PayPal to Introduce 3.7% Return on Stablecoin Holdings
PayPal is set to begin offering a 3.7% annual yield on balances held in its native stablecoin, PayPal USD (PYUSD), in an effort to boost adoption and usage. According to a report from Bloomberg on April 23, the initiative is aimed at incentivizing more users to hold and transact with PYUSD. The rewards program is […]
Bitcoin enters the world’s top 5 largest assets – Surpasses Google, Silver, and Amazon
Bitcoin (BTC) has just taken a major leap forward in the world of finance, climbing into the top five most valuable assets on the planet. As of April 23, Bitcoin’s market cap has reached an impressive $1.87 trillion, overtaking Alphabet (Google), which currently stands at $1.859 trillion, according to global asset rankings. Only gold, Apple, […]
ECB Warns of Financial Risks from US Crypto Advancements
The European Central Bank (ECB) has voiced concerns about potential financial instability stemming from the United States’ growing support for the cryptocurrency sector, especially regarding the expansion of dollar-based stablecoins. A policy document reviewed by Politico reveals that the ECB is advocating for updates to the recently enacted Markets in Crypto-Assets Regulation (MiCA), suggesting that […]
US Bitcoin ETFs Record Highest Inflows Since January Amid Market Momentum
Bitcoin exchange-traded funds (ETFs) based in the US just saw their biggest surge in inflows since late January, as the broader crypto market remained strong through the Easter period. On April 21, the 11 Bitcoin ETFs collectively brought in $381.3 million in net inflows, with the ARK 21Shares Bitcoin ETF (ARKB) leading the charge with […]
US Dollar and Stocks Slide as Crypto Rallies Amid Trump-Fed Clash
While traditional markets stumbled, the crypto space continued its upward momentum following fresh criticism from former US President Donald Trump directed at Federal Reserve Chair Jerome Powell. On April 21, American stock indices took a hit — the S&P 500 fell by 2.4%, the Nasdaq lost 2.5%, and the Dow Jones dropped nearly 1,000 points, […]
Michael Saylor’s Strategy Scoops Up 6,556 BTC Worth $555.8M Amid Market Surge
Strategy, the publicly traded giant led by Michael Saylor and known for its massive Bitcoin holdings, made another big move last week as Bitcoin hovered near $85,000. Between April 14 and 20, the company picked up 6,556 BTC at an average price of $84,785, totaling roughly $555.8 million, according to its recent SEC Form 8-K […]
US Dollar Drops — 5 Key Things to Know About Bitcoin This Week
1. Bitcoin’s weekend pump raises eyebrows Bitcoin kicked off the week with a 3% jump, hitting $87,705—its highest level in almost three weeks. Despite the move, traders aren’t fully convinced. The price spiked over the weekend when traditional markets were closed, leading many to call it a low-volume breakout. Some say a real bullish signal […]
Scammers Flood CZ’s Wallet With Fake ‘Grok’ Tokens in New Wave of Elon Musk-Inspired Crypto Frauds
Fraudsters are once again exploiting the buzz around Elon Musk’s AI chatbot Grok, launching counterfeit tokens in what appears to be a new round of phishing schemes. On April 21, a wallet associated with former Binance CEO Changpeng “CZ” Zhao was sent 90 million fake Grok (GROK) tokens, according to findings from blockchain security firm […]
Manta Network Founder Reveals Lazarus-Backed Zoom Phishing Attack Using Convincing ‘Legit Faces’
Kenny Li, co-founder of Manta Network, recently shared his experience of being targeted by a highly advanced phishing attack on Zoom. The attack involved fake live video calls with people he recognized, in an effort to convince him to download malware. Although the video feed appeared legitimate with the impersonated person’s camera on, the absence […]
Altcoins Could Gain Momentum in Q2 2025 Amid Positive Regulatory Shifts
Altcoins may be on track for a significant comeback in the second quarter of 2025, fueled by more favorable regulatory conditions, according to Swiss digital asset bank Sygnum. In its latest Q2 2025 market outlook, Sygnum noted that the regulatory environment for cryptocurrencies has improved “dramatically,” laying the groundwork for a strong rally in the […]