🚀 Circle Goes Public, Raises $1.1B in IPO
Stablecoin issuer Circle has successfully completed its long-awaited IPO, raising $1.1B in an upsized offering at $31/share, valuing the firm at $6.9B (or $8.1B fully diluted).
🏦 Backed by big names like BlackRock (buying ~10% of IPO shares) and ARK Invest, the deal was 25x oversubscribed, signaling strong investor demand.
💵 Circle’s USDC holds ~29% of the stablecoin market, with $61B in circulation. The company manages $53.3B in reserves through BlackRock’s money market fund.
🇺🇸 IPO lands amid growing calls for stablecoin regulation in the U.S., with Wall Street eyeing entry into the space.
💵 CRCL trading starts Thursday on NYSE.
Stablecoin issuer Circle has successfully completed its long-awaited IPO, raising $1.1B in an upsized offering at $31/share, valuing the firm at $6.9B (or $8.1B fully diluted).
🏦 Backed by big names like BlackRock (buying ~10% of IPO shares) and ARK Invest, the deal was 25x oversubscribed, signaling strong investor demand.
💵 Circle’s USDC holds ~29% of the stablecoin market, with $61B in circulation. The company manages $53.3B in reserves through BlackRock’s money market fund.
🇺🇸 IPO lands amid growing calls for stablecoin regulation in the U.S., with Wall Street eyeing entry into the space.
💵 CRCL trading starts Thursday on NYSE.
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🚀 A solo miner has successfully mined a Bitcoin block and earned a 3.151 BTC reward — over $330,000!
The block (🔗 link) was found without a pool — a rare and lucky win in today's mining landscape dominated by large players.
The block (🔗 link) was found without a pool — a rare and lucky win in today's mining landscape dominated by large players.
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🏦 The US banking giant JPMorgan is launching crypto-backed loans, starting with BlackRock’s Bitcoin ETF (IBIT) as collateral - Bloomberg
🔒 Clients — from retail to HNWIs — will soon be able to borrow against crypto-linked assets, with the bank planning to expand the collateral list over time.
📊 Crypto will also be factored into clients’ liquidity profiles, alongside stocks, cars, and art.
🧊 Despite CEO Jamie Dimon’s ongoing crypto skepticism (calling BTC a “criminal tool”), the bank is moving forward — offering services in response to client demand, not personal opinion.
🔄 A big signal of TradFi embracing crypto, no matter what their CEOs say publicly.
🔒 Clients — from retail to HNWIs — will soon be able to borrow against crypto-linked assets, with the bank planning to expand the collateral list over time.
📊 Crypto will also be factored into clients’ liquidity profiles, alongside stocks, cars, and art.
🧊 Despite CEO Jamie Dimon’s ongoing crypto skepticism (calling BTC a “criminal tool”), the bank is moving forward — offering services in response to client demand, not personal opinion.
🔄 A big signal of TradFi embracing crypto, no matter what their CEOs say publicly.
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💰🇬🇧 UK-based gold mining company Bluebird Mining is shifting from Gold to Bitcoin as a store of value
The firm announced plans to sell part of its gold reserves and convert them into BTC, citing Bitcoin’s growing popularity and its rising role as “digital gold.” 🧐
🐦 Bluebird claims gold’s dominance as a hedge asset is under threat, and this move marks a strategic step toward the digitalization of value storage.
The firm announced plans to sell part of its gold reserves and convert them into BTC, citing Bitcoin’s growing popularity and its rising role as “digital gold.” 🧐
🐦 Bluebird claims gold’s dominance as a hedge asset is under threat, and this move marks a strategic step toward the digitalization of value storage.
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📈 CryptoQuant: Hash Ribbon Flashes Buy Signal!
