By Marco Piccolo The Circle (CRCL) IPO made waves on Wall Street Thursday, with the stablecoin issuer’s stock surging nearly 200% during its first day of trading. Blockbuster debut underscores crypto resurgence Shares of Circle Internet Financial exploded onto the New York Stock Exchange, opening at $69 after being priced at $31, a significant jump […]
Tag: CNBC
By Marco Piccolo Bitcoin’s path to $150,000 is gaining traction as exchange reserves dwindle and global liquidity expands. With analysts pointing to a supply shock and historical correlations with the money supply, momentum is building for a major price surge in 2025. Trade Crypto on Kraken Falling Bitcoin exchange reserves and the growing global money […]
By Emir Abyazov David Sacks, an adviser to U.S. President Donald Trump on cryptocurrencies and artificial intelligence, said the administration expects to pass a stablecoin bill in the Senate with bipartisan support. “We have every expectation now that it’s going to pass,” Sacks told CNBC on May 21 after a key procedural vote in which […]