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Bitcoin
Circle Mints 5 Billion USDC in a Week as Supply Race With Tether Heats up
Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Week for Fresh Supply Onchain analytics platform Solscan revealed the roughly 5 billion USDC…
Iran’s Rial Crashes to a Record Low as New Sanctions Target Its Bitcoin Mining Lifeline
Iran’s rial collapsed to a record low this week just as President Trump’s new sanctions package named digital assets as a target for the first time, threatening the IRGC’s billion-dollar bitcoin mining workaround. A…
Tron Now Settles Over Half of All Circulating USDT
Tron’s account count crossed 400 million this week, doubling in under three years and cementing the network’s role as the backbone of global USDT settlement. A Six-Year Climb to 400 Million As a quick refresher, Tron’s…
USDC Leads Crypto Card Spending as Top-Ups Reach $13.8 Billion
Crypto cards are turning USDC and USDT into everyday spending balances, with cumulative stablecoin card top-ups reaching $13.8 billion by August. The growth is pushing stablecoins beyond trading and remittances into a consumer payments…
Darknet Mastermind Signals Cooperation as $44M BTC Case Advances
Tomáš Jiříkovský, a primary defendant in a major Czech cryptocurrency-laundering investigation, has signaled for the first time that he may cooperate with authorities. Following a custody hearing, a court ruled that Jiříkovský must remain…
Grayscale’s Zcash ETF Begins Trading on NYSE Arca With Spot ZEC
Grayscale’s Zcash ETF has begun trading on NYSE Arca under ticker ZCSH, expanding investor access to ZEC. The listing moves a nine-year-old fund off over-the-counter quotes, where its shares have traded at discounts as steep as 55%.…
Sui Stablecoin Supply Holds Near $500M as Volume Tops $65B
Sui’s onchain stablecoin supply is holding near $500 million, per Defillama, even as the network’s zero-fee transfer rails keep processing tens of billions of dollars in monthly settlement volume. Slow And Steady Onchain SUI…
Arthur Hayes Says Treasury Buybacks Mark “New Bitcoin Bull Run”
BitMEX co-founder Arthur Hayes argued in a new research note that the U.S. Treasury’s expanded bond buyback program marks the start of a fresh bitcoin bull market, as BTC trades above $80,000 for the second day running. Buybacks,…
Zcash Rally Widens Mining Revenue Lead Over Bitcoin and AI HPC
Zcash’s rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-performance computing, highlighting how quickly the relative value of electricity can change across competing compute…
Bitcoin Whale Closes 2-Month Long, Banks $11.6M Profit
Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months earlier today, resulting in a $11.6 million profit as bitcoin traded near $81,000. Two Months, One Exit Blockchain analytics…