Binance Square
Square Post Sitemap
🚀 Big win for Elon Musk! A Manhattan judge has permanently dismissed the lawsuit alleging Musk and Tesla manipulated Dogecoin (DOGE) prices through social media. Judge Hellerstein ruled Musk's statements were "aspirational and puffery," not factual claims. đŸ¶ Investors had accused Musk of using his Twitter influence and a "Saturday Night Live" appearance to pump DOGE prices, but the court found no reasonable investor would rely on such statements. What do you think? Should social media influence be taken more seriously in crypto markets? Let's discuss! 💬 #Dogecoin #ElonMusk #CryptoNews
Shiba Inu Burn Shoots Over 28,000%, SHIB Price To Pump Ahead !!
🚀 **Breaking News: Judge Dismisses Dogecoin Manipulation Lawsuit Against Elon Musk and Tesla** A Manhattan judge has permanently dismissed a lawsuit alleging that Elon Musk and Tesla manipulated the price of Dogecoin (DOGE) through social media posts and public appearances. Judge Alvin Hellerstein ruled that Musk's statements were "aspirational and puffery," not factual claims, and thus no reasonable investor would rely on them. Key Points: - The lawsuit accused Musk of using his social media influence and a 2021 "Saturday Night Live" appearance to impact DOGE's price. - Statements like "become Dogecoin's CEO" and "fly it to the moon" were deemed non-factual. - The case is now closed, with the judge ruling in favor of Musk and Tesla. What are your thoughts on this ruling? Share your opinions in the comments! 💬
Dogecoin Lawsuit Dismissal: A Win for Musk and Doge 🚀 Elon Musk just scored a major legal victory! A lawsuit accusing him and Tesla of manipulating Dogecoin was dismissed. The court ruled that no reasonable investor would take Musk’s tweets seriously. This decision not only clears Musk but also brings stability to Doge’s price, hovering around $0.10. Experts are optimistic, predicting a potential rally. Tesla and Dogecoin’s bond remains strong. With the lawsuit out of the way, Musk might resume promoting Doge, possibly leading to more adoption and higher prices. The future looks bright for Dogecoin and its investors! 🌕
🚀BREAKING: A Manhattan judge just gave Elon Musk a free pass on the DOGE drama! đŸ¶đŸ’ž Judge Hellerstein ruled that Musk's wild claims about Dogecoin were just "aspirational and puffery"—not something any sane investor would take seriously. So, no, Elon won't be held accountable for your moonshot dreams that crashed and burned. đŸŒ•đŸ’„ What do you think? Was the judge right, or should Elon have been held responsible? Drop your thoughts below!👇 #DeFi #Web3 #Dogecoin #ElonMusk #CryptoComedy
Becoming a crypto millionaire isn't just about selecting the right coins; it’s about cultivating the right mindset. Successful investors in the crypto space understand that patience and discipline are essential. They recognize that the market's volatility presents both risks and opportunities. Instead of succumbing to fear during market downturns, they view these periods as prime opportunities to accumulate assets at lower prices, knowing that sustained growth often follows periods of decline. Managing emotions is another crucial factor. The fear of missing out (FOMO) and the fear of losing (FOL) can lead to impulsive decisions that jeopardize long-term success. Savvy crypto millionaires learn to distance themselves emotionally from market fluctuations, adhering to their strategy even when the market is turbulent. They resist the urge to chase every trend, focusing instead on projects with solid fundamentals and long-term growth potential. Diversification is also a key psychological tactic. Rather than risking everything on a single asset, successful crypto investors distribute their investments across multiple assets. This strategy reduces risk and increases the likelihood of significant returns from at least one or more of their investments. They acknowledge that not every project will thrive, but the successful ones can generate exponential gains. Ultimately, the mindset of a crypto millionaire involves an unending quest for knowledge. The most successful investors are constantly learning about market trends, technological innovations, and the broader economic environment. By staying informed, they position themselves to make smarter decisions and capitalize on opportunities that others might miss.
