News
Altcoin News
Altcoin News
Browse all Altcoin related articles and news. The latest news, analysis, and insights on Altcoin.
ZRO Comment and Price Analysis - September 18, 2025
ZRO Technical AnalysisWhen we analyze the ZRO chart, we can see a clear symmetrical triangle formation occurring. The price is trading between the downtrend line from above and the ascending trendline from below, and it is almost at the end of the formation currently. This pattern has great potential to see a breakout in the coming days. ZRO Range Area ZRO is currently trading around the level $1.90, close to the mid-border of the triangle pattern. Here, the level at $1.75 stands as a crucial support. Below this support, ZRO might retreat to the level at $1.65, and it is possible to test the range between the levels $1.48 and $1.60 in case of a deeper correction.According to a bullish scenario, the most important resistance ahead is the level $2.08. Holding above it, ZRO could surge to the levels $2.58 and $2.75. Also, we can talk about a technical target — $3.35 — if the triangle gets broken above.Summary:The price is around $1.90, trading at the mid-border of the triangle.Holding above $2.08 would open the way for $2.58 and $2.76.Trading below $1.75 has potential risk for the levels $1.65 and $1.48.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
ZK Comment and Price Analysis - September 18, 2025
ZK/USDT Technical AnalysisAnalyzing ZK chart on a daily time frame, we see a symmetrical triangle formation shaping. The price has been trading between the downtrend line and ascending trend line coming from below. Such patterns usually have a potential to trigger a strong breakout and sharp moves following.ZK is currently trading around the level $0.0567, close to the lower trend of the triangle formation. We see that the level at $0.0545 is a key support. The price might pull back to the levels $0.0495 and $0.0479 if it sees closings below the key support level.According to a bullish scenario, the price is likely to test the resistance levels at $0.0599–$0.0620. Holding above these levels, ZK could go higher and target upper levels at $0.0688 and $0.0745. In the event that triangle formation gets broken above, then the price target would be $0.08 and above. Symmetrical Triangle Formation Summary:Price is trading close to the lower border of the triangle, $0.0545 is crucial support.Holding above the level $0.0599 will open way to $0.0688 and $0.0745.Trading below $0.0545 might trigger risky levels at $0.0495 and $0.0479.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
XRP Comment and Price Analysis - September 18, 2025
XRP Technical AnalysisAnalyzing XRP chart on a daily time frame, we see that the ascending channel pattern is still valid and working well. The price of the coin is trying to recover following a pullback starting around the level $3.42. The price is trading near the level at $3.01 currently and has approached key resistance levels again.Short-term resistance levels ahead are $2.93 and $3.13. Above these levels, the price has the potential to move towards the upper border of the channel again — $3.42–$3.50.According to a bearish scenario, the first strong support below is the range between the levels $2.85–$2.64. If this support level is lost, then the range $2.44–$2.38 and the lower border of the channel would be a potential reversal area. In case the channel pattern gets broken, sell pressure might get intense. Rising Channel Structure Summary:Current price: $3.01Key resistances: $2.93 and $3.13Support zone: $2.85–$2.64Upper border of the channel: $3.42–$3.50Last defense line: $2.44–$2.38These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
Trump Jr.-Linked Thumzup Purchases $2 Million in Dogecoin
US-based Thumzup Media Corporation, of which Donald Trump's son, Donald Trump Jr., is a shareholder, continues to demonstrate its belief in Dogecoin with concrete steps. In an announcement made alongside TZUP shares traded on Nasdaq, the company announced the purchase of approximately 7.5 million Dogecoins on the open market for the first time. The total value of this purchase is reported to be approximately $2 million, with an average cost of $0.2665.This strategic move coincides with the expected launch of the first exchange-traded funds (ETFs) for Dogecoin. According to experts, DOGE ETFs could significantly increase the cryptocurrency's recognition and accessibility among institutional investors. Thumzup CEO Robert Steele described this development as "a new milestone in Dogecoin's transformation beyond a community currency into a productive digital asset." The DogeHash acquisition marked a mining offensiveThe company aims to strengthen its commitment to Dogecoin not only through acquisitions but also on the mining side. Thumzup recently announced that it has begun negotiations to