Bitget App
Trade smarter
News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
No results1Bitget Daily Digest (Nov 12)|Solana financial firm Upexi posts record quarterly results; Nick Timiraos: “Fed increasingly divided over December rate cut”; Injective launches native EVM mainnet, advancing MultiVM roadmap2Zero flow to Bitcoin ETFs: The market sulks despite a favorable context3Chainlink Price Prediction 2025: Is LINK Positioned to Gain Most from Tokenization Growth?
Flash
- 11:47Japanese stablecoin issuer JPYC: Stablecoin issuers may become major buyers of Japanese government bondsJinse Finance reported that Tokyo-based JPYC, the issuer of Japan's first yen-pegged stablecoin, stated that as reserves increase, the issuer could become a major buyer of Japanese Government Bonds (JGB). JPYC began issuing its yen token "JPYC" on October 27, based on Japan's revised Payment Services Act—the country's first legal framework for stablecoins. The company has so far issued tokens worth approximately $930,000 and plans to reach a circulation of $66 billion within the next three years. JPYC plans to invest 80% of the proceeds from issuance into Japanese Government Bonds, with the remaining 20% deposited in banks, initially focusing on short-term securities.
- 11:46BitFuFu Releases Q3 Financial Report: Bitcoin Holdings Increase to 1,962, Revenue Exceeds $180 MillionJinse Finance reported that Nasdaq-listed Bitcoin mining company BitFuFu released its third-quarter financial report, disclosing a mining output of 174 BTC in the third quarter. As of September 30, the total Bitcoin holdings increased to 1,962 BTC, a year-on-year growth of 19.8%. In addition, the company revealed that total revenue for the third quarter was $180.7 million (with $20.1 million from self-mining operations), representing a 100.1% increase compared to $90.3 million in the same period last year.
- 11:42Circle's total revenue and reserve income for Q3 reached $740 million, with a net profit of $214 million.Jinse Finance reported that Circle Internet Group, Inc. (stock code of a certain exchange) today released its Q3 2025 financial report. USDC circulation reached $73.7 billion, a year-on-year increase of 108%. The company's total revenue and reserve income were $740 million, up 66% year-on-year; net profit reached $214 million, a year-on-year increase of 202%. Meanwhile, Circle announced the successful launch of the Arc public testnet, attracting participation from over 100 financial and technology companies, and is exploring the possibility of launching a native Arc network token. The company also raised its other income forecast for fiscal year 2025 to $90 million to $100 million.