**Elon Musk and Tesla Clear of Dogecoin Manipulation Lawsuit** Elon Musk and Tesla have emerged victorious from a lawsuit alleging manipulation of Dogecoin's price, which investors claimed amounted to a $258 billion "pyramid scheme." The court ruled that no reasonable investor would interpret Musk's tweets as serious financial advice, deeming them aspirational rather than promises. This legal win has stabilized Dogecoin's price around $0.10, with market analysts speculating a potential rally. The dismissal has reinvigorated the Dogecoin community, alleviating months of uncertainty. Musk's influence on Dogecoin remains significant, and with the lawsuit resolved, he may resume promoting the cryptocurrency. Tesla's past actions, such as accepting Dogecoin for merchandise, have previously spiked its value, and similar moves could be anticipated. This ruling not only strengthens the bond between Tesla and Dogecoin but also boosts investor confidence. The crypto community is optimistic about Dogecoin's future, expecting increased adoption and stability. Musk's legal victory could pave the way for further engagement with Dogecoin, potentially driving its value higher in the long term.
**🚹 Crypto News Flash: Telegram’s IPO Dreams in Jeopardy! 🚹** - **CEO Under Fire**: Telegram's CEO, Pavel Durov, faces criminal charges in France, impacting the company's IPO plans. - **Financial Woes**: Despite $342M in revenue, Telegram reported a $173M loss in 2023. - **Bond Market Hit**: Telegram bonds dropped to 87 cents on the dollar, with yields over 16%. - **Crypto Impact**: Toncoin (TON) price plummeted 20% post-arrest. - **Investor Concerns**: Uncertainty looms over Telegram’s financial future and potential IPO. 💬 What do you think? Share your thoughts below!
Scallop Token Lock-Up Reaches 9 Million With Average Duration of 3.65 Years
🚀 Exciting News for Solana! 🚀 Fragmetric and Jito have teamed up to launch Solana's first native Liquid Restaking Token (LRT), fragSOL! This innovative token aims to boost liquidity and optimize yields for staked SOL assets. 🌐 Key Highlights: - **fragSOL** is based on Jito’s (Re)staking Vault Receipt Token (VRT). - It tackles reward allocation and slashing issues uniquely on Solana. - Utilizes Solana’s token extension and transfer hook for precise reward distribution. Join the conversation! What do you think about this new partnership? Drop your thoughts below! 💬 #CryptoNews #Solana #fragSOL
Bitcoin Exchange Reserves Hit Lowest Point Of The Year
15 Best Penny Cryptocurrencies to Invest in 2024
Why Is Bitcoin Facing Challenges to Surpass $62K?
Telegram’s Financial Future Uncertain As CEO Faces Criminal Charges, TON Price Reacts
Vitalik Buterin Transfers 800 ETH Tokens Today, 3.8K This Month!
Elon Musk, Tesla Win Dismissal of Lawsuit Alleging Dogecoin Market Manipulation
3 Coins With Game-Changing Technology: Avalanche, Fantom, Elrond
Gary Gensler to Face Intense Scrutiny in September Over DeFi and SEC Oversight
đŸ’žâš ïžTo make a consistent daily income of $30 from trading, follow these key tips: 1. Start Small: Begin with a small capital and focus on consistent, small gains. 2. High-Volume Pairs: Trade pairs like BTC/USDT for frequent opportunities. 3. Stick to a Strategy: Choose a trading style (day, swing, scalping) and follow it. 4. Realistic Targets: Aim for small percentage gains per trade to reach your $30 goal. 5. Use Leverage Cautiously: Leverage can boost profits but also increases risk—use it wisely. 6. Track Trades: Keep a journal to analyze and improve your strategy. 7. Stay Updated: Follow market news to adjust your strategy when needed. 8. Avoid Overtrading: Only trade when you see high-probability setups. 9. Control Emotions: Stick to your plan and avoid impulsive decisions. 1.đŸ’Ș𝗕đ—Čđ—»đ—Čđ—łđ—¶đ˜đ˜€ đ—źđ—»đ—± đ—„đ—¶đ—Žđ—”đ˜đ˜€ đ—Œđ—ł 𝗚 đ—›đ—Œđ—čđ—±đ—Č𝗿𝘀: G holders enjoy governance rights, enabling them to vote on key decisions and influence the development of the Gravity ecosystem. They may also receive rewards and incentives for participating in the network. 2.𝗙𝘂𝘁𝘂𝗿đ—Č đ—Łđ—żđ—Œđ˜€đ—œđ—Č𝗰𝘁𝘀 đ—łđ—Œđ—ż đ˜đ—”đ—Č đ—šđ—żđ—źđ˜ƒđ—¶đ˜đ˜† đ—–đ—”đ—źđ—¶đ—»: The Gravity chain has promising prospects with potential expansion in cross-chain interoperability, attracting more dApps and increasing network usage, thus driving further growth and innovation within the ecosystem. 3.đ…đźđ­đźđ«đž 𝐹𝐟 đ†đšđ„đ±đž đđšđ°đžđ«đžđ 𝐛đČ đ†đ«đšđŻđąđ­đČ: Galxe, powered by Gravity, is likely to enhance its functionalities and expand its reach, leveraging the robust infrastructure of Gravity to offer more secure and efficient services to its users.#GravityAplhaMainnet #Gravity #TelegramCEO #BNBChainMemecoins #DOGSONBINANCE
