Dig Deeper, Invest Smarter
Robinhood has launched its Ethereum (ETH) and Solana (SOL) staking services in the US, allowing users to earn rewards by staking their digital assets. The feature, which was previously available to Robinhood’s European customers, now brings the ability to stake ETH and SOL directly through the platform for US users. Robinhood Staking Process and Rewards
The post Breaking: Robinhood Ethereum and Solana Staking Goes Live for US Customers appeared first on CoinGape.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), has entered into a memorandum of understanding (MoU) with Circle Internet Group to explore new product innovations using Circle’s USDC stablecoin and USYC tokenized money market fund.
The collaboration aims to leverage the capabilities of these digital assets to enhance ICE’s existing offerings across its various markets and services.
The partnership between NYSE’s ICE and Circle is designed to integrate Circle’s stablecoin, USDC, and the tokenized money market fund, USYC, into ICE’s range of services, including derivatives exchanges and clearinghouses.
As cited by Lynn Martin, the president of the NYSE, the integration is to open great potential for wider adoption of Circle’s stablecoins across capital markets.
According to Martin, ”We think that our regulated stablecoins or tokenized digital currencies will be even more relevant to capital markets as the coins are expected to be accepted by fair and informed market players as another equivalent to USD.”
The two parties will seek to identify potential sectors where USDC and USYC are likely to be of relevance, which are aimed at promoting stability as well as efficiency in financial markets.
To seek possible solutions that achieve tangible value addition to the company, ICE proposes examining how it might integrate Circle’s USDC and USYC into the organization’s workflow. As a player in the global financial markets, ICE offers technology and data solutions to many institutions.
By incorporating Circle’s digital assets, it will be able to perform a unique role of linking conventional financial structures and new digital currencies. USDC is a stablecoin developed by Circle, with each token having a value equivalent to that of one US dollar. It is fully supported by cash and cash equivalent securities and its redeemable at face value which makes it highly liquid.
BREAKING NEWS: Global exchange and capital markets giant Intercontinental Exchange (ICE) and Circle moved towards the integration of USDC into their markets products and infrastructure.
In a major development in the stablecoin market, today we announced an agreement with ICE, to…
— Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) March 27, 2025
With over $60 billion in circulation, USDC ranks among the largest stablecoins as of 2025 in March. The stablecoin is mainly used in the cryptocurrency market although it has extended its applicability to payment systems and cross border transactions. At the same time, Circle has listed its USDC stablecoin in Japan. This comes after one of Circle’s local partner was recently approved to list the digital currency after it got the green light from the regulators.
In conjunction with USDC, both ICE and Circle are expected to consider employing USYC, a money market fund tokenized. USYC is supposed to be a stable and efficient instrument for investing in short-term debt securities and its liquidity is as close to money market funds.
It is created by Hashnote, a company that was bought by Circle. As for now, Circle pursues the money market funds tokenization to make its shares more accessible, transparent, and efficient for investors interested in short-term loans without having a full-fledged business model.
Other potential uses of the USYC include the implementation of the system in ICE clearinghouses and other financials. This could provide additional approaches to addressing the issue of liquidity while also embracing blockchain capabilities for enhancing operations.
As the regulatory landscape surrounding cryptocurrencies continues to evolve, the partnership between ICE and Circle signals a broader trend of traditional financial institutions adopting digital assets. Since all governments, including that of the United States, are developing legislation on stablecoins, the application and implementation of digital assets are likely to rise.
USDC is one of the most popular stablecoins in the world and its further perspective to become a reliable means of carrying out operations on financial markets is gradually developing. This collaboration may serve as a crucial point in the evolution of the digital currencies in the traditional finance as it enables the latter to create products that would correspond to the existing industry standards.
Both businesses are confident that their cooperation will help in enhancing the use of digital currencies and stablecoins in the global financial market. Given that many financial giants like Fidelity Investments and CME Group are also experimenting with tokenization and stablecoin solutions, it can be seen that mainstream adoption of digital assets is a growing trend.
The post Just In: NYSE’s ICE and Circle To Develop New Solutions Using USDC and USYC Stablecoins appeared first on CoinGape.
The ongoing Ripple vs. SEC lawsuit may conclude without any changes to the $125 million judgment against Ripple, according to attorney Fred Rispoli.
The legal expert suggested that the Securities and Exchange Commission (SEC) might be waiting for new leadership before making a final decision. This has led to discussions about whether Ripple could negotiate a reduced penalty or alternative settlement.
The US SEC, currently led by a 2-1 pro-crypto commission under acting Chair Mark Uyeda, has not dropped its case against Ripple, despite withdrawing other cryptocurrency-related lawsuits. Legal analysts Fred Rispoli in an X post believes the agency is waiting for new SEC Chair candidate Paul Atkins to take office before making further decisions on the case.
