Circle's Initial Public Offering: A New Era in the Crypto Sector!
#CircleIPO
Circle, the issuer of the USDC stablecoin, began trading on the NYSE under the ticker symbol CRCL on June 5. Shares opened at the IPO price of $31, rose to $103.75 during the day, and closed at $83.23. Circle raised a total of $1.1 billion, reaching a market capitalization of approximately $18.4 billion. This successful IPO demonstrates the growing acceptance of crypto companies in traditional financial markets.
This is a mechanical bounce, driven primarily by forced selling into a decent bid stack.
Dislocations on the offer come into play as price auctions swiftly lower, making it easier to jump the spread following climactic selling.
The small market buys observed at the lows are likely a mix of short covering and early buyers stepping in, anticipating a reversal or mean reversion.
As the offer thins, price can move higher quickly, triggering a sharp repricing (typical in moments where aggressive selling pressure fades)
Markets often retrace to areas of low-volume imbalance, where two-way flow was previously absent.
Given the current structure, I remain confident the recent lows will be revisited or encroached upon in the near term, as liquidity seeks to test conviction and flush weak hands.
#BTC
Michael Saylor: “Strategy is fully torqued Bitcoin”
Michael Saylor – co-founder and now Executive Chairman of Bitcoin-holding company Strategy (formerly MicroStrategy) – has delivered a triumphant message to the global community, highlighting the superior performance of both his company and the world’s leading cryptocurrency, Bitcoin.
An infographic shared by Saylor shows that Strategy has outperformed major tech giants, as well as gold and even Bitcoin itself, in terms of one-year return growth.
According to the chart, MSTR shares have surged 126%, doubling Tesla’s 66% gain and surpassing Bitcoin (48%), Meta (41%), and gold (39%). Following behind are Nvidia, Amazon, Invesco QQQ Trust, S&P 500, Microsoft, Apple, and others, with significantly lower growth rates – Nvidia’s one-year return is just 17%.
Michael Saylor declared on X (Twitter): “Strategy is fully torqued Bitcoin.”
$CFX is trading at $0.08129 USD with a 24-hour trading volume of $59.37 million, a market capitalization of $413.99 million, and an 11.89% gain over the past day. This breakout has been driven by Conflux DAO’s May 7 vote to burn 76 million CFX and stake 500 million CFX, aggressively tightening supply; the launch of CFX spending via AEON Pay at 20 million+ merchants, which broadened real-world utility and demand; the integration of Meson’s gas-free USDT transfers on eSpace, eliminating bridge friction and boosting on-chain throughput; and heightened developer and investor attention following the Conflux DeFi & Ecosystem Development Conference in Hong Kong, which showcased new partnerships with Inference Labs, CycleX, Graphite, and others.
Circle’s Vision for USDC: A New Internet Money Layer with Transparency and Trust 👍🏻
Heath Tarbert, Circle’s President and former CFTC chair, shared in a Yahoo Finance interview that Circle launched $USDC in 2017-2018 to create a foundational currency layer for the internet—one that moves at internet speed and is built to last. As a U.S. public company, Circle sees going public as a key step to ensure top-tier transparency and governance. Unlike traditional financial institutions, Circle positions itself as a neutral platform, blending compliance from traditional finance with Web3 ideals. Tarbert emphasized that Circle isn’t competing with banks but sees them as ideal partners. Going public also signals to banks and tech firms that Circle is open for business, with regulatory approval, enabling significant collaboration.
I think Circle’s approach is pretty smart. They’re trying to bridge the gap between old-school finance and the wild world of Web3, which is no easy feat. Positioning USDC as a stable, internet-native currency makes sense in a digital economy that’s only getting faster. Going public to boost transparency is a bold move—it’s like saying, “We’re legit, and we’re here to stay.” Partnering with banks instead of fighting them feels like a pragmatic way to scale up while keeping regulators happy. If they pull this off, USDC could become the go-to digital dollar for a lot of players, but they’ll need to keep navigating the regulatory minefield carefully.
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#Binance
#crypto2025
#BigTechStablecoin
I've been thinking a lot about the current state of InfoFi while I was away.
1) InfoFi in general and Kaito in particular are still the superior marketing tool imo because they distribute rewards in a more efficient and metrics-driven way.
2) But that puts you as a creator at the mercy of the algorithm, with variables you may not even be aware of (while I was away I learned about the loyalty filter Kaito has). More transparency could help here.
3) Point 2 also means that if the algorithm is flawed, it can cause problems. With loudio, quite a few people engagement farmed their way to the top of the leaderboards with giveaways (no shade, get the money), but that's not the original promise of Kaito.
4) I've come to the conclusion that we're not "early" anymore, I don't think we've seen the top yet (loudio wasn't an Apecoin/Otherside or $TRUMP-like event financially), but with the current frequency of new leaderboards & rewards we're probably getting closer.
5) InfoFi needs another layer, attention alone is not "enough" (the loudio experiment showed that). What could that look like? We'll see, I think Kaito has a few things in the works (revamping Kaito Connect etc) that could add another layer here. Other players working on that as well.
All in all, I'm still bullish on InfoFi and pretty sure it’s here to stay.
But what we have right now won’t be the final answer.
Thoughts?
If you don’t love it, you won’t stick around through the boring days. Then when volatility hits, you won’t know what to do: bid, close, hold?
Consistency matters. You can be flat most of the time, but if you’ve stayed plugged in, you’ll know when and where to strike.
🚀 $ETH /USDT TRADE SETUP — ETH UP +1.04%! READY FOR THE NEXT WAVE? 🔥📈
🔹 Entry Zone:
Buy between $2,460 – $2,490 — solid range after consolidation.
🛑 Stop-Loss:
Place at $2,400 to protect your downside.
🎯 Profit Targets:
Target 1: $2,600 → Secure partial profits and move stop to breakeven.
Target 2: $2,750 → Key resistance zone.
Target 3: $2,900 → Extended target if momentum holds 🚀
📊 Risk/Reward Ratio:
About 3:1 — attractive risk/reward for swing traders.
🔄 Strategy Notes:
Watch for volume increase and strong candle closes above entry.
Good for mid-term trading with patience.
Don’t chase — wait for retracement to entry zone.
⚠️ DYOR — Markets can be volatile; trade responsibly.
🔥 Aptos Ecosystem is Heating Up! 🔥
📈 Explosive growth across Gaming, AI, Infra, and DeFi
💥 DeFi sector gaining traction
🧠 Dev activity is surging, user engagement is stronger than ever
🚀 New protocols launching across wallets, tooling, oracles & more
$APT isn’t just building… it’s BOOMING 💣
#Aptos #DeFi #Web3 #Altcoins
{spot}(APTUSDT)