📈LONG: $BB (1D) Analysis: The BB token is showing signs of stabilization in the highlighted support zone. With Bitcoin staking gaining momentum on BounceBit, we see increasing confidence in the token's utility. The chart indicates potential for a strong upward movement, backed by the mainnet’s staking feature. Price Targets: Short-term, look for resistance around $0.60. With continued support and Bitcoin staking traction, our mid-term target is $1.00. Long-term, BB token could potentially reach $2.00, making it a promising addition to your portfolio. $BB #TON #DOGSONBINANCE #BNBChainMemecoins #DYOR {spot}(BBUSDT)
Is the FLOKI Price Primed For Another Surge !! #DOGSONBINANCE #TON #TelegramCEO #PowellAtJacksonHole #BinanceBlockchainWeek The Floki (FLOKI) price has dived over 11% on Thursday from near $0.00016 to under $0.00014. But that doesn’t mean catastrophe for FLOKI. Indeed, chart analysis suggests that the FLOKI price might be pried for another surge. That’s because the FLOKI price recently broke to the north of a downtrend in play since July. Moreover, earlier in August, FLOKI appears to have formed a favorable double bottom, a sign of a potential bullish reversal.Granted, on Thursday FLOKI lost its grip on its 50DMA. That will be a key level for the Ethereum-based meme coin to overcome if it wants to return to its July highs. But with a Fed rate cutting cycle coming up next month, the FLOKI price could soon be in for a near 3x price surge. FLOKI likely thus ranks as one of the best cryptos to buy right now, and certainly amongst the best meme coins. Indeed, FLOKI’s still modest market cap of around $1.3 billion leaves plenty of room for expansion this bull cycle. Remember that, in the past, meme coins like Dogecoin and Shiba Inu reached market caps north of $40 billion. That’s not to say that the FLOKI price will 30-40x from here. But, thanks to its rapidly growing GameFi and DeFi ecosystem, it looks set to remain a market leader. See FLOKI’s road-map below. 10x gains are certainly plausible. The FLOKI price looks set to potentially explode. But, given it is an already a well established coin, traders looking for 100x plus gains should look elsewhere. Indeed, the best, and almost only, way to book these sorts of gains is to get into a new meme coin before it trends. And one of the best ways to do this is to get involved in high potential presales. One new meme coin presale analysts at Cryptonews.com like a lot is called Crypto All-Stars (STARS). The innovative new coin allows users to earn a staking yield on their favorite meme coins. Investors have already poured $850,000 into the presale, with the price set to rise imminently.
🐂 Aptos (#APT ) Price Flashing Bullish Signals: Rally Above $8 Next? Aptos, a Layer-1 blockchain platform, has shown a channel breakout and teases for an up move. Amid the choppy market movements, Aptos (APT) price succeeded in moving out of the channel, representing bullish observations. Aptos has recovered nicely from the recent dip. It has now been footing a bullish move after mounting new support above the $6 mark mid-week. Starting with a positive note this month, the Aptos price has surged more than 50% and conveyed buyer dominance. Still, the APT token‘s bullish leg may stretch further and can proceed toward the $8 mark in the coming sessions. Even though the bulls managed to register a breakout last week, bulls must close above the $7 mark to confirm a major shift. APT bears are currently off the market. The token was been well placed above the key moving averages. APT depicted fresh higher high swings in the last few weeks. 🔾 How Is Aptos Price Currently Doing? Aptos traded at $6.95, declining over 1.90% in the past 24 hours. APT trading volume surged by over 78%. It was ranked in the 28th position with a market cap of $3.37 Billion. Additionally, it has a volume-to-market cap ratio of 0.0592. 🔾 #Aptos Looks Bullish: Price Action Outlook Aptos price 1-day chart reflected a bullish structure. Accompanied by significant buyer accumulation and higher high series. Aptos price escaped the seller’s control and noted bullish cues. Looking ahead, an inclining trend continued the pullback in the short-term guides that the token anticipated to trigger a rally. The increasing bullish influence hints that the token can deliver a massive outperformance above the $7.20 mark. Aptos’s increased volatility with a rise in volume participation showed that investors are watching it. They have been looking for a fresh upward movement past the 100-day EMA to make fresh positions ahead. {spot}(APTUSDT)
