The fast-growing market for tokenized U.S. Treasuries has a new leader. Circle (CRCL), best known as the issuer of the $USDC ($USDC) stablecoin, has become the largest provider of tokenized Treasury exposure after its USYC token expanded to about $2.2 billion in supply, according to RWA.xyz data. That growth pushed USYC past BlackRock’s USD Institutional
US equities keep climbing, but JPMorgan data show retail equity buying down about 30%, shifting crypto’s driver mix toward macro funds just as Iran, oil and inflation risks linger. Summary Nasdaq 100 and Russell 2000 are up over 1%, with the Dow also higher, reinforcing a risk‑on equity regime that historically supports $BTC and large‑cap
SwissBorg, a digital asset investment platform with over $1 billion in assets under management, has obtained approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation from the French Autorité des Marchés Financiers (AMF), the firm announced Friday. The authorisation permits the platform to offer multiple crypto-asset services, including custody, administration, order execution, transfers, portfolio
Here’s a fun paradox: the US economy just delivered a one-two punch of stubborn inflation and weakening growth, and Bitcoin’s response was… a 3% rally. Either crypto has developed an immunity to macroeconomic gravity, or the market is pricing in something the headlines haven’t caught up to yet. The Fed’s preferred inflation gauge — the
Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development plans for a tech-friendly libertarian community on the Caribbean island. Jannsens’ Destiny, a project aiming to buy and restructure about 2,400 acres of land on the Caribbean island, said it will begin paying residents $100
Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should be treated under US law. Yield-bearing stablecoins have outpaced the growth of the broader stablecoin market 15-fold over the past six months, according to a Messari research report published on Thursday. The increase
Circle’s (CRCL) $USDC has overtaken Tether’s $USDT in transaction volumes for the first time since 2019, prompting Japanese investment bank Mizuho to raise its price target for the stablecoin issuer to $120 from $100, while reiterating its neutral rating on the stock. The shares rose 1% in early trading to $115.40 and are up roughly
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2077.68, up 3.7% (+74.61) since 4 p.m. ET on Thursday. All 20 assets are trading higher. Leaders: SUI (+6.7%) and ADA (+5.8%). Laggards: ICP (+0.2%) and NEAR (+0.7%). The
The leading cryptocurrency, Bitcoin ($BTC), is struggling around $71,000 amid the uncertainty and tension created by the US-Iran conflict. The war between the two countries has driven up oil prices, indirectly increasing inflation concerns. Analysts worry that inflation, which the US Federal Reserve (FED) has long been trying to bring down to its 2 percent