[stock-market-ticker symbols=" ^NYA;CRYPTO:BTC;CRYPTO:ETH;CRYPTO:USDT;CRYPTO:USDC;CRYPTO:BNB;CRYPTO:ADA;CRYPTO:XRP;CRYPTO:SOL;CRYPTO:DOGE " stockExchange="NYSENASDAQ" width="100%" transparentbackground=1 palette="financial-light"]

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Bitcoin slips, Paypal takeover?, Stablecoin revenue,Crypto bank

Bitcoin slid below $63,000 overnight, extending its monthly losses to nearly 30% as weakening ETF inflows and fading institutional demand push the asset closer to a critical support zone near $60,000. Meanwhile, PayPal is reportedly drawing takeover interest after a sharp stock decline erased almost half its value, with banks and potential buyers exploring either a full acquisition or select assets, though talks remain preliminary. In Washington, Coinbase is lobbying lawmakers to protect a major revenue stream tied to stablecoins, which accounted for roughly 19% of its 2025 revenue through its partnership with Circle, issuer of USDC. That segment grew 48% last year but slowed toward year-end, raising fresh concerns. Elsewhere, Crypto.com has secured conditional approval for a U.S. National Trust Bank charter, paving the way to operate as a federally regulated institution offering services such as custody, staking, and trade settlement marking another step in the broader convergence between traditional finance and digital assets.

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