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PayPal invests in a stablecoin startup, while crypto markets show volatility and regulatory shifts continue.
PayPal Ventures has invested $18 million in Kite, a startup using stablecoins for payments, highlighting the potential for growth in crypto commerce.
Meanwhile, D'CENT Wallet launched GasPass, a solution to reduce blockchain transaction fees.
Kraken’s co-CEO acknowledged that the crypto market is in a bubble, despite reaching a $4 trillion market cap.
Binance Coin hit a new high at $907.33, and Avalanche's price surged by 10% to $28.50, with predictions of further growth.
The SEC aims to clarify cryptocurrency regulations, and Hong Kong’s central bank is considering easing capital rules for crypto holding banks.
These moves and market activities signal ongoing interest and investment in the crypto space despite market volatility.
PayPal invierte en una startup de stablecoin, mientras que los mercados criptográficos muestran volatilidad y continúan los cambios regulatorios.