On October 13, the USDC Treasury burned 134,607,973 USDC tokens, reducing the circulating supply of the stablecoin. This action follows a recent minting of $139.5 million USDC on October 9. USDC, issued by Circle and pegged to the U.S. dollar, is widely used in cryptocurrency transactions and decentralized finance. The burn and mint transactions reflect ongoing management of USDC's supply to maintain its peg and liquidity.
The USDC Treasury's recent token burn and mint actions provide context for cryptocurrency market activity. For readers following the crypto market, here is Pluang's market snapshot as of Oct 14, 2026 01:03 WIB: out of 50 major cryptocurrencies, 13 rose and 36 fell today. Notable movers include BAL at Rp16.297 with an 11.14% increase and EOS at Rp12.649 with an 8.13% rise.
Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...
Gordon Haskett Capital Corporation set a $105 price target for Ollie's Bargain Outlet, suggesting an 18.1% upside from its current price around $89. The company’s board approved an additional $500 million share repurchase authorization, increasing to...
FRUIT Holdings, Inc. introduced PAVE, a new protocol designed to allow AI systems to call on human judgment and authority when needed. This approach ensures that human input retains its value, authority, and attribution within AI workflows, addressin...
AngioDynamics reported a 6.9% revenue increase to $80.9 million and a narrowed adjusted loss of 4 cents per share for Q1 fiscal 2027, with strong Med Tech sales growing 13.2%. Despite beating earnings expectations and improved gross margin, the stock...
Domino's Pizza reported Q3 2026 earnings per share of $4.60, beating analyst expectations of $4.37, while revenue grew modestly by 3.4% to $1.19 billion. Same-store sales growth was minimal at 0.3% in the U.S. and 0.2% internationally, reflecting com...
