Analysis Archive – Page 205

Y Combinator Just Sent Its First Check in USDC, and It Landed on Solana
Y Combinator funded prediction market startup Totalis with $500K in USDC settled on Solana, the first stablecoin disbursement in YC's 20-year history.

X Money Launches With Visa, 6% Yield, and an Ex-Aave Hire Nobody Expected
X Money rolls out with a Visa debit card, 6% yield, and 40+ state licenses. A quiet hire from Aave and Base hints at crypto rails under the hood.

Tillis Will Release the Stablecoin Yield Draft This Week, and Both Sides Hate Parts of It
Senator Thom Tillis plans to publish the stablecoin yield compromise text this week, aiming to break the bank-crypto standoff holding up the CLARITY Act.

ClearBank Is the First Dutch Bank to Use MiCA's Fast Track for Crypto Services
ClearBank Europe used MiCA's 40-day notification route to become the first Dutch credit institution offering EURC and USDC to institutional clients.

Crypto Dad Giancarlo Quits Willkie Farr to Advise Crypto Founders Full Time
Former CFTC Chair Chris Giancarlo retires from Willkie Farr after six years to focus on crypto advisory, private investments, and a CryptoDad sequel.

Bitcoin Nears 75,000 Dollars as Iran Offers to Suspend Its Nuclear Program for Five Years
BTC surged to $74,338 after Iran proposed a five-year nuclear suspension, extending the diplomatic thaw that began with a two-week ceasefire on April 8.

BitMine Crosses 4% of All Ethereum After Another 71,524 ETH Purchase
BitMine now holds 4.87 million ETH, 4.04% of circulating supply, after its latest weekly buy. The company also uplisted to the NYSE and expanded its buyback to $4 billion.

Bitcoin Exchange Inflows Drop to 2020 Levels as Sellers Dry Up
Binance's 30-day average BTC inflow has fallen to ~3,998 BTC, a 6-year low. Exchange reserves sit at 2.21M BTC, the lowest since 2017.

StarkWare Cuts Staff and Splits Into Two Units After Starknet Revenue Falls 99%
StarkWare is restructuring into two business units and cutting jobs after Starknet's monthly fee revenue dropped from $6 million to $48,000.

XRP Pulled 120 Million Dollars in ETP Inflows Last Week, and Switzerland Wrote Most of the Checks
CoinShares data shows XRP captured $120M of $224M in global crypto ETP inflows. Switzerland accounted for 70% of the demand.
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