Circle Internet Financial, architect of the USDC stablecoin, is charting a course toward an initial public offering (IPO) with strategic guidance from financial titans JPMorgan Chase and Citi, Fortune reports, citing two individuals privy to the discussions. Stablecoin Issuer Circle Reportedly Advances IPO Plans With Wall Street Banks The Boston-rooted financial innovator intends to unveil […] Source: https://news.bitcoin.com/report-circle-internet-financial-taps-jpmorgan-citi-for-delayed-ipo/
Month: March 2025
Trump Sons Ink Deal With Hut8 to Launch Bitcoin Mining Firm
Donald Trump Jr. and Eric Trump have teamed up with Bitcoin mining heavyweight Hut 8 to launch American Bitcoin, a new industrial-scale mining firm that plans to become the “world’s largest and most efficient Bitcoin miner.” Announced on March 31, the venture was born out of a strategic deal in which Bitcoin mining company Hut 8 contributed the majority of…
Strategy Buys $2 Billion in Bitcoin, Mirroring Size of February Purchase
Strategy said on Monday that it had recently acquired $1.92 billion worth of Bitcoin, representing the third straight week that the software firm has disclosed purchasing the asset. After scooping up around 22,000 Bitcoin at an average price of $87,000 per coin, the firm said it now holds 528,185 Bitcoin veiled at $35.6 billion, according to a press release. The…
The market crashed, but the billion-dollar circus rolls on
Opinion by: Igor Zemtsov, chief technology officer at TBCC Following “Libragate,” memecoin prices crashed, with their market cap falling nearly 60% from 2025’s highs. But meme tokens, dead? They’ve got more lives than a cat on caffeine. Despite the chaos, memecoins were still holding a $47.9-billion market cap as of March 10. It’s not exactly spare change. Meanwhile, degens are…
Strategy Buys $1.92 Billion Worth Of Additional Bitcoin
Business intelligence company Strategy continued stacking sats by acquiring 22,048 bitcoin worth nearly $2 billion. According to a March 31 SEC filing, Strategy purchased the coins for $1.92 billion last week, or around $86,969 per bitcoin. This boosted the company’s total bitcoin treasury to 528,185 BTC acquired for $35.63 billion. At bitcoin’s current price of approximately $82,000, Strategy’s holdings are…
Blackrock CEO Says US Debt Crisis Could Propel Bitcoin as Reserve Currency Challenger
Blackrock CEO Larry Fink cautions that the United States risks forfeiting its global economic leadership to digital assets such as bitcoin if it fails to confront its mounting debt. He advocates for modernization through tokenization and decentralized finance (DeFi), emphasizing the potential to democratize investment opportunities. Fink Touts Tokenization as Fix for ‘Broken’ Finance System […] Source: https://news.bitcoin.com/blackrock-ceo-says-us-debt-crisis-could-propel-bitcoin-as-reserve-currency-challenger/
XRP Price Analysis: On the Razor’s Edge—XRP’s $2 Support Faces Brutal Test
XRP is currently priced at $2.08, with a market capitalization of $121 billion and a 24-hour trading volume of $4.08 billion. The cryptocurrency has fluctuated narrowly between $2.04 and $2.17 over the past day, remaining 38.7% below its all-time high of $3.40. Though no signs of an imminent rebound are evident, the increasing downward momentum […] Source: https://news.bitcoin.com/xrp-price-analysis-on-the-razors-edge-xrps-2-support-faces-brutal-test/
Trump trade war hits Bitcoin, $22M in DeFi hacks
March was a rough month for markets — US President Donald Trump’s uncertain tariff policies created volatility in Bitcoin and crypto markets; meanwhile, decentralized finance (DeFi) struggled with security concerns. Retaliatory tariffs on US goods in China and the European Union hit markets on March 10 and 12, respectively. Amid the tête-à-tête between the United States and its largest trade…
XRP Price Analysis: On the Razor’s Edge—XRP’s $2 Support Faces Brutal Test
XRP is currently priced at $2.08, with a market capitalization of $121 billion and a 24-hour trading volume of $4.08 billion. The cryptocurrency has fluctuated narrowly between $2.04 and $2.17 over the past day, remaining 38.7% below its all-time high of $3.40. Though no signs of an imminent rebound are evident, the increasing downward momentum […] Source: https://news.bitcoin.com/xrp-price-analysis-on-the-razors-edge-xrps-2-support-faces-brutal-test/
BNB Chain catches memecoin wave as Solana wipes out
BNB Chain, the EVM-compatible network tied to cryptocurrency exchange Binance, is experiencing a resurgence in the decentralized finance (DeFi) and memecoin spaces just as some of its rivals face an identity crisis. For most of 2024 and into early 2025, Solana dominated the retail DeFi narrative. It became the network of choice for memecoins tied to celebrities, influencers and political…