Midday News Update #Web3

💸 #PayFi sector leads the crypto market rally with 24H gains of 21%, boosted by regulatory news, as Ripple ($XRP ) surges 25.75%.

🚀 Bloomberg’s Eric Balchunas: Bitcoin-related stocks hit $70B in daily trading volume, breaking yesterday's record.

💸 #MicroStrategy completes $3B convertible note offering to buy more $BTC and fund general corporate purposes.

📰 FINRA adds a new cryptocurrency section on its website, outlining crypto asset types, trading methods, and associated risks.

🌍 WisdomTree launches its $XRP -backed #ETP on major European exchanges, offering institutional-grade exposure with a 0.50% management fee.