Crypto News

Investors will be watching Fed Chair Powell on Wednesday for clues about the central bank’s recession odds, one analyst saysSource link

Circle’s euro-backed stablecoin, EURC, surged to a record supply as mounting U.S. trade tensions and a weakening dollar likely fuel demand for euro-denominated digital assets.EURC's supply grew 43% over the past month to 217 million tokens worth $246 million, ranking above Paxos' Global Dollar (USDG) and below Ripple's RLUSD by market capitalization, RWA.xyz data shows. Most of the EURC tokens circulate on the Ethereum network, up 35% in a month to 112 million, while Solana saw the fastest, 75% expansion to 70 million tokens. Base, Coinbase's Ethereum layer-2, also saw a 30% growth to 30 million in EURC supply.The token also experienced an uptick in on-chain activity, with active addresses rising 66% to 22,000 and the monthly transfer volume surpassing...

OM token’s sudden crash unleashed widespread cross-exchange liquidations, prompting a swift Binance response as traders faced halted profits and escalating concerns over tokenomics integrity. OM Token Plunge Triggers Binance Alert With Cross-Exchange Liquidation Fallout Crypto exchange Binance responded to the sharp price drop in OM, the native token of Mantra, in a series of postsSource link

Nvidia's announcement was praised by the White House amid its broader AI infrastructure push.Source link

Following calls from Democrats to investigate alleged insider trading tied to U.S. President Donald Trump’s decision to temporarily halt some tariffs, Kevin Hassett, head of the National Economic Council under the Trump administration, flat out dismissed the claims of insider trading. ‘Nothing Funny Was Happening’: Trump Economic Chief Defends White House as Markets Sway KevinSource link