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Singapore’s first licensed crypto payment firm, Triple-A, will soon allow merchants to be paid using PayPal’s new stablecoin PYUSD.
Despite recent outflows from Bitcoin ETFs, analyst Eric Balchunas says it’s only 1% of total inflows and calls it “minuscule” in the bigger picture.
The report highlights the growing relevance of emerging blockchains. Their native tokens exhibit substantial growth, surpassing Ethereum.
The recent sight of ETF outflow aligns with Bitcoin’s downward trajectory. The cryptocurrency lost 13% of its worth over the past week.
Upbit experienced interesting trading trends recently. Its daily volume dropped to $3.8 billion in early April, a notable decline from its March peak.
Spot Bitcoin exchange-traded funds have seen steady trading volumes in April after reaching a peak in early March, maintaining solid activity around $215 billion.
Bybit CEO Ben Zhou attributes the current crypto bull market to institutional investors, with a 186% increase in institutional capital flows last year.
In its journey towards decentralized governance, control will shift from Drift Labs to a three-part structure.
GBTC, the largest Bitcoin trust globally, continues to face outflows, with $110.1 million exiting the fund on April 15, a decrease from $166.2 million on April 14.
The strategic collaboration between a widely-used lifestyle app and a renowned brand like Adidas shows the evolving nature of lifestyle rewards.