Circle
Morgan Stanley launches cheapest Bitcoin ETF
Morgan Stanley's spot Bitcoin ETF begins trading today under the ticker MSBT, making it the first proprietary Bitcoin fund from a major U.S. bank. With 16,000 financial advisors and $6.2 trillion in client assets behind it, the launch could open a new phase for institutional Bitcoin adoption. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Circle future-proofs Arc blockchain against quantum computing threats
Circle’s Arc blockchain said users will be able to create wallets that withstand future quantum computer attacks from day one.
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.
Stablecoin rewards restrictions can slow but not stop Circle's USDC, says Citigroup
USDC adoption hinges on volume, not circulation, the bank said
Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts
The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power toward Circle and away from Coinbase.
Circle stock tumbles 20% on newest Clarity Act draft
Circle shares fell 20% and Coinbase dropped about 10% after a draft of the U.S. Clarity Act raised the prospect of strict limits on stablecoin yield. The sell-off also comes as rival Tether moved to bolster confidence by hiring a Big Four accounting firm for a full audit. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.
Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards
The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards.
Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.
Circle is up 100% in a month: Why this stablecoin stock is suddenly the hottest trade in crypto
The stablecoin issuer has rallied as analysts point to growing demand for USDC, a higher interest-rate environment and the rapid expansion of tokenized assets.
