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The PayPal PYUSD stablecoin is changing the way businesses pay each other. The company just made its first corporate payment using PYUSD. This shows how digital currencies can facilitate business transactions, especially across borders.Also read: Solana-based Popcat hits new all-time high: $2 next?Unlock the potential of business payments with PayPal PYUSD Stablecoin and Ernst & Younggroundbreaking dealOn September 23, 2024, PayPal paid an invoice to Ernst & Young LLP using PYUSD. SAP SE’s Digital Currency Hub was used for this transaction. This shows that stablecoins can work well with existing payment systems.Streamline cross-border paymentsPYUSD solves many problems with traditional business…

The ongoing legal battle between Ripple and the SEC has created mixed feelings towards XRP, with many investors wondering what it means for the future of this cryptocurrency. The SEC’s appeal in the Ripple case could act as a double-edged sword, giving financial institutions the opportunity to buy XRP at a lower price. Alpha Lions Academy CEO Ed Farina says the SEC’s recent decision to appeal Ripple’s case is not necessarily a setback for XRP, but rather an opportunity for institutional investors to acquire XRP at a discount. He said it is a way to give people more opportunities to…

A new weekly report on the movement of funds in the exchange-traded product (ETP) market with a focus on cryptocurrencies has been released by CoinShares. One of the main highlights of the latest research is the performance of Cardano ETPs, with investors using these financial instruments for crypto investments gaining 300% more money in the past seven days than the previous week. Poured into Cardano ETP.As a result, $300,000 was added to the ETP centered on ADA tokens. Since the beginning of this year, Cardano has seen $13 million in inflows, and its ETP provider has a total of $49…

Illustration: Lanette Behiry/Adobe StockTether RE takes top spot in T3 Tech Summit pitch battle, DropOffer launches platform for off-market trading, and Rayse platform goes live with 200 brokerages.Editor’s note: Technology is a driving force in real estate. From startups to established companies, technology companies are constantly innovating, growing, and building partnerships. Here are some of the latest news about companies that are helping advance the industry. Tether RE wins T3 Technology Summit Pitch BattleTether RE, a platform that improves safety and productivity for real estate agents, took top honors at the 2024 T3 Technology Summit Pitch Battle held in New…

In recent months, market participants have been divided on the general sentiment behind the XRP price. Recent market developments have led many investors to adopt a negative outlook on the cryptocurrency’s price, especially considering its failure to reach new highs above $0.6. Moreover, this negative outlook was recently made even worse by the news of the SEC’s appeal of the ruling in the Ripple-SEC case. One prominent analyst who has adopted a negative outlook on XRP is Max Kaiser. According to him, the XRP rally that community members have been waiting for will never happen. Bitcoin maximalist says XRP price…

Dogecoin (DOGE) has recently shown a bullish crossover in the moving average convergence divergence indicator. This means the token could appreciate up to 180% in the coming months. Meanwhile, RCO Finance (RCOF) is expected to rise by a massive 1,600% by the end of 2024. How can cryptocurrency enthusiasts benefit from this epic surge? Let’s find out. Top Analyst Predicts Dogecoin Pump After Bullish Crossover Dogecoin is seeing a bullish cross between the MACD and the signal line on the weekly chart. Based on the MACD indicator readings, DOGE could see a significant rally. According to Ali Martinez, a well-known…

Semiconductor specialist Nvidia (NASDAQ: NVDA) has emerged as the face of the artificial intelligence (AI) revolution. Over the past two years, the company has increased its market capitalization by trillions of dollars and is now the third most valuable company in the world, behind Apple and Microsoft.But despite its meteoric rise to the top, some of the world’s largest hedge funds have recently sold NVIDIA stock. Two notable examples include Ken Griffin’s Citadel, which cut its stake in Nvidia by 79% last quarter, and DE Shaw, which cut its holdings by about half.With AI being the next big frontier, isn’t…

Cryptocurrency analyst Charting Guy argues that XRP will continue its obscene price fluctuations until Bitcoin, the largest crypto asset, gains a foothold. The mood surrounding XRP, the native token of XRPL, has turned dark recently following the recent notice of appeal by the U.S. Securities and Exchange Commission (SEC). For context, the US securities watchdog filed a notice of appeal challenging Judge Analissa Torres’ ruling on October 2nd. Over the past 24 hours, XRP is up 1.33%, but over the past 7 days it has fallen over 16%. Nevertheless, bullish sentiment continues to grow around the XRP Ledger ecosystem, with…

Metaplanet, the Japanese MicroStrategy, has purchased an additional 108.786 Bitcoins for approximately $6.7 million, according to a recent announcement from CEO Simon Gerovich.According to recent data, the publicly traded company already holds $40.6 million worth of Bitcoin.According to data from CoinGecko, Bitcoin is up 2.3% in the past 24 hours and remains at $63,419. The Tokyo-based investment advisor first adopted a MicroStrategy-style Bitcoin investment strategy in May. related Metaplanet stock is up more than 10% following recent Bitcoin purchases. Earlier this month, Gerovich predicted that every institution in the world would eventually have Bitcoin on their balance sheets. “It’s not…

Cryptocurrency horoscopes predict a bull market, but seismic events occurring in the cryptocurrency industry could cause a cycle meltdown. USDT, the largest stablecoin, could come under regulatory scrutiny in the European Economic Area (EEA) due to new MiCA regulations, threatening its market dominance and potentially banning it from the EU There is. Coinbase plans to delist USDT in the European Economic Area (EEA) Recently, Coinbase, a leading cryptocurrency exchange, announced that all unlicensed stablecoins that are not compliant with the European Union’s Cryptocurrency Market Regulation (MiCA) will be removed from the European Economic Area (EEA), which consists of 30 countries.…