Ark Invest's strategic shift highlights a focus on potential growth in stablecoins, reflecting broader market confidence in digital finance evolution.
The post Ark Invest buys 217,896 Circle shares for $14M, sells Robinhood stake appeared first on Crypto Briefing.
The post Tether Stake Sale: What Private Liquidity Signals appeared on BitcoinEthereumNews.com.
If you care about stablecoins, you should care when insiders try to sell equity. It’s one of the few real-time signals we get about private valuations, buyer appetite, and how durable the moat really is. So when news hits that a former Tether investment chief is shopping part of his stake, the natural question is simple: is this a one-off liquidity event, or is it telling us something bigger about stablecoin power and who wants exposure now? Let’s unpack what a private stake sale can say about market structure, how to read the tea leaves without guessing, and the practical red flags to watch.
Aspect
What to Know
Who’s selling
Richard Heathcote, Tether’s former chief investment officer, is seeking to sell part of his 1.26% holding, working with PJT Partners CoinDesk.
Process
Reporting says Tether approved a secondary sale and PJT Partners is running it, which typic
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape.
The post Hyundai adopts stablecoins for cross-border treasury transfers appeared on BitcoinEthereumNews.com.
Hyundai, the world’s third-largest carmaker by vehicle sales, moved a stablecoin-based, cross-border, internal remittance system into production readiness on the Avalanche blockchain, becoming the first major South Korean company to do so. “Hyundai is the first major enterprise to publicly announce this type of implementation on Avalanche, but the initiative represents more than a technical experiment,” said Justin Kim, head of APAC at Ava Labs, which develops and supports the blockchain platform. “This is already a real treasury management use case, not a sandbox — the pilot moved live USD and USDT between Hyundai Motor’s U.S. and Mexico entities,” The international transfer comes as stablecoins gain traction beyond crypto trading. Large companies are increasingly testing the technology to move money between subsidiaries, settle cross-border payments and reduce the cost and tim
Circle's OCC approval could reshape the stablecoin landscape, enhancing regulatory trust and influencing future crypto-banking integration.
The post Circle gets OCC approval to become a national digital currency bank appeared first on Crypto Briefing.
The post What is Robinhood Chain? The broker’s L2 explained appeared on BitcoinEthereumNews.com.
Robinhood launched its own blockchain in July 2026, an Ethereum layer 2 where tokenized stocks trade around the clock and plug into DeFi as collateral. This guide explains what Robinhood Chain actually is, how it works under the hood, what Stock Tokens are and who can use them, how the chain differs from Base and the other corporate networks, and what it means for users, builders, and the industry’s biggest open questions. On July 1, 2026, one of the largest retail brokers in the United States switched on its own blockchain. Robinhood Chain launched its public mainnet at a London keynote, carrying 95 tokenized stocks that trade 24 hours a day, a suite of DeFi protocols live from day one, and access wired directly into the Robinhood Wallet used across 120 countries. Within a week the chain had processed roughly 4 million transactions, gathered over $240 million in deposits, and produced a la
The post Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval appeared on BitcoinEthereumNews.com.
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone reflects a dramatic regulatory shift under the Trump administration that has cleared the way for several other firms. While Coinbase praised Circle’s news, the exchange also recently backed a major new rival stablecoin dubbed Open USD. Circle has received final approval to establish a national trust bank from the U.S. Office of the Comptroller of the Currency, a move that’s set to shift the stablecoin issuer’s operations from a patchwork of state-by-state rules to a national framework. In an announcement on Friday, the company behind crypto’s second-largest stablecoin, USDC, described the OCC’s approval as a key regulatory milestone, expected to unlock new opportunities regarding safeguarding custo
Rising sports valuations reflect the growing influence of digital finance, impacting player market dynamics and club strategies globally.
The post Rangers pursue Jens Hjerto Dahl in £7.5M transfer bid as crypto-era sports valuations keep climbing appeared first on Crypto Briefing.
The post Robinhood stock slides even as Morgan Stanley lifts target to $124 appeared on BitcoinEthereumNews.com.
Morgan Stanley and Barclays have raised their Robinhood price targets to $124 and $122, respectively, even as HOOD has fallen more than 5% toward key support near $109. Summary Morgan Stanley raised Robinhood’s target to $124, while Barclays lifted its forecast to $122. HOOD fell more than 5% after failing near $120 and testing support around $109. Robinhood Chain growth and strong trading activity continue to support analysts’ bullish outlooks. Morgan Stanley reiterated its buy rating on Robinhood Markets on July 10 and lifted its target from $95 to $124, an increase of more than 30%. The new target sits above the stock’s recent peak near $120 and implies room for another advance from current levels. JUST-In: Robinhood Markets $HOOD stock surges over 3% in premarket as Morgan Stanley and Barclays Raise Price Targets Morgan Stanley reiterated BUY | Price Target: $124 Barclay