acquire DogeHash, a Dogecoin miner. In addition to DogeHash's existing 2,500 advanced mining devices, it has an order for 1,000 new devices expected to be delivered by the end of the year. This investment is expected to significantly increase the company's Dogecoin production capacity.Thumzup's expansion is supported by a $50 million stock offering in August 2025. This capital increase, priced at $10 per share, is being used for cryptocurrency acquisitions and mining equipment investments.New members join the advisory boardThe company is also strengthening its management team with crypto veterans. Jordan Jefferson, CEO of DogeOS and leader of MyDoge, and Alex Hoffman, a key figure in the DogeOS ecosystem, have joined Thumzup's Crypto Advisory Board. Jefferson and Hoffman's expertise in Dogecoin and the broader crypto ecosystem is expected to contribute to the company's strategic roadmap.A Broader Crypto PortfolioIn addition to these Dogecoin-focused steps, Thumzup is also including other leading cryptocurrencies in its treasury strategy. The company's plans include adding crypto assets such as Bitcoin, Ethereum, Solana, Litecoin, Ripple, and USD Coin to the portfolio.These steps come at a time when market perceptions of Dogecoin are changing. The anticipated DOGE ETFs, in particular, are considered one of the most powerful developments that could put Dogecoin on the radar of institutional investors in the long term, after Bitcoin and Ethereum. From the perspective of the Dogecoin community and investors, Thumzup's multi-million dollar DOGE purchase and mining investment is a sign of growing confidence in the cryptocurrency's future. At the time of writing, the DOGE price is around $0.28.
Avalanche Selected for South Korea's First Won Stablecoin
South Korea-based crypto custody company BDACS has announced KRW1, the country's first local currency-collateralized stablecoin on the Avalanche network. The project, which is still in the proof-of-concept (PoC) phase, has not yet been released to the public due to regulatory uncertainty.According to a statement released by the company on Thursday, KRW1 is fully backed by South Korean won. BDACS stated that its technical feasibility has been successfully tested and that they chose Avalanche for its reliability and success in public sector applications.Each KRW1 token is 100% collateralized by won assets held at Woori Bank, one of the country's largest financial institutions. The integration with the bank allows users to verify their proof of reserves in real time. BDACS emphasized that they have created a transparent reserve structure using Woori's API infrastructure.The company also announced that it has developed a framework that goes beyond token issuance. In this context, a mobile application has been developed, including the stablecoin's issuance and management systems, allowing users to make peer-to-peer transfers and verify transactions.KRW1's goals include not only local use but also global adoption as a payment, investment, remittance, and deposit tool. In the long term, BDACS plans to launch this stablecoin in the public sector. KRW1 is planned to be tested specifically in emergency aid payments and local payment systems.Beyond Avalanche, BDACS aims to make KRW1 available on various blockchains. To this end, it is also exploring collaboration opportunities with US dollar-backed stablecoins such as USDT and USDC.Stablecoin Regulatory Uncertainty in South KoreaBDACS's launch comes at a time when the country's legal framework is still unclear. There are no specific regulations for stablecoins in South Korea, but the government is actively working in this area.President Lee Jae Myung advocates for supporting the local currency-pegged stablecoin market. Myung, emphasizing the importance of this for maintaining monetary policy sovereignty in the digital finance era, has facilitated the introduction of various bills in parliament.In contrast, the South Korean Central Bank believes that stablecoin issuance should be restricted to licensed banks only. The bank states that unregulated digital assets could undermine financial stability.BDACS's Strategic PositionWhile BDACS is still piloting the KRW1 project, it aims to play a leading role in the market once regulations are clarified. The company stated that it has a strong institutional infrastructure thanks to its collaboration with Woori Bank and global blockchain partnerships such as Avalanche, and that it views major technology companies as partners rather than potential competitors.According to the company's vision, KRW1 could become a significant stablecoin in the global digital economy. However, the biggest obstacle to this is likely to be the clarification of the country's stablecoin regulations.Following the development, the price of Avalanche's AVAX coin rose by 10 percent to $32.6.
