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Asia’s Banks Look to Stablecoins (USDC, USDT) to Prevent Deposit Flight

Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours...

FHFA to Allow Crypto Holdings as Part of Applicant Assets

Bitcoin continued its gentle rise on Wednesday as Fannie Mae and Freddie Mac — which play a pivotal role in issuing mortgages...

Stock Price Drops 15% as BIS Warns of Stablecoin Risks

Stablecoin firm Circle’s (CRCL) meteoric stock frenzy is showing some signs of cooling.After hitting a record high of $299 on Monday, shares of...

Stock Hits Record High, Market Cap Nears USDC Stablecoin, Coinbase

Shares of stablecoin issuer Circle (CRCL) soared to a fresh record high on Monday extending their explosive rally since its IPO and making...

ARK Invest Dumps $146.3M More Circle Shares After Meteoric IPO Surge

ARK Invest unloaded another round of shares of Circle (CRCL) across its ETFs just two weeks after the stablecoin issuer's high-profile IPO.The biggest...

Stablecoin Issuer Circle (CRLC) Covered at Seaport Securities

Recently gone public stablecoin issuer Circle (CRCL) was started with a buy rating and $235 price target at Seaport Securities.The stablecoin market cap...

Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%

Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for...

Ark Invest Sells $44.7M in CRCL Shares as GENIUS Act Passes Senate

Cathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group on Tuesday across three of its ETFs, continuing...

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