12 Aug 2025, 17:40

Transak Raises $16M Strategic Round from Tether and IDG Capital to Scale Stablecoin Payments Infrastructure

12 Aug 2025, 17:40

Coinbase Stablecoin Fund Relaunch: Boosting DeFi Liquidity with a Powerful Initiative

BitcoinWorld Coinbase Stablecoin Fund Relaunch: Boosting DeFi Liquidity with a Powerful Initiative Exciting news from the world of digital assets! Coinbase, a leading cryptocurrency exchange, recently announced a significant step to bolster the decentralized finance (DeFi) ecosystem. The company has officially relaunched its Coinbase Stablecoin Fund , a crucial initiative designed to enhance stablecoin liquidity across various DeFi capital markets. This move is a clear indicator of Coinbase’s continued commitment to fostering a robust and efficient crypto finance landscape. Why is Stablecoin Liquidity Crucial for DeFi Capital Markets? Stablecoins are digital currencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They are the backbone of the DeFi ecosystem, enabling seamless transactions and lending without the volatility of other cryptocurrencies. Therefore, maintaining ample stablecoin liquidity is paramount for the health and efficiency of DeFi capital markets . Reduced Slippage: Higher liquidity means larger trades can occur with minimal price impact. Enhanced Trading Efficiency: It allows for quicker and more cost-effective transactions. Greater Stability: A deeper pool of stablecoins helps absorb large orders, contributing to overall market stability. Improved Lending & Borrowing: More liquidity supports robust lending and borrowing protocols, making DeFi more attractive. Without sufficient liquidity, DeFi platforms can become inefficient, leading to higher costs and a less appealing user experience. This is precisely why Coinbase’s renewed focus on this area is so impactful. How Does the Coinbase Stablecoin Fund Relaunch Boost USDC Adoption? The original Stablecoin Bootstrap Fund launched in 2019, primarily to provide USDC liquidity to emerging DeFi platforms. This latest relaunch expands its scope significantly. Coinbase has restarted the program by actively adding liquidity for both USDC and EURC to prominent DeFi protocols. This strategic deployment includes: Aave: A leading decentralized lending and borrowing protocol. Morpho: An optimized lending protocol building on top of existing ones. Kamino: A liquidity management platform on Solana. Jupiter: A prominent DEX aggregator on Solana. By injecting these stablecoins directly into these widely used platforms, Coinbase is directly facilitating greater USDC adoption and EURC usage within the DeFi space. This makes it easier for users to access and utilize these stable assets for various financial activities, from trading to yield farming. What Does This Mean for Crypto Finance Innovation? Coinbase’s initiative goes beyond just providing funds; it’s about nurturing the very infrastructure of decentralized finance. By ensuring robust stablecoin liquidity , the Coinbase Stablecoin Fund directly supports the development and growth of new applications and services within the broader crypto finance innovation ecosystem. This proactive approach by a major centralized exchange highlights the growing convergence and interdependence between traditional crypto services and the decentralized world. Furthermore, this move can inspire other large players to contribute to the foundational liquidity of DeFi, leading to a more resilient and dynamic market. It signals confidence in the long-term potential of decentralized applications and their ability to reshape global finance. A Powerful Step Forward for Decentralized Finance The relaunch of the Coinbase Stablecoin Fund is a powerful and strategic move that will undoubtedly have a positive ripple effect across the DeFi landscape. By actively injecting USDC and EURC liquidity into key protocols, Coinbase is not only enhancing the efficiency of DeFi capital markets but also championing broader USDC adoption and accelerating crypto finance innovation . This commitment to strengthening the foundational elements of decentralized finance solidifies Coinbase’s role as a pivotal player in the ongoing evolution of the digital economy. Frequently Asked Questions (FAQs) What is the Coinbase Stablecoin Fund? The Coinbase Stablecoin Fund is an initiative by Coinbase to increase stablecoin liquidity in decentralized finance (DeFi) capital markets, originally launched in 2019 and recently relaunched to support protocols like Aave and Morpho. Why is stablecoin liquidity important for DeFi? Stablecoin liquidity is crucial for DeFi because it reduces trading slippage, enhances transaction efficiency, contributes to market stability, and supports robust lending and borrowing activities within decentralized protocols. Which platforms benefit from this relaunch? The relaunched fund specifically adds USDC and EURC liquidity to prominent DeFi platforms including Aave, Morpho, Kamino, and Jupiter, among others. What are USDC and EURC? USDC (USD Coin) and EURC (Euro Coin) are fiat-backed stablecoins issued by Circle, with USDC pegged to the US Dollar and EURC pegged to the Euro, providing stable digital assets for the crypto economy. How does this impact the broader crypto finance ecosystem? This initiative fosters greater crypto finance innovation by strengthening the underlying infrastructure of DeFi, promoting wider USDC adoption , and encouraging more efficient and reliable decentralized financial services for users globally. What is the primary goal of the Coinbase Stablecoin Fund? The primary goal is to increase the availability and flow of stablecoins within decentralized finance, thereby making DeFi markets more efficient, accessible, and robust for all participants. If you found this article insightful, consider sharing it with your network! Help us spread the word about the exciting developments in the crypto space and Coinbase’s commitment to advancing decentralized finance. To learn more about the latest crypto market trends, explore our article on key developments shaping DeFi capital markets institutional adoption . This post Coinbase Stablecoin Fund Relaunch: Boosting DeFi Liquidity with a Powerful Initiative first appeared on BitcoinWorld and is written by Editorial Team