DBS, Franklin Templeton, and Ripple Announce Partnership
DBS, Franklin Templeton, and Ripple have signed a noteworthy collaboration in the financial world. The three institutions have signed a memorandum of understanding (MoU) to develop trading and lending products with tokenized money market funds on the XRP Ledger. This step aims to both accelerate the integration of traditional financial institutions onto the blockchain and provide investors with stable returns and liquidity.Franklin Templeton's fund on the XRP LedgerAs part of the agreement, Franklin Templeton will tokenize its US dollar-denominated short-term money market fund and move it to the XRP Ledger under the name sgBENJI. DBS Digital Exchange (DDEx) will list the sgBENJI token alongside Ripple's stablecoin, Ripple USD (RLUSD). This will allow DBS clients to switch between the stablecoin and the yield-generating fund 24/7, allowing them to balance their portfolios even during volatile periods.Nigel Khakoo, Ripple's Head of Global Trading and Markets, described this collaboration as a "game-changer." Khakoo emphasized that investors can increase capital efficiency and liquidity by leveraging both a stablecoin and a tokenized fund within a trusted ecosystem. According to him, 2025 will go down in history as a period in which traditional financial institutions take unprecedented steps on blockchain. Source: Ripple.com DBS Digital Exchange CEO Lim Wee Kian similarly stated that tokenized securities play a significant role in increasing efficiency and liquidity in global markets. It was also stated that DBS may, in the future, offer sgBENJI holders the opportunity to obtain loans from banks or third-party platforms using their tokens as collateral. This will allow investors to access loans while holding their assets.Franklin Templeton's launch of its tokenized fund on the XRP Ledger creates an attractive platform for institutional investors thanks to this blockchain's low transaction fees and fast transaction capacity. In conjunction with Ripple's stablecoin, RLUSD, this structure could usher in a new era for repo transactions and tokenized collateral mechanisms. This initiative comes at a time when institutional investors are showing increasing interest in crypto assets. Data shared by Ripple shows that 87% of institutions plan to allocate funds to this area by 2025. Furthermore, the growing role of tokenized assets in global markets reinforces the importance of this collaboration. For example, banks based in Japan and Singapore are testing cross-border payments with multi-currency tokenized deposits, which points to the same trend.The partnership between DBS, Franklin Templeton, and Ripple builds a critical bridge at the intersection of traditional and digital finance. Investors will now have access to regulated, income-generating tokenized funds, in addition to crypto assets.
Solidus AI Tech Review and Price Analysis - September 17, 2025
Solidus Ai Tech (AITECH) Technical AnalysisOne of the AI-powered cloud computing projects, Solidus Ai Tech (AITECH), has been under pressure for quite some time. As of September 2025, the chart displays a clear falling wedge formation developing for nearly a year. This pattern often carries the potential for a bullish breakout. Narrowing Triangle Structure This wedge formation is clearly visible — downtrend resistance line at the top and a rising base trendline. The price is currently trading around the level at $0.032, just below the falling trendline. Volatility might be triggered as the wedge tightens. The range between the levels $0.034–$0.036 is crucial for a potential breakout in the short term. The next price targets will be $0.050 followed by $0.070 if the breakout is confirmed. These resistance levels worked well and saw intense sell pressure.According to a bearish scenario, the zone between the levels $0.0321–$0.0264 stands as a key support area which has seen support-resistance flips in recent weeks. Below this support, the lower border of the wedge formation and the ascending trendline intersect around $0.0210. The level at $0.0264, in particular, has historically attracted strong demand and worked as a reversal point.SummaryIf the wedge gets broken upward with strong volume, it could trigger a momentum-driven rally; yet, a breakdown may lead to heavy selling pressure. The levels $0.034 and $0.021 are main breakout points that will determine the next direction of the chart.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
STRK Comment and Price Analysis - September 16, 2025
STRK Technical AnalysisStarknet, an Ethereum layer-2 network, has now completed its final upgrade for BTC staking. Thus, Starknet users will be able to stake their BTC as of September 30. From the announcement, we learn that BTC holders will have 25% control power on the consensus, while STRK will have 75% of it. According to the same announcement, validators can now launch BTC staking pools and developers can already start integrating their protocols. Getting support from this news, STRK is now at the edge of a major breakout. Triangle Formation Analyzing the STRK chart on a daily time frame, we see that the coin has been printing a symmetrical triangle pattern for a long time. The price of the coin has been rejected from this level several times and it is now testing this zone again. Therefore, this zone stands as an important level for both resistance and potential volume increase. Horizontal support level is at $0.1140 and working well; the price has bounced from this support several times before, suggesting that the coin is in the final phase of consolidation. A breakout from here looks possible as long as the support holds. However, the price may pull back to the level at $0.0960 if the level $0.1140 breaks down, and this action could deepen the bearish move.The price of the coin is currently testing the upper border of the triangle formation at $0.1320–$0.1350. A strong breakout of this formation could propel the price toward the first target at the level $0.1589. A daily close above the level $0.1350, in particular, may signal a bullish move for market participants.Breaking of the downtrend would not only suggest the start of an uptrend but also signal the end of the long-lasting bearish momentum. The next major target will be the range between the levels $0.21 and $0.24 if the level $0.1589 is surpassed.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
AVAX Comment and Price Analysis - September 16, 2025
AVAX Technical AnalysisWhen analyzing AVAX chart on a daily time frame, we see that there is a clear ascending wedge/channel pattern. The price of the coin tested the upper border of the channel following the recent rise and then saw a slight pullback. AVAX is currently trading around the level $28.69, standing in a short-term decision area.There is a potential for a move equal to the height of the channel provided that the channel breaks upward. If this scenario works, the price will target the level at $31.23, followed by $36.64. It is important that this price breakout should be supported by some volume.According to a bearish scenario, the price may go down to the level at $29.14 first and then to the lower border of the channel if the price fails to hold above $29.14. If we see a breakdown of the channel, the price is likely to test the range between the levels $24.66 and $23.95. Rising Channel Summary:Current price: $28.69Upside: Targets at $31.23 and $36.64 if breakout holdsDownside: Below $29.14, watch $26.51 and then $24.66Whichever side breaks, expect a move equal to the channel’s heightThese analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
Google Adds Stablecoin Support to AI Payment System: Partners with Coinbase
Google has announced a new open-source payment protocol that will facilitate money transfers between AI applications. According to Fortune, this system will support not only traditional payment methods like credit and debit cards but also stablecoins. The integration of stablecoins, also known as cryptocurrencies pegged to the US dollar, is a critical development.Google Worked on Stablecoins for AI ApplicationsThe company partnered with Coinbase to ensure stablecoin compatibility. Coinbase was already developing its own AI and crypto payment infrastructure. In addition to the Ethereum Foundation, more than 60 organizations, including American Express, Salesforce, and Etsy, contributed to the development of this protocol. James Tromans, President of Google Cloud Web3, said, “When designing the system from scratch, we considered both existing payment infrastructures and future innovations like stablecoins.”This development is driven by the rapidly rising AI "agent" trend. Agents are algorithms that perform specific tasks on behalf of the user. Some write code, while others shop at online stores. A common view in the tech world is that in the near future, AIs will communicate directly with each other. If this scenario materializes, an AI financial advisor will be able to find the best mortgage by talking to digital representatives from different banks; or a virtual shopping assistant will be able to interact with the AI of a clothing store to purchase the right product for the user.Google Releases ProtocolBuilding on this prediction, Google released a protocol last April to allow agents to communicate with each other. The new payment protocol announced now expands this framework. This aims to ensure that financial transactions between the two AI agents are secure, transparent, and aligned with user intent.Erik Reppel, head of engineering at Coinbase, stated that Google and its payment infrastructures have been aligned, saying, "Our goal is to enable AIs to transfer value to each other."This move demonstrates that Google is one of the few major tech companies openly interested in stablecoins. With the advent of a more crypto-friendly government in the US, companies like Apple, Meta, and Airbnb are also reportedly working on stablecoin integration. In June, Shopify announced that it would offer stablecoin payments to its users before the end of the year.
