USDC circulation decreased by about $1.7 billion over the past seven days due to redemptions exceeding new issuances. This contraction reflects lower demand for stablecoins in trading and DeFi, possible capital rotation to competitors like USDT, or users exiting crypto positions. Since USDC is crucial for crypto market liquidity, this decline could lead to thinner order books and slower capital flow. However, one week of data is not definitive, and future trends will depend on whether USDC supply stabilizes or continues to fall, alongside broader stablecoin market movements and regulatory developments.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
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Nevada King Gold Corp. received approval from the Bureau of Land Management for its fifth and largest modification to its drilling plan at the Atlanta Gold Mine project in Nevada. This permits 78 additional reverse circulation and 404 rotary air blas...
