Stellar faced selling pressure during Tuesday’s session with XLM sliding from $0.2846 to $0.2812 as institutional distribution emerged at elevated levels. The token carved out a $0.0189 range, representing 6.7% volatility that signaled heightened trader uncertainty around current price levels. The breakdown accelerated at 14:00… Read More
Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares across three of its exchange-traded funds (ETFs): Innovation (ARKK), Next Generation… Read More
According to CoinDesk Research’s technical analysis data model, bitcoin BTC$102,458.40 retreated in measured fashion during Tuesday’s trading session, sliding from $103,177 to $102,203 while carving out clear bearish structure after probing session highs above $105,300. The world’s most valuable cryptocurrency moved within a hefty $3,289… Read More
Miami Beach — When Shayne Coplan launched Polymarket, he didn’t have a team or major funding. What he had was a blockchain, a strong conviction and a laptop. “I’m a solo founder. I literally started with next to no money,” Coplan said during a conversation… Read More
Investment bank William Blair reiterated its outperform rating on Circle (CRCL) shares after the stablecoin issuer’s third-quarter results topped both the bank’s and Wall Street estimates. The share were 3.9% lower in pre-market trading Wednesday, around $94.50. Analyst Andrew Jeffrey continues to see USDC as… Read More
Nasdaq-listed crypto exchange Coinbase has ended acquisition talks with U.K.-based stablecoin startup BVNK, halting what could have been one of the largest deals in the history of digital payments, according to Fortune. People familiar with the matter told Fortune that Coinbase had been leading the… Read More
