PayPal Brings Its Stablecoin to Stellar for Cross-Border Remittances, Payments Financing
PayPal (PYPL) is bringing its PYUSD stablecoin to the Stellar blockchain network to strengthen the dollar-pegged token’s position in cross-border remittances and payment financing, the companies said on Wednesday. PYUSD, which already operates on Ethereum and Solana, will expand to Stellar to explore new areas like payment financing, or...
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Ondo Finance Debuts $693M Treasury Token on XRP Ledger Amid Soaring RWA Trend
Tokenization platform Ondo Finance ONDO has debuted its flagship U.S. treasury-backed token on XRP Ledger (XRPL), giving institutional investors new tools to manage cash on the blockchain. Qualified purchasers can mint and redeem Ondo Short-Term U.S. Government Treasuries (OUSG) tokens around the clock using Ripple’s U.S. dollar stablecoin RLUSD,...
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Moody’s Ratings Brings Credit Rating to Solana in Real-World Asset Tokenization Trial
Global credit rating giant Moody’s Ratings and tokenization startup Alphaledger have completed a test run showing that municipal bond credit ratings can be embedded into blockchain-based securities, the companies told CoinDesk. The trial, conducted on the Solana SOL blockchain, showcases how credit ratings—typically distributed through proprietary data terminals—could be...
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Bitcoin Miner IREN to Raise $450M From Convertible Debt Offering
Bitcoin BTC and AI data center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the company said in a press release. The notes, due in 2029, will be offered to qualified institutional buyers and could expand by another $50 million if initial...
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U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher
There was good news on the U.S. inflation front in May as both the headline and core rates of the Consumer Price Index rose less than forecast. The CPI rose 0.1% in May, according to the Bureau of Labor Statistics. Economist forecasts had been for 0.2% and April’s pace...
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Litecoin Rose Against the Trend. PFMcrypto Launches LTC Cloud Mining, Daily Subscription Volume Surges 300%
LOS ANGELES, June 11, 2025 (GLOBE NEWSWIRE) — On May 31, the SEC announced the postponement of the approval of other altcoin ETFs such as Solana and XRP, but left the Litecoin ETF ruling window alone, which was interpreted by the market as a potential positive signal. For the...
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As Bitcoin price breaks through $110,000, PBK Miner leads 8 million users into the era of automated cloud mining
Carshalton, UK, June 11, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin (BTC) surges to over $110,000, cryptocurrency enthusiasts are increasingly interested in ways to securely and passively earn real BTC. To this end, PBK Miner has expanded its automated cloud mining platform to cover more than 183+ countries...
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Will Ethereum price reach $3,000 in June?
Ethereum price made a bullish breakout this week, reaching a high of $2,832, its highest level since February 4. Ethereum (ETH) has jumped 102 percent from its lowest level in April, giving it a market capitalization of $333 billion. Currently…...
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US-China Trade Agreement Announced, CPI Data Released: Bitcoin’s Market Reaction
US President Donald Trump took it to his social media platform, Truth Social, to announce that the two leading economic countries have reached a trade deal agreement, which is now in the final stretch of being officially signed. The terms include a total of 55% tariffs for the US...
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XRP Gains 2%: What Is Going On?
XRP (CRYPTO: XRP) rose 2% as fresh developments across the Ripple ecosystem fueled optimism, with traders eyeing a potential breakout. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.31 $136 billion +0.3% +2.7% Bitcoin (CRYPTO: BTC) $109,214.48 $2.17 trillion -0.6% +3.7% Ethereum (CRYPTO: ETH) $2,768.92 $333.7...
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