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Bitcoin prices are down 50%, but crypto's 2025 IPOs are doing even worse
Yahoo Finance Video26d agoneutralVIDEO
Bitcoin prices are down 50%, but crypto's 2025 IPOs are doing even worse

Scott Melker outlines how crypto-related stocks, like Gemini (GMNI), Bullish (BLSH), eToro (ETOR), and BitGo (BTGO), are trading in relation to bitcoin (BTC-USD) prices. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's crypto hub to find the latest crypto-related news.

Circle wins final regulatory approval to establish US trust bank, shares rise
Reuters26d agobullish
Circle wins final regulatory approval to establish US trust bank, shares rise

Circle said on Friday it has received a final regulatory approval from the U.S. ‌Office of the Comptroller of the Currency to ‌establish a national trust bank, sending the stablecoin giant's shares surging ​10% in premarket trading. • The charter allows Circle to act as custodian for its own reserves and hold crypto assets on behalf of institutional clients. • "OCC approval to ‌establish Circle National ⁠Trust marks a defining step in bringing blockchain technology and digital assets into the core ⁠of the U.S. financial system," Circle CEO Jeremy Allaire said in a statement.

Circle stock slips amid criminal complaint in major U.S. state
TheStreet27d agoneutral
Circle stock slips amid criminal complaint in major U.S. state

Circle Internet Group (NYSE: CRCL), the crypto company popular for its USDC stablecoin, is facing a criminal complaint in a U.S. state for allegedly refusing to help scam victims. The International Consortium of Investigative Journalists (ICIJ) reported on July 8 that Wisconsin state ...

SEC pivots on crypto: Eased rules let startups win big on token launches
Yahoo Finance Video27d agoneutralVIDEO
SEC pivots on crypto: Eased rules let startups win big on token launches

Scott Melker discusses the SEC easing rules for new token launches for crypto startups, Sony building a dollar stablecoin for PlayStation, the crypto IPO class of 2025 getting wiped out, and other crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's crypto hub to find the latest crypto-related news.

Circle Internet Group (CRCL) Could Be 79% Overvalued As Rate Sensitive Narrative Takes Hold
Simply Wall St.27d agoneutral
Circle Internet Group (CRCL) Could Be 79% Overvalued As Rate Sensitive Narrative Takes Hold

Circle Internet Group (CRCL) has been under close watch after a series of index removals on 27 June, when the stock was dropped from multiple Russell growth benchmarks and this reshaped how some institutional investors may gain exposure. See our latest analysis for Circle Internet Group. The recent Russell index removals add to a choppy stretch for Circle Internet Group, with a 7 day share price return of 3.42%, a 30 day share price return down 22.37% and a 1 year total shareholder return...

Bitmine Immersion Technologies Stock Is Down 46% This Year: Is It Time to Switch to Strategy or Circle Internet Group?
24/7 Wall St.28d agoneutral
Bitmine Immersion Technologies Stock Is Down 46% This Year: Is It Time to Switch to Strategy or Circle Internet Group?

The crypto-linked equities are having another rough session midday Wednesday, and the year-to-date scoreboard tells a clear story about which treasury strategy has held up best. Bitmine Immersion Technologies (NYSE:BMNR) is down 46% year to date (YTD) and down slightly today at $14.73, extending a brutal stretch for the Ethereum (CRYPTO:ETH) treasury proxy. The Ethereum-treasury ... Bitmine Immersion Technologies Stock Is Down 46% This Year: Is It Time to Switch to Strategy or Circle Internet Gr

Circle's USDC now runs 70% of the stablecoin volume
Yahoo Finance Video29d agoneutralVIDEO
Circle's USDC now runs 70% of the stablecoin volume

Scott Melker discusses Circle Internet Group's (CRCL) USDC edging out Tether (USDT-USD) as a leader of the stablecoin supply, hitting a record $1.79 trillion. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.