Circle Stuns Wall Street With 167% IPO Pop as Stablecoins Go Mainstream
The crypto world’s quiet giant made a thunderous entrance to Wall Street yesterday as Circle, issuer of the USDC stablecoin, saw shares rocket 167% in their NYSE debut.
Institutional Bitcoin ETF Demand Dips—Is the Rally Losing Steam?
Q1 2025 marked a turning point for Bitcoin ETFs: institutional holdings fell for the first time since launch, dropping 23% to $21.2 billion.
JPMorgan to Begin Accepting Cryptocurrency ETFs as Loan Collateral
JPMorgan Chase & Co. will soon permit qualified clients to utilize cryptocurrency-linked exchange-traded funds (ETFs) as collateral for loans.
Circle’s IPO Valuation Climbs to $6.9B with Latest Pricing Adjustment
Circle Internet Group has adjusted its IPO terms yet again, now targeting $1.05 billion by pricing shares at $31—surpassing its prior $27-$28 range.
Hong Kong Expands Crypto Market with Professional Investor Derivatives
The Hong Kong Securities and Futures Commission (SFC) has announced plans to introduce regulated digital asset derivatives trading exclusively for professional investors.
California Bill to Enable Crypto Payments Advances to Senate
A California bill that would permit state agencies to accept cryptocurrency payments has passed the Assembly unanimously.
South Korea Chooses Crypto Over Conservatism in Historic Election
In a decisive rebuke to political instability, South Korean voters elected pro-crypto reformist Lee Jae-myung as president.
