Facebook is building a cryptocurrency to be used in WhatsApp, report says
Facebook is working on a cryptocurrency that will let users of WhatsApp — the messaging service that the social network giant acquired in 2014 — send and receive money, Bloomberg reported Friday, citing people familiar with the matter. The initial focus of this effort would be the remittances market in India, the report says, and…
Facebook is working on a cryptocurrency that will let users of WhatsApp — the messaging service that the social network giant acquired in 2014 — send and receive money, Bloomberg reported Friday, citing people familiar with the matter.
The initial focus of this effort would be the remittances market in India, the report says, and the cryptocurrency would be a stablecoin — a special type of cryptocoin which has its value pegged to some real world asset, such as the U.S. dollar.
SEE ALSO: Facebook’s Definers fall guy was already on his way out
According to the report, this stablecoin might not launch for quite some time, as Facebook hasn’t yet decided on key aspects, including the currency or currencies the stablecoin would be pegged to.
Stablecoins have been a popular crypto-niche in 2018, as they solve one key issue that prevents Bitcoin and other major cryptocurrencies being usable for payments and microtransactions: volatility. S
Bitcoin drops 3% as PPI beats forecasts, and a tiny detail could skew the next macro trade Bitcoin traded lower after January producer inflation came in above consensus. That sets up a longer stretch in which rate expectations may steer crypto pricing ahead of the next producer price index (PPI) print on March 18…
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Bitcoin drops 3% as PPI beats forecasts, and a tiny detail could skew the next macro trade Bitcoin traded lower after January producer inflation came in above consensus. That sets up a longer stretch in which rate expectations may steer crypto pricing ahead of the next producer price index (PPI) print on March 18… Read More
Kaspa price currently mirrors the broader market, with Bitcoin struggling. The KAS token recently bounced off $0.028 and is holding $0.03. If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months. Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak
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Kaspa price currently mirrors the broader market, with Bitcoin struggling.
The KAS token recently bounced off $0.028 and is holding $0.03.
If a decisive breakout materializes amid likely catalysts, bulls could target $0.10 in the coming months.
Kaspa (KAS) price has declined by 22% over the past month and by over 64% since its peak above $0.13 in May 2025.
The token trades near $0.03, but remains in an extended downtrend amid prevailing weakness across the crypto market. Friday’s session saw Bitcoin retest lows of $65,600, and Ethereum dip to near $1,900, a move that pinned most altcoins lower, including Kaspa.
Why Kaspa bulls may hold the upper hand
Despite the potential for a retest of recent lows, bullish catalysts are on the horizon. Combined with current strength, these possible upside triggers suggest the advantage in the coming months lies with the buyers. What KAS needs is for bulls to navigate the broader crypto market headwinds while holding $0.03 as support.
Among key milestones is Kaspa’s network notching over 600 million total transactions.
Details on the Kaspa Explorer show that total transactions have surpassed 604 million. According to market observers, this proves that the BlockDAG protocol delivers real-world throughput with sub-second confirmations.
Also notable is Kaspa’s pivotal hard fork expected in May. Implementation will introduce programmable covenants, native assets like KRC20 tokens, and SilverScript for easier Layer 1 development.
Meanwhile, nearly 95% of its 28.7 billion max supply is already mined, and a move to the limit can only slash new coin emissions further. If broader catalysts align, the KAS price will benefit.
Kaspa price analysis
While bulls have the upper hand in terms of what’s upcoming, current price action hints at a potential battle for dominance by both buyers and sellers.
KAS has remained in a downtrend since late 2025, with lows of $0.028 in February. The daily chart highlights a key supply zone at the falling 50-day and 100-day simple moving averages, with bulls hitting a supply wall around these levels multiple times.
Kaspa price on daily chart by TradingView
If the price fails to break out decisively, a combination of negative market conditions could deepen the downtrend. Support could be at $0.025
On the upside, immediate hurdles are at the 50-day and 1
Bitcoin Magazine U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams U.S. authorities have seized over $580 million in cryptocurrency linked to Southeast Asian “pig butchering” scams. This post U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams first appeared on Bitcoin Magazine and is written by
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Bitcoin Magazine
U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams
U.S. authorities have seized over $580 million in cryptocurrency linked to Southeast Asian “pig butchering” scams.
This post U.S. Government Seizes Over $580 Million in Crypto Linked to Southeast Asian Scams first appeared on Bitcoin Magazine and is written by Micah Zimmerman… Read More
