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.
NextEra Energy and Dominion Energy are in talks to merge in a deal valued around $400 billion, creating one of the largest utility companies in the U.S. This merger aims to address the rapidly growing electricity demand driven by AI data centers, ind...
During President Trump's summit with Chinese President Xi Jinping, U.S. officials aboard Air Force One were instructed to discard all items received in China, including burner phones, badges, and lapel pins. This precaution addresses concerns over Ch...
nVent Electric plc announced that its Board of Directors has authorized a new share repurchase program allowing the company to buy back up to $500 million of its shares over three years, starting July 23, 2026. This program is in addition to an exist...
nVent Electric plc announced it will pay a quarterly cash dividend of $0.21 per ordinary share on August 7, 2026, to shareholders recorded by July 24, 2026. This dividend reflects nVent's ongoing commitment to returning value to shareholders. The com...
US spot Bitcoin ETFs experienced $1 billion in net outflows for the week ending May 15, marking their largest weekly exit since January and ending a six-week inflow streak totaling $3.4 billion. This reversal coincided with Bitcoin trading near $79,0...
