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The latest crypto headlines, updated continuously. · Page 118

Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
crypto2 months ago

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

Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
crypto2 months ago

Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto

Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report.

CoinDesk

U.S., UK move to align rules for tokenized finance across world's largest financial markets
crypto2 months ago

U.S., UK move to align rules for tokenized finance across world's largest financial markets

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

CoinDesk

CleanSpark shares jump 22% after $6.6B Georgia data center lease
crypto2 months ago

CleanSpark shares jump 22% after $6.6B Georgia data center lease

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

Cointelegraph

Anchorage Digital expands Tron support with institutional TRX staking
crypto2 months ago

Anchorage Digital expands Tron support with institutional TRX staking

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

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
crypto2 months ago

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics

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

CoinDesk

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
crypto2 months ago

Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure

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

Cointelegraph

Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
crypto2 months ago

Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology

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

CoinDesk

For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
crypto2 months ago

For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says

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 quietly adds Kalshi World Cup odds to ChatGPT: Report
crypto2 months ago

OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report

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

Strategy became a symbol of the dot-com crash: Could history repeat?
crypto2 months ago

Strategy became a symbol of the dot-com crash: Could history repeat?

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 to prioritize operational security following $36M hack
crypto2 months ago

Humanity Protocol to prioritize operational security following $36M hack

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

Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation
crypto2 months ago

Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation

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

CoinDesk

U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
crypto2 months ago

U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes

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

CoinDesk

ECB picks firms including Deutsche Bank, Revolut for digital euro pilot
crypto2 months ago

ECB picks firms including Deutsche Bank, Revolut for digital euro pilot

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

Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants
crypto2 months ago

Japan’s biggest card network taps Circle to bring stablecoins to 40 million merchants

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, state banking groups push back on CLARITY Act stablecoin yield provisions
crypto2 months ago

ABA, state banking groups push back on CLARITY Act stablecoin yield provisions

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

Solana community lead enters UK by-election with onchain transparency pitch
crypto2 months ago

Solana community lead enters UK by-election with onchain transparency pitch

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