Crypto News

Image source: Getty Images. The Ultimate Growth Stock to Buy With $1,000 Right Now Shopify (NASDAQ: SHOP) has taken its investors on a wild ride in the 10 years since its initial public offering (IPO). The e-commerce services provider went public at a split-adjusted price of $1.70 on May 21, 2015, soared to a record closing price of $169.06 on Nov. 19, 2021, but now trades at about $106. A $1,000 investment in its IPO would have briefly blossomed to $99,447 at its peak, but would still be worth about $62,350 today. That 62-bagger gain would have easily beaten the S&P 500's gain of roughly 170% over the past decade. Why is Shopify growing so rapidly? The company's self-service e-commerce platform lets merchants easily set up...

Stablecoin bigwig Circle soars in debut on the New York Stock Exchange The US-based issuer of one of the most popular cryptocurrencies made its debut on the New York Stock Exchange on Thursday and quickly saw its value soar amid heavy interest from crypto enthusiasts and investors. Circle Internet Group issues USDC, a stablecoin that can be traded at a 1-to-1 ratio for US dollars, and EURC, which can similarly be traded for euros. Stablecoins are a fast-growing corner of the cryptocurrency industry that offer a buffer against volatility because they are pegged to real-world assets, like US dollars or gold. That makes them a much more reliable means of conducting commercial transactions than other forms of crypto. Interest in...

THORWallet Enables the First XRP-to-ETH Cross-Chain Swap via THORChain Switzerland – June 5, 2025 — THORWallet, the mobile self-custody DeFi superapp, has achieved a major industry milestone: the first-ever cross-chain swap from XRP (Ripple) to ETH (Ethereum) executed entirely within a mobile wallet without bridges. Settled via THORChain’s decentralized liquidity protocol, the transaction marks a breakthrough in enabling trustless, seamless asset exchanges between leading blockchains all without the need for bridging or wrapped assets. Unlocking Native Cross-Chain Utility for XRP With XRP now supported natively on THORChain, users can perform true Layer-1 swaps between XRP and a growing list of top blockchains, including Bitcoin...

Uber CEO Dara Khosrowshahi said the ride-hailing giant is exploring the use of crypto as a payment method, which marks the third time the company has made the claim since 2021. Stablecoins Evaluation Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the company is in the “study phase” of evaluating stablecoins for operational use. “I think stablecoins are one of the more interesting instantiations of crypto that have a practical benefit beyond being a store of value,” Khosrowshahi said. Past Involvement and Opinions Uber was an early member of the Diem Association (formerly Libra), joining in 2019 to support Meta’s now-defunct stablecoin initiative aimed at reshaping global payments. “You can...

Image source: Getty Images. Key Points A generally worried investor base and promising developments with a rival cryptocurrency segment put the kibosh on Dogecoin's (CRYPTO: DOGE) value on Thursday. The foundational meme coin stumbled late that afternoon, declining nearly 14% in value as of 4 p.m. ET. By contrast, the equity market wasn't suffering nearly as much, with the S&P 500 index closing the day 0.5% lower. Trade war blues The trade war between the U.S. and its major trading partners ground on Thursday, with no end immediately in sight. The conflict hasn't been beneficial to speculative assets like cryptocurrencies generally. Dogecoin -- not nearly as useful a coin or blockchain as a growing number of altcoins -- is highly...

Circle IPO soars giving hope to more startups waiting to go public Circle, one of the world's largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors' interest in cryptocurrencies and stablecoins in particular amid the Trump administration's supportive stance on crypto assets. The significant surge in Circle's first-day trading could prompt institutional investors to set higher IPO prices for upcoming listings. Imminent IPOs include Omada Health, which is pricing on Thursday, and Klarna, a fintech that's set to list next week. The company's IPO price, at...

Uber CEO says stablecoins could reduce cross-border costs Uber is looking into stablecoins as a potential solution for moving money across borders more efficiently, according to CEO Dara Khosrowshahi. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the company is in the “study phase” of exploring stablecoins, digital assets typically pegged to fiat currencies like the U.S. dollar. Stablecoins, he said, offer “a practical benefit other than crypto’s historic value.” For a company with a global footprint like Uber, he noted, it’s “quite promising especially for global companies” since it could help lower the cost of transferring funds internationally. “That’s super interesting to us and we’re...

