Crypto News

Bitcoin's ETF inflows have dropped by 80%, yet futures positioning and on-chain profitability remain high. This divergence highlights potential market pressures, according to Glassnode. (Read More)Source link

Sharplink has acquired an additional 77,210 Ethereum, valued at approximately $295 million, increasing its total holdings to 438,017 ETH, worth around $1.69 billion. This move follows the recent recruitment of Blackrock’s top crypto strategist, signaling a robust push into ethereum through aggressive staking and institutional-grade execution. Headquartered in Minneapolis, Minnesota, and listed on Nasdaq underSource link

Digital payments giant PayPal (PYPL) said it is rolling out a service that lets U.S. merchants accept over 100 cryptocurrencies in payment for purchases as it aims to cut cross-border fees.The feature, dubbed Pay with Crypto and available in the coming weeks, enables shoppers to use crypto wallets like MetaMask and Coinbase at checkout. Payments can be made with digital assets such as bitcoin (BTC), ether (ETH), XRP (XRP) and stablecoins like USDC and USDT, covering 90% of the total crypto market cap. The merchants receive U.S. dollars, settling the transaction almost instantaneously, a spokesperson said Monday.The company will charge a 0.99% service fee, some 90% less than international credit card processing, PayPal said."Businesses of all sizes face incredible pressure...

The veteran asset manager advised investors to hedge against macroeconomic risks around rising government debts.Source link

OKX Ventures' early investment in Sui, a blockchain by Mysten Labs, is proving successful by revolutionizing blockchain technology with its unique Move language and modular internet stack. (Read More)Source link