Crypto News

Circle, the issuer of the USDC stablecoin, is aiming for a fully diluted valuation of up to $7.2 billion in its upcoming initial public offering, according to a Monday filing with the Securities and Exchange Commission (SEC).The company now plans to offer up to 32 million shares priced between $27 and $28 each, up from 24 million shares at $24 to $26 when it first filed in May. The move suggests investor interest in Circle’s business is growing, and possibly heating up faster than expected.That interest appears to be coming from some of the world’s most influential investors. In May, it was reported that BlackRock, the world’s largest asset manager, is considering purchasing up to 10% of Circle’s IPO shares,...

This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, June 2nd, 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced a strategic partnership with Kronos Research, a top quantitative trading firm, bringing enhanced market liquidity and trading efficiency to Bitget traders and institutional clients. By integrating Kronos’s advanced capabilities, BitgetSource link

The firm acquired about $75 million in Bitcoin, and its holdings of the asset now total more than $60 billion.Source link

Shares of SharpLink Gaming (SBET) slipped 30% in early trading Monday, giving back a small bit of last week's 2,000% surge.The historic move higher — the stock moving from less than $3 to above $100 at one point — came following news that Sharplink was raising $450 million to launch an ether ETH treasury strategy, with ether co-founder Joseph Lubin to join the company board as chairman.The company Monday morning announced the closing of that fundraising.SharpLink sold 69 million shares to raise the capital. Pharmaceutical entrepreneur Martin Shkreli last week noted that most of those shares can’t be freely traded yet. “The 69 million shares issued are subject to a registration rights agreement, which be effective for months. Those...

Bitcoin has mostly shrugged off tumult from a fresh round of tariffs as President Donald Trump enacts new trade policies.Source link