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$GLM — Golem remains active as decentralized computing demand increases. $OCEAN — Ocean Protocol continues benefiting from AI and data economy growth. $NMR — Numeraire remains on traders' radar as AI-

HTX Invites You to Share 600K USDT in Gift Packs

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksHTX Creation Challenge — Post and Win 1,500U 💥USDC’s 72% surge exposed the expensive truth behind Circle’s stab

World Cup Predictions: 100,000 USDT Daily

HTX  Creation Challenge — Post and Win 1,500U 💥

USDC’s 72% surge exposed the expensive truth behind Circle’s stablecoin dominanceCircle paid $1.4 billion in Coinbase-linked distribution costs in 2025, even as USDC circulation rose 72% to $75.3 billion.
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Those costs now consume most reserve income, leaving Circle with a 39% margin and less of each USDC dollar.
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Circle’s 2026 Coinbase renewal and growing Hyperliquid-style demands will determine whether its retained share keeps shrinking.Circle incurred $1.4 billion in distribution costs connected to Coinbase in 2025, up from $924.5 million the year before, according to the company's own 10-K filing.

Those distribution costs equaled roughly 51% of its total 2025 revenue and reserve income.

USDC circulation grew 72% year over year to $75.3 billion in the fourth quarter, and full-year revenue and reserve income climbed 64% to $2.7 billion. Circle retained a 39% margin after distribution and transaction costs, unchanged from 2024 even as growth accelerated.Distribution and transaction costs consumed roughly 63% of Circle's fourth-quarter reserve income. The pressure now extends beyond the Coinbase agreement, as alternative stablecoin models and trading venues seek a larger share of the reserve income generated by the USDC they distribute.

Circle and Coinbase entered into their current collaboration agreement in August 2023, with an initial three-year term that ends in August 2026.

The filing said Circle and Coinbase will discuss in good faith whether modifications are warranted before the initial term expires. If they do not agree to changes, the agreement automatically renews for another three years, provided both sides continue meeting their obligations.


USDC’s 72% surge exposed the expensive truth behin

On July 15, Citi released a research report stating that due to the compression of valuation multiples in the software industry, it has lowered Microsoft's target price from $620 to $570, based on a p

Citi Lowers Microsoft's Target Price to $570, Maintains 'Buy' Rating

$MASK JUST HIT SUPPORT – EMA CROSS CONFIRMS THE MOVE 🔥 Entry: 0.3931 🔥 Target: 0.399 🚀 Stop Loss: 0.3892 ⚠️ MASK tapped a solid support zone and the EMA9 just crossed above the EMA20 on the lower time

World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift PacksHTX Creation Challenge — Post and Win 1,500U 💥 Leading cryptocurrencies slid alongside stocks on Monday after P

Leading cryptocurrencies slid alongside stocks on Monday after President Donald Trump floated full U.S. control over the Strait of Hormuz and a reimbursement fee on all cargo passing through.Bitcoin tumbled below $62,000 as trading volume doubled over the last 24 hours to $37.15 billion.

Ethereum also experienced high volatility, with the second-largest cryptocurrency fluctuating between a low of $1,749.35 and a high of $1,812.94. XRP and Dogecoin extended their losses.

Over $360 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data

Bitcoin’s open interest, meanwhile, rose 2.24% over the last 24 hours. An increase in open interest combined with a price decrease indicates a short build-up, meaning new traders are actively shorting the asset.

"Extreme Fear" sentiment prevailed in the market, according to the Crypto Fear & Greed Index.

Stocks ended in the red on Monday. The Dow Jones Industrial Average slid 138.37 points, or 0.26%, to close at 52,498.64.The S&P 500 lost 0.79% to end at 7,515.34,while the tech-heavy Nasdaq Composite dipped 1.55% to finish at 25,873.18.

Tensions worsened after Trump passing through the Strait of Hormuz. He also stated that the U.S. is considering taking control of the critical oil shipping point permanently in exchange for a 20% fee on cargo.

Ali Martinez, a widely followed cryptocurrency analyst and trader, highlighted that Bitcoin’s Accumulation Trend Score—an indicator measuring whether entities are buying or selling BTC—has stayed near 1 since June.

