Crypto stocks including Coinbase, MicroStrategy, and Circle showed varied premarket movements following a closed-door Senate hearing on cryptocurrency legislation in the US. Coinbase opened near a key technical resistance level, potentially boosting bullish confidence. MicroStrategy remains weak under $100, reflecting skepticism about its Bitcoin borrowing strategy. Circle bounced from support levels and may gain from investor interest ahead of its August earnings call. These developments highlight cautious market reactions to regulatory discussions and upcoming earnings events.
Visa, Google, and Stripe have become premier members of the x402 Foundation, which is developing a new protocol to enable AI agents to make micropayments directly over the web without human intervention or subscriptions. The protocol, named after the...
Crypto.com secured a $400 million investment from Citadel Securities, valuing the crypto exchange at $20 billion, about half the size of Coinbase. This partnership aims to accelerate Crypto.com's growth into various asset classes, including tokenized...