Mark Cuban Backs Elon Musk’s Idea of Launching a New Political Party Mark Cuban is best known in crypto circles as a vocal supporter of non-fungible tokens (NFTs). Now, he’s also thrown a subtle tick-mark of approval behind Elon Musk’s latest political push. Musk, along with President Donald Trump, is one of the most prominent figures from the political-corporate circles who has impacted the global crypto market big time. Now, the two are having a public feud over a domestic bill, and the crypto community has also jumped in. During the 2024 presidential election, Musk backed Trump and poured as much as $288 million into his campaign — making him the largest donor. When Trump won the election and assumed the office of the White...

'Rich Dad Poor Dad' Author Joins Elon Musk's War Against Rising 'Debt Ceiling' 'Rich Dad Poor Dad' author and Bitcoin advocate Robert Kiyosaki thinks it's not possible to fix the U.S. debt problem. Kiyosaki made the comment while discussing the rising national debt and President Donald Trump's "big, beautiful bill" with host Brian Rose on the London Real podcast. The bestselling author urged the viewers to abandon fiat money and choose Bitcoin, gold, and silver, as he believes the country is poised for the greatest financial collapse in history. Kiyosaki doubled down on his earlier prediction and repeated that the king coin will hit the price of $1 million within the next 10 years. Kiyosaki gave credit to the tech-savvy young...

Major stocks tank against Circle's spectacular NYSE debut The stocks of most major crypto companies tanked on June 5 as the stablecoin issuer Circle Internet Group (NYSE: CRCL) made an astonishing public debut on the New York Stock Exchange (NYSE). While the CRCL stock opened at $69 — more than 124% higher than the IPO price of $31, other well-established crypto stocks took a hit today. Bitcoin proponent Michael Saylor's Strategy (Nasdaq: MSTR), the leading Bitcoin treasury company, was trading at $373.62 at press time, down 1.18%. Coinbase (Nasdaq: COIN), the largest crypto exchange in the U.S., was trading at $249.66, down 2.48%. The company recently made it to the much-coveted spot on the S&P 500 in May. Prominent Bitcoin miner...

Circle's blockbuster IPO paves way for other crypto public listings (Reuters) - Stablecoin issuer Circle's $1.05 billion initial public offering on Thursday could spur other large crypto players to follow suit as the industry benefits from U.S. President Donald Trump's embrace of the sector, according to experts and analysts. Circle priced its shares at $31 on Wednesday. In a sign of investor demand, they opened on the New York Stock Exchange on Thursday at $69 apiece and closed at $83.23. That trajectory is likely to encourage other crypto companies eyeing stock market debuts. Circle is the first major crypto company to go public since crypto exchange Coinbase listed on Nasdaq in 2021. Analysts have pointed to crypto exchanges...

Circle CEO Allaire on Going Public, Stablecoin Adoption Circle co-founder and CEO Jeremy Allaire discusses the company's initial public offering and the outlook for cryptocurrency adoption on "Bloomberg The Close." Circle Internet Group shares surged as much as 235% after the company and its shareholders raised nearly $1.1 billion in an IPO. This article has been published in bloomberg.com via Yahoo News. https://finance.yahoo.com/video/circle-ceo-allaire-going-public-200414079.html

Jeremy Allaire, second from right, Co-Founder, Chairman & CEO of Circle, rings the New York Stock Exchange opening bell, Thursday, June 5, 2025. (AP Photo/Richard Drew) Circle Stock Soars Over 160% After IPO as Stablecoin Giant Makes Market Debut Circle stock (CRCL) exploded higher in its first day of trading on Thursday, rising as much as 200% at session highs after the stablecoin issuer made its long-anticipated public market debut. At market close, shares settled at $83.23, up 168% from their IPO price of $31. Shares were halted for trade more than once during the day due to volatility as the stock rose rapidly after opening at around $69 apiece. After its first day of trading, the company's market capitalization stood north of...

