Crypto News

Image generated by CariGold Circle stock continues eye-popping post-IPO surge as stablecoin momentum builds Circle Internet Group (CRCL) stock jumped as much as 18% Monday to a new intraday high, continuing the stablecoin issuer’s meteoric rise following its blockbuster IPO earlier this month. The stock climbed to $165 before trimming gains, building on Friday’s 25% surge, as investor enthusiasm around stablecoins — digital tokens backed by reserve assets like the U.S. dollar — continues to grow. Since its highly anticipated public markets debut on June 5 at $31 per share, Circle has soared roughly 400%. Circle's IPO success comes amid the Trump administration's push for a friendly framework for cryptocurrencies, the president's...

Image generated by CariGold New-age Investing Just Slid into Telegram Users on the popular instant messaging app Telegram will soon be able to invest in crypto assets. Affluent, a crypto investment app, announced its launch on X on June 16. Built natively on Telegram, Affluent claims to bring together DeFi infrastructure with Telegram’s wide distribution. Justin Hyun, ex-TON Foundation director, along with Hyung Lee, has co-founded Affluent and serves as the co-CEO. He hailed Affluent's launch as trustless asset management meeting Telegram. The Strategy Vault feature on the app, such as TON Multiply Vault, USDT Multiply Vault, etc., would let users earn yields on staked tokens. Affluent says its strategy vaults can host Bitcoin...

Image generated by CariGold Trump’s Wealthiest Dinner Guest Eyes US Stock Market IPO The Tron crypto project reportedly wants to go public in the U.S. through a reverse merger with Nasdaq-listed SRM Entertainment. This will give the new company, Tron Inc., up to $210 million in token assets. According to Financial Times, Tron Inc. will adopt a strategy similar to Strategy, previously MicroStrategy, of buying and holding crypto as a key treasury asset. The new firm will acquire and hold the Tron currency, emulating Strategy, whose founder Michael Saylor has converted it into a leveraged Bitcoin vehicle, one of the persons said. The individual also mentioned that Eric Trump is anticipated to assume a position at Tron Inc. Tron is a...

Image generated by CariGold Bernstein Sees Stablecoins Becoming Internet's Money Rail Under New Law Bernstein analysts noted that the Stablecoin GENIUS Act, set for a Senate vote this week, could reshape the role of stablecoins in the U.S. financial system. If passed, the legislation would pave the way for stablecoins to evolve “from the money rail of crypto to the money rail of the internet,” according to Bernstein. The GENIUS Act, short for Guiding and Establishing the National Innovation for U.S. Stablecoins Act of 2025, is expected to become law by the end of summer. Bernstein believes it will serve as a foundation for the next decade of innovation in financial services, stating, “Stablecoins have brought mainstream attention...

Image generated by CariGold Regencell Bioscience Stock Skyrockets as 38-to-1 Split Takes Effect Key Takeaways It's been quite a good month for investors in Regencell Bioscience Holdings (RGC). Shares of the Hong Kong firm that focuses on the use of traditional Chinese medicine to treat Attention Deficit Hyperactivity Disorder (ADHD) and Autism Spectrum Disorder (ASD) in children more than quadrupled on the first day a huge 38-to-1 stock split took effect. The company announced the split on June 2, and that the stock would be distributed on June 13. Regencell said the move was intended to "enhance liquidity in the market for the Company's ordinary shares and make the shares more accessible to investors." This article has been...

Image generated by CariGold Michael Saylor's Strategy Buys Another $1.05 Billion of Bitcoin Strategy (MSTR), the largest corporate holder of bitcoin, reported in a filing to the Securities and Exchange Commission on Monday that it purchased another $1.05 billion worth of bitcoin. Shares of Strategy, a small software company turned crypto giant chaired by crypto tycoon Michael Saylor, fell 0.4% in early trading Monday after rising as much as 1.4%, while the broader S&P 500 (^GSPC) rose 1%. Strategy said it acquired 10,100 bitcoins between June 9 and June 15. As of its latest filing, the company has spent nearly $42 billion to buy over 592,000 bitcoins since it first purchased the cryptocurrency on Aug. 10, 2020. Over that time...

Image generated by CariGold We’ve all made money mistakes: Missed payments, impulse buys, or that one time we thought crypto was definitely our ticket to riches. But every now and then, you witness a financial meltdown so wild, it sticks with you. GOBankingRates spoke with Stoy Hall, certified financial planner (CFP) and CEO of Black Mammoth, to discuss the worst financial meltdown he’s seen and what we can all learn from it as a result. “The worst financial meltdowns I’ve witnessed in my career had almost nothing to do with the actual money,” said Hall. The Situation According to Market Watch, 57% of Americans are living paycheck to paycheck in 2025. “One client, like many others I’ve worked with, came to me out of pure...

Image generated by CariGold For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term. Why This 1 Growth Stock Should Be On Your Watchlist For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This score examines things like projected and historical...

Image generated by CariGold Trump Media Deepens Crypto Push With Bitcoin–Ether ETF Filing Donald Trump’s media company has filed to launch an exchange-traded fund that would invest directly in both Bitcoin and Ether, the latest in a wider push into digital assets tied to the president’s personal brand. The proposed fund, dubbed the Truth Social Bitcoin and Ethereum ETF, was disclosed in a regulatory filing Monday. It aims to give investors an easy way to gain exposure to the two largest digital assets and serves as a “simple and cost-effective” alternative to using peer-to-peer networks or digital platforms. Yorkville America Digital is listed as the sponsor of the latest product. Trump Media & Technology Group Corp. — the company...

