Xapo Bank recorded a 24% global increase in bitcoin-backed loan initiations during Q2 2025, with European members driving 72% of the total volume, according to its Digital Wealth Report released this week. Xapo Q2: Bitcoin Loans Up 24%, Millennials Boost Crypto Holdings 10% The Gibraltar-based bank Xapo noted members increasingly use bitcoin ( BTC) holdings […] Original
Update (July 18 at 5:08 pm UTC): This article has been updated to include more information on Circle’s attendance at the signing ceremony, scheduled for 6:30 pm UTC. Several high-profile figures in the crypto and blockchain industry have announced that they plan to be by US President Donald Trumpโs side when he signs a stablecoin bill into law on Friday. After delays that looked like they could derail votes on the bills this week, members of the US House of Representatives passed three pieces of crypto legislation on Thursday: the…
Global interest in de-dollarization has grown, but tangible progress remains limited due to political and strategic constraints. VALR co-founder Badi Sudhakaran argues that USD-based stablecoins may prove more effective than the AU initiative known as PAPSS for cross-border payments. Dollarโs Enduring Appeal Challenges De-Dollarization Efforts In recent years, the discourse surrounding de-dollarization has intensified, capturing [โฆ] Source CryptoX Portal
Bitcoin continues to maintain upward momentum despite a recent pullback from its all-time high. Currently trading at $117,847, the asset has recorded nearly a 10% gain over the past week. The dip from peak levels, approximately a 4.1% decline, has not dampened broader investor sentiment, with several on-chain indicators suggesting renewed buying interest and reduced selling pressure. Bitcoin Whale Withdrawals Decline, While Stablecoins Flow In In a recent analysis posted to CryptoQuantโs QuickTake platform, analyst Amr Taha shared insights pointing to a strategic change in behavior among key Bitcoin holders…
Key Notes PYUSD becomes available on Arbitrum with $100,000 weekly purchase limits and $25,000 weekly send restrictions. Arbitrum’s token price surged over 10% following the integration announcement across social media platforms. The L2 expansion supports PayPal’s 2025 strategy to integrate PYUSD with 20 million small businesses globally. A July 15 update to PayPalโs cryptocurrency terms and conditions shows that PYUSD is now supported on the Arbitrum network alongside its previous availability on the Ethereum and Solana blockchain networks. The update indicates that transfers will be lower-end capped to a minimum…
JPMorgan Chase, the largest bank in the United States with $3.6 trillion in assets, has plans to โto be involved in [โฆ] stablecoins,โ CEO Jamie Dimon said on Tuesday during an earnings conference call. According to Dimon, JPMorganโs move into the stablecoin space is partly driven by competition from fintech companies, which are increasingly trying to replicate features of the traditional financial system. โWeโre going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it,โ Dimon said. โI think theyโre real, but…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io “Ready for the wild story of Vitalik Buterin? Back in 2011, this 17-year-old was flat broke, scribbling articles for a blog to earn 5 Bitcoin a popโbarely $4 back then! No fancy PC for mining, no cash to buy crypto, just a kid diving into Bitcoin forums and writing to get by. That spark of curiosity? It led him to co-found Bitcoin Magazine and, later, build Ethereum, changing the crypto game forever. Check out how a teenโs side hustle became a billion-dollar…
The Core Foundation, the organization behind the Core blockchain, is launching a new revenue-sharing mechanism for the Web3 industry intended to shake up how stablecoin issuers and developers raise funds. Rev+ claims to be the first protocol-level program that directly rewards developers, stablecoin issuers and decentralized autonomous organizations (DAOs) based on their created user value. Once launched, it will allow projects to earn revenue from user-generated gas fees on their blockchain applications. It could provide a sustainable revenue stream for developers, who were previously forced to launch cryptocurrencies to raise…
Key Notes Ripple has decided to push its USD-pegged stablecoin RLUSD into the European market. The firm initially expanded into Europe by establishing Ripple Payments Europe SA in Luxembourg. Ripple has officially applied for a US national banking license with the Office of the Comptroller of the Currency. San Francisco-based blockchain payments firm Ripple Labs Inc has decided to push its USD-pegged stablecoin RLUSD into the European market. It is focused explicitly on entering the region through Luxembourg under the almost seven-month-old Market in Crypto Assets (MiCA) regulation. This move…
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Crypto News: Senate passes the stablecoin legislation bill the GENIUS Act. JPMorgan launches a deposit token on Base, Coinbase’s Ethereum Layer 2. Show Sponsor – ๐ Safely Store your Crypto with Trezor Hardware Wallets – ๐กGet the (Re)Thinking Crypto Book on Amazon – ๐ฅ๏ธ Learn Crypto with Expert Commentary – Sponsors: ๐Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. ๐ Propy (PRO) is a blockchain-based real estate marketplace and decentralized title registry that leverages…