Circle Internet Group (NYSE: CRCL) surged from its 52-week low of $49.90 on Feb. 5 to roughly $129 by mid-March, gaining approximately 160% while broader crypto markets continued to fall. The rally followed five simultaneous catalysts that prompted Wall Street to stop treating CRCL as a crypto proxy and start modeling it as payments infrastructure.
The U.S. Department of Justice unsealed an indictment charging Super Micro Computer (SMCI) co-founder Yih-Shyan “Wally” Liaw and two associates with smuggling $2.5 billion in Nvidia (NVDA) AI servers to China. SMCI shares plunged 28% while Nvidia fell 4.8% as the highest-profile U.S. AI chip export enforcement case rattled markets. How the Alleged Scheme Worked
The World Trade Center in São Paulo hosted today (18) the first day of MERGE São Paulo 2026 open to the public, an event that brought together leaders from the financial and crypto-asset sectors to discuss the future of digital assets. The dominant theme of the day was unequivocal: stablecoins have ceased to be a
When Vanity Fair published “Crypto’s True Believers Demand to Be Taken Seriously” on Mar. 17, the backlash arrived within hours. Hayden Adams said he had passed on the shoot after being asked to pose in a bathrobe in a sauna. Camila Russo called the framing “so off.” Nic Carter compared the group photograph to the
UBS, the Swiss multinational investment bank and one of the world’s largest wealth managers, has obtained final approval from the Office of the Comptroller of the Currency (OCC) to convert UBS Bank USA into a nationally chartered bank, the company announced in a LinkedIn post. With the national charter, UBS aims to bolster its US
Ledger has appointed a new chief financial officer and opened a New York office as the crypto security firm expands its U.S. presence ahead of a planned public listing. The company said John Andrews, a former Circle (CRCL) executive, will take on the CFO role. Andrews spent more than two decades in finance and most
Web3 has always been cyclical, yet it has never stopped building. Markets rally and retrace, narratives rotate and evolve, but founders continue to ship products and search for their moment to be seen. In an ecosystem where launching a protocol or token can happen quickly, standing out is harder than ever. That is where CoinDesk
The SEC’s fresh approval of Nasdaq’s tokenized securities framework marks a key turning point for how stocks could trade in the future: it brings blockchain into the core of U.S. equity markets, but on Wall Street’s terms. The regulatory green light allows Nasdaq to test a system where certain stocks and ETFs can be issued
Kalshi Inc. raised more than $1 billion in a funding round led by Coatue Management, Bloomberg reported Thursday, citing people familiar with the matter. The round valued the prediction market platform at $22 billion, Bloomberg said, double the valuation of the previous round in December, when it also raised $1 billion. That funding round was