12 Aug 2025, 17:39

Ethereum (ETH) Price Hits $4.500 – Why is ETH Rising? Here’s What You Need to Know

Ethereum (ETH) briefly tested the $5,000 level today, continuing its strong uptrend in recent days. At the time of writing, ETH is trading at $4,470.96, up 4.12% intraday, bringing its market capitalization to $539.92 billion. This level is just 8.05% away from its all-time high of $4,891.70 recorded in November 2021. Chart showing the rise in ETH price. According to market data, 24-hour trading volume increased by 7.59% to $161.06 billion, while open interest in futures increased by 5.38% to $61.34 billion. A total of $420.31 million in positions were liquidated in the crypto market over the past 24 hours. $156.35 million of this came from Ethereum and $55.76 million from Bitcoin. Related News: Trump May Announce a New Candidate for FED Chair: Here Are His Views on Cryptocurrency One of the key drivers behind the surge was Bitmine Immersion Technologies (BMNR)'s massive acquisition plan. The company announced today that it plans to sell up to $20 billion worth of shares to increase its holdings of Ethereum. Bitmine's current ETH holdings stand at 1.15 million ETH (approximately $4.96 billion), equivalent to approximately 1% of the total circulating ETH supply. Bitmine, chaired by renowned investor Tom Lee, aims to own 5% of the circulating ETH in the long term. This strategic goal sent the company's shares soaring more than 14% on Monday, with its share price up over 600% since the beginning of the year. *This is not investment advice. Continue Reading: Ethereum (ETH) Price Hits $4.500 – Why is ETH Rising? Here’s What You Need to Know

12 Aug 2025, 17:39

Whales Accumulate Solana as $170 Support May Signal Potential Breakout Toward $205

Solana’s $170 support is crucial for a potential breakout toward $205, with significant whale activity indicating bullish sentiment. Whale wallets moved over $40M in SOL to exchanges, indicating strong trading

12 Aug 2025, 17:36

XRP Price Prediction: Ripple Defeats SEC – Is This the Start of the Biggest Rally in Crypto History?

