Just over six months after Shopify partnered with Coinbase, payments using $USDC on Base via the integration remain only a small fraction of the e-commerce giant’s activity. The integration, announced in June of last year and involving Shopify, Coinbase and Stripe, allows merchants at Shopify to accept $USDC payments settled on Base. The payments are
Shares of publicly traded Bitcoin miners are plummeting as Bitcoin marked a new 15-month low price, dipping to $72,185 on Wednesday—now down nearly 20% over the last week. Major $BTC mining firms MARA Holdings (MARA) and Riot Platforms (RIOT) have seen their shares dip 11.6% and 10% respectively on the day to $7.99 and $13.78.
Newly unsealed Justice Department documents reveal that Coinbase co-founder Fred Ehrsam was involved in emails regarding a $3 million investment from Jeffrey Epstein in 2014, long after Epstein’s initial conviction. While Epstein’s stake was less than 1% and he held no governance role, the records show Ehrsam expressed interest in a meeting during the funding
Fold Holdings, which provides Bitcoin financial services, has rolled out an updated app experience that combines Bitcoin rewards, spending, and account activity into a single financial hub. The Phoenix-based company said the update reflects customer feedback and aims to simplify tracking and using Bitcoin, while laying the foundation for upcoming products, including the Fold Bitcoin
Spain’s second-largest lender is joining a fast-forming consortium of major banks that plans to launch a regulated euro stablecoin and reshape digital payments in Europe. Summary BBVA becomes 12th bank in Qivalis consortium Bank-backed alternative to dollar stablecoins Market context and dominant issuers Use cases for euro-denominated blockchain payments Regulatory path under MiCA Timeline and
The U.S. stock market is having an identity crisis, torn between the promise of blockbuster earnings and the panic over an artificial intelligence (AI) bubble. The Gravity of the Grift Wednesday’s mixed trading session is more than just a squiggle on a chart; it’s a stark Rorschach test for investor sentiment. With the Dow Jones
Bitcoin has long served a simple purpose: storing and transferring value. The blockchain’s inherent limitations in scalability and programmability prevented use cases like high-frequency payments and smart contracts. Launched in 2018, the layer-2 solution Lightning Network introduced noticeable improvements in scalability. It takes some of the burden offchain by creating side channels between the sender
In an analysis published following the recent sharp drop in Bitcoin ($BTC), cryptocurrency analytics company QCP Capital stated that the market is in a fragile balance in terms of both macroeconomic and derivative indicators. According to the company’s assessment, Bitcoin fell to approximately $72,900, reaching its lowest level since the post-US election rally. However, the
Bitcoin (BTC) has experienced sharp declines in recent days as part of a downward trend that began in October. With Bitcoin recently falling below $73,000, expectations of further decline are increasing. At this point, Wall Street giant Citi stated in its latest analysis that Bitcoin is at a critical juncture. According to Coindesk, Citi analysts
Nomura Holdings pushed back against suggestions it is losing confidence in crypto, saying tighter risk controls at its Laser Digital unit are designed to limit short-term earning swings while it focuses on longer-term strategies, the bank told CoinDesk in emailed comments on Wednesday. “Given the nature of the crypto-asset business, we recognize that a certain