Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000
The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said....
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Shopify and National Bank of Canada are among backers of a new digital currency built to settle trades 24/7
Tetra Trust's new stablecoin, CADD, is aimed at institutional use for 24/7 cross-border settlement, real-time corporate treasury, and direct fintech transfers, replacing legacy batch systems....
Hut 8 swaps Coinbase loan for cheaper FalconX deal, slashing borrowing costs as it bets big on AI
Hut 8 refinanced its $200 million bitcoin-backed credit facility with FalconX, cutting interest rates from 9% to 7% and freeing up 3,300 BTC ($260 million) in collateral. The move reflects miners shifting toward AI infrastructure while reducing debt costs. Similar refinancing trends among competitors like Riot signal growing lender confidence in crypto firms pivoting away from volatile mining revenues.
Bitcoin bounces around $80K as Iran strike unsettles crypto, risk assets
Bitcoin oscillated around $80,000 as Iran's strike on UAE petroleum facilities triggered geopolitical uncertainty across risk assets. Oil surged past $105/barrel, pressuring equities. Traders eyed CME futures gaps as resistance levels, while short-term BTC holders approached breakeven. Key support sits near $76,500; sustained closes above $81,500 could unlock $87–92K rally potential amid volatile macro conditions.