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Coinbase Faces Backlash Over New USDC Conversion Fees

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Coinbase is drawing criticism from the crypto community for a new fee structure on USDC-to-USD conversions. Starting August 13, the exchange will charge a 0.10% fee on net conversions that exceed $5 million within a 30-day period, while the first $5 million remains fee-free. This move has reignited concerns about centralization and whether crypto platforms … Read more

Sheetz Offers 50% Off for Crypto Payments Via Flexa

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Convenience store chain Sheetz is running a new promotion to encourage crypto payments. Dubbed “Crypto Crave & Save,” the deal offers customers a 50% discount on their entire purchase when they pay with cryptocurrency through the Flexa network. The promotion is available daily between 3 PM and 7 PM at participating Sheetz locations. Sheetz, a … Read more

More Crypto Professionals Opt for Stablecoin Salaries

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A new report from Pantera Capital reveals a significant trend: a growing number of crypto professionals are choosing to be paid in digital dollars. The number of industry workers receiving salaries in stablecoins has tripled over the past year, with 9.6% now opting for these payments. The report, which surveyed over 1,600 professionals across 77 … Read more

KakaoBank Eyes Entry into South Korea’s Stablecoin Market

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South Korean digital bank KakaoBank is “actively considering” entering the country’s stablecoin market, according to CFO Kwon Tae-hoon. This potential move follows the Bank of Korea’s decision to shelve its central bank digital currency (CBDC) pilot program. KakaoBank plans to participate in both the issuance and custody of stablecoins, aligning its strategy with evolving national … Read more

Chainlink’s Path to $46 Hinges on $13 Support Level

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Crypto analyst Ali Martinez has set an ambitious long-term price target of $46 for Chainlink (LINK), but he cautions that this projection is valid only if the token’s critical $13 support level holds. The forecast comes as LINK is experiencing a period of consolidation, with momentum indicators showing a lack of a clear trend. Currently, … Read more

Bitcoin and Ether ETFs See Renewed Inflows, Signaling Return of Investor Confidence

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After four consecutive days of net outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) have seen a significant reversal, recording a total of $91.5 million in net inflows on Wednesday. The resurgence was led by BlackRock’s IBIT with $42 million, followed by Bitwise’s BITB with $26.35 million and Grayscale’s GBTC with $14.5 million. This renewed interest … Read more

Crypto Market Sentiment Bounces Back to “Greed” as Prices Stabilize

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Following a volatile period, crypto market sentiment has turned bullish again, with the Crypto Fear & Greed Index rising to a score of 62, indicating “Greed.” This marks a recovery from a brief dip into “Neutral” territory. The shift in sentiment coincides with a modest price increase across several major cryptocurrencies over the past 24 … Read more

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