Market News
Coinbase Shares Slide After Q2 Revenue Miss as Trading Suspensions Widen
Coinbase stock fell 5% after reporting $1.22 billion in Q2 revenue against $1.29 billion expected, as the exchange suspended trading on six pairs.
Tether Posts $1.5 Billion Quarterly Profit as USDT Supply Tops $184 Billion
Tether's Q2 profit hit $1.5 billion as USDT supply grew to $184.6 billion, even as the company pursues its first full independent reserve audit.
DeFi Total Value Locked Falls 39% in 2026 as Hacks and Cooling Yields Bite
DeFi TVL has declined every month of 2026, sliding from $115 billion to roughly $70 billion as exploits and compressed yields pull liquidity out of the sector.
Kalshi Overtakes Polymarket as Regulated Prediction Markets Surge
Kalshi's CFTC-regulated markets now command roughly 73% share of prediction market volume as crypto-native Polymarket's share slips to 27%.
Visa and Mastercard Build Stablecoin Rails Into Card Networks
Visa's stablecoin settlement has scaled to a $7 billion annualized run rate as card networks position themselves as the connective layer for digital dollars.
USDC Market Cap Nears $78 Billion, Outpacing Tether's Growth
Circle's USDC stablecoin grew by nearly $5.9 billion over 30 days in mid-March, pushing its market cap to near-record highs and outpacing Tether's growth rate.
Bernstein Sees Circle Rallying 60% on Stablecoin and AI Finance Bet
Bernstein analysts said Circle's shares could rally toward $190, implying roughly 60% further upside, driven by stablecoin adoption and emerging AI agentic finance use cases.
Aon Settles First Major Stablecoin Insurance Premium Payment
Insurance broker Aon partnered with Coinbase and Paxos to settle what it calls the first known stablecoin insurance premium payment among major global brokers.
Circle Moves $68 Million in Internal Payments on USDC, Bypassing Banks
Circle settled $68 million in internal treasury transfers using its own USDC stablecoin in early March, demonstrating its own infrastructure at institutional scale.