Circle, a leading US issuer of stablecoins, posted strong revenue growth but lost money due to IPO costs. The stablecoin company’s stock still rose on investor optimism about future plans. Circle (CRCL) reported a 53% jump in revenue compared to last year. The leading stablecoin issuer saw strong growth in its core business. Its flagship…
Aave is becoming the focal point of the decentralized finance (DeFi) market as it continues to set new records and expand its position compared to traditional financial institutions. In contrast to this positive news, short-term signals are indicating that AAVE’s price may be heading for a correction. Taking The Spotlight Away From Traditional Banks According…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Kazakhstan debuts Central Asia’s first Bitcoin ETF while Vietnam partners with Korea’s Upbit for crypto exchange development. Meanwhile, Japan’s Quantum Solutions expands Bitcoin treasury holdings, signaling growing institutional…
Pantera Capital disclosed for the first time that it has so far invested $300 million in digital asset treasury companies (DATs), according to its Blockchain Letter published August 12. Pantera: DATs Deliver Higher Yields Than Spot Holdings Pantera’s DAT portfolio includes investments in BitMine Immersion, Twenty One Capital, DeFi Development Corp, SharpLink Gaming, Satsuma Technology,…
Bitcoin Cash has defied the broader crypto market downturn of the past 24 hours to record a modest 3% gain. The move marks a continuation of BCH’s recent rally, which began on August 3. Trading at $590.30 at press time, the altcoin’s price has since soared 14% and is poised to keep increasing. BCH Defies…
Ethereum reached $4,600 this week, its highest price since December 2021. Traders are now hoping for an all-time high as retail and institutional inflows accelerate, but many variables remain uncertain. Jamie Elkaleh, Chief Marketing Officer at Bitget Wallet, described these market trends and other points of interest in an exclusive interview with BeInCrypto. Ethereum: 2025’s…
Cathie Wood’s Ark Invest has increased its exposure to Block Inc., purchasing $19.2 million worth of shares across three of its exchange-traded funds as the fintech firm expands its Bitcoin holdings. According to Ark’s latest trading disclosure, the ARK Innovation ETF (ARKK) acquired 152,980 shares, the ARK Next Generation Internet ETF (ARKW) bought 69,526 shares,…
XRP has recently experienced fluctuations in its price, with a slight decline over the last few days. However, the cryptocurrency remains positioned near significant resistance levels, with whales actively accumulating XRP despite signs of a potential market top. The prospect of a rise to the all-time high (ATH) remains strong, although the market’s current conditions…
Stellar (XLM) has seen a recent surge in its price, driven by the broader market’s bullish sentiment. This uptick has sparked a positive momentum, which is currently visible in technical indicators. XLM’s price is showing signs of further strengthening, and investors are looking to see if the altcoin will continue its upward trend. Stellar Has…
Today kicked off with Aptos unlocking 11.31 million APT coins worth approximately $51 million, increasing its circulating supply. With the surge in supply, combined with the dip in the broader market, and the growing desire among traders to make a profit, APT faces increased selling pressure that could worsen its price fall. Aptos Price Weakens…