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Investors' demand for shares of Circle Internet Group (CRCL) shows no early signs of slowing down. Last Wednesday, the USDC ...
Circle (CRCL) raised more than $1 billion in its initial public offering (IPO), with shares more than doubling since going ...
USDC stablecoin issuer Circle has seen its CRCL share price shoot to a new high of $138.57 on only its third day of trading.
Shares are up another 9% in volatile action on Monday, now having nearly quadrupled in price since the IPO late last week.
Circle Internet Group, the issuer of the USDC stablecoin, made a powerful public debut last week, with shares surging more ...
ProShares, Bitwise filed for Circle stock-linked ETFs after the stablecoin issuer made a successful debut on the NYSE.
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
By way of comparison, the price of Bitcoin (CRYPTO: BTC) in June 2020 was $10,000, and today it is over $100,000. So, while Bitcoin is growing at a multiple of 10x, stablecoins are growing at an even ...