Market Wrap: Bitcoin Rises After Volatile Week

Analysts see the possibility of further selling pressure despite short-term relief.

Markets  ·  9 July 2021

What Investors Need to Know About Circle’s Listing

Ahead of the crypto firm's public market debut via SPAC, here are the key considerations for potential investors, according to our columnist.

Opinion  ·  9 July 2021

USDC Assets to Be Disclosed in SEC Filings, Circle CEO Says

“Our intention is to include greater reserves transparency” as the stablecoin operator goes public via a SPAC deal, Jeremy Allaire told CoinDesk TV Friday.

News  ·  9 July 2021

Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.

Markets  ·  8 July 2021

USDC Is Only Circle’s Second-Biggest Business, SPAC Filing Shows

“Transaction and treasury services,” with clients including Dapper Labs, Compound Labs and FTX, is the soon-to-be-public company’s top revenue source.

Business  ·  8 July 2021

Circle CEO Says USDC to Take High Road, But It’s a Long Road

Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC.

Markets  ·  8 July 2021

Circle Says It Lost $2M to Email Fraudsters in June

The USDC issuer said in an SEC filing that customer funds were not impacted by the incident.

Business  ·  8 July 2021

Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves

Ether is attempting to break above the 50-day moving average for the first time since March.

Markets  ·  7 July 2021
Yield Farming

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk

Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

Markets  ·  7 July 2021

Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks

The cryptocurrency is expected to hold support above $30,000.

Markets  ·  2 July 2021

USDC on Tron Blockchain Surpasses $100M 2 Days After Public Unveiling

The growth could be the result of traders looking for faster and cheaper transactions compared with Ethereum.

Business  ·  2 July 2021

Coinbase Debuts Savings Product With 4% APY on USDC Deposits

The crypto exchange is touting far higher yields than what traditional savings accounts can offer.

Business  ·  29 June 2021
USDC Joins With Circle to Enable USD Deposits for USDC

Users will be able to wire transfer their funds to Circle and receive USDC at a 1:1 conversion rate.

News  ·  28 June 2021
Funding Rounds

USDC Builder Circle Raises $440M

Announced Friday, Circle has raised $440 million from a roster of major backers.

Business  ·  28 May 2021

A Central Bank Digital Currency Would Be Bad for the US

Calls to "catch" China on digital currency downplay the promise of open financial technology, says Circle's head of global policy.

Policy & regulation  ·  17 May 2021