Wall Street Turns on Circle as Open USD Squeezes USDC's Business Model
Mizuho downgraded Circle to underperform and cut its price target while JPMorgan slashed estimates for both Circle and Coinbase, citing pressure on USDC economics from Open USD.…
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Mizuho downgraded Circle to underperform and cut its price target while JPMorgan slashed estimates for both Circle and Coinbase, citing pressure on USDC economics from Open USD.…
Chinese AI startup DeepSeek is preparing for a potential IPO this year while simultaneously exploring another funding round, weeks after closing its first external raise.…
Bitcoin ETF outflows reached $430 million in a single session, with BlackRock's IBIT accounting for $186 million as trading volumes collapsed to cycle lows.…
Crude oil surges past $85 as US strategic reserves thin out, with TD Securities flagging a potential run toward $100 per barrel.…
The US Treasury has frozen $131M in Iran-linked crypto assets, with Secretary Scott Bessent citing Iran's abuse of digital assets for illicit finance.…
Bitmine pulled in $46M from Ethereum staking last quarter — 98% of total revenue — just months after launching validators in March, signaling a dramatic strategic shift.…
Two proposed Bitcoin opcodes — OP_CHECKSIGFROMSTACK and OP_CAT — could enable programmable spending conditions without overhauling Bitcoin's consensus layer.…
MicroStrategy once symbolized dot-com excess and collapse. Now reborn as Strategy, it holds more Bitcoin than any corporation on Earth — but the echoes are loud.…
Bitcoin surged past $64,000 after June inflation printed cooler than forecast, lifting rate-cut expectations — but sticky core inflation and oil prices complicate the picture.…
BTC surged back to $64,000 after the US CPI hit its lowest reading since 2020, but traders remain cautious about a potential rejection at the key resistance level.…
A proposed Bitcoin softfork targeting so-called junk data is already fracturing the community, exposing a deep disagreement about Bitcoin's most fundamental properties.…
The CFTC blocked Kalshi from canceling Michigan prediction market trades despite a court order, asserting federal supremacy over state-level interference.…