Bithumb Temporarily Suspends XION Deposits And Withdrawals For Crucial Network Upgrade

The post PayPal Expands to Nine New Chains & Metamask Token Confirmed appeared on BitcoinEthereumNews.com. PayPal’s US dollar-backed stablecoin – $PYUSD – is going permissionless and multichain across nine blockchains. Meanwhile, MetaMask, the world’s leading self-custody wallet, is finally entering the token game. With crypto adoption on the rise, now’s a great time to consider $BEST. The reason is that it’s the native token of Best Wallet, a non-custodial crypto app built for the next wave of digital asset growth. $PYUSD Set to Launch Across Avalanche, Sei, Abstract $PYUSD currently supports Ethereum, Solana, Arbitrum, and Stellar. However, its permissionless upgrade, $PYUSD0, will expand its reach across numerous chains: Avalanche, Sei, Abstract, Ink, Stable, Tron, Berachain, and Flow. In doing so, $PYUSD0 can reach the most demanding markets. Plus, users who want to gain faster access to the stablecoin can do so without relying on banks and without relying on platforms like Venmo or PayPal. ‘By working together [with LayerZero], we will enable PYUSD to reach new markets faster while maintaining compliance and composability from day one.’ — David Weber, Head of Ecosystem, PayPal USD. The market’s already reacting to the expansion with intense enthusiasm. Since the news broke out, $PYUSD’s market cap has surpassed $1.3B for the first time. And it’s not the only major crypto move that PayPal has recently made. Earlier this week, it also announced that it’ll soon expand peer-to-peer crypto payments through its new Links feature. Source: X (PayPal) It’ll enable you to move digital assets like $PYUSD, BTC, and $ETH through easily shareable payment links via texts, direct messages, or emails. Its ultimate aim? To make crypto transactions faster and simpler across PayPal, Venmo, and compatible wallets worldwide. And it’s not the only financial titan making big crypto moves. In a recent interview with The Block, ConsenSys CEO Joseph Lubin addressed long-running speculation over a potential MetaMask token. ‘The MASK…

The post Turning Points in the Bitcoin Market: A Deep Dive into Future Price Moves appeared on BitcoinEthereumNews.com. Peter Brandt, a distinguished figure with a half-century of expertise in market analysis, has put forth a new Bitcoin chart analysis that may cause apprehension among stakeholders. Following a robust five-wave rally, the chart’s weekly outlook signals a broken curve, identifying two potential support zones notably beneath the current Bitcoin valuation. Continue Reading:Turning Points in the Bitcoin Market: A Deep Dive into Future Price Moves Source: https://en.bitcoinhaber.net/turning-points-in-the-bitcoin-market-a-deep-dive-into-future-price-moves

TLDR The SEC approved new generic listing standards for crypto ETFs, speeding up the approval process. The updated rules will reduce approval timelines from 240 days to under 75 days for crypto ETFs. Over 90 new crypto ETF applications have already been filed, targeting altcoins and multi-token baskets. The SEC’s decision is expected to lead [...] The post SEC Approves Generic Listing Standards for Faster Crypto ETF Launches appeared first on CoinCentral.