Circle approaches $50B valuation amid evolving regulatory landscape in the US
Circle, issuer of USDC stablecoin, nears $50B valuation as its stock surges 540%. Regulatory clarity from the GENIUS Act may further boost its business model and investor confidence.
Bitcoin ‘weak hands’ sell 15K BTC at a loss: Are BTC lows under $100K next?
Short-term Bitcoin holders sold 15,000 BTC at a loss this week, with onchain data suggesting a potential price bottom between $97,000 and $94,000. Market uncertainty and weak-hand selling pressure may lead to further dips before stabilization.
AI Infrastructure Firm Gradient Bags $10 Million to Develop Protocols on Solana – Decrypt
Gradient raised $10M to develop Lattica and Parallax, protocols enabling AI models to run on decentralized devices via Solana, aiming to reduce costs and data privacy concerns.
‘Pump-and-Dump’ Alert: Nigeria Cracks Down on Meme Coins – Africa Bitcoin News
Nigeria’s SEC warns against unauthorized meme coins Zugacoin and Samzuga GPT, citing potential pump-and-dump schemes in the crypto market.
Bitcoin Faces Tight Daily Squeeze – Volatility Incoming Amid Geopolitical Risks | Bitcoinist.com
Bitcoin remains resilient above $103,600 despite geopolitical tensions. Analysts anticipate a volatile breakout as BTC consolidates in a tight range, with institutional adoption and on-chain metrics supporting long-term strength.
Elon Musk’s X accelerates fintech pivot with plans for in-app payments and trading
X (formerly Twitter) is expanding into financial services, planning in-app payments, trading, and a branded debit/credit card. The move aligns with Elon Musk’s vision of an ‘everything app’, though crypto integration remains uncertain.
Kraken Debuts Bitcoin Staking Through BABY Tokens – Decrypt
Kraken introduces Bitcoin staking via Babylon’s protocol, allowing users to earn BABY token rewards by locking BTC to support PoS networks, available in select countries.
Trump Family Cuts Stake in WLFI During Stablecoin Push
Trump’s company reduced its stake in World Liberty Financial from 60% to 40%, continuing a trend of undisclosed divestments. The crypto venture, which launched in 2024, has seen $550M in token sales and recently announced a stablecoin backed by UAE investment.
Dogwifhat Price Prediction Signals Bullish Breakout From Descending Triangle Pattern – Brave New Coin
Dogwifhat (WIF) shows signs of a bullish breakout from a descending triangle pattern, with analysts targeting $1.35. Market data and technical indicators suggest growing momentum.
Analytics Firm Glassnode Issues Bitcoin Alert, Says Retail Participation Softening and Demand Slowing – The Daily Hodl
Glassnode reports Bitcoin is in a cooling phase with softening retail demand and bearish indicators, despite strong ETF inflows. Over 97% of BTC supply is profitable, risking sell-offs if demand stays low.
