Crypto News

On Monday, PayPal unveiled its latest brainchild: PayPal Links. What’s that, you ask? Well, it’s a one-time personalized link generated right from the PayPal app that can be shared across text, email, or chat. It’s like a digital treasure map that leads to your crypto stash. The feature will first make its way to the good ol’ US of A, before conquering the United Kingdom, Italy, and some other corners of the globe later this year. 🌍

When that much supply is parked on one price level – holding around $6 billion worth of XRP, which is either a mind-boggling figure or a really, really expensive casino chip – it becomes the big red line bulls draw in the sand. Cross below it, and suddenly millions of traders find themselves underwater faster than you can say “emergency flotation device,” causing them to panic-sell like it’s Black Friday but with fewer bargains and more existential dread.

Solana’s Supertrend indicator, that fickle oracle of the markets, has whispered a “buy” signal-a siren’s call that once lured traders into a 1,300% price odyssey. 🧭✨

Solana’s price done took a nosedive by 4.13% since yesterday. I reckon the price decided it needed a little nap.

Now, despite the latest headlines, and the altcoins stealing their moment in the spotlight, the grand crypto king seems to be stuck in what we call a “distribution phase”-fancy speak for: it’s not going anywhere anytime soon. In fact, it seems like the market is just standing there, staring at the charts, waiting for something to happen. Spoiler alert: it’s not happening. 📉

As if summoned by some unseen puppeteer, several market seers squint their eyes at arcane technical runes, murmuring that this latest parade of price gains may be but a breathless gasp before the nosedive.

The U.S. Federal Reserve is about to drop a bombshell, and everyone’s holding their breath like it’s the final episode of a reality TV show. Traders are all set for a rate cut of at least 25 basis points… or maybe they’re just hoping for a miracle. 🕵️‍♀️💸

The Pakistan Virtual Asset Regulatory Authority (PVARA) has extended a polite but firm invitation to global crypto exchanges. The catch? They must already be regulated by esteemed bodies like the SEC, FCA, or UAE’s VARA. A bureaucratic dance, perhaps, but one that skips the pirouette of freedom. 🕺

It all started when Thai banks, with more enthusiasm than a booby trap in a Mel Brooks movie, decided to freeze millions of accounts over the weekend-because nothing says fun like having your moola locked up for being too similar to the big, bad scammers’ (cue dramatic music). 😏

In the grand theater of nations, El Salvador, that brave pioneer who dared crown bitcoin as legal tender and reserve, now finds itself under the solemn gaze of truth-seekers. While President Bukele loudly proclaims his sacred vow to “never stop” toileting- pardon, buying bitcoin, an eagle-eyed blockchain detective named Sani has uncovered what some might call… creative bookkeeping. 🤨