Shares of stablecoin issuer Circle surged by an impressive 35% today. This massive hike is driven by the explosive growth of its flagship token, USDC. The Circle stock demonstrates strong market resilience after the entire cryptocurrency market crashed, with the shares reaching their highest point since the company went public in the previous year. USDC
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ETHZilla is stepping away from its Ethereum treasury strategy, now focusing on RWA tokenization. Earlier today, the company announced its shift in approach, rebranding itself as Forum Markets. This move signals a clear break from the company’s earlier identity as an Ethereum treasury company. The company now operates its business by developing operations that use
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Tether announced today it has invested in Whop.com to expand stablecoin payments across its global marketplace. The move connects Tether’s wallet infrastructure with more than 18.4 million users worldwide. The deal aims to speed up dollar settlements using USDT and USAT, particularly in regions facing payment friction. Tether Investment Brings Wallet Infrastructure to Whop In
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The CRCL stock surged by double digits in premarket trading following USDC issuer Circle’s release of its Q4 earnings. The firm beat estimates for its earnings per share (EPS) and revenue, providing a positive outlook for the leading stablecoin issuer. The stock has extended its surge following the market open and is up 30% on
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Hong Kong is planning to launch a new digital asset platform this year to support the issuance and settlement of tokenized bonds. They also announced that they would be issuing licenses for stablecoins to companies in a couple of months. Hong Kong Unveils Digital Asset Platform for Tokenized Bonds Financial Secretary Paul Chan announced that
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A fresh wave of scrutiny has hit Binance following a recent Fortune report that alleged the crypto exchange processed about $1.7 billion in sanctioned transactions. US Senator Richard Blumenthal has launched a formal investigation into the platform, analyzing its ties to sanctioned Iranian entities and Russia’s “shadow fleet.” US Senate Probe Targets Binance US Senator
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Bitcoin witnessed a brief surge ahead of US President Donald Trump’s State of the Union speech. While the surprising hike has sparked optimism, not everyone is convinced the rally will last. Longtime Bitcoin critic Peter Schiff has raised concerns about the move, suggesting that the BTC price surge may be driven more by speculation around
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