Circle and Coinbase stock declined amid market sell-off as ethics concerns regarding Donald Trump's profits impacted a bill.
1 report, 1 independent
Updated Sep 15
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What happened
Circle and Coinbase stock declined amid market sell-off as ethics concerns regarding Donald Trump's profits impacted a bill.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Developments on July 4, 2025, included reports of Trump's tariff policy causing Bitcoin price drops, Cathie Wood's advocacy for BTC, and specific corporate holdings/partnerships involving Circle, Coinbase, and Kraken.Also in this story
- Legislation could open floodgates for U.S. companies, while bullish targets remain for Bitcoin despite recent market downturn.
- Cathie Wood believes Bitcoin is set to go sky high, her views are discussed regarding Trump, and her firm holds Amazon.
- Payward is expanding into South Korean markets and bringing Hong Kong-listed stocks onchain, competing in the tokenized equities market.
- Punitive tax regimes are hindering entrepreneurial growth in the crypto movement, which is becoming tied to the political establishment.
The entities involved
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Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
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Coinbase
American company that operates a cryptocurrency exchange platform
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)