Ted Hisokawa November 12, 2024 03:16 PayPal USD (PYUSD) now supports native cross-chain transfers between Ethereum and Solana via Wormhole, improving stablecoin trading without token wrapping. PayPal USD (PYUSD) will expand its blockchain capabilities by integrating with interoperability platform Wormhole to support native cross-chain transfers. According to Wormhole, this development will enable seamless movement of PYUSD between the Ethereum and Solana blockchains. Basic PYUSD transfer Integration with Wormhole simplifies the user experience by eliminating the need for token wrapping. This initiative offers several benefits: Competitive fees for cross-chain PYUSD transfers. There are no…
Author: Crypto Flexs
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Polygon’s (POL) AggLayer receives first native stablecoin support. This move promises significant benefits for chains, applications, and users connecting to the protocol. AggLayer promises to connect all of Web3 on top of Ethereum. AggLayer, a Polygon (POL)-backed interoperability solution, is gaining increasing attention as the Ethereum ecosystem seeks to address fragmented liquidity and user experience. Following support from Movement Labs and most recently Magic Labs, the project has now received support from Agora, a leading stablecoin issuer promising enhanced accessibility and liquidity. “Big leap” Polygon’s (POL) AggLayer receives first native stablecoin support. In an announcement on Monday, November 11th at…
Tony Kim 11 November 2024 17:34 Tether has launched WDK, an open-source toolkit that enables non-custodial wallet integration for USD₮ and Bitcoin, advancing decentralized financial systems for developers. Tether, a well-known company in the digital asset industry, has unveiled its latest innovation, the Wallet Development Kit (WDK). According to Tether, this open-source modular software development kit is designed to enable developers and enterprises to seamlessly integrate non-custodial wallets for USD₮ and Bitcoin into applications, websites, and devices. Strengthen developer capabilities with WDK Tether’s WDK is built to emphasize user sovereignty, aligned with the fundamental…
Investos360 is the leading Forex trading platform tailored for traders who seek reliability, transparency and efficiency. Designed to empower both beginners and seasoned traders, Investos360 combines innovative trading technology with powerful educational resources to create an environment where users can trade with confidence. Investos360’s promise of secure trading, real-time data, and unparalleled support stands out as a trusted partner in the dynamic world of Forex trading.Core features of Investos360.comStable trading environmentInvestos360 provides a highly stable and trustworthy platform that allows users to conduct transactions without interruption. With a focus on operational reliability, traders benefit from a seamless trading experience that…
Bitcoin (BTC) price entered a strong price discovery phase for the first time since December 2020 after the weekly chart closed above $80,000. BTC’s bullish structure has led to a short-term to long-term outlook, with several analysts believing that various six-figure price targets will be achieved sooner rather than later. Bitcoin could reach $125,000 by New Year’s Eve.Popular market analyst Peter Brandt highlighted that Bitcoin tends to repeat bullish price action trends when it decides to “mark up.” The trader commented on BTC’s current movement above previous ATH levels and suggested a $125,000 price target based on Bayesian probability. Bayesian…
On November 11, as Bitcoin rose 11% to $89,500, the total daily trading volume of the U.S. spot Bitcoin Exchange Traded Fund (ETF), MicroStrategy Inc (MSTR), and Coinbase Global Inc (COIN) recorded $38 billion. .The record day comes as Bitcoin (BTC) breaks through its long-held price peak, reaching around 2,500 points set in March, according to Bloomberg Intelligence data cited by Bloomberg ETF analyst Eric Balchunas. It was well above the previous high of $10,000.“Lifetime records are being set everywhere,” Balchunas said. He noted that BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone hit a record $4.5 billion in trading volume.“(This)…
Two Solana (SOL)-based memecoins are going parabolic after receiving sudden support from Binance, the world’s largest cryptocurrency exchange. Binance announced spot trading support for Act I: The AI Prophecy (ACT), resulting in an explosive increase of over 2,224% on Monday morning. ACT is trading at $0.486 at the time of this writing, up from its 24-hour low of $0.0191. With a market capitalization of $456 million, ACT is already the 183rd largest cryptocurrency project. The exchange also announced the listing of memecoin Peanut Squirrel (PNUT), a Solana-based coin. PNUT is trading at $0.39 at the time of this writing, with…
bitcoin It’s underway once again. By the time the traditional market opened on Monday morning, the value of the largest digital coin had soared. By noon New York time, the record had already been broken. now, price of bitcoin According to CoinGecko, it has already surpassed $88,000 per coin after a 10% rise in the last 24 hours. The asset soared by 30% in 7 days. some analysts said. decryption With the election and the resulting Trump trade hype, there’s still a long way to go. James Butterfill, head of research at CoinShares, argues that a combination of positive political…
jack anderson November 11, 2024 21:06 Robinhood Markets, Inc. (NASDAQ: HOOD) released its October 2024 operating data, revealing significant increases in funded customers, assets under custody, and trading volume across various segments. Robinhood Markets, Inc. (NASDAQ: HOOD) released its October 2024 operating data, showing notable growth across several key metrics. The Menlo Park-based company reported an increase in funded clients and a significant increase in assets under management, according to a recent announcement from GlobeNewswire. Increase in funding customers and assets By the end of October, Robinhood had a total of 24.4 million funded…
Solana’s native token, SOL (SOL), soared 35% from October 5 to October 11, reaching $222, its highest since December 2021. The move has left traders speculating whether Bitcoin (BTC) could reach its all-time high of $260, especially after it crossed $84,500 on the back of steady institutional inflows and expected regulatory clarity in the United States.SOL outperformed the broader altcoin market in the six days ending October 11, up 33% over the same period. Investors’ optimism about SOL is fueled in part by Solana’s expanding smart contract activity, as evidenced by the total value locked. (TVL).The total value of Solana…