USDC in the spotlight: latest news

News in the last hour
  • Positive 30%
  • Negative 30%
  • Neutral 40%
Summary: The news articles cover various aspects of the crypto market, including the influence of large traders, the integration of USDC into platforms, concerns about stablecoin stability, and significant whale activities in trading. The overall sentiment is mixed, reflecting both optimism and caution.
Oct 20Bitget

X introduces Handle Marketplace for trading account IDs

X has introduced the Handle Marketplace, a platform designed for trading account IDs. This service facilitates the reallocation of unused Handles, and it is available exclusively to eligible Premium subscribers.
Oct 20Bitget

Bubblemaps reports STBL insiders liquidated positions, earning $17 million profit

Bubblemaps reports that all five major insider addresses of STBL have liquidated their positions, resulting in a total profit of $17 million.
Oct 20Bitget

New wallet address invests $41 million in ENA while hedging ETH and BTC

A newly created wallet address has withdrawn 3 million USDC from an exchange, according to ChainCatcher's MLM monitoring. This address has taken a long position on $41 million worth of ENA while simultaneously shorting $42 million in ETH and BTC as a hedge.
Oct 20Bitget

Michael Saylor shares Tracker details, hints at Bitcoin data release next week

Michael Saylor has shared Tracker information on the X platform, emphasizing the significance of the orange dot. He may reveal Bitcoin accumulation data next week, according to Jinse Finance.
Oct 20Bitget

New wallet invests $41 million in ENA while hedging ETH and BTC

A newly created wallet address has made significant moves in the cryptocurrency market, withdrawing $3 million in USDC from an exchange. The address then proceeded to invest $41 million in ENA while simultaneously shorting $42 million in Ethereum (ETH) and Bitcoin (BTC) as a hedging strategy.
Oct 20Bitget

Whale invests $70 million in ENA while shorting BTC and ETH

A notable whale has taken a significant position in ENA while simultaneously shorting Bitcoin and Ethereum on Hyperliquid, with a total investment of around $70 million. According to Foresight News and data from Lookonchain, this whale recently deposited 2.91 million USDC into Hyperliquid over the last two days.
Oct 20Bitget

STBL protocol to mint 100 million USST stablecoins in Q4

Stablecoin protocol STBL has announced on the X platform its plans to mint 100 million USST stablecoins in the fourth quarter. The associated work will be launched shortly.
Oct 20Bitget

Swift and Visa's blockchain adoption raises questions for PSPs' future

Global payments are experiencing a significant transformation, driven by the rise of stablecoins. This shift is fundamentally changing the landscape of cross-border payments, prompting questions about the future viability of payment service providers (PSPs) in this evolving market.
Oct 20Bitget

New wallet address incurs unrealized loss of $1.44 million from ETH shorts

A newly created wallet address is currently experiencing an unrealized loss of around $1.44 million from short positions in ETH and ENA. This information comes from OnchainLens monitoring, as reported by Jinse Finance. The wallet recently withdrew 4 million USDC from a specific exchange.
Oct 20Blockchain News

USDT and USDC may surpass BTC and ETH in market cap during downturn

A significant risk-off event might lead to the combined market capitalization of USDT and USDC exceeding that of ETH and potentially BTC, as investors shift their capital into stablecoins.
Oct 20Bitget

BitMine amassed nearly 380,000 ETH following its collapse

BitMine has amassed a total of 379,271 ETH since its collapse, according to ChainCatcher news and BMNRBullz. The company made significant purchases of ETH during the recent market downturn.
Oct 20Bitget

200 million TRX transferred to Bitget from unknown wallet

According to ChainCatcher, Whale Alert has reported that 200 million TRX, valued at approximately $63,517,911, were transferred from an unknown wallet to the Bitget exchange.
Oct 20Bitget

Whale deposits $2.91 million USDC into Hyperliquid, opens $70 million positions

A significant whale identified as 0x579f...e5ff has deposited $2.91 million USDC into Hyperliquid within the last two days. This investor has opened long and short positions valued at around $70 million.
Oct 20OKX

Beginner's Guide to Using a Wallet for USDC Trading on HyperLiquid

HyperLiquid is an advanced decentralized exchange (DEX) that operates on its own Layer 1 blockchain. It is specifically designed to facilitate high-frequency trading, providing users with a seamless trading experience.
Oct 20BlockchainReporter

Sonic launches on Circle Gateway, integrates native $USDC stablecoin

Sonic has launched on Circle Gateway, integrating the native $USDC stablecoin and providing unified liquidity across compatible blockchains.
Oct 20Bitget

Whale deposits $2.91 million USDC into Hyperliquid platform

A cryptocurrency whale, identified by the address 0x579f...e5ff, has deposited $2.91 million USDC into Hyperliquid within the last two days.
Oct 20CoinDesk

NYDIG Claims Stablecoins Are Not Truly Pegged to $1

Greg Cipolaro, NYDIG's Global Head of Research, asserts that stablecoins such as USDC, USDT, and USDe are not actually pegged to the U.S. dollar, but instead operate on a floating basis.
Oct 20OneSafe

$4 Million USDC Withdrawal Raises Concerns Over Crypto Market Stability

A recent $4 million USDC withdrawal has raised concerns about instability in the cryptocurrency markets, highlighting the risks associated with leveraged trading and the potential for regulatory consequences.
Oct 20Live Bitcoin News

Sonic blockchain launches on Circle Gateway with USDC integration

Oct 20OKX

How Big Traders Use USDC and Hyperliquid to Influence Crypto Market

OKX explores the impact of USDC, Hyperliquid, and whale strategies on the cryptocurrency market. The article delves into the tactics employed by large traders to influence market trends and drive price movements.
Oct 19Bitget

imToken assures users: wallet private key randomness is secure

imToken has released a security statement addressing concerns regarding the randomness of private keys in its non-custodial wallet. The company confirmed that the randomness is secure and assured users that no one has been affected by the issue.
Oct 19Bitget

STBL plans to launch anchoring mechanism by end of November

STBL founder Avtar Sehra announced on X that the organization is on track with its roadmap, emphasizing a commitment to timely delivery. The new anchoring mechanism is anticipated to be launched by the end of November.
Oct 19Blockchain News

Stablecoins to Evolve into Digital Money by 2025, Says @pedrouid

@pedrouid believes that the term "stablecoin" is becoming obsolete, as these assets are essentially tokenized versions of fiat currency or cryptocurrencies. They will eventually be recognized as digital money by 2025, impacting the trading dynamics of USDT and USDC.
Oct 19Bitget

AI-related stocks in the S&P 500 see market cap rise to 43%

The market capitalization of AI-related stocks within the S&P 500 has increased to 43%, as reported by Jinse Finance during the Global Wealth Management Forum held at the 2025 Shanghai Suhewan Conference.
Oct 19Bitget

Metaplanet's unrealized Bitcoin gains plummet to $41.15 million

Jinse Finance reported a significant decline in the unrealized bitcoin (BTC) gains held by Metaplanet Co., Ltd., which have dropped from a peak of $600 million to just $41.15 million.