SoFi Bank taps Bitcoin Lightning for cross-border payments via Lightspark
SoFi Bank will use Bitcoin’s Lightning Network to launch low-cost international money transfers, beginning with Mexico later this year. As part of its partnership with payments infrastructure provider Lightspark, announced on Aug. 19, SoFi Bank will offer near-instant cross-border payments…...
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UK Bitcoin ETNs Could Be a Bigger Deal Than People Expect
After four years in the wilderness, bitcoin (BTC) exchange traded notes (ETN) are set to return to London and the change could prove more significant than many expect. Starting Oct. 8, these products, which allow retail investors to gain exposure to the cryptocurrency without buying it themselves, will become...
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Qubic’s 51% Attack Plans Trigger DOGE Crash, Futures Open Interest Drops 8%
Dogecoin tumbled sharply on Tuesday after the Qubic blockchain community voted to target DOGE for a potential 51% attack, days after it claimed responsibility for compromising Monero’s network. Security fears collided with broad crypto weakness, pushing DOGE into heavy sell pressure despite continued whale accumulation. News Background • Qubic’s...
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XRP Pushed Into $2.90 Support Zone Amid ETF Delays, Poor Security Rankings
XRP extended losses in the past 24 hours, slipping under the $3.00 mark after a sharp rejection at resistance. A combination of blockchain security concerns and delayed regulatory decisions drove heavy selling and profit-taking across institutional desks. News Background • A security audit ranked XRP Ledger lowest among 15...
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Cardano, Dogecoin Lead Crypto Losses as Bitcoin Traders Fear Pullback to $100K
Bitcoin (BTC) and ether (ETH) traders booked profits over the past 24 hours after the assets hit record highs, while macro headwinds and elevated leverage added pressure across major tokens. Bitcoin fell back to $113,500, down more than 1.5% on the day. Some analysts warned of the fragility of...
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Bullish To Leverage Solana Stablecoins For Strategic $1.15 Billion Capital Raise
Bullish, a cryptocurrency exchange backed by venture capitalist Peter Thiel, has filed with the US Securities and Exchange Commission (SEC) to utilize Solana (SOL) stablecoins in the exchange’s latest effort to raise $1.15 billion. This announcement comes shortly after the exchange went public on the New York Stock Exchange...
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These Could be the Next Crypto to Explode as Wyoming Launches Its FRNT Stablecoin
Wyoming became the first US state to launch its own stablecoin with Frontier ($FRNT). The move can have a dramatic impact on how government entities disburse payments and increase the adoption of digital currencies in general. With greater crypto adoption could also come increased interest in other digital assets....
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Bitcoin price dips to $113K as retail sentiment turns sharply bearish — what’s next for BTC?
Bitcoin dips to $113,000 as retail sentiment turned bearish but BTC whales have kept adding to their holdings....
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Brian Armstrong Hails ‘Great Progress’ As Coinbase Rolls Out Advanced Trading For Popular Coins Solana, XRP
Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), cheered the addition of XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) to its perpetual futures offering on Tuesday. XRP, SOL Perpetual-Like Contracts With Up To 5x Leverage Armstrong called the addition a “great progress” that will enable U.S. traders to bet on SOL...
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Bitcoin, Stocks Hit By $400B Liquidity Drain From U.S. Treasury Account, Not Jackson Hole: Analysts
Move over Jackson Hole and inflation fears. The real driver behind the recent swoon in crypto and stock markets is likely the impending liquidity drain stemming from the U.S. government’s Treasury General Account (TGA), a checking account held at the Federal Reserve that is poised for a significant buildup....
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