What Happened in Crypto Markets Today?

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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, 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, Bitcoin surged 2.3% after US President Donald Trump rejected Iran’s peace proposal, and Michael Saylor signaled that Strategy would buy BTC again, days after suggesting it could sell some Bitcoin.

Circle raises $222 million in Arc token presale valued at $3 billion
Circle Internet Group agreed to sell 740 million ARC tokens for $222 million in a private placement led by a16z crypto, valuing the Arc blockchain network at $3 billion on a fully diluted basis.

The New York Stock Exchange-listed issuer of the USDC stablecoin disclosed the token presale Monday alongside its first-quarter 2026 results, which showed higher revenue and reserve income but lower net income.

The round was led by a16z crypto and backed by a consortium including BlackRock, Apollo Funds, ARK Invest, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group and Standard Chartered Ventures.


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