Crypto News

This week, markets have been thrown into turmoil by Trump’s trade skirmishes and his refusal to dismiss the possibility of an impending U.S. recession. At the moment, participants on Polymarket are wagering a 39% probability that the U.S. will slip into an economic downturn before the year concludes, while the likelihood of a Federal ReserveSource link

Geoblocking crypto users from airdrops has left a massive hole in some American users' wallets, according to a new report.Source link

Bitcoin’s price rebounded late Tuesday afternoon (4 p.m. ET), climbing to the $83,568 range after dipping below $80,000 earlier in the day. This movement coincided with Canada’s decision to halt electricity tariffs on the United States and Ukraine’s agreement to a 30-day ceasefire with Russia following U.S.-led negotiations in Saudi Arabia. Crypto Market Improves asSource link

Off the Grid is playable on PS5, Xbox, and PC in early access, with the Avalanche L1 mainnet launch (and GUN token) expected very soon.Source link

Crypto payments firm Mesh announced on Tuesday it has raised $82 million to expand its stablecoin-based payments settlement network globally.The series B round was led by Paradigm, with ConsenSys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital participating.Most of the capital raise was settled in PayPal's PYUSD stablecoin, according to the press release.Mesh develops a payments network on blockchain rails, connecting crypto wallets with exchanges payment service providers for merchants. With Mesh, users can pay with crypto assets such as bitcoin (BTC), ether (ETH) and Solana's SOL, while merchants settle the payment in stablecoins of their choice including Circle's USDC, Paypal's PYUSD and Ripple's RLUSD."Regulatory clarity is taking shape, institutions are leaning in, and stablecoins are booming,...