An almost 5-year-long XRP headwind has cleared with the Ripple SEC case closed, adding to bullishness building for the XRP price outlook . After a joint stipulation of dismissal on August 7, today’s litigation release marks the final nail in the coffin, with the SEC formally giving up its right to pursue further legal action. JUST IN: The SEC has released a document announcing the resolution of its case against Ripple. pic.twitter.com/oBnist4ps3 — Crypto Briefing (@Crypto_Briefing) August 12, 2025 While the conclusion has largely been priced in with speculation alongside pro-crypto regulatory pushes under the Trump administration, the altcoin has surged 8% on the news. However, the main impact comes as SEC Chair Paul Atkins cited the development as an “opportunity to shift our energy from the courtroom to the policy drafting table.” That policy focus comes as lawmakers advance the CLARITY ACT, a bill that could unlock sidelined demand from TradFi markets waiting on regulatory clarity. : The CLARITY Act just made things simple: If a blockchain is decentralized → It’s a commodity (CFTC) If it’s not → It’s a security (SEC) That means projects like $XRP could finally get the green light! pic.twitter.com/oB7bWNCf7B — Xaif Crypto | (@Xaif_Crypto) July 21, 2025 This opens the door for new demand, such as with the Trump-signed executive order granting crypto assets exposure to the $9 trillion 401(k) retirement investment market . Alongside the October 17 deadline for a potential spot XRP ETF, pending SEC approval, XRP could attract significant retail and institutional interest. XRP Price Analysis: Policy Shift Could Fuel $10 XRP The momentum created by a policy push from the SEC could see XRP continue on the breakout path of a bull flag pattern forming since the November post-election rally. XRP / USDT 1-day chart, bull flag breakout continues. Source: TradingView, Binance. While momentum cooled after the mid-June market top, indicators now point to a bullish continuation. The RSI has maintained its position above the signal line at 55, suggesting that buyers are pushing the current market move. The MACD line also hinges on a golden cross, moving in close parallel with the signal line, often a sign that a mid-term uptrend is taking hold on the daily chart. A breakout continuation could drive XRP 55% higher to reclaim the $5 milestone, setting the stage to challenge its 2018 all-time high of $5.56 and enter new price discovery. However, fully realised the pattern could see the rally extend to $10 for a potential 215% gain, supported by catalysts such as 401(k) adoption and a spot XRP ETF approval with the added fuel of rate cuts. Softer-than-expected inflation data has strengthened expectations for up to three rate cuts before year-end, starting as early as September, with the potential to stimulate new inflows into risk assets like cryptocurrencies. There is now an 84.5% chance of a rate cut in September. Keep your eyes on inflation and labor market data this week. CPI will be released today, initial jobless claims tomorrow, and PPI on Thursday. Expect high volatility. pic.twitter.com/BVa9AIzBYX — Crypto Rover (@rovercrc) August 12, 2025 Is This the Biggest Setup in Crypto? The altcoin market is pumping right now, and those who back the wrong horse are missing out on substantial gains as fresh retail liquidity floods in. While XRP stands to see a 2x rally to $10 as the bull market matures, low-cap meme coins like TROLL are up 2x over the past week, and there are even bigger opportunities to be had. That’s where Snorter ($SNORT) steps in. Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd, where the real gains are made. It’s built for precision, with limit-order sniping to secure the best entry prices, MEV-resistant swaps that prevent other traders from cutting in line on your transactions, copy trading to replicate the moves of proven top performers, and rug-pull protection that flags suspicious tokens before you buy. Getting in early is only half the battle. Knowing exactly when to take profits can be the difference between a small win and a life-changing trade, and that’s where Snorter gives you the edge. Snorter Bot vs. other popular trading bots. The project is off to a strong start, $SNORT has already raised over $2.5 million in its initial presale weeks, likely driven by its high 144% APY on staking to rewards early investors. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . Click Here to Participate in the Presale The post XRP Price Prediction: Ripple Defeats SEC – Is This the Start of the Biggest Rally in Crypto History? appeared first on Cryptonews .

