Bernstein maintains $190 Circle price target as $222 million ARC presale cushions rate pressure
Bernstein maintained its $190 Circle target, citing ARC presale proceeds, USDC growth, and expanding stablecoin payments infrastructure....
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Galaxy Digital to manage Sharplink’s new $125 million onchain yield play
Galaxy Digital will manage a $125 million onchain yield fund with Sharplink, deploying $100 million from Sharplink's staked ETH treasury and $25 million from Galaxy into DeFi strategies. The fund maintains core ETH exposure while generating active yields across liquidity protocols. Sharplink holds 872,984 ETH and generated 18,800 ETH in staking rewards since June 2025.
Aave launches binding Arbitrum vote to move $71 million in disputed ETH
Aave launched a binding Arbitrum governance vote to transfer $71 million in disputed ETH from last month's Kelp DAO hack exploit. The proposal moves 30,765 ETH to Aave LLC custody per court order, amid competing claims from DeFi users and U.S. terrorism judgment creditors. Voting begins May 15, with legal restrictions remaining on asset use.