Fragmetric And Jito Partner To Introduce Liquid Restaking Token fragSOL
Bitcoin Falls Back to $59K as Bulls Struggle to Hold Key Resistance; AI Cryptos Lead Decline
CRV (Curve DAO Token) is the native cryptocurrency of the Curve Finance platform, a decentralized exchange (DEX) and automated market maker (AMM) protocol. Here are some key points about CRV coin:$crv Key Features: 1. _Liquidity Provision_: CRV incentivizes liquidity providers on the Curve Finance platform. 2. _Governance_: CRV holders can participate in governance decisions, shaping the platform's development. 3. _Staking and Rewards_: CRV holders can stake their tokens to earn rewards and participate in network validation. 4. _Decentralized Trading_: CRV enables decentralized trading on the Curve Finance platform. Use Cases: 1. _Liquidity Provision_: CRV is used to incentivize liquidity providers on Curve Finance. 2. _Decentralized Trading_: CRV is used for trading on the Curve Finance platform. 3. _Yield Farming_: CRV holders can participate in yield farming to earn rewards. 4. _Decentralized Finance (DeFi)_: CRV is used in various DeFi applications, such as lending and borrowing. Availability: CRV tokens are listed on various cryptocurrency exchanges, including Binance, Huobi, and OKEx. Partnerships: Curve Finance has partnered with notable projects like Compound, Aave, and SushiSwap, expanding its ecosystem and use cases. Please note that the details may change as the project evolves. Would you like to know more about Curve Finance, CRV coin, or decentralized exchange (DEX) platforms? I'm here to help!
"Khaured architecture is brutalist, with strong, fortress-like structures built to withstand high gravity and reflect their militant nature. Interiors are functional and minimalist, but the Spiritualist sect prefers elegant designs that serve as visual art in nature." #MoreLore
🗳Voting Time! Voting for FIS burn proposal is live, cast your vote before Sept. 6th! 👉Discussion: https://dao.stafi.io/t/fis-burn-proposal-discussion/203 đŸ—łïžVoting: https://voting.opensquare.io/space/stafi/proposal/QmYWniUR6DHroDXwZCtEFqNRMQFqLfuJ5gCJdhXR6btTqX
After this endless #Bitcoin consolidation... A huge breakout will eventually come. Prepare now.
„8,637,736.70
Former FTX Exec Ryan Salame Withdraws Plea Deal Request as Partner Faces Charges
Ripple: How One 2017 Pattern Could Have XRP Targeting $27
NEW: Over 110 businesses are now building on #Bitcoin in Africa. The Bitcoin continent 🚀
Crypto Price Update August 30: BTC Drops to $59k, ETH, MATIC, and Altcoins End Week in Red
SBI Chairman Yoshitaka Kitao Unveils Vision for Web3 Era At WebX 2024 Conference
Floki Down 17% After Dormant Holder Dumps 15B Coins
XRP Price Under Pressure As Whales Transfer to Exchanges
Bitcoin Dogs: the Top Altcoin Everyone Is Talking About
đŸššâ›”ïž Breaking Update: Apple and Nvidia Eye Investment in OpenAI ‌ $AI $FET $USDC 🌏đŸ’čđŸȘ™ {spot}(AIUSDT) {spot}(FETUSDT) {spot}(USDCUSDT) USDC: 0.9999 (+0.01%) FET: 1.116 (-7.15%) AI: 0.4 (-1.47%) Major players Apple and Nvidia are reportedly in talks to invest in OpenAI, a leader in the artificial intelligence space đŸ€–. This move could push OpenAI's valuation beyond $100 billion, solidifying its role as a key innovator in AI technology 🚀. Key Points: Investment Discussions: Apple and Nvidia are in advanced talks to join the funding round, potentially alongside other big names in the tech industry 📈. Valuation Boost: The expected investment will elevate OpenAI's valuation to over $100 billion, marking a major milestone 📊. AI Advancements: With this new funding, OpenAI plans to accelerate its research and development efforts, paving the way for groundbreaking AI technologies 🔬. What This Means: AI Leadership: OpenAI’s boosted valuation and funding will enhance its dominance in the AI sector, shaping the future of AI innovations 🌐. Strategic Alliances: This investment could foster powerful collaborations between OpenAI, Apple, and Nvidia, fueling further growth and technological breakthroughs đŸ€.#CryptoMarketMoves #NVIDIAConference #FET❀ #USDC✅
đŸ‡ș🇾 US ETFs sold 1213 #Bitcoin Today Outflows from all the major ETFs including Blackrock (-228), Fidelity (-525) and GBTC (-383). ARK was the lone exception taking in 90 BTC Today.
