Category: Token Trends
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Solana’s $87M Revenue Surpasses ETH, BTC amid Weak US Jobs Data
Solana generated $87M in revenue, surpassing Ethereum and Bitcoin, as weak US jobs data impacted crypto markets. SOL’s performance highlights its growing adoption and network activity.
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Is PayPal’s New Fiat Platform a Stablecoin Killer?
PayPal launches a fiat-based platform linking domestic wallets globally, mirroring stablecoin functions without blockchain. It supports PYUSD stablecoin integration but raises questions about crypto’s future role.
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Cathie Wood Supports Ethereum Treasury Strategy with $182M BitMine Bet
Cathie Wood’s ARK Invest allocated $182M to BitMine’s Ethereum treasury strategy, signaling confidence in ETH’s yield potential and corporate treasury applications amid growing stablecoin dominance.
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BNY Mellon and Goldman Sachs Target $7T Fund Market With Digital Asset Tokenization – Finance Bitcoin News
BNY Mellon and Goldman Sachs are leveraging blockchain to tokenize money market funds, aiming to transform the $7T fund market with real-time, programmable asset flows.
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Ether Machine Boss Snubs Bitcoin, Backs Ethereum As Superior Bet
Ether Machine’s Andrew Keys favors Ethereum over Bitcoin, citing its advanced capabilities. He supports the GENIUS Act for stablecoin growth and predicts institutional adoption. Ethereum’s SPAC listing aims to raise $1.5 billion.
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Ethereum Maxi Compares Bitcoin To Outdated Landlines, Reveals Why ETH Is Better | Bitcoinist.com
An Ethereum advocate compares Bitcoin to outdated landlines, praising ETH’s smart contracts and tokenization. ETH’s efficiency, yield potential, and environmental benefits are highlighted as superior to BTC.
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Square Launches Bitcoin Payments for Merchants, Targeting 4 Million Sellers by 2026 – Brave New Coin
Block’s Square enables Bitcoin payments for merchants via Lightning Network, targeting 4 million sellers by 2026. The system reduces fees and offers real-time conversion to USD.
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Block joins S&P 500, becomes third Bitcoin holding firm in the index
Block joins S&P 500, becoming the third Bitcoin-holding firm in the index alongside Tesla and Coinbase, with 8,584 BTC. Its stock rose 10.7% post-announcement, though shares remain down 13% YTD.
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Another One: Japan’s Kitabo Turns to Bitcoin for Treasury Reserves
Japanese firm Kitabo adopts Bitcoin for treasury reserves amid financial losses, joining other companies using BTC as a hedge against currency devaluation and for cross-border services.
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Tether Reveals Massive Investment Portfolio of Over 120 Companies in Crypto, Fintech, Social Media and More – The Daily Hodl
Tether discloses its investment portfolio of over 120 companies across crypto, fintech, and social media, funded by its $13.7B profits, aiming to promote decentralization and innovation.