TON Comment and Price Analysis - September 16, 2025
TON Technical AnalysisAnalyzing TON chart on a daily time frame, we see that there is a clear symmetrical triangle formation and that the price has been trading between the upper and lower trendlines for some time now. TON is currently trading around the level at $3.17. We know that such formations usually result in a sharp move upward.We have the key support at $3.12. The price is highly likely to move toward the upper border if it does not fail to hold above this key support level. The price will meet the resistance levels at $3.26 and $3.31. Above these resistance levels, TON could go up to test $3.61 and $3.71 if it can hold above $3.26 and $3.31.According to a bearish scenario, the zone between the levels $2.99 and $2.94 is a key area. If the price closes below this area, it is possible to test $2.81. Symmetrical Triangle Formation SummaryCurrent price is $4.53, showing a short-term positive trend.Holding above $4.44, the first target is $4.93.Closing above $4.93 opens the way to $5.10–$5.60.Technical breakout targets are $6.18, $6.39, and $7.10.Main long-term target is $8.40.Losing $4.06 support may lead to drops toward $3.80 and $3.30.These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, traders are responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during trades.
Markets Hold Their Breath Ahead of Fed Decision: All Eyes on Powell for Bitcoin
The US Federal Reserve (Fed) is preparing for one of the most critical meetings of 2025. The interest rate decision, to be announced tomorrow, September 17th, is thought to open the door to the first interest rate cut of the year. According to CME FedWatch Tool data, markets have priced in a 96% probability of a 25 basis point cut. This suggests that the decision is largely anticipated, and markets are positioning accordingly. The Fed's September meeting will take place on September 16th and 17th. The critical interest rate decision will be announced on Tuesday, September 17th at 9:00 PM Turkish time. Markets are already fixated on this time; the press conference to be held by Jerome Powell following the decision will be the most important development that will shed light on the rest of the year.However, the most decisive factor will be the press conference held by Fed Chair Jerome Powell after the meeting. Powell's messages will provide clues about how monetary policy will be shaped for the rest of the year. Some economists argue that the Fed should act more aggressively and cut interest rates by 50 basis points. However, most analysts view this possibility as unlikely. Regardless of the outcome, one person is certain to be unhappy with this process: US President Donald Trump. Trump has long referred to Powell as "Too Late Jerome," criticized his slow pace on interest rate cuts, and even demanded his resignation. Citing the European Central Bank and the Bank of England's multiple rate cuts throughout the year, Trump accuses the Fed of delays.Optimism dominates Bitcoin and other marketsThe general market sentiment is optimistic for now. The S&P 500 index opened the week at record highs. This rise was driven not only by interest rate expectations but also by Elon Musk's $1 billion purchase of Tesla shares. On the crypto side, Bitcoin has rebounded after weeks of sideways movement. If the largest cryptocurrency can surpass its 30-day high of $118,595, an attempt to break above the historic record of $124,457 could be on the horizon. The psychological barrier of $5,000 also appears critical for Ethereum.However, experts also highlight the risks. The S&P 500 index has gained a remarkable 72 percent since the beginning of 2023. Some believe this momentum, fueled by investments in artificial intelligence, has overheated. The crypto market has seen a much sharper rise. Bitcoin has gained 600 percent in the last two and a half years, Ethereum 275 percent, and XRP 780 percent. Therefore, the possibility of a potential correction remains.Steve Sosnick, chief strategist at Interactive Brokers, stated that the Fed could signal a "hawkish interest rate cut" this week when announcing its decision. He noted that markets have largely priced in the reduction, but that future expectations could be tempered. According to him, even if the Fed implements the cut, it may want to dampen excessive optimism about the future. He noted that inflation remains uncontrolled, and that core CPI and PCE are rising again.New Development at FedA new development has occurred that will impact decision-making at the Fed. The Senate has approved Stephen Miran as the replacement for Adriana Kugler, who left office in August. Miran, who won a narrow 48-47 vote, will remain on the board until January 2026. It is known that Miran believes interest rate cuts are overdue, so this will strengthen his support for a reduction in decisions to be made this week. There are even speculations in the US press that Miran may eventually become a candidate to replace Powell as Fed chair.In short, the key factor in market direction will not only be the magnitude of the rate cut, but also the signals Powell delivers at his press conference. On the one hand, there is pressure from Trump and the election atmosphere, and on the other, overheated stock markets due to inflation concerns. The crypto market, once again, stands out as a "risky asset" in this equation. Investors will be keeping an eye on announcements from Washington this week.
