Author: Kryptonews

PayPal has partnered with decentralized finance (DeFi) protocol Spark to expand liquidity for its US dollar stablecoin, PayPal USD (PYUSD). PayPal’s stablecoin has attracted more than $135 million in deposits since its August listing on SparkLend, a lending market focused on stablecoins, according to a Thursday statement.SparkLend was launched in 2023 out of the MakerDAO ecosystem and later integrated into Maker’s successor entity, Sky. It runs the Spark Liquidity Layer, which is backed by more than $8 billion in stablecoin reserves, according to the protocol.Staked stablecoins on Sparklend protocol. Source: DeFiLlama Sam MacPherson, co-founder and CEO of Phoenix Labs, a core…

Bitcoin mining company CleanSpark secured its second $100 million credit line this week without issuing new shares, highlighting the growing role of digital assets as collateral in mainstream finance.The latest facility, disclosed Thursday, was arranged with Two Prime, an institutional Bitcoin (BTC) yield platform, and is backed entirely by CleanSpark’s Bitcoin treasury. With this agreement, CleanSpark’s total collateralized lending capacity is now $400 million.The non-dilutive nature of the financing is particularly notable. Public companies often raise growth capital through equity offerings, which can dilute existing shareholders’ stakes. By using its nearly 13,000 BTC holdings as collateral instead, CleanSpark gains access…

A week into PYUSD’s debut on Stellar (XLM), the stablecoin is garnering attention for the popular Layer-1 chain. Luring in cryptocurrency enthusiasts with low-free transactions, around 5 second finality and miscellaneous anchors for fiat ramps, PayPal’s stablecoin deployment on Stellar overshadowed the network’s native XLM coin.Exactly 59% below from the all-time XLM price peak of $0.88 over 7 years ago, market connoisseurs smell upside potential if the trading volumes start hitting billions of dollars just like Ripple (XRP). Namely, Ripple’s native crypto struck a new all-time high (ATH) this year with institutional support, as whales & banks flipped tens of…

Key Takeaways DDC Enterprise acquired 50 more Bitcoin, raising its total to 1,058 BTC. The company’s position is 45th on the Bitcoin 100 Ranking. Share this article DDC Enterprise, a US-based public company, acquired 50 more Bitcoin today, bringing its total holdings to 1,058 BTC and strengthening its position to 45th on the Bitcoin 100 Ranking.The company has rapidly expanded its Bitcoin treasury since May 2025, achieving a 1,798% yield on its strategy by early September. DDC Enterprise aims to reach 10,000 BTC by the end of 2025 as part of its treasury accumulation plan.Corporate Bitcoin adoption has accelerated in…

Key points:Bitcoin falls with stocks and gold on stronger-than-expected US jobs data.The US dollar index reaches its highest levels in three weeks as jobless claims come in below expectations.$110,000 is an increasingly “likely” BTC price target next.Bitcoin (BTC) looked “likely” to revisit $110,000 on Thursday as macro and geopolitical factors fueled BTC price weakness.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewUS jobless claims pressure risk assets across the boardData from Cointelegraph Markets Pro and TradingView confirmed new local lows of $110,658 on Bitstamp.US jobless claims data came in below expectations on the day — a sign that labor market weakness may not be…

The Blaffer Art Museum, an institution run by the University of Houston, is experiencing a period of tumult following the appointment of Laura Augusta as director and chief curator in 2024, according to a report published Texas art magazine Glasstire on Wednesday. The report stated that the museum fired Erika Mei Chua Holum, who was previously the institution’s associate curator. Artist Ja’Tovia Gary has called off a show at the museum, and Kenneth Tam also told Glasstire that his Blaffer exhibition had been “canceled.” The fate of at least one other show, by Thania Peterson, also appears to hang in…

Key Takeaways:The U.S. SEC has approved the Hashdex Nasdaq Crypto Index US ETF under new generic listing rules.The ETF basket now includes XRP, Solana (SOL), and Stellar (XLM), alongside Bitcoin (BTC) and Ethereum (ETH).Faster approvals under new SEC rules could trigger a surge of crypto ETF launches in late 2025.The U.S. Securities and Exchange Commission (SEC) has cleared the Hashdex Nasdaq Crypto Index US ETF, a milestone that expands regulated exposure beyond Bitcoin and Ethereum to include altcoins XRP, Solana, and Stellar. The decision follows the SEC’s adoption of streamlined listing standards designed to accelerate approvals.Read More: SEC Chairman Declares…

REX-Osprey unveiled ESK, a fund that pairs Ethereum holdings with staking payouts. The product stands as the first U.S. ETF of its kind, designed to bring blockchain-native yields into the traditional investment framework. Summary REX-Osprey launched ESK, the first U.S. ETF combining Ethereum exposure with staking rewards. The fund operates under the Investment Company Act of 1940, offering strict regulatory oversight. Every staking reward flows directly to investors, distinguishing it from fee-based crypto products. According to a press release dated Sept. 25, the collaboration between REX Shares and Osprey Funds has launched the ESK ETF, which will provide investors with…

PayPal and decentralized finance platform Spark have teamed up to grow liquidity for PYUSD$0.9994 onchain, aiming to scale deposits from $100 million today to $1 billion in the weeks ahead.PYUSD, issued by Paxos and pegged to the U.S. dollar, was recently onboarded to SparkLend, Spark’s lending marketplace. The integration gives users the ability to supply and borrow PYUSD, with liquidity supported by Spark’s $8 billion stablecoin reserve pool. This approach contrasts with traditional liquidity programs that rely on expensive market-maker incentives, instead offering predictable depth at set borrowing costs.“Predictable access to deep liquidity is what allows stablecoins like PYUSD to…

Key takeaways JASMY price predictions anticipate a high of $0.022202 by the end of 2025. In 2028, JASMY will range between $0.051806 and $0.059207, with an average price of $0.055506. In 2031, JASMY will range between $0.08881 and $0.096211, with an average price of $0.09251. JASMY aims to use the Internet of Things (IoT) platforms created to store data in a decentralized format. JasmyCoin (JASMY-USD) has quickly gained momentum in 2025, attracting significant interest from investors. Developed by former Sony executives, JasmyCoin offers a unique proposition allowing users to monetize their data. This innovative approach has resonated with investors seeking…