Peter Schiff, an economist and gold advocate, has criticized the increasing use of stablecoins in the United States. His remarks come as the Senate continues discussions around the proposed stablecoin bill, known as the GENIUS Act. One of the most debated points in the bill is whether yield-bearing stablecoins should be allowed under U.S. regulation. Peter Schiff Warns Against Stablecoin Amid Stablecoin Bill Debate In a post shared on X, Peter Schiff stated that U.S. dollar stablecoins “won’t do anything to help the U.S. economy or finance the U.S. government’s exploding deficits.” He added that “the primary use of stablecoins will be as trading pairs with other crypto tokens, mainly Bitcoin.” Schiff emphasized that stablecoins serve to bring more money into what he called a “crypto casino,” not to improve the financial system. Peter Schiff has remained consistent in his criticism of cryptocurrency-related products. He repeated that they would remove… Read More at Coingape.com
Cardano has seen a notable price increase in recent days, reflecting broader market improvements. The altcoin is currently trading at $0.79, marking a 17% gain over the past three days.
Alongside favorable market conditions, bullish signals from the network itself indicate that Cardano’s price could be on the path to recovery of the 40% losses it sustained in March.
Are Cardano Investors Noting An Opportunity?
The MVRV Long/Short Difference for Cardano is currently sitting at -89%. This indicates that long-term holders (LTHs) are facing near-zero profits, with some even experiencing losses. On the other hand, short-term holders (STHs) of less than a month are seeing profits.
This oscillating indicator reaches extreme negative values near the end of the bear cycle, as when STHs begin to sell, new investors typically step in to absorb the selling pressure.
This dynamic can help keep the price afloat and even push it higher, maintaining positive momentum. The shift could play a pivotal role in recovering from the recent losses.
Bullish technical indicators support Cardano’s macro momentum. The Moving Average Convergence Divergence (MACD) shows that bullish momentum is strengthening.
The rising green bars on the histogram suggest that the market is experiencing positive momentum, and the possibility of a bearish crossover is still distant.
Cardano is currently trading at $0.78, a 17% increase over the last three days, bringing it closer to the $0.80 resistance. This recent rally offers another opportunity for Cardano’s price to recover the 40% losses it experienced earlier in March.
If positive momentum continues, Cardano could break through key resistance levels and target higher price points.
A complete recovery would likely require Cardano to reach $1.13, but this could take more time. For now, the realistic target is to flip the $0.85 resistance into support.
If successful, this would lock in the recent gains and set ADA up for further growth towards $0.99, positioning it for a sustained recovery.
However, if Cardano fails to maintain its growth and drops below $0.74, the altcoin could enter a period of consolidation. In this scenario, the price would likely fluctuate between $0.74 and $0.66, invalidating the current bullish outlook.
The World Liberty Financial team has launched a proposal to make their token, $WLFI, tradable outside a close network. This decision comes as the US celebrates Independence Day, marking a historic moment for the project. Community Vote for World Liberty Financial’s WLFI Token Goes Live on Independence Day World Liberty Financial’s post on X about
In many retail stores today, frustrated customers often ask, “Do you accept crypto?” only to hear, “Not yet.” This daily encounter reflects a growing demand among consumers eager to use digital assets in real-world purchases.
The gap between rising crypto adoption and traditional payment systems is evident. Yet, SpacePay, a fintech startup based in London, is stepping in with a practical solution. Backed by global investors, SpacePay is quietly changing how merchants and customers engage with payments.
The platform offers a fast, familiar way to accept crypto, making digital payments as effortless as card transactions. This integration is not theoretical, it’s available now, built for Android POS systems, and crafted to remove all the friction retailers fear.
Practical Payments Built for the Real World
SpacePay has built its payment infrastructure with compatibility and user experience at its core. Designed for all Android POS terminals, the system upgrades existing devices without requiring any new hardware.
Through a lightweight APK, SpacePay enables instant crypto payments while shielding merchants from price volatility. This ensures retailers receive funds in their local currency, even if customers pay in cryptocurrency.
The process is simple: a customer scans a QR code, pays with any of over 325 supported wallets, and the merchant receives an immediate settlement in fiat. With no learning curve and no disruption to the checkout process, SpacePay functions as a direct substitute for credit card networks.
