Top US-based crypto exchange platform Coinbase is abruptly adding support for one decentralized finance (DeFi) lending protocol built on Ethereum (ETH) and Base. In a new announcement, Coinbase says it’s adding support for borrowing and lending project Morpho (MORPHO), causing the digital asset to rise in price. News of the addition sent MORPHO flying as
Blockchain tracking firm Lookonchain says one crypto trader is looking at multi-million dollar losses after trading the official memecoin of Melania Trump, wife of US President Donald Trump. According to Lookonchain, the trader scooped up nearly 14 million Melania (MELANIA) last month for about $30 million, only to sell off all his holdings this week
A new decentralized artificial intelligence (AI)-based altcoin is surging to the upside after abruptly gaining support from the world’s largest crypto exchange platform by volume. In a new announcement, Binance says its adding support for MyShell (SHELL), a protocol that allows users to create, share and own AI agents that can be used for professional
Online payments giant PayPal is reportedly eyeing to expand the user base of its US-dollar-backed stablecoin by integrating the asset into several of its products this year. Bloomberg reports that the California-based firm is targeting its more than 20 million small-to-medium-sized merchants to use PayPal USD (PYUSD) by giving them the option to use the
A popular market analyst known for his timely crypto calls says that the astronomical altcoin gains of the last cycle are probably never going to happen again. Pseudonymous trader Pentoshi tells his 858,600 followers on the social media platform X that altcoins now have less potential to print the same level of gains seen in
Mastercard is announcing a new partnership with Ondo Finance (ONDO) that will see the project join the credit card giant’s Multi-Token Network (MTN), a blockchain that links commercial banks and digital assets. In a new press release, Mastercard says it is joining forces with the real-world asset (RWA) tokenization protocol because the firm believes blockchains
Bank of America, one of the largest financial institutions in the US, is planning to launch its own stablecoin, according to its CEO. In a new interview at the Economic Club of Washington, D.C., Bank of America CEO Brian Moynihan says they intend to launch a stablecoin once laws change to allow it, Fortune reports.
A crypto whale is booking millions of dollars in losses after a long position on the Official Trump (TRUMP) turned against him, onchain data reveals. According to blockchain tracking platform Lookonchain, the whale liquidated his position in the TRUMP memecoin at a loss of $24.4 million. The blockchain-tracking platform says the whale acquired 763,582 TRUMP
Crypto strategist Michaël van de Poppe is outlining a potential path for Bitcoin (BTC) that he believes would lay the groundwork for the next phase of the bull market. The analyst tells his 777,600 followers on the social media platform X that bearish sentiment for crypto is at a high, suggesting that the bottom for
Tether CEO Paolo Ardoino says USDT will help to successfully keep the US dollar on top of the global financial power structure. In a new post to the social media platform X, Ardoino makes his argument for why USDT is the “most successful tool” for the US dollar maintaining its hegemony. “Tether built, over the