StablecoinsCircle Lost $4.6B on CLARITY Act
Circle stock plunged 20% after CLARITY Act draft banned stablecoin yield. Cathie Wood bought $16M worth of shares on the dip.
Exchange — News - Page 40
Stablecoins
TechnologyX Money Hires Aave Crypto Veteran - Payments in April
X hired ex-Aave Labs CPO Benji Taylor as design lead. X Money launches publicly in April with 6% APY and Visa card. Crypto integration is next.
StablecoinsSouth Korea Stablecoin Balances Plunge 55%
Stablecoin balances on Korean exchanges fell from $575M to $188M. Traders convert USDT to won to buy Samsung and SK Hynix stocks.
MarketsBrent Hits $112 - $1B in Leveraged Positions Wiped Out
Brent crude hit $112 per barrel triggering a massive sell-off. Bitcoin fell to $68,241, over $1B in leveraged positions liquidated in 24 hours.
RegulationCFTC clears Bitcoin and Ethereum as derivatives collateral
CFTC published rules for FCMs and clearinghouses to accept BTC, ETH and stablecoins as margin collateral in futures and cleared swaps.
MiningBitcoin Miners Losing $19,000 Per BTC as Difficulty Drops 7.8%
BTC production cost reached $88,000 while price sits at $69,200. Network difficulty dropped 7.76% as miners pivot to AI computing.
InstitutionalLedger Appoints Circle CFO and Eyes $4B IPO
Hardware wallet maker Ledger hired former Circle executive John Andrews as CFO and opened a New York office as it prepares for a potential $4B+ IPO.
InstitutionalGrayscale Files HYPE ETF Application on Nasdaq
Grayscale Investments filed an S-1 to launch an ETF tracking Hyperliquid's HYPE token. The fund would trade on Nasdaq under the ticker GHYP.
UkraineUkraine Banks Tighten P2P Crypto Monitoring
Ukrainian banks are increasingly blocking accounts over P2P crypto trades. Learn the thresholds, triggers, and how to protect your funds.