Crypto News
Why Circle’s ‘Super Positive’ IPO Could be Bullish for Ethereum: Analysts
As blockchain-based infrastructure, Ethereum underpins a core component of Circle’s business model.Source link
Weekly Recap: Circle Scores Big on IPO Fever
It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its shares were priced at $110 at press time (up from $31 Wednesday), leading many to expect a summer and fall of crypto-themed IPOs. On the other, we saw HyperLiquid trader James Wynn go from having a $100 million BTC position one day to a massive loss the next. (Kids, beware the big, bad leverage monster).Most of the market portents looked good, though. Crypto money-raising season was in full swing.Groups doubled-down on the Bitcoin Treasury Strategy, not least Metaplanet, Japan’s answer to Michael Saylor’s Strategy. Pump.Fun, Solana’s memecoin juggernaut, said it...
House Democrats Sound Alarm on CLARITY Act: Impact ‘Will Not Be Quarantined to Crypto’
Experts said the CLARITY Act crypto market structure bill will encourage TradFi firms to adopt blockchain as a means to evade regulation.Source link
Circle’s 288% Spike Shocks Wall Street as CRCL Continues to Rally After IPO Debut
Since its debut on the New York Stock Exchange (NYSE), stablecoin issuer Circle Internet Financial’s stock, CRCL, has appreciated by more than 288%. CRCL Skyrockets on NYSE, Crypto Social Media Chimes In Circle Internet Financial (NYSE: CRCL) has drawn substantial investor interest, with its value climbing swiftly. Notably, Ark Invest acquired 4.48 million CRCL sharesSource link
Circle Stock Climbs: CRCL Quadruples IPO Price as Bitcoin Regains
USDC issuer Circle's share price is still climbing on its second trading day as it came within pennies of quadrupling its $31 IPO price.Source link