Month: July 2025

Circle stock falls hard as Ark sells, Fed rate cuts loom

Circle’s stock price has pulled back in recent days as post-initial public offering momentum faded. Circle Internet is trading at $192, down over 35% from its June peak, cutting its valuation from $70 billion to $42 billion. Several factors have…...
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Judge Dismisses Tether’s Dismissal Bid In $4B Bitcoin Lawsuit With Celsius

USDT issuer Tether has been dealt a blow in its multibillion-dollar lawsuit with Celsius after a US bankruptcy judge ruled that the lawsuit can proceed. The judge denied Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the crypto lender’s collapse in 2022. Per court...
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JPMorgan’s Tests Carbon Credit Tokenization On The Blockchain

JPMorgan Chase & Co. (NYSE:JPM) is working on a blockchain-powered system to tokenize carbon credits as part of its efforts to improve tracking, transparency, and trading efficiency in the carbon markets. What Happened: The U.S. bank’s blockchain division, Kinexys, is collaborating with S&P Global Commodity Insights, EcoRegistry, and the...
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