Bitcoin doesn’t need Dell. Dell needs Bitcoin
Radiant Capital (RDNT) aims to be a cross-chain money market, enabling users to deposit and borrow various major assets across multiple blockchains. Radiant's cross-chain interoperability functions using LayerZero messaging and Stargate's stable router interface, enabling lenders to reclaim their collateral and direct withdrawal across chains.  As per the project, a key advantage of Radiant's platform is its unique Dynamic Liquidity Providers (dLP) and gated emissions model, which addresses the challenges of unpredictable and transient liquidity often encountered in DeFi 1.0. This innovative solution ensures that liquidity providers have the flexibility to reclaim their collateral and withdraw it seamlessly across chains.  $RDNT, an OFT-20 token, serves as Radiant's native utility token.  Powered by Layer Zero Labs' innovative omnichain fungible token (OFT) interoperability solution, $RDNT enables seamless transfers of tokens across different blockchain networks. Through Governance Proposal RFP-4, the emission of $$RDNT okens serves as a powerful incentive for ecosystem participants to actively contribute to the platform as dynamic liquidity providers (dLP). #RDNT #Write2Earn! $RDNT {spot}(RDNTUSDT)
$FX is looking bullish today. Function X breaks the 0.10$ resistance with a huge volume and currently, it is all set to touch 0.23$ in a shorter timeframe. We Hope Bitcoin remains bullish too. We noted a 410% gain in the last rally.
Elon Musk Wins Dogecoin Trading Lawsuit Dismissal: Is a DOGE Price Rally on the Horizon?
Binance Market Update (2024-08-30)
Kraken Cites Ripple Case in SEC Battle, But Judge Says Different
SUN is a cryptocurrency with the purported intent to promote the development of decentralized finance on the TRON blockchain network. The Sun platform is powered by the $SUN token.  SUN underwent a considerable upgrade in 2021, resulting in a complete overhaul of its assignment, infrastructure, and even the SUN token itself, which was re-denominated and swapped with the new version of SUN at a 1:1000 ratio. With this upgrade, the SUN platform acquired the decentralized exchange, JustSwap. The upgraded Sun platform integrates asset exchange, liquidity mining, stablecoin exchange, and decentralized autonomous organizations to enable the TRON DeFi ecosystem to grow with a DEX as the core. The platform claims to combine the platform features of multiple trading exchanges to create a high-performance, low-cost, and high-security integrated DEX infrastructure for the TRON Network. The Sun Token platform reportedly provides users with multiple functionalities, such as transaction fee rewards for liquidity providers, LP liquidity mining, and SUN token staking rewards.  #SUN #Write2Earn!
SBI Chairman Yoshitaka Kitao Unveils Vision for Web3 Era at WebX 2024 Conference
MetaCene Secures Investment from Galaxy Interactive, Next-Gen Gaming Revolutionizes
ĐŸĐŸĐŽŃ€ĐŸĐ±ĐœŃ‹Đč ĐĐœĐ°Đ»ĐžĐ· АĐșтоĐČĐŸĐČ SUN
Mastering Elliott Wave: Predicting Wave 3 and 5 Based on Wave 2 Retracements
#Bitcoin will teach you more than any university degree ever will.
$TON NEXT MASSIVE MOVE IS IMMINENT [GET READY NOW!!!]
Load your bag of #PHBUSTD on spot & futures with upto 5x Leverage and go to bed.
Yesterday the BlackRock Spot #Bitcoin ETF sold $13.5m. This is the second time ever they had negative flows!
