Crypto News

Circle, the crypto company behind the $48 billion USDC stablecoin, said Tuesday it has acquired tokenized real-world asset (RWA) issuer Hashnote.The companies closed the deal this morning, a Circle spokesperson told CoinDesk and was announced in Davos, Switzerland during the annual World Economic Forum meeting. The companies didn't reveal pricing details.Circle aims to integrate USYC with USDC, Circle’s flagship stablecoin, enabling convertibility between cash and yield-bearing collateral on blockchains, the press release said. Hashnote issues the $1.3 billion USYC token, which saw massive growth last year to become the largest tokenized U.S. Treasury product on the market, according to rwa.xyz data.Circle’s CEO, Jeremy Allaire, said this marks a significant step toward aligning traditional financial structures with the speed and transparency...

CoinDesk Indices, a subsidiary of CoinDesk, has introduced the CoinDesk 80 Index to address the increasing institutional demand for liquidity across diverse digital assets.The new offering is designed to track the performance of the next 80 digital assets beyond the CoinDesk20 Index, according to a press release. The Bullish exchange, which has surpassed $1 trillion in cumulative trading volume since its inception in November 2021, has listed a perpetual futures contract tied to the new index under the ticker CD80/USDC-PERP. Bullish is the parent company of CoinDesk.The index currently counts crypto market makers GSR and STS Digital among its clients. "We’re excited about the broader opportunity this brings to expand liquidity, empower informed trading strategies, and further the maturation of...

Microstrategy’s staggering $1.1 billion bitcoin acquisition solidifies its dominance as a crypto giant, raising curiosity about its bold investment strategy and shareholder impact. A $1.1B Bitcoin Buy Pushes Microstrategy’s Holdings to 461,000 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced on Jan. 21 updates on its bitcoin acquisition strategy, revealing substantial activity over theSource link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3890.01, down 0.4% (-15.92) since 4 p.m. ET on Monday.Ten of 20 assets are trading higher.Leaders: DOT (+1.9%) and POL (+1.5%).Laggards: ADA (-3.2%) and HBAR (-2.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

A Department of Government Efficiency website has appeared, prominently featuring the Dogecoin logo—causing the token to spike.Source link