Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: June 4, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Author: cryphedge
Circle Internet Group Inc., a prominent player in the stablecoin arena, successfully navigated its initial public offering (IPO), raising nearly $1.1 billion in an upsized deal that saw shares priced above the initially marketed range. This strong market reception is being interpreted as a significant indicator of the increasing acceptance and perceived legitimacy of stablecoin issuers within the broader financial landscape. The stablecoin firm, along with some of its existing shareholders including co-founder and Chief Executive Officer Jeremy Allaire, sold a total of 34 million shares on Wednesday at a price of $31 each, according to a statement confirming an…
The price of XRP has been stuck in a tricky situation lately. While the long-term trend remains bearish, some short-term relief has appeared over the last few days. Let’s break down what’s happening with XRP right now.XRP Still in a Pullback PhaseCurrently, XRP is holding onto a support area between $2.10 and $2.15. This zone has attracted strong buying pressure, offering temporary stability after a series of bearish moves. However, unless the price manages to push past certain resistance levels, the risks for XRP remain on the downside.XRP price predictionThe immediate resistance stands between $2.30 and $2.34. If XRP can…
Shiba Inu has turned an investment of $150 into a whopping $2.5 million on Wednesday. SHIB was launched on August 1, 2020, and an investment of $150 made then could have fetched traders trillions of tokens. Holding on to the investment from then until today could have rewarded traders with millions in profits.The latest data from Changelly shows that $150 in Shiba Inu back then is worth $2.5 million today. That’s a surge of 1,716,535% (1.7 million percent) in the last 58 months and is among the top-performing assets. No other financial asset has delivered this much returns in the…
Share Last updated: June 4, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Bitcoin is trading just below $105,000, but…
Author Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated: June 3, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas -…
Coinbase Global Inc. (NASDAQ: COIN) announced plans to list PancakeSwap ($CAKE) in the near future. The cryptocurrency exchange added the ERC-20 version for CAKE in the roadmap for listing and highlighted that its trading will be opened once the set pre-listing conditions are fulfilled.The imminent listing of CAKE on Coinbase follows a notable regulatory clarity of the Binance ecosystem in the United States. As Coinpedia reported, the U.S. SEC recently dropped the long-standing case against Binance and its top executives.Most importantly, the PancakeSwap platform has recorded significant growth in the recent past, whereby it continues to dominate the DEX volume…
Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in… Share Last updated: June 3, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry…
Circle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the number of shares available, Bloomberg reported on June 4, citing people familiar with the matter. The stablecoin issuer and its backers are offering 32 million shares at a price range of $27 to $28, aiming to raise up to $896 million. At the high end of that range, Circle’s implied market capitalization would be approximately $6.2 billion, with a fully diluted valuation of about $7.2 billion, according to regulatory filings. The IPO, expected to price on the evening…
Upcoming exchange-traded funds (ETFs) that integrate staking yields stand to benefit significantly as US lawmakers and regulators clarify the legal status of on-chain rewards, according to a June 3 report.The report noted points to two parallel policy moves. First, the US Securities and Exchange Commission (SEC) confirmed on May 29 that staking does not constitute a securities sale, provided customers keep ownership of their assets and receive risk disclosures.This understanding applies to solo, delegated, or carried out through a custodial service staking.Second, the bipartisan Digital Asset Market Clarity Act (CLARITY Act) would shift the oversight of most secondary market token…
