PayPal’s Stablecoin Starts Using LayerZero to Enable Ethereum and Solana Transfers
PayPal has announced that its stablecoin, which is pegged to the U.S. dollar, is now utilizing LayerZero to optimize transfers between Ethereum and Solana.
Bitwise Will Launch an Aptos ETP on Six Swiss Exchange
Bitwise Asset Management is set to introduce a bitcoin ETP on the Aptos platform on Six Swiss Exchange on November 19, 2024.
Ethereum ETFs’ Daily Inflows Reach $295M
On November 11, the exchange-traded funds (ETFs) for Ether in the United States saw their largest ever day of inflows.
Mt. Gox Moves $2B in Bitcoin
On November 10, the now-defunct exchange Mt. Gox made a significant transfer of over $2 billion to two different addresses.
MicroStrategy Acquires $2 Billion in Bitcoins
MicroStrategy Inc. has purchased approximately 27,200 Bitcoin for a total of $2.03 billion. This marks the company’s largest purchase of the digital currency since its initial acquisitions over four years ago.
Bitcoin Greed and Fear Index Reaches Highest Level in 7 Months
On November 10, the market sentiment for Bitcoin and other cryptocurrencies reached its highest level of “greed” in nearly seven months, with the Crypto Fear & Greed Index scoring 78 out of 100.
CryptoQuant: Bitcoin Could Fall to $58,000 This Year
The CEO of CryptoQuant, Ki Young Ju, predicts that Bitcoin’s price may dip below $59,000 by the end of the year due to an overheated futures market.
