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Showing posts with the label crypto industry

USDC Issuer Circle Files For IPO As Analysts Flag Profitability Concerns

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Circle Internet Financial, the issuer of USD Coin (USDC), has filed for an initial public offering (IPO) amid analyst concerns over the company’s profitability. The firm  submitted an S-1 form to the Securities and Exchange Commission (SEC) yesterday, which, if approved, will see the company’s stock trade on the New York Stock Exchange under the symbol “CRCL.” Not USDC Issuer’s First Attempt To Go Public Circle , the issuer of the second-largest stablecoin by market capitalization,  has been trying to go public since 2021. Its first attempt was a SPAC merger, which failed because the company did not complete the SEC’s “qualification in time,” said CEO Jeremy Allaire. Reports at the time suggested that the SEC simply chose to not sign off on Circle’s plans, but the company denies these claims. Circle then tried a different approach for its second attempt, filing a draft registration for an initial public offering wit...

Brett Price Prediction: BRETT Plummets 7% As Investors Rush To Buy This Base Meme Coin Rival Before Its DEX Launch In 2 Days

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The Brett price plummeted 7% in the last 24 hours to trade at $0.07195 as of 3.45 a.m. EST on trading volume that surged 86% to $16.6 million. The popular meme coin has seen an even stronger drop on a weekly basis, where its price went down by 22%, while it is 38% down compared to August 2. The Base blockchain’s meme coin has seen a few surges during this time, which negated many of its price drops, but ultimately, it has been fluctuating between a resistance at $0.10 and a support at $0.70 in the past 30 days. We’re celebrating our partnership with @BasedBrett , a real supporter, real donator and a team that wants real positive impact. Thanks to your generosity and the dedication of providing clean water well in Nigeria, we’ve brought clean and safe water to hundreds and thousands of… pic.twitter.com/SLtrWSpjam — BITCOIN MANDELA (@MandelaBTC) August 28, 2024 Brett made some notable moves recently, such as the celebration of its partnership with Bitc...

Super Trump Price Prediction: STRUMP Surges 17% After RFK Jr Endorsement And This PEPE 2.0 Presale Rockets Towards $11M

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The Super Trump price surged 17% in the last 24 hours and 33% in a week to trade at $0.007018 as of 09:14 p.m. EST on trading volume that rose 19% to $966K. This comes after Robert F. Kennedy Jr. suspended his independent presidential campaign and endorsed Donald Trump, a move that could boost the former president’s chances in November’s election. UNITE AMERICA.#RFKJr #trump pic.twitter.com/f5NXgxdRJs — Robert F. Kennedy Jr (@RobertKennedyJr) August 24, 2024 According to Kennedy, his internal polls showed that his bid for the presidential seat would hurt Trump and help Democratic nominee Kamala Harris. Meanwhile, the odds for Trump clinching the seat have increased to 50%, as Harris remains at 49%, according to Polymarket . A win for Trump would mean a win for the cryptocurrency industry he has vowed to support if he is president again. Harris’s views on crypto remain unknown. Super Trump Price Aims For A Continued Rally Since July 27, the Super Trump ...