USDC issuer Circle raises $222M in Arc token presale valued at $3B
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Circle raised $222 million in an ARC token presale led by a16z Crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.
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Circle raised $222 million in an ARC token presale led by a16z Crypto as Q1 revenue hit $694 million and USDC circulation climbed to $77 billion.
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Crypto ETPs drew $858 million in inflows last week, led by Bitcoin with $706 million, as sentiment improved and short-BTC funds saw $14 million of outflows.
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Polish prosecutors are investigating Zondacrypto over alleged fraud and fund access issues, while local media report that CEO PrzemysΕaw Kral is in Israel.
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OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements and marking a key step in its US expansion following ICE investment.
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US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1.9 billion, surpassing their March run over a similar period.
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Strategy bought 22,337 Bitcoin for $1.57 billion last week, lifting total holdings to 761,068 BTC as it funds purchases through record sales of its STRC preferred stock.

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Hana Financial Group will collaborate with Standard Chartered on digital assets following its stablecoin partnership with USDC issuer Circle earlier in March.
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Crypto ETPs recorded $1.06 billion in inflows last week, led by Bitcoin and Ethereum, marking three straight weeks of gains despite geopolitical stress.
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US-listed spot Bitcoin ETFs have shed $238 million this week, potentially setting up the first five-week outflow streak since March 2025.
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Crypto funds saw $173 million outflows last week as Bitcoin and Ether slipped, while XRP and Solana bucked the trend across global markets.
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OKX secured a Malta payment institution license to support EU-compliant stablecoin services, including OKX Pay and the OKX Card.
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Cathie Woodβs ARK Invest bought nearly $50 million of Robinhood, Bullish and Circle shares as Bitcoin dipped and US spot BTC ETFs saw $276 million in outflows.
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The EU plans to ban crypto transactions with Russia by shutting down all related channels, but analysts question whether the measure is fully enforceable.
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Arkham CEO denies shutdown reports as the exchange pivots from a CEX to a fully decentralized model amid record DEX derivatives growth.
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Spot Bitcoin ETFs have posted $311 million inflows this week, almost offsetting last weekβs $318 million outflows, even as BTC fell 13%.
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Crypto ETP outflows slowed to $187 million after weeks of losses, with a record $63 billion in trading volume, suggesting a βpotential market nadir,β CoinShares said.
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ARK Invest sold $17.4 million in Coinbase while buying $17.8 million of Bullish shares, signaling a major shift in strategy as crypto markets stumble.
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Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over βpaper Bitcoinβ and scarcity.
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House Democrats probe $500 million UAE investment in Trump-linked WLFI, highlighting questions over dealings with the country's national security adviser.
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Bitcoin ETFs saw $545 million in daily outflows as BTC neared $70,000, though analysts said most investors were holding positions despite market weakness.