Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns

Circle stock, CRCL, experienced a significant decline over the past day following news of a proposed ban on stablecoin yield. Despite this selloff, Bitwise’s CIO maintains that the market reaction was excessive and projects that the company’s valuation will likely double by 2030. Circle Selloff Was ‘Overblown’ – Bitwise CIO On Tuesday, Circle Internet Financial,… Continue reading Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns

Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields

Cryptocurrency exchange Coinbase has reportedly told Senate offices it cannot support the latest language inserted into the CLARITY Act, dealing a fresh setback to negotiations over the anticipated crypto market-structure bill.  The dispute centers on newly revised provisions governing stablecoin yield arrangements, a key point of contention that has been the subject of months of… Continue reading Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields