The Daily Bone (Formerly The Nifty) Crypto Majors Chop While PayPal Drops Huge News – $1B Bitmine Buyback, Pump Token Drama & Tomorrow’s FOMC
Jul 29, 2025
Discover the latest buzz in cryptocurrency as PayPal unveils its 'Pay With Crypto' feature and Bitmine launches a monumental $1 billion buyback. Dive into market dynamics with insights on Bitcoin and Ethereum fluctuations, alongside trading strategies tailored for volatile conditions. The hosts share humorous tales of home buying while exploring market sentiments and the fear and greed index. With speculation on regulatory impacts and delays in ETF approvals, there's plenty to ponder in the evolving world of digital assets.
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PayPal's Crypto Payment Launch
- PayPal's new "Pay With Crypto" feature enables international payments using over 100 cryptocurrencies with instant settlement.
- This reduces transaction fees by up to 90%, signaling growing corporate commitment to crypto adoption.
House Inspection Awkwardness
- The house inspection was awkward with the seller following them closely but revealed no major issues.
- The funny moment was catching the seller peeking then ducking out of a window, making them laugh.
BitMine's Stock Buyback Strategy
- BitMine Immersion's $1 billion stock buyback is a new approach to increasing ETH holdings indirectly through share repurchases.
- This contrasts traditional crypto acquisitions and may reflect a strategy to leverage perceived undervaluation in their stock.