Browsing: digital asset

Latest digital asset news, price updates, and AI-powered insights from Bpay News. Stay informed on global crypto trends.
Diversification Drives Digital Asset Investing, Not Hype: Sygnum

Sygnum reports that diversification, rather than hype, is currently the primary factor influencing digital asset investing. The firm emphasizes the importance of a balanced approach in this evolving market. Investors are increasingly recognizing the value…

Paxos Issues Additional 100 Million PYUSD on Ethereum Network

Paxos has announced the issuance of an additional 100 million PYUSD on the Ethereum network. This move is part of Paxos’ ongoing efforts to enhance its digital asset offerings. The issuance aims to meet growing… (via Bpaynews real-time desk)

BTCS Utilizes Aave for Enhanced Digital Asset Treasury Strategy

BTCS Inc. is leveraging the onchain lending platform of Aave to manage its Digital Asset Treasury more efficiently. This approach allows the company to bypass traditional financial institutions, resulting in reduced costs and increased flexibility.… (via Bpaynews real-time desk)

XUSD Further Deanchors, Dropped Over 57% in 24 Hours

XUSD has experienced a significant decline, losing over 57% of its value within a 24-hour period. This sharp drop marks a notable deviation from its previously stable value. The recent downturn raises concerns among investors…

Digital Asset Investment Products Experience 0 Million Outflow

Last week, digital asset investment products experienced a significant net outflow of $360 million, with Bitcoin accounting for a notable outflow of $946 million. The withdrawal from digital asset products reflects ongoing trends in investor… (via Bpaynews real-time desk)

Ripple Launches Digital Asset Spot Market Maker Service in U.S.

Ripple has introduced a new digital asset spot market maker service for the U.S. market. This initiative is aimed at enhancing liquidity in digital asset trading. The launch signifies Ripple’s commitment to expanding its services… (via Bpaynews real-time desk)