Africa Crypto Update Weekly Recap: Circle Supports African Fund, South Africa Implements Crypto Tax Regulations, Kredete Secures $22M
This week in Africa's cryptocurrency developments, Circle, the issuer of USDC, is supporting a fund by contributing $20M to promote the growth of blockchain startups across the continent. Circle is a significant entity in the crypto world and operates as a public company.
Will Hyperliquid USDH Put an End to Circle and USDC? CIRCL Stock Falls Sharply
The issuance of stablecoins represents a highly profitable venture, and in 2025, Hyperliquid, a prominent decentralized derivatives trading network with a trading volume of at least $400 billion, is poised to introduce its own platform-specific stablecoin. While Circle's USDC commands a more substantial
Uptrend IPO Soars Upon Launch: Could BLSH Be the Top Crypto Stock to Invest In?
On the previous day, Bullish, a crypto asset exchange supported by billionaire Peter Thiel, one of the co-founders of PayPal, made its debut on the NYSE with the ticker symbol BLSH. Following the success of the Circle IPO, this remarkable performance was anticipated.
Stablecoin Sector Surges in H1 2025: Circulating supply Soars to $252 Billion
Stablecoin token supply increased to $252 billion in H1 2025, primarily due to the growth of USDT, USDC, and PYUSD. Favorable regulations, such as the GENIUS Act and MiCA, are enhancing adoption. Stablecoins are undoubtedly foundational to the crypto ecosystem and the broader
American Bitcoin, spearheaded by Eric Trump, secures $220 million to enhance Bitcoin assets
American BTC, with Eric Trump as a supporter, has raised $220 million to enhance its BTC mining ventures and increase its BTC reserves. As a subsidiary of Hut 8 Block rewards, the firm intends to go public through a merger with Gryphon Digital
Circle Stock Displays No Indications of Deceleration: Here’s the Reason
Circle CIRCL stock is on the rise, soaring nearly 10 times its IPO value. A variety of factors, including the expansion of USDC, strategic collaborations, and regulatory transparency, are fueling the market demand. Weeks prior to Circle's public debut with a $5 billion