Transaction efficiency also brings economic benefits. Merchants only pay a 0.5% fee per transaction, compared to traditional card fees. SpacePay’s approach supports faster payments, eliminates delays in fund access, and helps businesses manage crypto risk with automatic real-time conversions.
A Presale Surge and Plans for Sustainable Growth
SpacePay is in its presale phase, and the project has drawn great interest from the broader crypto community.
According to website data, the presale has already surpassed $1 million in raised capital. Tokens are currently offered at $0.003181, providing early supporters a chance to join the project before its broader public rollout.
Users can link wallets such as MetaMask to the platform’s web widget to purchase $SPY coins. Credit and debit card choices are offered, and supported currencies include ETH, BNB, MATIC, AVAX, USDC, USDT, and BASE. Once connected, users can swap their assets for $SPY directly on the site, with transaction authorization handled within their wallet.
The project has confirmed that the Token Generation Event (TGE), initially anticipated earlier, is now rescheduled to Q2 2025. In a detailed statement shared on X, SpacePay addressed the shift:
“After thoughtful discussions with our advisors, market makers, and industry leaders, we have made the important decision to reschedule our TGE to Q2 2025,” SpacePay stated. The team emphasized that the token launch is a one-time opportunity that must be perfectly executed.
Dear SpacePay Community,
First and foremost, we want to express our deepest gratitude for your unwavering support.
It’s because of you that we’re here today.
After thoughtful discussions with our advisors, market makers, and industry leaders, we have made the important…
SpacePay pointed to several reasons behind the decision. These include securing tier-1 launchpad listings and finalizing key partnerships. The team also cited market conditions, noting that poorly timed launches have underperformed, making timing and liquidity essential factors in achieving long-term adoption.
The announcement concluded with a message from founder Maxwell Bunting, who invited the community to an AMA session hosted in their official Telegram group. The team remains focused on preparing for a milestone debut while building infrastructure for scalable success.
Unlocking New Avenues for Merchants and Consumers
SpacePay’s value proposition extends beyond payments. The platform seeks to enhance customer experiences in-store while providing merchants access to a larger pool of digital asset holders.
With over 400 million crypto users worldwide, businesses can expand their reach by accepting digital currencies. What makes this model different is its focus on functionality and merchant protection.
SpacePay removes two of the biggest concerns retailers face by offering instant settlements and volatility shields. Besides, businesses gain the ability to accept crypto without exposing themselves to its price swings.
Additionally, SpacePay’s NFC-enabled system introduces secure, contactless transactions through Near Field Communication technology.
The system uses AES for data protection, ensuring user security during every transaction. SpacePay lowers the risk of fraud and counterfeiting with features like device verification and two-factor authentication.
Customers enjoy a flawless experience thanks to these security features, and shops feel more secure accepting digital payments. Digital assets can be spent in the same way as cash or credit cards because of the smooth process from QR scanning to final authorization.
A Token Built on Utility and Community Governance
Beyond payments, the $SPY token is designed to support the ecosystem’s utility and governance. Token holders can participate in governance decisions, such as voting on new features and strategic directions.
Those holding $SPY also gain early access to new features, services, and products.
SpacePay issues monthly loyalty airdrops to reward long-term supporters and drive continued engagement. Through a revenue-sharing model, token holders may benefit from the platform’s overall success, aligning financial incentives with adoption goals.
Importantly, SpacePay’s decentralized structure enables trust and transparency. Operating without a central authority, the platform empowers users and merchants while fostering open financial systems.
SpacePay organizes interactions with its audience through quarterly webinars in addition to its technical capabilities. During these friendly get-togethers, anyone who owns tokens can ask questions, hear the latest news about the project, and talk directly with the team members.
The team also matches charitable donations made in $SPY, adding a layer of social responsibility to the token utility. Visit the official presale page to get your SPY tokens today.
The post Crypto at Checkout: How SpacePay is Simplifying Payments for Merchants and Users appeared first on Coinpedia Fintech News
In many retail stores today, frustrated customers often ask, “Do you accept crypto?” only to hear, “Not yet.” This daily encounter reflects a growing demand among consumers eager to use digital assets in real-world purchases. The gap between rising crypto adoption and traditional payment systems is evident. Yet, SpacePay, a fintech startup based in London, …
