In a notable move within the digital asset ecosystem, Circle and Tether have collectively issued $3 billion in new stablecoins over the past two days, according to data from blockchain tracking platform Lookonchain. The issuance, which includes both $USDC and $USDT, signals a potential uptick in demand for stable digital assets and could foreshadow increased
Circle says Arc is on track for a Sept. 16 public mainnet launch that would open its production blockchain to users and applications while keeping block production within a permissioned validator set. In a separate post on X, Circle reported more than half a billion testnet transactions, nearly 3 million wallets and more than 100
Bitcoin continued its rise on Friday, having its best week since 2023 as over $1 billion in shortsellers’ positions got ruined and exchange-traded funds received billions in new cash. The leading cryptocurrency on Friday was recently trading 23% higher over a seven-day period after flying past $77,542. It earlier in the day reached as high
Flowra launches its Open Orderflow Auction to introduce competitive bidding for Solana transaction inclusion. The new Programmable Block Policy gives validators more control over transaction inclusion and compliance requirements. Solana’s ecosystem is undergoing a major infrastructure shakeup. Flowra, a blockchain infrastructure company has launched a new block-building system for Solana called the Open Orderflow Auction
The session offered some breathing room after a bruising stretch in which rising long-term Treasury yields repeatedly hammered stocks lower. The Nasdaq Composite climbed 104.12 points, the NYSE Composite gained 194.68 points, the Dow Jones Industrial Average ripped 517.84 points higher, and the S&P 500 tacked on 32.83 points during Friday’s trading session. Even with
Bitcoin price extended its sharp recovery on Aug. 21, rising above $76,000 for the first time since late May as institutional inflows and improving U.S. liquidity conditions supported the breakout. $BTC traded near $76,291, gaining almost 9% over 24 hours and approximately 19% during the previous seven days, according to crypto.news price data. The rally
Australia’s banking sector just took a notable step into digital assets. ANZ has launched one of the first bank-issued stablecoins in the country, a move that signals traditional finance is no longer just watching tokenized assets from the sidelines. The initiative ties directly into the Reserve Bank of Australia’s Project Acacia, a pilot program designed
Second National Crypto Survey Finds More Brazilians Have Invested in Crypto Than in the Stock Market The second Brazilian National Crypto Survey offered insight into the state of cryptocurrency in Brazil, spearheaded by the popularity of stablecoins as dollar proxies for cross-border transactions and payments. The survey, which was conducted by Paradigma, a Brazilian research
Anthropic is reportedly accelerating plans for a major U.S. IPO that could challenge SpaceX’s record for the largest new share offering. The Claude developer could file as early as late August, with a potential market debut in October and a targeted $2 trillion valuation. The offering could also become a major test for investor appetite
Bitcoin’s recent move above $73,000 is being driven by more than just a short squeeze, according to blockchain analytics firm Nansen. While short covering has accelerated the advance, spot and exchange-traded fund (ETF) demand are providing the underlying support, said Nicolai Sondergaard, a research analyst at Nansen. Understanding the Rally: Short Squeeze vs. Spot Demand