Mizuho has downgraded Circle Internet Group to Underperform from Neutral and cut its price target to $50 from $85, citing rising competitive pressure from OpenUSD and growing risk to the stablecoin issuer’s revenue model. The Japanese investment bank said OpenUSD’s pass-through structure could challenge Circle’s core economics by forcing more reserve income to be shared
Coinbase now writes or reviews nearly all of its code with artificial intelligence assistance, according to a senior executive, marking one of the most aggressive AI adoption claims yet from a major publicly listed crypto company. Rob Witoff, Coinbase’s head of platform, told Cointelegraph that “close to 100%” of the company’s code is now written
Stripe and Advent International have jointly offered to acquire PayPal Holdings for more than $53 billion, according to Reuters, in a proposed deal that would reshape the global payments industry and mark one of the largest fintech takeovers ever attempted. The bidders offered $60.50 per share for PayPal, representing a roughly 28% premium to the
Pump.fun has completed its first team and investor token unlock, transferring 57.279 billion PUMP tokens worth about $86.49 million to 121 wallets, according to onchain monitoring cited by market reports. The unlock marks the end of the one-year lock-up period for team and existing investor allocations and the beginning of a three-year release cycle. Onchain
Interactive Brokers has expanded its crypto offering with nine additional tokens and two-way stablecoin transfers, strengthening its position as one of the most crypto-active traditional brokerage platforms in the United States. The company announced that clients can now trade nine new tokens through Zero Hash: Aave, Aptos, Canton, Lido DAO, Monad, NEAR Protocol, Plasma, Pax
U.S. government-labeled seized-funds addresses moved roughly $12.9 million in crypto over a six-hour window, according to Arkham data cited by Wu Blockchain, renewing market attention on how U.S. authorities manage confiscated digital assets. The largest transfer came from an address labeled as holding funds seized in connection with the Bitfinex hack. That wallet sent about
Anchorage Digital has expanded its support for the TRON blockchain by launching native TRX staking for institutional clients, completing the next phase of an integration that began with regulated custody earlier this year. The service allows institutions to collect protocol-generated staking rewards while retaining TRX within the same Anchorage Digital framework they use for custody.
The cryptocurrency market is currently navigating a period of significant supply-side adjustment as Pump.fun, the Solana-based memecoin launchpad, completes its first major insider token distribution. On July 15, 2026, the platform successfully transitioned from a one-year lock-up period to a three-year vesting cycle for its team and early investors. Despite widespread market apprehension regarding potential
Why Did Circle Suspend Heka’s USDC Services? Circle suspended Heka Funds’ minting and redemption services in December 2023 after concluding that the Malta-based arbitrage fund may have been manipulating the market to benefit Tether, Circle’s largest stablecoin rival, according to arbitration documents filed publicly in Boston federal court. The dispute centered on Heka’s Elysium Global
Netflix stock has been in a sharp downtrend over the past 12 months, erasing billions of dollars in market capitalization. It dropped to $73 last week, about 45% below its all-time high. Although the decline has made the stock look attractively valued, there are increasing signs that it could be becoming a value trap as