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PTSD-Afflicted Crypto Investors Hit the Sell Button After Circle's Euphoric IPO
Circle (CRCL) debuted to wild upside action on the New York Stock Exchange on Thursday, its shares more than tripling from the IPO price of $31. The event was the culmination of a long journey for the USDC stablecoin issuer, which had been pursuing an IPO for several years.
Circle Internet is betting on wider use of its USDC digital currency, which is redeemable one-for-one with the U.S. dollar.
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Gemini, the crypto company controlled by the Winklevoss twins, filed its IPO plans with securities regulators after shares of ...
Gemini goes down the IPO route, amid rising crypto market optimism IPO filing a sign of growing Wall Street interest in ...
Stablecoin firm Circle Internet Group is set to go public later Thursday after pricing its initial public offering above the ...
The cryptocurrency company's stock opened for trading on the NYSE at $69 apiece, valuing the stablecoin issuer at nearly $18 ...
Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding ...
Crypto enthusiasts will be watching the stock market Thursday as the U.S.-based issuer of one of most popular ...
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