Crypto News

Digital assets rose a day before the U.S. president was set to announce sweeping trade tariffs, but analysts remain wary about their impact.Source link

Former maintainer of Monero Ricardo Spagni, known in crypto circles as Fluffypony, has alerted about the collapse of the current Know Your Customer (KYC) strategies at the hands of artificial intelligence (AI) tools. On X, Spagni assessed that still-in-use KYC procedures are on the way out, declaring that within the next 24 months “there willSource link

Circle, the U.S.-based stablecoin issuer, is going public.The firm filed an S-1 form with the Securities and Exchange Commission (SEC) on Tuesday. If approved, the company's stock will be trading on the New York Stock Exchange under the symbol "CRCL."The company said its reserve income from managing its stablecoin-related reserves was $1.7 billion at the end of 2024, representing 99.1% of its total revenue.Circle is behind USDC, the second largest stablecoin by market capitalization, with $60 billion in supply. The firm's IPO has been one of the most anticipated in crypto.It's not the only crypto-adjacent company looking to go public. Artificial Intelligence (AI) firm CoreWeave (CRWV), which benefits from a strong business relationship with bitcoin mining firm Core Scientific (CORZ),...

Video game retailer GameStop has nearly $1.5 billion to start buying Bitcoin for its treasury after completing its convertible notes sale.Source link

Bitcoin ETFs saw a $71 million outflow to start the week, extending Friday’s losses, while ether ETFs added $6.42 million in inflows. Investors may be reacting to economic concerns, including upcoming tariffs from President Trump. Bitcoin ETF Outflows Continue as Investors React to Market Uncertainty Bitcoin ETFs stumbled into the new week, shedding $71.07 millionSource link