SEC’s Pause of Grayscale Fund Is Likely Temporary

The U.S. Securities and Exchange Commission likely halted the launch of the Grayscale Digital Large Cap Fund (GDLC) for administrative reasons, not political ones, multiple individuals familiar with the matter told CoinDesk. The SEC approved

Circle Applies for National Trust Bank Charter

Circle (CRCL), the company behind the USDC stablecoin, said Monday it has filed an application with the Office of the Comptroller of the Currency to form a federally regulated national trust bank. A federal trust

Filecoin Gives Back Chunk of Recent Gain to Trade 2% Higher

Filecoin (FIL) experienced a dramatic 6.1% surge on June 29, jumping from $2.31 to $2.41 with exceptionally high trading volume, before encountering resistance and reverting lower, according to CoinDesk Research’s technical analysis model. The model

CoinDesk Weekly Recap: Stablecoins Dominate the Cycle

With the near-passage of the GENIUS Act and a host of companies announcing stablecoin initiatives, stablecoin-related assets have been on a tear. Circle, issuer of USDC, has seen its stock rise about 500% since its

Bitdeer Raises $330M Via Convertible Note Sale

Bitcoin miner and ASIC manufacturer Bitdeer Technologies (BTDR) has completed a $330 million private placement of convertible senior notes maturing July 1, 2031. The notes bear interest at 4.875% and feature a conversion price of

The Future of Money Is Streaming Now

We stream data. We stream music. We stream video. Thanks to stablecoins, we are about to start streaming the whole economy. U.S. dollar stablecoins recently hit a milestone–they represent about 1% of the U.S. money

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