Articles

  • 1 week ago | cnbc.com | Tanaya Macheel

    Omar Marques | Lightrocket | Getty ImagesEther ETFs have finally come to life this year after some started to fear they may be becoming zombie funds. Collectively, the funds tracking the price of spot ether are on pace for their sixth consecutive week of inflows and eight positive week in the last nine, according to SoSoValue.

  • 1 week ago | cnbc.com | Tanaya Macheel

    Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSEShares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act. The stock was up 14% in premarket trading as excitement continued to build. The bill passed the Senate on Tuesday, and shares rose 33% on Wednesday. The market was closed Thursday for the Juneteenth holiday.

  • 1 week ago | cnbc.com | Tanaya Macheel

    ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCircle, Coinbase shares rise after Senate passes stablecoin legislationCNBC's Tanaya Macheel report on news regarding stablecoin legislation.

  • 1 week ago | cnbc.com | Tanaya Macheel

    What to expect as the GENIUS Act stablecoin bill advances to the House: CNBC Crypto WorldOn today's episode of CNBC Crypto World, bitcoin and ether hover ahead of an interest rate decision from the Fed. Plus, hackers claim to steal $90 million from an Iranian crypto exchange. And, Kristin Smith of Solana Policy Institute explains what's next after the Senate passes the GENIUS Act stablecoin bill.

  • 1 week ago | cnbc.com | Tanaya Macheel

    Payment stocks took a hit on Friday following a Wall Street Journal report that Amazon and Walmart are exploring the possibility of using or issuing their own stablecoins. Analysts and investors say that may have been a little hasty. Stablecoins provide a way to move the value of U.S. dollars using cryptocurrency rails instead of traditional banking rails.

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Tanaya Macheel
Tanaya Macheel @tanayamacheel
17 May 25

RT @jayhinz: the Bushwick rebel era of crypto is ending and the Manhattan stablecoin suit era is beginning

Tanaya Macheel
Tanaya Macheel @tanayamacheel
12 May 25

RT @MarcHochstein: Fun fact: Discover was originally spawned by the Sears department store chain, and for a while the card issuer was owne…

Tanaya Macheel
Tanaya Macheel @tanayamacheel
12 May 25

Coinbase joining S&P 500, replacing Discover Financial @CNBC https://t.co/JOu0yEfD6r