Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. As Dorothy Gale said in The Wizard of Oz, there’s no place like home. Today, thanks to the magic of crypto, she wouldn’t need enchanted slippers to get there. On Thursday, crypto platform Coinbase and mortgage company Better Home and Finance introduced a product that will let homebuyers use the digital coin as collateral for a Fannie Mae-backed mortgage. It marks the first crypto-backed mo ...

Circle Internet Group (NYSE:CRCL) could reach a $75 billion valuation by 2030 despite Tuesday’s 20% crash on Clarity Act news, according to Bitwise CIO Matt Hougan’s analysis.The $75 Billion MathHougan’s valuation model uses three key assumptions: stablecoin market size, Circle’s market share, and revenue margins. Citigroup (NYSE:C) forecasts the stablecoin market will grow from roughly $200 billion today to $1.9 trillion by 2030.Hougan assumes Circle maintains this 25% share, giving the company control of ...

Circle (CRCL) rebounded as much as 7% on Wednesday, recovering from its biggest single-day drop on record as Wall Street digested details of proposed legislation that would limit rewards on stablecoin balances. Rising competition from rival Tether may also have contributed to the dramatic move, which saw Circle fall 20% on Tuesday. Trading platform Coinbase (COIN), a Circle partner that receives revenue from the stablecoin issuer, also rebounded 4% on Wednesday after sinking 8% in the prior session. (D ...

Circle (CRCL) rebounded as much as 7% on Wednesday, recovering from its biggest single-day drop on record as Wall Street digested details of proposed legislation that would limit rewards on stablecoin balances. Rising competition from rival Tether may also have contributed to the dramatic move, which saw Circle fall 20% on Tuesday. Trading platform Coinbase (COIN), a Circle partner that receives revenue from the stablecoin issuer, also rebounded 4% on Wednesday after sinking 8% in the prior session. (D ...

Coinbase Stock Tumbles As Clarity Act Hits Snag In Senate | Investor's Business Daily BREAKING: Futures Rise, Oil Prices Fall On Iran Deal Hopes Coinbase (COIN) stock undercut a key level Tuesday as news concerning cryptocurrency regulations dampened investors' enthusiasm for the digital currencies exchange. Is Coinbase stock a sell now? Bipartisan revisions led by senators working on changes to the Digital Asset Market Clarity Actinclude a ban on yield payments for holding stablecoins, CoinDesk reported, c ...

Several digital currency-related stocks, including Circle Group (CRCL) and Coinbase (COIN) , faced notably adverse action in today’s session, with investors reassessing their outlooks after proposed legislation, namely the Clarity Act, would negatively affect both.Specifically, a ‘yield restriction’ provision seeks to prohibit stablecoin issuers and platforms from paying interest or rewards on held balances in a manner that mimics traditional bank deposits, which would be a blow to both companies.Though the ...

Key takeaways Crypto stocks fall as new stablecoin draft tightens reward rules Coinbase and Circle hit hardest due to USDC exposure Debate over stablecoin yield highlights regulatory uncertainty Popular crypto stocks tumbled on March 24 as reports of a revised US stablecoin bill triggered a sharp sell-off. The decline comes as lawmakers, crypto firms, and banking executives continue negotiations around a new regulatory framework, with meetings held from March 23 to March 24 to finalize a stablecoin ...

Coinbase(COIN.US)、Bullish(BLSH.US)跌超7%，MARA Holdings(MARA.US)、Robinhood(HOOD.US)跌 超4%。消息面上，据报道，加密行业从业者周一在华盛顿国会山的一次闭门审查会议上，首次看到了 参议院《数字资产市场清晰法案》修订版中关于稳定币收益的最新条款。据一名熟悉当前草案的人士透 露，新条款将禁止仅因持有稳定币而获得收益，同时限制任何使该计划与银行存款等同的做法，并对其 他可能允许的活动设置进一步限制，而基于活动的稳定币奖励的具体认定机制仍不明确。 此次闭门审查旨在推动参议院银行委员会安排听证，这是该法案迈向参议院全体投票的重要一步。法案 推进仍面临其他障碍：各方还需就 DeFi 监管框架达成一致，民主党人同时坚持加入禁止政府高级官员 从加密行业中谋取个人利益的条款，该条款明显针对总统特朗普。 智通财经APP获悉，周二，加密货币概念股集体重挫，Circle(CRCL.US)大跌超17%， ...

Resolv Labs Stablecoin Depegs, Plunges 74% After $25M Exploithttps://t.co/v9gj5jeei4 ...

Stablecoin market cap on HyperEVM surpasses $1B, led by Circle's @USDC.A chart to follow 👇 https://t.co/ZAahohMCMO ...