Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene

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

The post Circle clears final hurdle to establish national trust bank with OCC approval appeared on BitcoinEthereumNews.com. Circle Internet Group (NYSE: CRCL) has secured final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank. The arrangement, which sent Circle’s CRCL stock up more than 14% in pre-market trading, will bring the USDC issuer under direct federal banking supervision for the first time. Is Circle becoming a bank? The Office of the Comptroller of the Currency (OCC) has given its final approval to Circle (NYSE: CRCL), allowing the company to run a national trust bank carrying the legal name First National Digital Currency Bank, N.A. The regulator first gave a conditional go-ahead in December of 2025. This move brings USDC custody under direct federal supervision for the first time. The new entity will do business as Circle National Trust, according to Circle’s announcement. The bank will only handle custody of digital

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

The post Circle Wins OCC Approval for National Trust Bank to Strengthen USDC Infrastructure appeared on BitcoinEthereumNews.com. Key Takeaways Circle won OCC approval for a national trust bank to strengthen USDC infrastructure. Circle National Trust could bring USDC reserve management under federal OCC oversight. Circle plans to expand custody services, reinforcing USDC’s role in regulated finance. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, marking one of the company’s most important regulatory milestones in the United States. The new entity, First National Digital Currency Bank, will operate as Circle National Trust. It will be supervised directly by the OCC, the federal regulator responsible for national banks and national trust banks. For Circle, the approval brings a key part of its digital asset infrastructure into the U.S. banking sy

The post Coinbase (COIN) Stock Surges 5% on Analyst Upgrade and Regulatory Wins appeared on BitcoinEthereumNews.com. Key Takeaways Coinbase shares climbed approximately 4.5% to $165.60 during Friday’s session US Tiger Securities raised its rating on COIN to Buy from Hold, setting a $200 target Circle secured OCC clearance to launch First National Digital Currency Bank N.A. Reports suggest the Trump administration is considering a Strategic Bitcoin Reserve framework Barclays maintained its Underweight stance and lowered its target to $99; CLO Paul Grewal announced his departure effective July 31 Shares of Coinbase are up roughly 4.5% to $165.60 in Friday’s trading session, driven by a favorable analyst call, positive regulatory developments for partner Circle, and renewed speculation about government Bitcoin policy. Coinbase Global, Inc., COIN On July 7, US Tiger Securities analyst Bo Pei lifted his rating on COIN from Hold to Buy, assigning a $200 price target. Pei’s thesis centers on

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. Morgan Stanley reiterated its buy rating on Robinhood Markets on July 10…

Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework.