CRCL Surges 12% on Regulatory Approval by OCC: Here's What It Means for Circle

BenzingaJul 10 21:37

Over $70 million worth of ETH was bridged to the Robinhood Chain in its first week of launch.

ChainCatcher reported, citing Cointelegraph, that in the first week since its launch, over $70 million worth of Ethereum has been bridged to Robinhood Chain. According to Token Terminal data, Robinhood Chain has reached 194,000 daily active users, with daily revenue rising to $39,000, implying an annualized run rate of approximately $14 million. DefiLlama data shows its total value locked (TVL) stands at 46,748 ETH (approximately

ChainCatcherJul 10 13:55

ARK Invest: Why Is OUSD Unlikely to Replace USDT and USDC?

Author: Lorenzo Valente, Director of Research at ARK Invest Translated by: Jiahuan, ChainCatcher The competitiveness of stablecoins stems from the long-term accumulation of liquidity, user habits, and trust—not something that can be replicated simply by listing a set of partners. Using Binance as an example, this article clearly calculates whether swapping into a new stablecoin is truly cost-effective and explains why the market may have overestimated the disruptive impact of OUSD on USDT and USDC. The launch of OUSD has caused a major stir on Twitter. Many now believe that @circle is already doomed, because a

ChainCatcherJul 10 09:27

Shares of Financial Services Companies Are Trading Higher Amid Declines in Treasury Yields, Oil Prices, and the U.S. Dollar. The Decline May Ease Inflation Concerns and Improve Expectations for a More Accommodative Interest Rate Environment.

BenzingaJul 10 02:22

Shares of Bank Companies Are Trading Higher Amid Declines in Treasury Yields, Oil Prices, and the U.S. Dollar. The Decline May Ease Inflation Concerns and Improve Expectations for a More Accommodative Interest Rate Environment.

BenzingaJul 10 02:20

Robinhood Launches Blockchain, CEO Vlad Tenev Says It's 'Great For Memes Too'

BenzingaJul 9 22:07