📊 Morning Crypto Brief | 16.08
📌 Market check:
Bitcoin: -1.35% → ~$117,460
Ethereum: -4.55% → ~$4,425
Solana (SOL): -5.17% → ~$186
🏦 Crypto Invades Wall Street
Circle made a blockbuster debut — its shares exploded almost 5x!
And the pipeline is heating up: Bullish, Gemini, Grayscale, BitGo, Fireblocks, Consensys, and Kraken are all lining up for their shot.
💰 Gemini’s Bold IPO Play
Here’s what the exchange disclosed:
1H 2025 revenue: $68.6M
Net loss: $282.5M
(For context: in 2024, losses were just $41.4M on $74.3M revenue).
Still, Gemini is aiming straight for Nasdaq.
👉 Is this a daring bet on the future — or a last roll of the dice?