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Bernstein kept its $190 price target for the Circle stock while Bitwise predicted the company’s worth will grow 200% to $75 billion by 2030. Circle Internet Group’s CRCL stock is showing signs of a potential 25% rebound after the market may have reacted too aggressively to fears surrounding draft CLARITY Act language tied to stablecoin...
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X hires former Aave chief product officer and Base design lead Benji Taylor as head of design, as the company prepares to roll out its X Money payments product. Elon Musk’s X has hired crypto-native product designer Benji Taylor as its new head of design, ahead of a wider rollout of the platform’s X Money...
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Tazapay said Circle led a Series B extension that brought total funding to $36 million as the company expands cross-border payment rails. Cross-border payment infrastructure provider Tazapay said it closed an extension to its Series B funding round led by Circle Ventures, bringing the total raised to $36 million. The round included participation from Coinbase...
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Bitcoin was down 44% from its $126,000 all-time highs as key onchain and technical indicators suggested BTC is entering the late phase of the bear market. Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price slipped below the $70,000 mark. Analysts said that Bitcoin showed signs of a bear market in its...
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A California judge has certified an investor class in the Nvidia securities suit over alleged misstatements on crypto mining GPU sales, advancing the case toward a potential trial. A California federal judge has certified an investor class in a securities lawsuit accusing Nvidia and CEO Jensen Huang of misleading shareholders about how much of the...
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CoinShares says up to 20% of Bitcoin miners may be unprofitable at current hashprice levels, particularly those running older machines or paying higher power costs. Bitcoin mining economics are tightening to levels that are pushing a portion of the global fleet below profitability, according to a report from asset manager CoinShares.  In its Bitcoin mining...
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US recession fears multiplied this week as BlackRock’s Larry Fink warned of a “global” downturn over oil prices, with Bitcoin still tied to stocks. Bitcoin (BTC) faces a new macro test as markets increasingly bet on the US entering recession in 2026. Key points: Bitcoin could face a new challenge in the form of its...
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Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Bo Shen, the co-founder of venture capital firm Fenbushi Capital, offered a bounty to recover about $42 million in digital assets stolen from his personal wallet in a 2022 hack.  Shen said...
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The government plans to implement the ban by amending the Representation of the People Bill, with changes taking “retrospective effect” from March 25. The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians. Cointelegraph reported on Wednesday that the Rycroft...
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Coinbase is reportedly still pushing back against stablecoin yield provisions in the Senate’s crypto market structure bill, which has derailed past efforts to advance the legislation. Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate...
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