ARK buys $17M in Coinbase, Circle shares while trimming Bullish
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Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says
Circle CEO Jeremy Allaire told Reuters the USDC issuer plans to enter about 40 emerging and developing markets, citing rising demand in Southeast Asia, Latin America, Africa and the Middle East.
Crypto adoption blooming in Germany, while UK is falling ‘behind,’ says CoinShares researcher
German crypto adoption is progressing through family offices and wealth managers, while the UK’s retail-facing cryptocurrency market remains “nascent,” according to the researcher.
Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish
The chairman laid out six reasons the market’s “muted” 4% ETH drop after the record Binance theft shows crypto is “increasingly resilient,” as the firm’s stash neared its 5% supply goal.
Brazil’s Stock Market Crashes After Lula’s Upset Victory
The iShares Brazil ETF fell as much as 26% after Lula da Silva beat Flávio Bolsonaro, who prediction markets had at 80%, while the dollar jumped as much as 12% against the real.
Circle’s Allaire says stablecoin issuer looking to enter 40 developing markets: Report
Markets in Southeast Asia, Latin America, Africa and the Middle East see increasing demand for stablecoins.
CoinMarketCap buys CoinGlass to expand crypto derivatives data
CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged following the acquisition.