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After stablecoin issuer Circle exploded 300% higher in its IPO, plenty of big players on Wall Street are taking a second look at their crypto strategies. That could very well trigger a second wave ...
Offering 34 million shares at $31 per share, above the expected IPO price range of $27-$28, Circle is now valued just below $7 billion. Its debut will net the company $1.05 billion.
Fundstrat's Tom Lee calls stablecoins Ethereum's 'ChatGPT moment' as ETH dominates 50.5% of $266 billion stablecoin market.
Detailed price information for Circle Internet Group Inc Cl A (CRCL-N) from The Globe and Mail including charting and trades.
Circle's IPO euphoria has revived debate over the "pop." The big picture: This is a first-world problem, after years of IPO dormancy, but could impact the anticipated rush of second-half offerings.
Since its IPO earlier this month, shares of Circle have risen by 50% as of this writing. Similarly, Chime stock popped by almost 40% in its public market debut.
From there, I'll reveal a subtle detail that some investors may be missing about Circle and explain why Coinbase Global (COIN -3.07%) could be the biggest crypto winner of all in the long run.
Circle's shares hit fresh record high on Monday before paring gains, extending its post-IPO rally to 750%. The company's market capitalization reached almost the supply of its flagship token, the ...
Tapiero, who previously projected a $10 trillion crypto market, adjusted his forecast after seeing the success of Circle's IPO and Deribit's acquisition by Coinbase.