Manufacturing errors might be annoying when it comes to most products, but they can be a massive moneymaker when it comes to collectible money. Errors increase the value of collectibles because a limited number go into circulation before the error is spotted and corrected. For evidence, look no further than a 1999 Georgia quarter with a value estimated as high as $10,000 due to errors. That’s a decent chunk of change for those looking to cash in! The 1999 Georgia State Quarter Georgia state quarters from 1999 have several types of errors, according to the U.S. Coins Guide website. The biggest error involves coins struck on experimental metals, called planchets, intended for the Sacagawea dollar. As the U.S. Coins Guide noted, the...

Circle Internet Group CEO Jeremy Allaire, middle, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell on the day of the company's IPO in New York City. REUTERS/Brendan McDermid The Race to Embrace Stablecoins Heats Up on Wall Street The race to embrace stablecoins is heating up, with major issuer Circle soaring on its first day of trading Thursday while the biggest banks in the US explore whether to issue their own coins. On Thursday morning, Circle founder and CEO Jeremy Allaire stood on a balcony before the trading floor at the New York Stock Exchange, pumping his fists and cheering before ringing the opening bell. “Let’s go! Lets go!” Allaire yelled. By the end of the day, Circle's stock more...

On June 5, Circle's shares opened approximately 124.19% higher than the IPO price of $31, debuting at $69.50. Initially, the shares were set to start trading somewhere between $50 and $52 — a pop of more than 60% beyond its IPO price. The stablecoin issuer, selling 34 million shares priced above the initial range in a sign of surging demand, raised $1.1 billion in its offering. Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere from $6.8 billion to $8 billion on a fully diluted value. The company that powers the USDC stablecoin will start trading today on the New York Stock Exchange under the ticker symbol CRCL. Circle Internet Group Inc.'s initial public...

Circle Shares Soar on NYSE Debut Circle shares began trading at $69 on Thursday following its debut on the New York Stock Exchange and surged to as much as $100, versus its $31 IPO pricing on Wednesday night. How positive of a sign is this for stablecoin issuers? This article has been published in Coindesk via Yahoo News. https://finance.yahoo.com/video/circle-shares-soar-nyse-debut-190431636.html

In a viral post made on Thursday, Jack Dorsey, who was a co-founder of Twitter, posted pictures of himself buying fries at Steak ‘n Shake with the Bitcoin Lightning Network, saying “full circle.” The receipt indicates that Dorsey paid 96,173 sats (satoshis), or roughly $100.07, by scanning a QR code on a payment terminal operated by Tryspeed, a Lightning payments service provider. The transaction was immediate, on-chain, and Bitcoin-settled. "Bought with bitcoin @SteaknShake," Dorsey wrote in his post, which received over 330,000 views in only a few hours. The visual carousel featured the fries, the QR code screen, a payment confirmation, and a printed receipt that explicitly stated, "All Bitcoin transactions are final." Bitcoin's...

Jeremy Allaire, second from right, Co-Founder, Chairman & CEO of Circle, rings the New York Stock Exchange opening bell, Thursday, June 5, 2025. (AP Photo/Richard Drew) Circle Stock Soars Over 190% After IPO as Stablecoin Giant Makes Market Debut Circle stock (CRCL) exploded higher in its first day of trading on Thursday, rising as much as 200% in afternoon trading after the stablecoin issuer made its long-anticipated public market debut. Shares were halted for trade more than once during the day due to volatility as the stock rose rapidly after opening at around $69 apiece. The company priced its IPO at $31 on Wednesday night. At session highs, the company's market capitalization stood north of $20 billion. Circle issues the...

Robinhood is back in the spotlight, and it’s not just traders who’ve noticed. CNBC’s Jim Cramer had a one-word reaction on X: “Memed.” The post came as Robinhood Markets (HOOD) hit $72.27, with pre-market data showing it climbing another 2% to $73.75. The spike follows growing speculation that Robinhood could soon be added to the S&P 500 Index — a move that would force passive investment funds to buy shares, possibly pushing the price even higher. Potential S&P 500 Inclusion Bank of America analysts on Wednesday named Robinhood a “prime candidate” for the upcoming S&P 500 rebalancing, citing a meeting among investors about index changes for financial stocks. “We expect significant buying activity from passive funds,” the report...