Circle stock sinks 10% amid analyst downgrade, Drift Protocol probe
The stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and market risk.
The stablecoin issuer faces pressure after a stock downgrade and Drift Protocol exploit fallout, raising concerns over USDC exposure, crypto regulation and market risk.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Ripple and Bitso Expand Stablecoin Settlement on XRP Ledger
Ripple and Bitso are expanding stablecoin settlement on the XRP Ledger, bringing MXNB and RLUSD into Ripple’s enterprise payments...
Coinbase, MassPay Link 180-Country Network to Enterprise USDC Payouts
Coinbase and MassPay are connecting USDC settlement to a payout network spanning 180 countries, giving enterprises a simpler path...
Tom Shaughnessy: Investment focus is shifting from crypto to AI, retail investors prefer AGI stocks over Bitcoin, and upcoming AI IPOs may face financial disclosure challenges | Unchained
Shifting investment focus from crypto to AI reveals changing market dynamics and potential growth challenges. The post Tom Shaughn...
Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount
Bitcoin Magazine Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount I’ve been vocal about accumulating Bitcoin aggressive...