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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Stategy co-founder Michael Saylor signals another Bitcoin purchase, Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles,…
Circle’s Dante Disparte says the GENIUS Act ensures tech giants and banks can’t dominate the stablecoin market without facing strict structural and regulatory hurdles. The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte. “The GENIUS Act…
Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299. Cathie Wood’s investment company ARK Invest has continued dumping Circle shares after selling 1.25 million CRCL shares last week for about $243 million. ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday,…
Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The…
The CEO of Circle, which recently debuted on the New York Stock Exchange, predicts it won’t be long before stablecoins reach the level of developer attraction that the iPhone achieved. While stablecoins have yet to attract developers at the same scale as Apple’s iPhone, stablecoin issuer Circle CEO Jeremy Allaire suggests that breakthrough moment isn’t…
MEXC’s Tracy Jin says regulatory clarity and market maturity are powering a new era of crypto IPOs, with Circle and Gemini leading the charge. The once-scrappy world of digital assets has grown into a sector defined by structured governance, audited financials, and scalable revenue models. Exchanges that began as weekend experiments now resemble traditional financial…
Shopify is rolling out USDC payments via Coinbase’s Base network, offering cashback perks and expanding crypto checkout options through Shopify Payments. Global e-commerce giant Shopify is rolling out early access to stablecoin payments in Circle’s USDC in collaboration with major US exchange Coinbase. Shopify plans to fully roll out USDC (USDC) payments on Coinbase’s Ethereum…
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid…
Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an…