The Hash Ribbon indicator — which tracks miner activity via 30/60-day Hash Rate averages — has signaled the end of miner capitulation for the first time since the recent halving. 👀
This comes as the Hash Rate hits a new ATH of 638 EH/s, with miners upgrading equipment and resuming operations, reducing their need to sell BTC. 🔥
Historically, this signal has preceded strong upward price movements, as selling pressure from miners eases. A bullish sign for Bitcoin! 🚀
The Hash Ribbon indicator — which tracks miner activity via 30/60-day Hash Rate averages — has signaled the end of miner capitulation for the first time since the recent halving. 👀
This comes as the Hash Rate hits a new ATH of 638 EH/s, with miners upgrading equipment and resuming operations, reducing their need to sell BTC. 🔥
Historically, this signal has preceded strong upward price movements, as selling pressure from miners eases. A bullish sign for Bitcoin! 🚀
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🔥 Elon vs. Trump: Twitter War Escalates
Elon Musk just accused Donald Trump of pedophilia, claiming he’s mentioned in the sealed Epstein files 😮
Trump hit back saying he’d win elections without Elon’s help — Musk insists his support was crucial.
Meanwhile:
📉 Tesla stock: -14.46%
📉 Trump Media: -7.54%
📉 BTC: $101K
Musk didn’t stop there — he’s now threatening to halt SpaceX’s Dragon missions for NASA and is backing calls for Trump’s impeachment.
Some say it’s chaos. Others — market manipulation. But who knows? Maybe in two days they’ll hug it out and say “it was all a misunderstanding.” 🤷♂️
Not financial advice. Just late-night drama too wild to ignore.
Elon Musk just accused Donald Trump of pedophilia, claiming he’s mentioned in the sealed Epstein files 😮
Trump hit back saying he’d win elections without Elon’s help — Musk insists his support was crucial.
Meanwhile:
📉 Tesla stock: -14.46%
📉 Trump Media: -7.54%
📉 BTC: $101K
Musk didn’t stop there — he’s now threatening to halt SpaceX’s Dragon missions for NASA and is backing calls for Trump’s impeachment.
Some say it’s chaos. Others — market manipulation. But who knows? Maybe in two days they’ll hug it out and say “it was all a misunderstanding.” 🤷♂️
Not financial advice. Just late-night drama too wild to ignore.
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The Musk vs. Trump clash continues to affect the crypto market 📊
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone 📉
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile — watch sentiment closely 👀
Amid their feud, crypto market cap dropped by ~3%, and the Fear & Greed Index slid to 45, entering the Fear zone 📉
Bitcoin briefly dipped near $100K, and has since recovered to $103K, but so far the bounce looks more like a pullback, not a full trend reversal.
Market remains fragile — watch sentiment closely 👀
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🚀 Circle ($CRCL), issuer of the USDC stablecoin, officially debuted on the NYSE yesterday evening!
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 — more than 160% up from IPO price at peak 🎯
Circle is behind USDC, the world’s second-largest stablecoin with $61B in circulation, holding about 30% of the market. 💰
For comparison:
• USDT (Tether) — $153B
• USDe (Ethena) — $5.83B
• DAI — $5.36B
A strong Wall Street debut for a key player in crypto 🔥
The IPO was priced at $31, but the stock opened at $69 and briefly surged to $104, before settling near $81 — more than 160% up from IPO price at peak 🎯
Circle is behind USDC, the world’s second-largest stablecoin with $61B in circulation, holding about 30% of the market. 💰
For comparison:
• USDT (Tether) — $153B
• USDe (Ethena) — $5.83B
• DAI — $5.36B
A strong Wall Street debut for a key player in crypto 🔥
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📉 Arthur Hayes: The ICO mania of 2017 is evolving into an IPO frenzy for 2025–2027.
Referencing Circle’s recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO — similar to EOS in 2017 — will suck in billions of fiat… and crash spectacularly on day one. 🤔
🔙 Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. 👀
Hayes’ message: Don’t let IPO hype blind you — history might be repeating itself.
Referencing Circle’s recent IPO, Hayes warns this is just the beginning. He predicts a massive, overhyped crypto IPO — similar to EOS in 2017 — will suck in billions of fiat… and crash spectacularly on day one. 🤔
🔙 Reminder: EOS raised $4.2B in its ICO, only to face centralization issues and tech failures that crushed its token price by over 80% by 2019.