Will XRP and Dogecoin ETFs Launch This Week? Bloomberg Analyst Announces Good News
A historic development is underway in the US crypto markets. Two new exchange-traded funds (ETFs), developed in collaboration with REX Shares and Osprey Funds, are now available to investors, covering XRP and Dogecoin. These products, approved by the US Securities and Exchange Commission (SEC), demonstrate that the crypto market is not limited to Bitcoin and Ethereum, and that regulators are also opening the door to altcoins.The XRP ETF (ticker: XRPR) will be listed under the Investment Company Act of 1940 (40 Act), a well-established US legislation. This automatically ensures the fund's entry into force; the process can only be halted if the SEC issues a clear objection. This method offers a more secure and auditable framework for investors. At least 40% of the fund will focus directly on XRP, while the remaining portion will provide exposure through other spot XRP ETFs and derivative products. This will provide investors with both direct and indirect access to XRP price movements. Dogecoin is also making a first for its time. The REX-Osprey Dogecoin ETF (DOJE), which will begin trading on September 18th, holds the title of being the first meme coin ETF in the US. Analysts say this move reflects increased investor risk appetite and interest in projects characterized by community power. The Dogecoin ETF is important not only for price speculation but also for its connection to traditional finance and internet culture.Analysts Approval ReceivedBloomberg analyst Eric Balchunas announced in a social media post that both the XRP ETF and the Dogecoin ETF have been approved under the same prospectus and will begin trading on Thursday. Another analyst, James Seyffart, emphasized that the XRP ETF is not a "pure" spot product, stating that the fund will hold assets directly and take positions through other ETFs. REX-Osprey's interest in altcoin-focused products is not new. The company launched the Solana staking ETF in the first half of the year and also filed applications for BNB staking ETFs and Solana-based meme coin ETFs like TRUMP and BONK.Developments aren't limited to REX-Osprey. Canary Capital's planned Litecoin ETF launch in October, Bitwise's Avalanche ETF application, and Grayscale's Hedera and Dogecoin funds are all awaiting SEC review. According to Bloomberg data, more than 90 altcoin ETF applications are currently in the approval process.While the SEC's stance on crypto ETFs has been largely cautious, recent approvals signal a shift in the agency's approach. Following Bitcoin and Ethereum, opening up assets with diverse profiles like XRP and Dogecoin to investors through ETFs could bring the crypto ecosystem into wider reach.
PayPal Introduces Crypto-Backed "Links" Feature: BTC, ETH, PYUSD Available
Digital payments giant PayPal has taken a new step in expanding its support for cryptocurrencies. The company has introduced a new peer-to-peer (P2P) payment feature called "PayPal Links." Users can now request payments through personalized one-time links, using Bitcoin (BTC), Ethereum (ETH), and the company's own stablecoin, PYUSD. The feature is rolling out first in the US and is planned to expand to the UK, Italy, and other countries by the end of the year. PayPal Links is an improved version of the existing PayPal Me system. Previously, the requester had to manually enter the amount. In the new system, users can specify the payment amount before sharing the link and personalize their requests by adding notes or emojis. Upon acceptance, the funds are instantly credited to the account. Unused links automatically revoke within 10 days, and a reminder option is also available.One of the most important aspects of this innovation for crypto users is that personal transfers made through PayPal and Venmo are exempt from tax reporting in the US. Gifts, expense sharing, or debt-credit transfers between friends will not be subject to a 1099-K form. This could make crypto transfers easier to use in daily life.Another notable development announced by PayPal is that this move is part of the company's global payment infrastructure, which it calls "PayPal World." PayPal World is an initiative that aims to connect billions of digital wallets. This will allow crypto transfers not only to PayPal and Venmo wallets but also to compatible external wallets. This step is considered to be closer to the peer-to-peer payment vision defined in Bitcoin's white paper.According to the company's statement, PayPal's P2P