News

  • Standard Chartered says corporate demand for Bitcoin is about to make it crash

    Standard Chartered says corporate demand for Bitcoin is about to make it crash
    News
  • Nvidia’s new Blackwell chips slash AI training time

    Nvidia’s new Blackwell chips slash AI training time
    Tech

  • Ethereum Foundation adopts active treasury strategy
    News

  • Will IG Group’s crypto push expand access or increase risk?
    News
  • CFTC no longer sees need for crypto-specific risk review in clearing process

    Senate Committee schedules hearing for Trump’s CFTC chair nominee
    News
  • Circle opens at $69 on NYSE, with higher than expected premium over IPO price Circle started its first trading day with a price of $69, surpassing previous predictions of price discovery. The company held its IPO at $31, expecting to open at $44 for a much smaller premium. Circle’s stocks rallied during their debut on NYSE, rising to $69 in early trading. The newly public company with the ticker $CRCL even briefly climbed to $84.92, over 174% above its IPO price of $31. Circle Internet Group is trading 34M listed shares, for a valuation above $2.34B. The current valuation remains slightly lower than the recent proposals from Ripple, Inc., attempting to acquire the company for $5B, later increased to as much as $20B. Despite the offers, Circle aimed to fulfill its goal of becoming a publicly trading company. The CRCL shares were volatile in the first day, trading between $64 and a brief outlier of $103.75. The shares are still discovering their fair price, at a time when crypto and fintech companies are having a revival on the stock market. Jeremy Allaire, founder and CEO of Circle, stated the listing was one of the most exciting moments of his life. https://x.com/circle/status/1930648730803335571 Circle aims to go beyond a stablecoin issuer and build the payment layer for the Internet, spanning both crypto native uses and fintech for everyday payments. ‘At Circle, our mission is to raise global economic prosperity through the frictionless exchange of value has never wavered, and today I am proud to share that Circle is now a public company,’ said Dante Disparte, Chief Strategy Officer at Circle. The public trading for now avoids an acquisition, leaving Circle to develop as one of the widely accepted crypto companies, aiming for wide adoption. USDC boosted Circle’s position with full compliance Circle started its trading after 12 years of development, where the company focused more on compliance, while growing its supply of stablecoins more slowly. Circle’s assets expanded in the past year, after securing wide acceptance in the Euro Area for both USDC and EURC tokens. The asset adapted to multiple crypto-native uses, including DeFi and the Solana ecosystem, where USDC was integrated into meme trading. USDC still carries over $64.47B in value across multiple chains, doubling its supply in the past year. All USDC tokens are backed by real-world assets, compliant with EU-based MiCA regulations. The token managed to avoid delistings, taking up some of the niches of USDT, while also integrating with fintech apps. USDC returned to Stripe, and remains active in other leading payment apps. Circle was also among the first stablecoin issuers to add centralized controls of its tokens. Initially, the feature was taken with a dose of skepticism, but Circle proved instrumental in clawing back finds from hacks and scams. Currently, there are 292 reported frozen addresses by request of authorities. Circle was also called to freeze $57M from the wallets of LIBRA issuers, aiming to compensate those that lost from the meme token crash.

    Circle’s $1.1B IPO values firm at $6.9B
    News
  • live news & hot discussions

    TUNE INTO

    The loudest crypto insights in real time

  • Investor disappointment over Meta deal prompts Citi to cut Constellation Energy rating
    News

  • Ripple CTO’s alarm over Trump wallet reveals crypto’s trust crisis
    News

  • Apple and Alibaba AI launch in China stalled by Beijing regulator
    Tech

  • Nasdaq-listed K Wave Media raises $500M for its Bitcoin treasury
    Bitcoin

  • Elon Musk is not backing down, rallies support against Trump’s big beautiful bill
    News

  • Epic Games moves ahead with risky AI Characters in Fortnite
    Tech
  • Reddit drags Anthropic to court for unauthorized content tapping

    Reddit drags Anthropic to court for unauthorized content tapping
    Tech
  • GlobalFoundries commits to boost local US chip production with $16B

    GlobalFoundries commits to boost local US chip production with $16B
    Tech
  • BEST COINS'26
    TON
    Explore
    ZEC
    Explore
    BTC
    Explore
    DOGE
    Explore
    HYPE
    Explore
  • China turns scrutiny on EU products after Europe hits EV tariffs

    EU caught between China’s push for closer ties and U.S. tariff talks
    Economy
  • Trump said he spoke with Putin for 75 minutes days after public spat

    Trump said he spoke with Putin for 75 minutes days after public spat
    News
  • LinkedIn CEO to oversee Microsoft Office Apps in AI-focused reorganization

    LinkedIn CEO to oversee Microsoft Office Apps in AI-focused reorganization
    Tech
  • Japan's ispace takes second shot at moon landing

    Japan’s ispace takes second shot at moon landing
    Tech
  • Eurozone set to expand as EU greenlights Bulgaria’s accession

    Eurozone set to expand as EU greenlights Bulgaria’s accession
    Economy
  • Stablecoins are the new Bitcoin, market cap hit a new ATH

    Keyrock Research: Stablecoins drive 30% of DeFi revenues
    News

  • JPMorgan will let trading and wealth clients use crypto-linked assets as collateral for loans
    News

  • Binance unveils new liquidity program to boost altcoin liquidity
    News