Crypto News
CoreWeave Stock Debuts at $39 After Selling Shares for $40 A Piece
Shares of CoreWeave (CRWV) opened at $39 apiece during the company’s debut on Nasdaq on Friday afternoon, just under its initial public offering which closed Thursday evening.The cloud computing firm had sold roughly 37.5 million shares at $40 each, raising about $1.5 billion for its initial public offering (IPO), making it the largest tech offering since 2021. It had, however, initially planned to file the offering at $47 to $55 a share at a much higher valuation than it ultimately saw.Nvidia, an early investor in the company, placed a $250 million order in the offering.Some experts speculated that the stock’s debut wouldn’t see the success it had hoped for. Bloomberg Opinion US technology columnist Dave Lee, for example, pointed out...
Bitcoin Reserve ‘Crucial’ for Brazil’s Prosperity: Lula Administration
A remark earlier this week by the chief of staff to Brazil's vice president underscored the country's heightened interest in Bitcoin.Source link
How Yescoin’s Strategic Alliances and a Growing Market Influence Position it for 2025 Dominance
This content is provided by a sponsor. Investing in cryptocurrency has become evermore complicated due to the speculative tokens and abandoned roadmaps. Yet, some have taken the initiative to change this narrative. Yescoin, a Telegram-based Web3 platform, offers strategic partnerships with industry influencers. These influencers help the platform with self-sustaining ecosystem products. Strategic Collaborations: BuildingSource link
Why ‘Off the Grid’ Maker Gunzilla Revived Game Informer Magazine
Formerly owned by GameStop, Game Informer will retain editorial independence—but Gunzilla still thinks it can benefit Off the Grid players and GUNZ network users.Source link
CoinDesk Weekly Recap: Stablecoins, Stablecoins, Stablecoins
It was a bad week for crypto prices, with BTC and ETH both falling and the CoinDesk 20, which covers 80% of the market, losing 7% since Monday.
But less speculative assets showed plenty of volume. Stablecoins, in particular, were the name of the game this week.
The U.S. House introduced a stablecoin bill, following up on the Senate version that was approved by committee last week. Jesse Hamilton reported. Wyoming (aka “The Blockchain State”) wants its own stablecoin and it’s testing the idea on Avalanche, Solana and Ethereum, Kris Sandor reported.World Liberty Financial (WLFI), the financial protocol backed by Donald Trump and his family, confirmed the launch of its stablecoin (USD1) this week. And Don Trump Jr. trumpeted the...