Binance drops Bitcoin Ordinals, Solana transaction issues, and Cathie Wood praises BTC

Binance is winding down support for Bitcoin Ordinals just a few months after introducing them to its marketplace. PayPal is set to allow United States users to fund global money transfers using U.S. dollars converted from its native stablecoin, PayPal USD. ARK Invest CEO Cathie Wood says Bitcoin’s growth in value is driven by its appeal as a hedge against devaluing fiat currencies. And the Solana network is struggling with transaction completion issues.Further reading:Binance ends support for Bitcoin OrdinalsPayPal opens PYUSD stablecoin to USD conversions for cross-border transfersBitcoin is hedge against ‘horrible’ gov’t fiscal policy — Cathie WoodSolana struggles: Record 75% of users txs are failing... or are they?References:CNBC interview with Cathie WoodSo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.