Now rebranded as Vaulta, the project aims to bury its troubled past by shifting toward Web3 banking and merging DeFi with TradFi. 👀
Hayes’ message: Don’t let IPO hype blind you — history might be repeating itself.
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💰 Strategy has quadrupled its offering of perpetual preferred STRD shares — from $250M to a whopping $1 billion, priced at $85 per share
This major upsizing signals strong investor interest and gives Michael Saylor’s firm a huge capital boost. 🚀
As for where the money’s going? That’s not a mystery. Spoiler:it starts with a "B" and ends with "itcoin." 🟧
This major upsizing signals strong investor interest and gives Michael Saylor’s firm a huge capital boost. 🚀
As for where the money’s going? That’s not a mystery. Spoiler:
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📈 Trump to Pump? 😁
Trump Media is reportedly planning to raise a whopping $12B — and rumor has it, part of the funds could be used to buy Bitcoin. 🤑
Following yesterday’s drama, BTC has already bounced back above $104K — and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. 🌊
Trump Media is reportedly planning to raise a whopping $12B — and rumor has it, part of the funds could be used to buy Bitcoin. 🤑
Following yesterday’s drama, BTC has already bounced back above $104K — and if this Trump-fueled liquidity wave hits, we might be in for another wild ride. 🌊
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Crypto soothsayer
💰 Strategy has quadrupled its offering of perpetual preferred STRD shares — from $250M to a whopping $1 billion, priced at $85 per share This major upsizing signals strong investor interest and gives Michael Saylor’s firm a huge capital boost. 🚀 As for where…
🇯🇵 Metaplanet plans to raise $5.3B through a record-breaking issuance of 555M shares via warrants to buy Bitcoin
🚀 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japan’s negative interest rates and yen devaluation. This is Japan’s largest-ever warrant issuance — and the first with floating strike prices. 🔥
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year — a wild comeback after a decade-long slump.📈
🚀 96% of the funds will go toward BTC, with the goal of accumulating 210,000 BTC (~1% of total supply) by 2027.
The move is a hedge against Japan’s negative interest rates and yen devaluation. This is Japan’s largest-ever warrant issuance — and the first with floating strike prices. 🔥
Metaplanet already holds 8,888 BTC (~$920M), with an average entry price of ~$108K. Its stock ($3350 TSE) has surged 5,000% over the past year — a wild comeback after a decade-long slump.📈
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🚀 Bitcoin kicks off the week above $105K
Meanwhile, spot Ethereum ETFs are on fire — seeing 15 straight days of inflows totaling $837M. 💰
In contrast, Bitcoin ETFs saw a weekly outflow of $128.81M as investors remain uncertain. The spotlight seems to be shifting towards ETH — is a new trend forming? 👀
Meanwhile, spot Ethereum ETFs are on fire — seeing 15 straight days of inflows totaling $837M. 💰
In contrast, Bitcoin ETFs saw a weekly outflow of $128.81M as investors remain uncertain. The spotlight seems to be shifting towards ETH — is a new trend forming? 👀
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💰 Paolo Ardoino boasts: If Tether went public today, it would be worth around $515B, according to Artemis analysts. 🧐
That would make it the 19th most valuable company in the world — ahead of giants like Oracle, Costco, and Coca-Cola. 💪 Stablecoins are no joke anymore.
That would make it the 19th most valuable company in the world — ahead of giants like Oracle, Costco, and Coca-Cola. 💪 Stablecoins are no joke anymore.
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Crypto soothsayer
💰 Paolo Ardoino boasts: If Tether went public today, it would be worth around $515B, according to Artemis analysts. 🧐 That would make it the 19th most valuable company in the world — ahead of giants like Oracle, Costco, and Coca-Cola. 💪 Stablecoins are no…
Paolo Ardoino shared a snapshot from Bolivian supermarkets where prices are listed in USDT — not fiat 🙀
A powerful sign of stablecoins going mainstream and fiat losing ground in real-world use cases. 🤔
The rise of digital dollars is no longer theoretical — it’s on the shelves.
A powerful sign of stablecoins going mainstream and fiat losing ground in real-world use cases. 🤔
The rise of digital dollars is no longer theoretical — it’s on the shelves.
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