The Morning Minute (4.6)Powered by @yeet⏰Top News:-Crypto majors jump on speculation of ceasefire; BTC +4% at $69,600-Drift requests talks with NK hackers after $280M exploit-Schwab is bringing crypto spot trading to its $12T platform-Coinbase received conditional approval for national trust bank charter-Circle is launching cirBTC to compete with WBTC🌎 Macro Crypto and Markets-Crypto majors rallied overnight as speculation of ceasefire rises-BTC +4% at $69.6k; ETH +5% at $2,150; SOL +3% at $823; HYPE +5% at ...

circle launching cirBTC into a market where MakerDAO already voted to phase out WBTC and Aave is cutting WBTC loan-to-value ratios. $15.2b in wrapped bitcoin with 0% growth over 6 months. cbBTC absorbed $3.1b in 8 months just by not being affiliated with justin sun. now circle brings $184b USDC distribution rails, deloitte attestations, and day-one solana deployment where no dominant BTC wrapper exists. solana perp DEXs need BTC collateral yesterday. the wrapped bitcoin market isn't shrinking, it's re-crede ...

LATEST: Circle is planning to launch cirBTC, a 1:1 BTC-backed wrapped token built for institutional DeFi https://t.co/HcyqgccrEd ...

LATEST: ⚡ Circle plans to launch cirBTC, a wrapped Bitcoin token backed 1:1 by BTC and aimed at institutional users, putting it in direct competition with BitGo and Coinbase. https://t.co/54GwZBXdEY ...

Publicly traded stablecoin issuer Circle is launching a new token, cirBTC, its own wrapped Bitcoin alternative. https://t.co/JZi4nOw4RR ...

⚡️ JUST IN: Circle just announced cirBTC, a 1:1 Bitcoin-backed token with onchain-verifiable reserves built to move seamlessly across DeFi. https://t.co/jspYxn3x9E ...

RT Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire)cirBTC is coming. We are bringing the same infra that supports USDC, EURC and USYC to the largest digital asset, creating a neutral infrastructure for new applications for onchain BTC. Read more below. ...

RT Rachel Mayer (@0xrachelita)$1.7T of bitcoin is sitting on the sidelines of DeFi. Not because people don't want yield or liquidity, it's because they don't trust the wrapper.cirBTC is Circle's answer: 1:1 backed, onchain-verifiable, and built on infrastructure the market already trusts.coming soon to @arc ...

🚨 CRYPTO: CIRCLE ANNOUNCES CIRBTC, ITS OWN WRAPPED BITCOIN PRODUCT$USDC issuer @circle has announced $cirBTC, a wrapped Bitcoin token backed one-to-one by $BTC with on-chain verifiable reserves. The product is being built to integrate seamlessly with Circle's existing infrastructure and the broader DeFi ecosystem. No launch date has been confirmed.The move puts Circle directly into the wrapped Bitcoin space, which has been dominated by WBTC but plagued by trust concerns after BitGo's custody arrangement bro ...

RT Jeremy Allaire - jda.eth / jdallaire.sol (@jerallaire)cirBTC is coming. We are bringing the same infra that supports USDC, EURC and USYC to the largest digital asset, creating a neutral infrastructure for new applications for onchain BTC. Read more below. ...