
Western Union Partners to Launch USDPT Stablecoin on Solana
Global payments giant Western Union is set to integrate its planned USDPT stablecoin with the Solana blockchain, bridging traditional finance with decentralized digital assets.
Latest news from the Web3 ecosystem

Global payments giant Western Union is set to integrate its planned USDPT stablecoin with the Solana blockchain, bridging traditional finance with decentralized digital assets.

Bitcoin's upward momentum is intensifying, with price gains accelerating. However, a significant portion of holders remain underwater, influencing trading strategies and posing a challenge for surpassing the $78,000 mark.

President Trump has officially submitted the nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve Chair to the Senate. Warsh has previously expressed support for Bitcoin.

Scotiabank's asset management arm, in partnership with 3iQ, has launched a new actively managed exchange-traded fund providing Canadian investors with exposure to a basket of leading cryptocurrencies.

A significant downturn in South Korea's Kospi index over two trading sessions has potentially redirected capital towards cryptocurrencies, signaling a shift in investor behavior.

Analysts highlight the importance of Bitcoin holding the $70,000 level and defending key support zones to pave the way for a potential surge towards $75,000.

Former President Donald Trump has voiced support for the cryptocurrency industry, specifically criticizing traditional banks for impeding his pro-crypto initiatives, particularly concerning stablecoin yields.

Monthly inflows into digital asset treasuries have reached their lowest level since October 2024. Bitcoin has been the primary driver of these inflows, with minor exceptions.

Former President Donald Trump met with Coinbase CEO Brian Armstrong prior to publicly criticizing financial institutions regarding a proposed stablecoin bill.

Clear Street analyst Owen Lau believes the current crypto market rally has strong potential for longevity, citing policy developments and institutional interest as key drivers.

Tradeweb has led a $31 million funding round for Crossover Markets, establishing a strategic partnership to integrate institutional crypto trading.

Bitcoin's price has seen a significant uptick, surpassing $74,000 driven by sustained investment in spot Bitcoin ETFs. This analysis explores the technical indicators for BTC and major altcoins.