12 Aug 2025, 17:35

Perplexity’s Audacious Bid: AI Search Engine Offers Billions for Google Chrome

BitcoinWorld Perplexity’s Audacious Bid: AI Search Engine Offers Billions for Google Chrome In a move that has sent ripples across the tech industry and captured the attention of the cryptocurrency world, AI search engine Perplexity has launched an audacious bid to acquire Google Chrome. This unsolicited offer, valued at an astonishing $34.5 billion in cash, is far more than Perplexity has ever raised, signaling a bold play in the competitive digital landscape. For those observing the rapid evolution of decentralized web technologies and the growing influence of AI, this potential Perplexity Chrome acquisition could redefine how we interact with the internet, impacting everything from data privacy to browser innovation. Perplexity’s Daring Perplexity Chrome Acquisition Bid The offer from Perplexity, confirmed by Reuters and Bitcoin World, proposes to purchase Google Chrome for $34.5 billion. This isn’t just a simple cash offer; it comes with significant commitments designed to alleviate potential concerns and maintain the spirit of open web development. Perplexity has explicitly stated that the terms include: A commitment to keep Chrome’s underlying engine, Chromium, open source. A promise to invest an additional $3 billion into the Chromium open-source project. An assurance not to change Chrome’s user defaults, including keeping Google as the default search engine, rather than substituting it with Perplexity’s own AI-powered option. This strategic decision to preserve Google as the default search engine is particularly noteworthy, highlighting Perplexity’s focus on acquiring the browser’s reach and infrastructure rather than immediately disrupting user habits or Google’s core revenue stream from search. The bid arrives at a pivotal moment for Google, as it grapples with significant legal challenges that could reshape its empire. Google’s Antitrust Battles and Chrome’s Future Perplexity’s offer isn’t made in a vacuum; it directly capitalizes on Google’s ongoing legal woes. The U.S. Department of Justice (DOJ) proposed in March that Google be forced to sell Chrome, following a judge’s ruling that the tech giant acted illegally to maintain a monopoly in online search. Google, predictably, has vowed to fight this ruling and has not agreed to divest Chrome. The DOJ’s push for a forced sale of Chrome underscores the browser’s immense power. With a staggering 68% market share, according to Statcounter, Chrome is the dominant gateway to the internet for billions worldwide. This monopoly position has been a central point of contention in the Google antitrust case. A Perplexity spokesperson expressed belief that the court will soon set terms for remedies, potentially as early as this month. It’s worth noting that Google is also fighting another federal case where it was ruled to have illegally monopolized adtech, with the DOJ proposing divestment of adtech products or a breakup of its ad business. These legal battles create an opening for ambitious players like Perplexity to step in. The Rise of AI Search Engines and Market Dynamics The emergence of advanced AI search engine technologies is rapidly changing the way users discover information. Perplexity, a key player in this space, is making aggressive moves to expand its footprint. Despite its ambitious offer, Perplexity’s financial standing is significantly smaller than the proposed acquisition price. Pitchbook estimates Perplexity has raised approximately $1.5 billion to date, including a recent $100 million extension round that valued the company at $18 billion. This means the $34.5 billion offer for Chrome is more than twice its current valuation and many times what it has raised. Interestingly, the value of Chrome itself is a subject of debate. Duck Duck Go CEO, a rival search engine, testified in April that Chrome could be worth “upwards of $50 billion,” as reported by Bloomberg. If Perplexity’s offer were to succeed, it could be considered a substantial bargain given this higher estimate. The interest in Chrome extends beyond Perplexity and OpenAI, who also expressed interest when the DOJ first proposed the divestiture. Given Chrome’s market dominance, a forced sale would undoubtedly attract bids from numerous global tech entities. Navigating the Web Browser Market Landscape The current web browser market is dominated by Chrome, making any shift or potential acquisition a monumental event. Perplexity’s bid, while financially audacious for the company, highlights the strategic value of owning a browser. A browser serves as the primary interface for users, providing invaluable data on browsing habits and preferences, and acting as a distribution channel for search and other services. Perplexity’s recent actions further illustrate its drive to control its distribution. Last month, the company launched its own browser, named Comet, in an effort to grow its AI search business without relying on third-party browsers, particularly one owned by its main rival, Google. This parallel development shows Perplexity’s dual strategy: build its own browser while simultaneously attempting to acquire the largest existing one. The competitive landscape for browsers is heating up, with innovation in AI-powered features becoming a new battleground. Impact of a Major Tech Merger Bid A successful tech merger bid of this magnitude would have profound implications across the industry. For Google, it would mean divesting a core asset and potentially facing a significant restructuring of its business model. For Perplexity, it would instantly catapult them into a position of immense power and reach, allowing their AI search capabilities to integrate directly with the world’s most popular browser. This could accelerate AI adoption and innovation in the search space dramatically. Beyond the direct parties, such a deal would reshape the competitive dynamics for other browser developers and search engines, potentially fostering more innovation or, conversely, consolidating power further. The user experience could also evolve, depending on how Perplexity integrates its AI and what new features it introduces. While the outcome remains uncertain, this bold move by Perplexity signifies a new era of aggressive competition and strategic maneuvering in the ever-evolving tech landscape. Beyond the Bid: Bitcoin World Disrupt 2025 The tech world is constantly buzzing with innovation and strategic plays. As these high-stakes negotiations unfold, the industry continues to look forward to future developments. Bitcoin World Disrupt 2025, celebrating its 20th anniversary, is set to be a focal point for these discussions. Heavy hitters like Netflix, ElevenLabs, Wayve, Sequoia Capital, and Elad Gil are joining the agenda to deliver insights that fuel startup growth and sharpen industry edges. Scheduled for October 27-29, 2025, in San Francisco, this event offers a unique chance to learn from top voices in tech and VC. For brands, Disrupt 2025 also provides an unparalleled opportunity to engage with over 10,000 tech and VC leaders, amplify reach, and spark real connections. To learn more about the latest AI market trends, explore our article on key developments shaping AI browser innovation . This post Perplexity’s Audacious Bid: AI Search Engine Offers Billions for Google Chrome first appeared on BitcoinWorld and is written by Editorial Team