Fred Rispoli has argued that dropping the appeal while keeping the $125 million fine would save the SEC from further legal battles.
“The best satisfaction of this, if true, is that it nullifies the thousands of hours of work put in by SEC staff to get the $125M judgment,” Rispoli stated in a post on X.
The Ripple vs. SEC lawsuit remains one of the most complex legal battles in the cryptocurrency industry. While the SEC recently closed cases against Kraken, Coinbase, and ConsenSys, it has yet to take similar action against Ripple. Some legal experts believe the injunction on Ripple’s institutional sales of XRP may be a key factor in the delay.
There has been speculation that Ripple could settle the $125 million fine by transferring XRP instead of cash. Vincent Van Code, a market analyst, suggested that Ripple might be negotiating to pay the fine in XRP, which could then be allocated to a government-controlled cryptocurrency reserve.
According to Van Code, “Some are speculating that Ripple, rather than pay $125 million in dollars, provides the equivalent in XRP to the new crypto strategic reserve.” However, attorney Rispoli doubts that such an arrangement is likely, given the slow progress in legal proceedings.
Meanwhile, Ripple’s escrow holdings, which contain approximately 37.1 billion XRP, have been at the center of discussions regarding potential government acquisitions. Over the weekend, U.S. President Donald Trump confirmed that XRP would be part of the country’s digital asset reserve, fueling speculation that Ripple’s escrow could be involved in the legal negotiations.
The Ripple vs. SEC lawsuit has focused on whether XRP should be classified as a security. In 2023, Judge Analisa Torres ruled that Ripple’s institutional sales of XRP were securities transactions, leading to the $125 million fine. Ripple has since been working to challenge the injunction that restricts certain sales of XRP to banks and payment processors.
According to legal experts, Ripple’s efforts to overturn the injunction could be a reason why the SEC has not yet dropped its case. Attorney Jeremy Hogan has suggested that Ripple may be engaging with the Second Circuit Court of Appeals to contest the ruling.
Meanwhile, Ripple Chief Technology Officer (CTO) David Schwartz has dismissed concerns about XRP inflation. Schwartz reaffirmed that XRP’s total supply cannot be increased under the XRP Ledger’s code.
“There is literally no function to create any more XRP. The code to do such a thing does not exist,” he stated.
As for the Ripple vs. SEC lawsuit, it is currently under review at the Second Circuit Court of Appeals. The SEC submitted its arguments to the court on January 15, 2025, and Ripple has until April 16 to file its response.
The post Ripple vs. SEC Lawsuit Could End with $125M Judgment Still in Place, Says Lawyer appeared first on CoinGape.
The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News
Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime.
In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first learned about it that he could barely sleep. “I was afraid someone else would figure it out before me and buy it all,” he laughed.
Since then, Saylor has transformed into one of Bitcoin’s loudest and most influential advocates, rallying both Wall Street and retail investors alike. Some even argue that the reason institutional giants are finally paying attention to Bitcoin is because Saylor kept preaching about it — and people listened.
But with Bitcoin’s price steadily rising and major players like BlackRock, Fidelity, and other financial heavyweights stepping into the crypto arena, isn’t it getting harder for Saylor to keep adding to his stack? Not at all, according to him. In fact, he believes this is exactly how Bitcoin was designed to work.
“It gets exponentially harder to acquire Bitcoin over time — and that’s what makes it valuable and secure,” Saylor explained.
Saylor pointed out how the crypto industry has matured in recent years. Gone are the days of risky, overleveraged companies like FTX and Terra Luna steering the market. Now, established financial institutions with “permanent capital” are moving in, reducing volatility and making Bitcoin a more stable, long-term asset.
Perhaps the boldest moment came when Saylor predicted Bitcoin’s price trajectory — claiming it could one day hit $10 million per coin. And no, he won’t stop buying when it does.
“I bought it at $10,000, I’ll buy it at $100,000, at a million, and at $10 million,” Saylor said confidently. “Because by then, the entire ecosystem will be less risky and it’ll still be a better bet than the S&P 500 or a warehouse in Siberia.”
He also shared his take on how mainstream adoption will look. According to Saylor, the day your bank offers to buy Bitcoin for you on your phone is the day a single Bitcoin will already cost a million dollars. And when banks start recommending it like a hot stock tip? That’s when Bitcoin’s price could be pushing $10 million.
The post Bitcoin to $10 Million? Michael Saylor Makes His Boldest Prediction Yet appeared first on Coinpedia Fintech News
Bitcoin’s biggest cheerleader, Michael Saylor, is at it again — and he’s doubling down on his belief that Bitcoin isn’t just the future, it’s the investment opportunity of a lifetime. In a recent interview with David Lin, the MicroStrategy co-founder opened up about his early Bitcoin days, admitting he was so obsessed when he first …