PayPal’s PYUSD stablecoin hits $1B market cap

Bitcoin (BTC) may dip below its 200-week moving average price but will stay above $8,200, one of the industry’s most respected analysts has said.In a series of tweets on Feb. 10, PlanB, creator of the stock-to-flow Bitcoin price forecasting tool, also predicts BTC/USD would trade “above $10,000” by May. PlanB: stock-to-flow still on trackThis is around…

CbatGPT developer OpenAI announced last week that it had fired CEO Sam Altman due to a loss of confidence by the board — only to see him return to the company after 90% of OpenAI staffers threatened to resign. The firing caused a flurry of excitement from companies offering to match OpenAI salaries in an

The most recent spin-off from the mothership, Binance Australia, claims to provide local traders with the speed, deep liquidity and security of the flagship platform. Major cryptocurrency exchange Binance is launching a fiat-to-crypto trading platform in Australia, offering support for direct purchases of crypto using the Australian dollar (AUD).Binance already operates Binance Lite Australia which…

Researchers from cryptocurrency exchange BitMEX have suggested that the privacy and scalability benefits of Bitcoin’s (BTC) implementation of the Lightning Network are less than expected.A report published by BitMEX on Jan. 11 illustrates the researchers’ efforts to determine the growth of the Lightning Network by trying to extrapolate information about private payment channels from readily…

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam Bankman-Fried. As the saga unfolds, check below for the latest updates.Oct. 3: SBF trial beginsThe trial of Sam Bankman-Fried began on Oct. 3 with jury selection. Bankman-Fried is charged with seven counts of conspiracy and fraud in connection

The FTX assets that will be sold include the derivatives platform LedgerX, the stock-clearing platform Embed, and its regional arms FTX Japan and FTX Europe. Own this piece of history Collect this article as an NFTThe judge in charge of overseeing the FTX bankruptcy proceedings has given the embattled crypto exchange the approval to sell…

The price of Bitcoin (BTC) is consolidating below $9,200, which has acted as a key support level since late May. According to Cole Garner, if BTC breaks down to the $7,000s, it may be the last dip below $10,000 in the long-term.Bitcoin is vulnerable to drop to the $6,000 to $7,000 range below the green…

Blockchain analytics company Nansen reported that NFT sales volumes reached 68,342 ETH in the week ending Nov. 6. 122 Total views 1 Total shares Nonfungible tokens (NFTs) have seen a steady increase in terms of weekly Ether (ETH) sales volume, according to the blockchain analytics platform Nansen. In a post on X (formerly Twitter), Nansen highlighted

Ripple Labs spent the most on crypto lobbying in the U.S. over the past five years, with expenses totaling $2 million. 391 Total views 5 Total shares Cryptocurrency advocates in the United States have been increasingly putting efforts to support the industry, with crypto lobbying spending growing significantly in recent years.Crypto-related lobbying expenditure in the…