Senate Passes Stablecoin Bill
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Arthur says Circle’s IPO signals the start of a stablecoin bubbleArthur Hayes says the crypto industry is walking straight into a minefield. In his latest essay, Assume the Position, Arthur called Circle’s IPO the beginning of what he sees as a reckless wave of stablecoin startups,
Circle shares (NASDAQ:CRCL) have been on a tear since their initial public offering (IPO) earlier this month. Circle shares were initially priced at
David Zaslowsky of Baker McKenzie discusses developments toward a legal framework for digital assets and integration of them into traditional finance, noting the Initial Public Offering of Circle Internet Group and legislation in Congress.
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
BitMEX co-founder Arthur Hayes warns that “Circle Copycats” are likely doomed to fail in an upcoming stablecoin mania.
Wall Street’s ETF machine kicked into high gear just hours after Circle Internet Group Inc. went public, riding the frenzied initial public offering of the stablecoin giant as crypto technologies enter mainstream finance.
Circle Internet Group, Inc. is well-positioned to benefit from the rapid adoption of stablecoins. Click here to read an analysis of CRCL stock now.
Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.
Circle Internet Group Inc. had one of the splashiest debuts in years, with shares surging 168% after the company and some of its shareholders raised nearly $1.1 billion in an upsized initial public offering.
Stablecoin company Circle Internet Group is expected to list its stock on the New York Stock Exchange on Thursday in a long-awaited IPO.
ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily email. The ARK Innovation ETF (ARKK) offloaded 196,367 shares, ARKW sold 92,310 and ARKF trimmed 53,981.
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