TON (The Open Network) is a decentralized blockchain platform developed by Telegram, a popular messaging app. Here are some key points about TON coin:$ton Key Features: 1. _Scalability_: TON boasts high scalability, processing millions of transactions per second. 2. _Smart Contracts_: TON supports smart contracts, enabling decentralized applications (dApps). 3. _Sharding_: TON uses sharding, dividing the network into smaller segments for efficient processing. 4. _Telegram Integration_: TON is integrated with Telegram, allowing users to access blockchain features within the app. Use Cases: 1. _Decentralized Finance (DeFi)_: TON is suitable for DeFi applications, such as lending and borrowing. 2. _Gaming_: TON's high scalability makes it attractive for blockchain gaming. 3. _Social Media_: TON enables decentralized social media applications, leveraging Telegram's user base. 4. _Cross-Chain Interoperability_: TON supports interoperability with other blockchains, enhancing its ecosystem. Availability: TON tokens are listed on various cryptocurrency exchanges, including Huobi, OKEx, and Bitfinex. Partnerships: TON has partnered with notable projects like Telegram, BitTorrent, and Free TON, expanding its ecosystem and use cases. Please note that the details may change as the project evolves. Would you like to know more about TON, TON coin, or decentralized blockchain platforms? I'm here to help!
Breaking: for the first time ever, BlackRock has sold #Bitcoin Beginning of a big manipulation? Lets hope not.
🚀 **Bridge Raises $58M to Revolutionize Payments!** - Bridge, co-founded by ex-Square and Coinbase execs, secured $58M in funding. Investors include Sequoia and Ribbit. - Aiming to rival Swift and credit cards, Bridge’s clients include Coinbase and SpaceX. - Elon Musk’s SpaceX uses Bridge to streamline global payments via stablecoins. - Despite past hiccups like TerraUSD’s collapse, the stablecoin market is thriving with a $177.24B cap. - PayPal’s PYUSD joins the fray, surpassing $1B in market cap. Stay tuned for more crypto adventures! 🌐
DOGS: SHOULD I BUY NOW PRICE ANALYSIS [BREAKOUT COMING] $DOGS
🚀 **Bridge Raises $58M: Stablecoins to the Moon!** 🌕 Bridge, the brainchild of ex-Square and Coinbase execs Zach Abrams and Sean Yu, just bagged a whopping $58M in funding! With heavyweights like Sequoia and Ribbit backing them, Bridge aims to revolutionize global payments using stablecoins, giving traditional systems like Swift a run for their money. Even Elon Musk’s SpaceX is onboard, using Bridge to handle payments across galaxies (okay, just regions for now). Stablecoins continue to thrive, with a market cap of $177.24B. What’s your take on this crypto rocket? 🚀 Drop your thoughts below! 👇
Ex-Square, Coinbase execs raise $58M for Bridge stablecoin network
#Bitcoin support,
🚀 **Crypto News Flash: MUNCAT Soars 70%!** - MUNCAT, a new meme coin on the Tron blockchain, skyrocketed 70% in the past day, becoming the top gainer in the crypto market! 🌟 - Trading at $0.0402, MUNCAT's daily volume surged 737% to $6.98M, with a market cap of $38.3M and over 8,900 holders. - The surge follows listings on HTX, SunSwap v2, and Poloneix, with trading starting on Aug. 30. - MUNCAT, launched on SunPump, allocates transaction fees to animal welfare. - ROCK, another SunPump token, surged 100% amid speculation of Justin Sun's investment. 💬 What are your thoughts on MUNCAT's rise? Comment below!
🚀 Sony Enters Blockchain with Soneium! 🚀 Sony has officially launched Soneium, its new blockchain initiative, in collaboration with Startale Labs. Built on Ethereum and Optimism, Soneium aims to tackle slow processing speeds and high transaction fees. The Minato testnet is live, offering developers a sandbox to innovate. Key Points: - Soneium supports advanced smart contracts and dApps. - Partnerships with Pyth Network, Circle, and others. - Competing with Base, Polygon, and more. What do you think? Will Soneium dominate the layer-2 space? Comment below! 💬 #CryptoNews #Blockchain #Soneium
**News Flash: Bridge Raises $58M to Revolutionize Stablecoin Payments** Bridge, a global stablecoin payment network co-founded by former Square and Coinbase execs Zach Abrams and Sean Yu, has secured $58 million in funding. Major investors include Sequoia, Ribbit, and Index. Bridge aims to challenge traditional payment systems like Swift and credit cards by offering faster and cheaper transactions. High-profile clients like SpaceX use Bridge to handle multi-currency payments via stablecoins. The company also partners with crypto firms like Stellar and Strike to enhance their payment infrastructure. Despite past setbacks, the stablecoin market remains robust, with a total market cap of $177.24 billion. PayPal recently entered the space with its own stablecoin, PYUSD, now surpassing $1 billion in market cap.