Circle Moves To Establish National Trust Bank In US Following $18 Billion IPO
Circle (CRCL), issuer of the market’s second largest stablecoin, USDC, is applying to establish a national trust bank in the United States. This announcement follows Circle’s recent Initital Public Offering (IPO), which valued the company at nearly $18 billion. Circle Seeks OCC Approval If approved by the US Office...
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Bitcoin Headed for a Blow-Off Top or A Brutal Pullback In The Second Half Of 2025? Analyst Sees A ‘Clear Path’ To This Level
The first half of 2025 was nothing short of a roller coaster for Bitcoin (CRYPTO: BTC), marked by historic highs, sharp corrections, and exciting recoveries. What Happened: The apex cryptocurrency blasted to a new all-time high in January, driven by optimism over a crypto-supportive U.S. administration under President Donald...
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American Bitcoin, Backed by Eric and Donald Trump Jr, Pulls In $220M to Accumulate BTC
American Bitcoin Corp, a Miami-based mining company majority owned by Hut 8 (HUT) and backed by the Trump family, has raised $220 million from accredited investors, according to a filing with the U.S. Securities and Exchange Commission. The raise topped its target of $200 million, and it also accepted...
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Bitcoin Miner IREN Hits 50 EH/s Midyear Hashrate Target, Eyes AI Expansion
Australian bitcoin (BTC) miner IREN (IREN) said it reached its midyear hashrate target of 50 exahashes per second (EH/s) installed self-mining capacity. The growth from 31 EH/s at the end of last year is anchored by IREN’s 750MW site in Childress, Texas, the company formerly known as formerly Iris...
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Strategy’s Perpetual Preferred Stocks May Be Front Running S&P 500 Inclusion
Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR)Strategy’s (MSTR) perpetual preferred shares may be anticipating the bitcoin-accumulation company’s inclusion in the S&P 500 index after the largest cryptocurrency posted a record-high monthly close at a price some analysts calculate lifted quarterly earnings to a level...
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Bitcoin Profit Taking Accelerates as BTC Realized Gain Jumps to $2.4B
The profit-taking activity on the Bitcoin network intensified on Monday, keeping bitcoin’s (BTC) spot price under pressure on the final day of the second quarter. The total amount of realized profits on-chain rose to $2.4 billion, with its seven-day average climbing to $1.52 billion, the highest since the second...
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First-Ever Solana Staking-Enabled ETF Launches Tomorrow: New Crypto Snorter Token ($SNORT) Rally Imminent?
The first-ever staking-enabled Solana ETF in the U.S. is set to launch tomorrow, July 2nd, marking a major milestone for institutional adoption of Solana ($SOL). The announcement has already sparked market momentum, with $SOL surging over the past 24 hours to a high of $159.24, signaling growing investor confidence...
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Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards
Bitget Wallet partners with Mastercard and its licensed-issuer Immersve to launch new crypto cards that allow for fee-less payments directly from the digital wallet. According to a press release sent to crypto.news, the crypto card is available directly through the…...
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Circle’s ‘compliant’ USDC is the go-to for DPRK hackers: ZachXBT
On-chain investigator ZachXBT has raised concerns over USDC stablecoin issuer Circle’s compliance standards and its growing use among malicious actors. According to ZachXBT, North Korean IT workers have been using USDC (USDC) to move millions in illicit payments. The on-chain…...
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Arbitrum price tanks after highly anticipated Robinhood partnership
Robinhood’s partnership with Arbitrum failed to boost investor interest, instead triggering a sharp downturn in ARB’s price despite the initial hype. According to data from crypto.news, Arbitrum (ARB) fell over 13% over the past 24 hours, trading at $0.32 while…...
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