After leading crypto ETF inflows in May and June, demand for Hyperliquid funds stalled in July and August as competition intensified, the …
competition
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Markets
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
by shayaanby shayaanVisa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. www.coindesk.com
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Markets
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
by shayaanby shayaanJapanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn’t address slowing USDC …
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Finance
Morgan Stanley Targets Ethereum and Solana ETF Market Share Amid Intensifying Fee Competition
by shayaanby shayaanWhy the Crypto ETF Market May Be Entering a Commodity Phase Morgan Stanley’s proposed ethereum and solana exchange-traded funds (ETFs) would enter …
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Marathon Digital’s latest production update shows self-mining hash rate rising to 31.5 EH/s, underscoring how aggressive the largest public miners remain after …
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Markets
Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
by shayaanby shayaanThe investment bank said new competition from the Stripe- and Coinbase-backed stablecoin consortium could pressure USDC’s growth. www.coindesk.com
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Markets
Coinbase does not fear competition from Wall Street, says exchange executive
by shayaanby shayaanA Coinbase executive called on regulators to implement sensible crypto regulation, while announcing the Stand With Crypto event taking place in over …
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Finance
Tether Buys Out SoftBank Stake in Twenty One Capital as Bitcoin Treasury Competition Intensifies
by shayaanby shayaanTether has acquired SoftBank’s minority stake in Twenty One Capital (NYSE: XXI), tightening its control over the publicly traded Bitcoin treasury firm …
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Adoption
Google looks to scale AI chip ecosystem with Marvell as Nvidia competition heats up
by shayaanby shayaanAlphabet Inc.’s Google is reportedly in talks with Marvell Technology to develop two new chips designed to improve how artificial intelligence models …
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Web3
Cardano (ADA) Price Prediction: Staking Rewards at 3.5% Face Competition From AI Trading Protocols
by shayaanby shayaanTaur0x (TAUX) Decentralized Hedge Fund The topic of Cardano (ADA) price prediction now includes a staking yield question that most holders have …