Bermuda, the small island nation with huge crypto ambitions
The government recently announced it would become the world’s first economy to go fully onchain, a move officials believe will bring its people new opportunities.
Circle
Crypto rails are becoming the default payment layer for AI agents, report says
A new report from Keyrock says stablecoins on blockchain rails are becoming the go-to payment layer for AI agents as traditional card rails struggle to handle micropayments.
Even a mountain of T-bills won’t save Tether and Circle from a sudden liquidity crisis, expert says
The head of digital assets and tokenization at one of Germany’s largest asset managers said that USDT and USDC are not stablecoins, from his perspective.
Privacy emerges as crypto’s next ‘killer app,’ with Arc, Canton and Tempo topping $1 billion in funding
New fundraising rounds for three institution-focused blockchains show how regulation, privacy and corporate competition are reshaping crypto infrastructure, according to Bitwise CIO Matt Hougan.
The crypto honeymoon is over for now as analysts warn of a major first-quarter profit squeeze
Several major investment firms have preemptively downgraded Coinbase and other platforms as a sharp drop in trading activity and falling token prices threaten to derail upcoming first-quarter earnings results.
Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC
Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks.
Crypto’s CLARITY Act could be a headwind for DeFi tokens ring-fencing yield, analyst says
The proposed restriction on yield would shift value toward regulated players and away from decentralized finance’ tokens, 10x Research’s Markus Thielen said.
Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion
Circle’s USYC tokenized U.S. Treasury fund has grown to $2.2 billion, surpassing BlackRock’s BUIDL fund as investors increasingly seek onchain yield and collateral.
Circle’s USDC volumes top Tether’s USDT for first time since 2019, prompting sell-side price target hike
Japanese investment bank Mizuho remains neutral on Circle, but lifted it price target to $120 from $100.
Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100
WTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets.