In today's digital age, crypto is being democratized at a breakneck pace. The most striking proof of this is the recent collaboration between two titans, PayPal and Ledger, aimed at simplifying the purchase of cryptos. This union marks a major turning point in the fintech sector. Indeed, the once formidable barriers of crypto are now dissipating, offering unprecedented accessibility.
Fundstrat co-founder Tom Lee has predicted that the price of Bitcoin (BTC) could explode to $150k under certain conditions. If the U.S. SEC approves Bitcoin ETFs, the parent cryptocurrency could see its price cross the $150k mark. Among other key factors favoring this trend, he also states the interaction of cryptos with the general monetary climate.
PayPal has been at the forefront of the crypto scene since the deployment of its recent stablecoin, PYUSD. However, in the UK, the situation is different: this payment platform must align itself with Financial Conduct Authority (FCA) regulations, forcing it to temporarily suspend crypto purchases.
Woof! August 16 will go down in cryptocurrency history forever. Shiba Inu's Ethereum Layer 2 blockchain was activated on that very day. Shibarium, that bewitching word (and concept) will be on everyone's lips from now on.
COIN: A Founder's Story is a documentary directed by Emmy Award-winner Greg Kohs. It tells the story of the creation of Coinbase, the world's first publicly listed cryptocurrency company. The film follows Coinbase's founders, Brian Armstrong and Fred Ehrsam, from the beginning of their adventure to the company's listing on the stock exchange.
Over the past week, the crypto market has suffered a significant fall, affecting all assets. The flagship altcoin, Ether, recorded a 10.31% drop on Thursday. Nevertheless, a clever whale managed to dodge the turbulence by liquidating a significant amount of ETH just before the crash.
According to many experts, the American currency may not be around much longer. Long the dominant force on the global money market, the dollar may now be doomed to certain death. Many American politicians scoff at the idea, rather than believing it. But former President Donald Trump is taking the prospect very seriously, and is sounding the alarm.
So it's no rumor: BNB must under no circumstances give up the $212 mark, and Binance CEO CZ is in the front line to defend it. The slightest deviation could precipitate an imminent liquidation, with unpredictable consequences for the crypto market.
Ripple now has a major competitor. Stellar, has just acquired a stake in international payments giant MoneyGram, now becoming a full-fledged player in the payments sector, on a par with fintech Ripple. This announcement comes just days after Ripple joined MasterCard and Swift in the Bank for International Settlements' working group on cross-border payments. Is it safe to say that MoneyGram will now serve as a springboard for Stellar in its competitive battle against Ripple?
After a rather rough week, XRP, Ripple's native crypto, is back in the spotlight. A significant rise that propels it to the top of the altcoin rankings. So who do we thank? To the whales, who are doing a remarkable job on the markets.