
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
CoinDesk
The latest crypto headlines, updated continuously. · Page 118

The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
CoinDesk

Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report.
CoinDesk

The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.
CoinDesk

The Bitcoin miner’s Georgia agreement with an undisclosed investment-grade technology company expands its footprint in AI and high-performance computing infrastructure.
Cointelegraph

Institutions can now stake Tron's native token directly from Anchorage's custody platform as the company expands support for one of the largest USDT settlement networks.
Cointelegraph

Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.
CoinDesk

BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance.
Cointelegraph

The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.
CoinDesk

Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.
CoinDesk

OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market platform.
Cointelegraph

MicroStrategy blew up during the dot-com era, before Michael Saylor transformed it into the world's largest corporate Bitcoin holder. Did he learn his lesson?
Cointelegraph

Humanity Protocol’s founder said they will refocus on operational security, as malicious actors are switching from smart contract vulnerabilities to exploiting human behavior.
Cointelegraph

Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway.
CoinDesk

This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
CoinDesk

The pilot will test a beta version of the digital euro for online, offline, in-store, and e-commerce payments with ECB and central bank staff as users.
CoinDesk

JCB and Circle will explore using USDC for cross-border payments and merchant transactions as Japan ramps up efforts to bring stablecoins into everyday commerce.
CoinDesk

ABA and state banking associations published a joint letter calling for more detail on the CLARITY Act’s stablecoin yield provisions, ahead of the bill’s House hearing on July 17.
Cointelegraph

Superteam UK lead Stephen “Cap” Newnham is taking on Nigel Farage in the Clacton by-election with pledges on pension reform and onchain transparency.
Cointelegraph