You press send on a crypto transaction and nothing happens. The wallet says pending. The block explorer shows your transaction floating in limbo, unconfirmed, with no clear indication of when, or whether, it will land. Most people meet the mempool for the first time in exactly this moment of mild panic, and most of the
President Donald Trump has strengthened support for a new UK-US stablecoin framework as the Senate races to advance the CLARITY Act despite growing opposition from banking groups over its stablecoin provisions. Summary UK and US have endorsed common stablecoin standards for cross-border finance and customer protection. Trump has continued pushing the Senate to pass the
Avalanche has reached $2.1 billion in distributed tokenized real-world asset value after a 60.47% monthly increase, supported by a newly announced $11 billion institutional tokenization deal with Bridgetower. Summary Avalanche’s tokenized RWA value has climbed to $2.1 billion after a 60.47% monthly increase. Bridgetower’s $11 billion tokenization deal has pushed Avalanche into the top five
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. Summary JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal. The bank warned new revenue-sharing terms could pressure stablecoin profit margins. Analysts remain
Chainlink price has jumped more than 5% after Mantle completed the migration of its $2.5 billion Super Portal to Chainlink’s cross-chain infrastructure, extending a crypto market rally driven by softer U.S. inflation data. Summary Chainlink price rose over 5% after Mantle migrated its $2.5 billion Super Portal to Chainlink’s CCIP. Whale accumulation, rising open interest,
Tether has expanded its push into the US financial system by leading a $7 million funding round for Pact Labs to bring its USAT stablecoin into a payroll market that processes more than $11 trillion in annual payments. Summary Tether has led a $7 million Series A round in Pact Labs to expand USAT into
Bitcoin has climbed back toward the $65,000 level after softer-than-expected U.S. inflation data sharply reduced market expectations of a Federal Reserve rate hike at the July policy meeting. Summary Bitcoin climbed toward $65K after June U.S. inflation came in below expectations. Cooling CPI data pushed July Fed rate hike odds sharply lower across major markets.
Circle Internet Group shares have dropped more than 2% in pre-market trading after US banking groups urged the Senate to tighten stablecoin provisions in the CLARITY Act, adding fresh pressure to the stock. Summary US banking groups urged the Senate to tighten the CLARITY Act, citing stablecoin yield loopholes. Circle shares fell in pre-market trading
The United States Senate returned from its holiday recess on July 13 with one piece of paper waiting on its desk that matters more to crypto markets than any price chart. The Digital Asset Market Clarity Act, the market structure bill the industry has chased for the better part of two years, sits on the
Ethereum has remained below $1,800 as traders await U.S. inflation data despite growing expectations of a breakout above $1,850. Summary Ethereum remains below $1,800 as traders await U.S. CPI data and Fed signals. A breakout above $1,850 could trigger short liquidations and open a path toward $2,200. Analysts continue to back the bullish setup while