and consumer payments grew by 10 percent year-over-year in the second quarter of 2025. Venmo, on the other hand, reached its highest total payment volume in three years. This momentum, combined with PayPal's crypto-enabled solutions, is expected to increase the company's influence in the global digital payments market. PayPal entered the crypto space in 2020PayPal entered the market by launching crypto trading in 2020 and launched the PYUSD stablecoin in partnership with Paxos in 2023. PYUSD, currently the 11th largest stablecoin with a market capitalization of approximately $1.3 billion, is also the backbone of the "Pay with Crypto" feature. This feature allows small businesses to accept payments in dozens of cryptocurrencies. PayPal has also begun supporting popular tokens like Chainlink (LINK) and Solana (SOL).According to experts, PayPal's move is a significant step toward transforming crypto from a mere buy-sell or investment tool into a usable tool for everyday payments. The World Bank has stated that stablecoins offer a cost advantage of up to 90% in cross-border remittances. In contrast, institutions like the Bank for International Settlements (BIS) still consider stablecoins to be "assets" rather than "money." PayPal shares (PYPL) are currently trading at $67.11, giving the company a market capitalization of $65 billion. With new P2P features and crypto support, PayPal is expected to further increase its presence in the digital payments ecosystem.
Fund Inflows Exceed $3.3 Billion: Bitcoin, Ethereum, Solana and 5 Altcoins See Volatility
Digital asset investment products saw a strong recovery last week, recording a total inflow of $3.3 billion. This move brought assets under management (AuM) to $239 billion, revisiting the record high of $244 billion set in early August.Looking at the details of CoinShares' weekly report, the most striking development was the renewed focus on Bitcoin and Ethereum. Bitcoin funds accounted for the largest share of the week with $2.4 billion inflows. This brings Bitcoin's total investment to over $23.7 billion since the beginning of the year, bringing its asset size to $182 billion.The situation was even more striking on Ethereum. After eight consecutive days of outflows, investor sentiment reversed. Ethereum funds recorded inflows for four consecutive days last week, raising a total of $646 million. While there were still $265 million in outflows on a monthly basis, Ethereum's assets under management remained above $40 billion.One of the surprises of the week was Solana. Solana funds saw the highest daily inflow in their history on Friday, attracting $145 million in inflows in a single day. Solana, which attracted a total of $198 million in weekly investments, once again demonstrated that institutional investors are shifting their focus to alternative networks.What's the latest on altcoins?XRP funds also showed a positive performance with $32.5 million in inflows, while Sui saw $14 million, Chainlink $1.5 million, and Cardano $1 million. Among smaller-scale funds, Cronos and Litecoin finished the week positive with limited investments of $300,000 and $5 million, respectively. Meanwhile, multi-asset funds saw $1.1 million in outflows. Altcoins in the "Other" category saw a total inflow of $3.4 million, but net outflows of $361 million since the beginning of the year remain significant. The US maintained its clear lead in regional distribution, with $3.2 billion in inflows to US-based funds alone. Germany stood out with a contribution of $160 million, followed by Canada with $14 million and Hong Kong with $5.4 million in inflows. Meanwhile, Switzerland saw outflows of $92 million and $5.6 million, respectively.By provider, iShares/USA funds stood out with $1.1 billion, and Fidelity's Bitcoin fund with $850 million. Despite receiving $147 million in inflows, Grayscale funds remain in negative territory with outflows of nearly $1.6 billion since the beginning of the year. Bitwise and ARK funds also closed the week with inflows of $183 million and $180 million, respectively.The overall picture suggests an increase in risk appetite due to macroeconomic data from the US falling short of expectations. Digital asset funds are once again attracting institutional capital, particularly led by Bitcoin, Ethereum, and Solana. Inflows into altcoins such as XRP, Sui, Cardano, and Chainlink demonstrate that investors continue to diversify. If this trend continues, assets under management are expected to test the historic high of $244 billion again soon.
