Tag: Breaking

Visa has launched stablecoin settlement capabilities in the United States, allowing select issuer and acquirer partners to settle obligations on its network using Circle’s USDC stablecoin over the Solana blockchain. The global payments giant announced the rollout on Tuesday, marking a major expansion of its stablecoin program into the domestic market. Initial participants include Cross River Bank and Lead Bank, both of which have...

Quick Take Harvard Management Company held 6,813,612 shares of BlackRock’s IBIT worth $442.8 million as of Sept. 30, 2025. This represents a 257% increase from 1.9 million shares valued at approximately $116 million in Q2. IBIT became Harvard’s largest disclosed U.S. equity position, surpassing stakes in tech giants like Microsoft and Amazon. The university also nearly doubled its gold ETF holdings to $235...

Quick Take Cloudflare’s global outage struck early December 5, 2025, causing widespread 500 errors and downtime for crypto platforms. Centralized exchanges including Coinbase, Kraken, and Upbit were inaccessible, halting trading for users worldwide. DeFi user interfaces for protocols like Uniswap and analytics tools such as DeFiLlama faced disruptions, though blockchains remained operational. The incident, resolved within an hour,...

S&P Global Ratings downgrades Tether’s USDT stability assessment to 5, the weakest score on its 1-7 scale. The move stems from increased holdings in volatile assets like bitcoin, now comprising 24% of reserves, up from 17% a year ago. Tether CEO Paolo Ardoino dismisses the rating as outdated, emphasizing USDT’s overcapitalization and $10B+ profits in 2025. Community reaction mixes concern over depegging risks with defense of...

Quick Take Bitcoin Recovery: BTC climbs 12% from last week’s $80,000 bottom, trading near $91,000 as of November 29, 2025. Macro Drivers: Rising odds of a December Fed rate cut bolster sentiment, countering mixed U.S. labor and growth signals. Market Caution: Analysts warn of potential resistance at $93,000–$96,000, with broader risks from deflationary pressures. Bitcoin has staged a notable rebound, gaining approximately 12% from...