Category: Fiat

PayPal Expands Crypto Services with MoonPay

PayPal is broadening its cryptocurrency reach by partnering with MoonPay, a move set to offer PayPal’s vast user base—over 426 million customers—access to an expanded array of more than 100 digital assets. This collaboration aims to streamline the crypto transaction process and navigate the common banking challenges that users face. MoonPay highlights that traditional crypto […]

BNP Paribas Dives into Bitcoin ETF

In a notable shift within the financial sector, multinational bank BNP Paribas has taken its first steps into the cryptocurrency market by purchasing shares in BlackRock’s iShares Bitcoin Trust (IBIT). This move was disclosed through a Form 13F filing with the U.S. Securities and Exchange Commission (SEC) on May 1, revealing that the bank acquired […]

Tight Race in US Bitcoin ETF Market

The competition for dominance in the U.S. Bitcoin exchange-traded fund (ETF) market is intensifying, with the leading funds jostling for the top position. Grayscale Bitcoin Trust (GBTC) currently holds the crown with $18.7 billion in assets under management (AUM), equivalent to about 297,000 Bitcoin. Despite this, GBTC is facing significant pressure from BlackRock’s iShares Bitcoin […]

Stripe Integrates Avalanche for Crypto Expansion

Stripe, a leading payments processor, is intensifying its commitment to the cryptocurrency sector with its latest move to integrate Avalanche, marking another significant stride towards embracing blockchain technology. This development follows closely on the heels of Stripe’s recent announcement that it now supports USD Coin (USDC) stablecoin payments, signalling a broadening of its crypto capabilities. […]

Stripe Re-enters Crypto with USDC Payments

Stripe, the prominent payments processor, announced its renewed engagement with the cryptocurrency world, revealing plans to enable merchants to receive payments in USD Coin (USDC) starting this summer. This development marks a significant stride for the San Francisco-based firm as it once again embraces the evolving digital currency landscape. USDC, the second-largest stablecoin by market […]

Hong Kong Approves Bitcoin, Ethereum ETFs

Hong Kong’s Securities and Futures Commission (SFC) has made a significant move in the cryptocurrency market by officially approving several spot Bitcoin and Ethereum exchange-traded funds (ETFs). This development marks a notable advancement in the accessibility of cryptocurrency investments in the region. The approved ETFs include products from ChinaAMC, Harvest, and Bosera HashKey, with the […]

BlackRock’s Bitcoin ETF Nears Record Inflow Streak

BlackRock’s spot Bitcoin ETF (IBIT) continues to make headlines as it extends its daily inflow streak to 70 consecutive trading days. This remarkable trend places the ETF on a path that could see it matching the record-setting 160-day streak held by JP Morgan’s Equity Premium Income (JEPI). Since the fund began reporting its flows on […]

Grayscale Launches New Low-Fee Bitcoin Mini Trust

Grayscale Investments has unveiled its latest financial innovation, the Bitcoin Mini Trust, set to be listed on the NYSE Arca with the ticker symbol BTC. This new fund emerges as a strategic manoeuvre to offer a more cost-effective investment option in the digital asset space, boasting an impressively low fee rate of just 0.15%. Introduced […]