In brief
USDC’s concentration on Ethereum is bullish for the network’s native asset, analysts said.
More than half of USDC’s circulating supply exists on Ethereum, while layer-2 networks and other scaling solutions…
It was a week of fortunes made, and fortunes lost, at CoinDesk.On the one hand, we had Circle, long a leading crypto company, hurtling to IPO and making bank. Its…
Gemini Space Station, Inc., founded by the Winklevoss brothers, has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for an initial…
USDC issuer Circle, which made its whirlwind of a New York Stock Exchange debut yesterday, has already topped the high it set on Thursday.Around 1pm ET on Friday, CRCL reached…
Crypto exchange Gemini announced that it's planning to go public.The New York-based company said in a press release Friday that it confidentially filed a draft registration statement on Form S-1…
Key Points:
Circle’s IPO raises $1.1 billion, impacting stablecoin ecosystem.
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This is a segment from the Empire newsletter. To read full editions, subscribe.I know we’ve been talking a lot about Circle, but let’s be honest…whether you love or hate the…
Reason to trust
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Key Points:ARK Invest buys 4.5 million shares of Circle, valued at $373 million.Significant portfolio shift from trading to stablecoin infrastructure.No immediate on-chain disruptions; potential increased DeFi confidence.
ARK’s $373 Million Circle…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureCircle, the issuer of the USDC stablecoin, made a highly anticipated entrance onto the public market on Thursday,…