Ripple unlocks 500 million XRP and quickly sends 400 million back to escrow, raising questions about its strategy and market impact. Blockchain payments giant Ripple has executed its scheduled July escrow activity, unlocking 500 million XRP from its reserve accounts. The release, worth approximately $1.08 billion at current prices, was […]

Blockchain investigator ZachXBT links USDC activity to North Korea as Circle moves forward with plans to launch a federally regulated National Trust Bank. Controversial claims have surfaced surrounding Circle’s stablecoin, USDC, as popular blockchain investigator ZachXBT alleges that North Korea is using the token to facilitate illicit transactions. The timing […]

Bitwise and ProShares are pushing to launch the first-ever ETFs tied to Circle stock (CRCL), including a 2x leveraged fund and a covered call income strategy.   Asset managers Bitwise and ProShares have filed applications to launch single-stock exchange-traded funds (ETFs) tied to the performance of Circle’s publicly traded stock […]