“A reading near 1 suggests that whales—or a large share of the network—are actively accumulating Bitcoin,” the analyst added.

“A healthier distribution of USDT and USDC can make crypto markets more resilient,” Santiment added. “Rather than idle capit

Bitcoin, Ethereum, XRP, Dogecoin Dip as Trump Rein

Hong Kong greenlights first fully native tokenized fund Hong Kong’s Securities and Futures Commission has authorized Baillie Gifford’s Enhanced Yield Fund, the city’s first fully native tokenized fund

Hong Kong greenlights first fully native tokenized fund
Hong Kong’s Securities and Futures Commission has authorized Baillie Gifford’s Enhanced Yield Fund, the city’s first fully native tokenized fund for professional investors, the company announced Wednesday.

The Baillie Gifford Enhanced Yield Fund (BAGEY) is an actively managed fixed-income fund invested in short-duration government and corporate bonds. Built with BNY, BAGEY is issued natively on Ethereum and Solana, with investors holding the fund directly onchain and the blockchain serving as the official ownership register.
Eligible investors can subscribe and redeem using fiat currency or USDC, while the fund also supports T+0 redemptions for up to 10% of NAV and provides an indicative NAV for secondary market activity.

According to Baillie Gifford, the launch demonstrates how tokenization can improve investment infrastructure through direct onchain ownership, greater transparency, and operatio

ncy without compromising investor protections.



Hong Kong greenlights first fully native tokenized

Hot Token Hunter Challenge Is Live 

82% of enterprises in Asia Pacific and Japan are considering repatriating workloads to private cloud, and 54% already have, ahead of the global average, per Broadcom's own regional lead. Filecoin stor

$GNO Rejection Alert!!! Sell the bounce, follow the bearish momentum. Short setup. Entry: $123.00 – $126.00 TP1: $118.00 TP2: $112.00 TP3: $105.00 SL: $130.00 $GNO {spot}(GNOUSDT) Setup Logic: Sharp r

HTX Creation Challenge — Post and Win 1,500U 💥World Cup Predictions: 100,000 USDT DailyHTX Invites You to Share 600K USDT in Gift Packs Strategy CEO Says Bitcoin Must Crash to $8000 Before Debt Become

Strategy CEO Says Bitcoin Must Crash to $8000 Before Debt Becomes a Real Risk

Strategy CEO Phong Le has pushed back against concerns over the company’s growing debt. He said Bitcoin would have to plunge to $8,000-$10,000 before its balance sheet comes under real pressure.

Speaking to Bloomberg, Le said Strategy remains financially secure despite the current bear market. In addition, the company is positioning itself for Bitcoin’s next rally.

Debt Risk Remains Low

“When Bitcoin gets down closer to $8,000 to $10,000, that’s when we have to consider some of the risks associated with our debt,” Le said. “Until that point in time, we feel very secure about the balance sheet.”



Strategy CEO Says Bitcoin Must Crash to $8000 Befo

Solana's bounce near $77 sparks scrutiny, affecting SCR with bearish trend continuation, showing declining volume. SWARMS faces resistance at $1.20, indicating range bound momentum with steady trading

Goldman Sachs Report Deconstructs the Competitive Landscape of China's AI Large Models: Who Will Be the Long-Term Winner?

Ethereum uses less power than British Museum – Here’s what changed

Why Bitcoin miners are holding 1.19M BTC despite 10% mining stock losses

Bitcoin’s $64,000 Rebound Faces A Real Test As Sellers Wait Near $65,000

Despite $450 Million Increase in Cash, STRC Price Still Falls; It's Never Been About Money

Bitcoin banking adoption hits 32%, but ‘we’re still early,’ says Strategy’s Saylor

The Invisible Crypto Empire of Japan's Financial Giant SBI

Wall Street Unanimously Bullish: ASML's Capacity Surge, The 'Peak Theory' for Memory Can Be Put to Rest

US government moves $235K in SHIB seized from FTX, Alameda, Arkham data shows

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