. 3510 Total views 19 Total shares Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution,…

Bitcoin (BTC) is off to yet another fighting start on Monday, hitting $59,500 — is this the week we see $60,000?After a promising but restrained weekend, BTC/USD is once again back to beating out resistance as major markets reopen.Given the strength of underlying technicals and buyer demand, bulls may have cause for celebration in the…