PayPal Completes Its First Business Payment Using Stablecoin PYUSD

PayPal recently completed its first business payment using its proprietary stablecoin, PYUSD, marking a significant step in demonstrating how digital currencies can streamline commercial transactions, according to a report by Paige Smith for Bloomberg News. The payment, made on 23 September 2024, was for an invoice sent to Ernst & Young LLP and was facilitated […]

Dogecoin Sees Record Growth: Active Addresses Surge 72% in Major Network Expansion

The meme-inspired cryptocurrency Dogecoin ($DOGE) has seen its “largest spike in active addresses in the past six months,” as the number of addresses active on its blockchain recently surged to 84,306. That’s according to data from on-chain analytics firm Santiment, first shared by popular cryptocurrency analyst Ali Martinez, who also noted that the Dogecoin network […]

Markets

Bitcoin ($BTC) Price Analysis

Bitcoin Analyst Foresees ‘Explosive Rally’ to $130K Based on This Rare ‘Buy’ Signal

On 24 July 2024, popular pseudonymous crypto analyst “Mikybull Crypto” shared insights on Bitcoin (BTC) via posts on X (formerly Twitter). He explained some technical indicators and predicted potential price movements, making it accessible for those unfamiliar with advanced trading concepts. In his first post, the analyst shared a chart showing Bitcoin’s price along with […]

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CCData

Binance’s Market Dominance Drops to 4-Year Low: CCData Report

The September 2024 edition of CCData’s Exchange Review report reveals several significant trends in the digital asset market. CCData, an FCA-authorized benchmark administrator, is a global leader in digital asset data. It offers high-quality real-time and historical data for institutional and retail investors. Known for its expertise and objective insights into the digital asset industry, CCData publishes […]

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