Latest News
Kraken Prop Powers IPO Push
Kraken launched Kraken Prop on May 27, adding funded trading to boost user growth, derivatives volume, and its investor case ahead of a potential IPO.
Crypto News Summary June 3
Crypto news summary for June 3: Bitcoin targets, AI trading tools, ETF momentum, and pro-crypto Washington signals kept sentiment risk-on.
Crypto News Summary June 2
Crypto News Summary June 2: BNB's first U.S. spot ETF debuted on Nasdaq as traders weighed its impact after yesterday's USDC adoption boost.
Crypto News Summary June 1
Crypto News Summary June 1: Cash App's fee-free USDC transfers to 59M users drove the top adoption story, while XRP and WLFI remained secondary themes.
Crypto News Summary May 31
Crypto news for May 31: Cash App opens fee-free USDC transfers to 59 million users as stablecoin adoption grows and the XRP case nears final paperwork.
Cash App Opens USDC to 59 Million Users
Cash App rolls out fee-free, wallet-free USDC transfers to 59M users, spanning multiple chains and offering a one-tap path into Bitcoin.
Stablecoins Hit $322B as Real Use Grows
Stablecoins reached $322B, surpassing FX reserves of 95 nations as real-world use grows across trading, payments, settlement and tokenized finance.
Crypto News Summary May 23
May 23 crypto news recap: Meta's USDC creator payouts lifted sentiment before a meme coin frenzy and sanctions scrutiny reset the market mood.
Crypto News Summary May 22
Meta added USDC creator payouts on Solana and POL on Friday, giving crypto markets a late adoption headline after a risk-off, macro-driven sell-off.
Meta Adds USDC for Creator Payments
Meta now lets eligible creators get paid in USDC via Solana and Polygon, aiming for faster, lower-cost cross-border payouts than banks.
Crypto News Summary May 16
Crypto News Summary May 16: Fed rate hold and FOMC split weighed on Bitcoin, while stablecoin use advanced via Ripple USD and Meta's USDC payouts.
Meta Launches USDC Creator Payouts
Meta quietly rolls out USDC payouts for select creators in Colombia and the Philippines, using Solana and Polygon for cross-border payments.
Ethereum Whale Pulls 32,007 ETH From Binance
A crypto whale moved $225M in USDC across exchanges, bought 32,007 ETH on Binance, then withdrew it, signaling strong spot accumulation.
Circle Eyes Arc Token and PoS Shift
Circle is exploring a native Arc token and proof-of-stake, signaling a broader crypto network strategy beyond USDC payments and infrastructure.
Coinbase De Risked as USDC Growth Lifts Outlook
William Blair says Coinbase's selloff has de-risked the stock, while rising USDC revenue boosts a less cyclical outlook beyond trading volumes.
USDC Unlikely in Hormuz Crypto Toll Plan
Circle says USDC is unlikely to be used in any Hormuz crypto toll scheme, arguing sanctioned actors avoid tokens that can be quickly frozen.
Hyperliquid Whales Signal More HYPE Upside
A whale deposited $5M USDC on Hyperliquid and deployed $2.39M into HYPE, signaling accumulation and potential upside as larger players add exposure.
White House Says Stablecoin Yield Deposit Risk Is Small
White House says risks of bank deposit flight from yield-bearing stablecoins are small, strengthening crypto's case in the U.S. yield debate.
Circle Mints $1B USDC in 24 Hours
Circle minted $1B USDC in 24 hours, lifting Solana's supply to $10.25B and signaling rising institutional demand for onchain dollar liquidity.
Stablecoin Supply Hits $315B as USDC Gains
Stablecoin supply hit a record $315B in Q1, with USDC gaining market share as Tether lost ground, signaling shifting institutional flows.