Image generated by CariGold E-commerce company Shopify has teamed up with Coinbase and Stripe to enable stablecoin payment options for its merchants globally. The feature, currently in early access, enables merchants on the Base network to accept payments in USD Coin (USDC) without the need for new integrations or payment gateways. The implementation allows customers to pay with USDC using supported cryptocurrency wallets, during guest checkout, or through Shop Pay. Merchants have the choice to receive settlements in their local currency, avoiding foreign transaction or exchange fees, or to claim USDC directly into their crypto wallets. To address the complexities of online transactions, Shopify and Coinbase have developed a smart...

Image generated by CariGold Crypto group Tron to go public in US via reverse-merger with SRM Hong Kong-based crypto entrepreneur Justin Sun's blockchain group Tron will go public in the United States in a reverse merger with SRM Entertainment, the companies said on Monday. This article has been published in reuters.com via Yahoo News. https://finance.yahoo.com/news/crypto-group-tron-public-us-124923181.html

Image generated by CariGold Truth Social Bitcoin & Ethereum ETF files with US SEC for NYSE Arca listing Truth Social Bitcoin & Ethereum ETF on Monday filed draft paperwork with the U.S. Securities and Exchange Commission to list the fund on NYSE Arca. This article has been published in yahoo.com via Yahoo News. https://finance.yahoo.com/news/truth-social-bitcoin-ethereum-etf-124532150.html

Image generated by CariGold Is Invesco Large Cap Value ETF (PWV) a Strong ETF Right Now? A smart beta exchange traded fund, the Invesco Large Cap Value ETF (PWV) debuted on 03/03/2005, and offers broad exposure to the Style Box - Large Cap Value category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds...

Image generated by CariGold Launched on 04/07/2010, the Invesco S&P SmallCap Information Technology ETF (PSCT) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Broad segment of the equity market. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 6, placing it in top...

Image generated by CariGold Should First Trust Mid Cap Core AlphaDEX ETF (FNX) Be on Your Investing Radar? Launched on 05/08/2007, the First Trust Mid Cap Core AlphaDEX ETF (FNX) is a passively managed exchange-traded fund designed to provide a broad exposure to the Mid Cap Blend segment of the US equity market. The fund is sponsored by First Trust Advisors and has amassed assets over $1.11 billion, making it one of the average-sized ETFs attempting to match the Mid Cap Blend segment of the US equity market. Why Mid Cap Blend Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities...

Image generated by CariGold Visa's Momentum Continues Perhaps the best word to describe this year is "uncertainty." Ongoing trade negotiations have spurred fears about a recession. We saw this play out with the market tanking earlier in 2025, although it has recovered nicely. Investors are smart to think that this unfavorable economic backdrop should probably have a negative effect on companies' financial performance. But here's where Visa stands out. During the fiscal 2025 second quarter (ended March 31), the dominant payment platform posted 9% year-over-year revenue growth. This was driven by strong cross-border volume, which has been a usual occurrence. "Consumer spending remained resilient, even with macroeconomic uncertainty,"...

Image generated by CariGold Why Are Companies Doing This? Many companies are aiming to replicate the success of Strategy, formerly known as MicroStrategy, which began accumulating bitcoin in 2020 and now holds more than $63 billion worth. Its stock has surged more than 3,000% since 2020, coinciding with bitcoin's price hitting fresh all-time highs above $110,000 this year. Copycats of Strategy have doubled their bitcoin holdings in just the last two months, collectively holding just under 100,000 bitcoin, as per Standard Chartered. Trump Media & Technology Group, for example, raised $2.5 billion last month for bitcoin investments. While investors can purchase bitcoin directly or through exchange-traded funds, public companies can...

Image generated by CariGold Abstractive Health introduces new AI simulation for diagnostic training Abstractive Health has introduced an AI-driven simulation known as Clinical Time Machine, designed to enhance diagnostic training for physicians. Currently accessible via Abstractive Health's platform, the clinical solution allows medical professionals to engage with real historical medical cases, providing a risk-free environment for exploring rare and complex conditions. Developed on a HIPAA-compliant platform that also facilitates the real-time summarisation of electronic health records (EHRs) in hospitals, Clinical Time Machine allows clinicians to delve into diagnostic cases from the past. The solution does not require any direct...

Image generated by CariGold 3 Reasons Bitcoin Could Soar in June Key Points Despite being volatile, Bitcoin (CRYPTO: BTC) has been a phenomenal asset to own. As of June 11, its price has skyrocketed nearly 48,000% in 10 years. And it has bounced back nicely since early April, when new tariffs sent many assets plunging. The leading digital asset, now carrying a market cap approaching $2.2 trillion, has stayed above $100,000 for over a month, and optimism is brewing for the next major milestone. According to a recent survey conducted by The Motley Fool, 68% of respondents who own cryptocurrencies think Bitcoin will reach $200,000 by the end of this year. Here are three reasons it could soar in June. 1. Corporate adoption of Bitcoin...

Image generated by CariGold Regional Banks Stocks Q1 Highlights: BancFirst (NASDAQ:BANF) As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at regional banks stocks, starting with BancFirst (NASDAQ:BANF). Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech...