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Crypto card spending jumps 2.5x to $759m in July

Crypto payment card spending has jumped 2.5 times from a year earlier to reach $759 million in July, supported by nearly 9 million purchases settled mainly through dollar-backed stablecoins. A16z crypto reported the figures using data from Paymentscan, which tracks…

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Goldman Sachs buys LCN in deal worth up to $410M

Goldman Sachs has agreed to buy LCN Capital Partners for up to $410 million, adding about $3 billion in commercial real estate assets to its investment management business. Goldman Sachs said in an Aug. 18 announcement that the transaction will…

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Metaplanet commits 2,100 BTC to launch US treasury

Metaplanet has agreed to invest 2,100 Bitcoin and $2.5 million in Nasdaq-listed Super League Enterprise, securing a 95.7% stake and creating a U.S. Bitcoin treasury company called Superplanet. According to a joint company announcement published on Aug. 18, the proposed…

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Toyota Finance launches ¥1 billion tokenized bond via Toyota Wallet

Toyota Finance has opened applications for a ¥1 billion ($6.76 million) tokenized bond that pays 1.72% annually and can be bought through Toyota Wallet without opening a securities account. Toyota Financial Services, Toyota Finance, SMBC Group and BOOSTRY said Tuesday…

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MoonPay integrates Cash App Pay for US crypto purchases

MoonPay has added Cash App Pay as a payment method for cryptocurrency purchases, giving eligible U.S. customers a way to fund MoonPay transactions directly from their Cash App balances. MoonPay said Tuesday that Cash App Pay is now available through…

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Why did Bitway token skyrocket 100% this week, and can it last?

Bitway token extended its seven-day gain beyond 100% on Aug. 18, trading near $0.37 as reward campaigns drew demand, but overbought conditions and concentrated liquidation levels raised the risk of a sharp reversal. According to data from CoinMarketCap, the BTW…

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Ethereum price trapped below $1,920, is $2,000 next?

Ethereum price traded near $1,905 on Aug. 18 as tightening daily and 4-hour ranges placed the $1,920 resistance level at the center of its next major move. Ethereum price tightens inside a symmetrical triangle According to data from crypto.news, Ethereum…

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The CLARITY Act won’t move markets. It will move people.

Forget short-term price charts – Washington’s digital asset framework is the legal authorization that conservative wealth managers have been waiting for before they can put trillions to work. Everyone seems to be watching the CLARITY Act for the same thing.…