Morgan Stanley cut Circle's price target to $38, citing weaker USDC outlook and rising competition. The stock fell about 6% on the news and is down roughly 30% year‑to‑date.
Bernstein warns that if the Clarity Act fails to pass this year, crypto markets could face another selloff, though increased regulatory rulemaking may provide a temporary buffer.
Bernstein warns that if the Clarity Act fails to pass this year, crypto markets could face another selloff, though increased regulatory rulemaking may provide a temporary buffer.
Morgan Stanley cut Circle's price target to $38, citing weaker USDC outlook and rising competition. The stock fell about 6% on the news and is down roughly 30% year‑to‑date.
U.S.-Japan foreign exchange intervention pushed the yen higher and revived worries about a bitcoin carry‑trade unwind, but data shows bitcoin’s moves align more with broad dollar strength than yen moves.
Morgan Stanley cut Circle's price target to $38, citing weaker USDC outlook and rising competition. The stock fell about 6% on the news and is down roughly 30% year‑to‑date.
A vulnerability in 2021 Coldcard firmware has enabled attackers to steal nearly $89 million in bitcoin across thousands of addresses using predictable keys.
Morgan Stanley cut Circle's price target to $38, citing weaker USDC outlook and rising competition. The stock fell about 6% on the news and is down roughly 30% year‑to‑date.
A massive 288% jump in tokenized stock trading volume was driven almost exclusively by Binance's QQQB token. Without this single asset, the market would have seen a significant decline in volume compared to June.
U.S.-Japan foreign exchange intervention pushed the yen higher and revived worries about a bitcoin carry‑trade unwind, but data shows bitcoin’s moves align more with broad dollar strength than yen moves.
The SEC has suspended Nasdaq's approval for QBTC bitcoin index options to reconsider its jurisdiction following a legal challenge from CME Group regarding commodity regulation.
Matt Prusak, president of American Bitcoin, is joining Giga Energy as chief business officer, reflecting a trend of executives moving from crypto mining to AI and energy infrastructure.
Bernstein warns that if the Clarity Act fails to pass this year, crypto markets could face another selloff, though increased regulatory rulemaking may provide a temporary buffer.