USDC - Gimme Crypto

Marex Becomes ‘First’ Clearing Firm to Use JPMorgan’s Kinexys Blockchain For Settlements

In brief Marex is the first clearing firm to use JPMorgan’s Kinexys blockchain platform for client settlements, the companies said Wednesday. The partnership with Brevan Howard Digital enables 24/7 payments using blockchain-based deposit accounts. The move signals growing institutional interest in programmable, real-time settlement infrastructure. Financial services firm Marex has become the “first clearing firm”…

August 7, 2025

Coins

Ethereum Transactions Near All-Time High Amid Surging Stablecoin, Uniswap Activity

In brief Ethereum daily transactions reached 1.87 million, approaching the all-time high of 1.96 million set in January 2024. The surge has been driven primarily by increased activity from stablecoins USDC, Tether, and decentralized exchange Uniswap. Market analysts attribute the surge to regulatory developments like the GENIUS Act passage, multiple ETF approvals bringing traditional market…

August 6, 2025

DeFi

Coinbase Debuts ‘Embedded’ Crypto Wallet for Developers—With Stablecoin Focus

In brief Coinbase has launched a new feature for developers. It will allow builders to include crypto wallets into their apps. The exchange said the feature will be well-suited to stablecoin-related apps. Crypto exchange Coinbase has debuted a feature for developers so they can easily build self-custodial wallets into their apps. Dubbed the Embedded Wallets software,…

August 5, 2025

Markets

Litecoin Hits Five-Month High Amid ETF Optimism and $100M MEI Pharma Treasury

In brief Litecoin jumped to a five-month high of $128.40 Tuesday morning. Prediction markets are optimistic that a LTC ETF will be approved this year. Last month, MEI Pharma closed a $100 million private placement to transform itself into a Litecoin treasury firm. Litecoin surged to a five-month high of $128.40 Tuesday morning, amid rumors…

August 5, 2025

Law and Order

Coinbase, PayPal Press Forward With Stablecoin Rewards Despite GENIUS Prohibitions–Here’s How

In brief Top U.S. companies like Coinbase and PayPal have recently doubled down on offering customers 3% to 5% rewards on stablecoin desposits. The GENIUS Act, passed last month, prohibits stablecoin issuers from offering yield to holders. But Coinbase no longer issues USDC, and PayPal lets a third-party company issue its native PayPal stablecoin, permitting…

August 4, 2025

Business

Coinbase Receives Downgrade to ‘Sell’ as Retail Interest Cools: Compass Point

In brief Compass analysts lowered their price target for Coinbase shares to $248 The firm’s stock price has slid 15.5% since its Q2 miss last week. The exchange posted a sequential drop in transaction revenue. Analysts at investment bank Compass Point downgraded Coinbase’s stock to “Sell” from “Neutral” on Sunday, flagging increased stablecoin competition and…

August 4, 2025

Business

Why Analysts Aren’t Worried by Coinbase’s Stock Dive After Earnings Miss

In brief Coinbase’s stock fell 17% on Friday, the day after the crypto exchange reported its second-quarter earnings. Analysts say the trading platform is poised to report stronger earnings numbers in subsequent financial quarters. Coinbase’s acquisitions and expansion beyond crypto-only services could lift its sagging stock. COIN plunged 17% on Friday, just a day after…

August 2, 2025

Uncategorized

BTC ATH MONTHLY, TRUMP SPOOKS MARKETS, ALTCOINS LEAD FALLS

BTC ATH MONTHLY, TRUMP SPOOKS MARKETS, ALTCOINS LEAD FALLSBitcoin records ATH monthly close then falls. Altcoins lead crypto sell-off after mixed earnings. SEC launches ‘Project Crypto’ to tokenise assets. Most crypto assets are not securities: Atkins. Strategy reports $10b profit despite funding costs. Coinbase earnings mixed, stock falls 10%. Coinbase to expand to tokenized RWAs,…

August 1, 2025

Markets

Myriad Moves: More Gains for Ethereum? And Can Tornado Cash Dev Roman Storm Avoid Prison?

In brief Top prediction markets on Myriad this week ask about the price of Ethereum, the Roman Storm trial, and migrating birds. Predictors are bullish on ETH hitting a new all-time high this year, but not about it breaking $4K this week. In flash markets, predictors are leaning guilty on Storm, and that less than…

July 30, 2025

News

Kraken releases latest Proof of Reserves, continuing our commitment to trust through transparency

At Kraken, transparency isn’t a slogan – it’s a standard. Our latest Proof of Reserves (PoR) audit, finalized as of June 30, 2025, once again verifies that client assets held on our platform are backed 1:1 and beyond. The process covers major cryptoassets, including BTC, ETH, SOL, USDC, USDT, XRP and ADA. We don’t expect…

July 30, 2025