BigDeff20

The IPO market is alive and well, and the best example of that is Circle Internet Group (CRCL 33.82%). It's one of the hottest new crypto stocks on the market. It began trading on the New York Stock Exchange earlier this month, and from an initial public offering price of $31, it soared to a value of $133.56 as of June 13.
It doesn't hold Bitcoins or other risky digital assets, and it instead gives you a supposedly more stable way to invest in the crypto world. Here's what you need to know about the latest new crypto stock, and whether it's worth adding it to your portfolio today.
Circle Internet Group's business centers around its stablecoin
Unlike meme coins and risky, volatile assets, Circle Internet Group is an issuer of a stablecoin, USDC, which is pegged to the U.S. dollar. That means that by definition, it shouldn't experience a lot of volatility. Finding a stable investment while also investing in crypto is no easy task as often the big allure is to generate a huge profit from a fast-moving asset like Bitcoin. Circle Internet Group, however, could be a more enticing option for risk-averse investors.
The company recently launched the Circle Payments Network, which connects the USDC to eligible banks. By providing "near-instant settlement," it can help facilitate transactions all over the world. The company says that interest is growing. "We are seeing growth in start-up banks and neo-banks in many emerging markets focused on providing digital dollar payment and settlement services using USDC and the Circle stablecoin network," the company said in its IPO filing. By having more people use the network and its stablecoin, that can help Circle drive more growth for its business in the long run.
#CryptoStocks

WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the economy is expanding at "a solid pace." Changes to the Fed's rate typically — though not always — influence borrowing costs for mortgages, auto loans, credit cards, and business loans.
The central bank also released its latest quarterly projections for the economy and interest rates. It expects noticeably weaker growth, higher inflation, and slightly higher unemployment by the end of this year than it had forecast in March, before President Donald Trump announced sweeping tariffs April 2. Most of those duties were then postponed April 9. The Fed also signaled it would cut rates just once in 2026, down from two cuts projected in March.
Fed officials see inflation, according to its preferred measure, rising to 3% by the end of this year, from 2.1% in April. It also projects the unemployment rate will rise to 4.5%, from 4.2% currently. Growth is expected to slow to just 1.4% this year, down from 2.5% last year.
Despite the gloomier outlook, Fed chair Jerome Powell and other officials have underscored that they are holding off from any changes to their key rate because of the uncertainty surrounding the impact of the tariffs and economic outlook. Some of the Fed's policymakers have expressed particular concern that the duties could boost prices, creating another surge of inflation just a couple of years after the worst inflation spike in four decades. Many economists say that without the higher import taxes, the Fed would likely be cutting its rate further.
Yet so far, inflation has cooled this year to just 2.1% in April, essentially back at the central bank's target of 2%. Core inflation, which excludes the volatile food and energy categories, remains elevated at 2.5%.
At a press conference after the Fed released its latest policy statement, Powell said, "Increases in tariffs this year are likely to push up prices and weigh on economic activity." He added, however, that the extent of the impact depends on the size and duration of the tariffs. The "pause" Trump put in place on many of the tariffs is set to end on July 9, pending any deals the administration strikes with its trading partners.
"We don't yet know with any confidence where (the tariffs) will settle out," he said.
Trump has pointed to the mild inflation figures to argue that the Fed should lower borrowing costs and has repeatedly criticized Powell for not doing so. On Wednesday he called Powell "stupid" and accused him of being "political" for not cutting rates.
Powell continued to stress that the current strength in the economy allows the Fed to be patient as he spoke with reporters.
"We'll make smarter and better decisions if we wait just a couple of months or however long it takes to get a sense of what is really going to pass through to inflation."
Trump has previously argued that a rate cut would boost the economy. Now his focus has shifted to the federal government's borrowing costs, which have shot higher since the pandemic, with interest payments running at an annual rate of more than $1 trillion.
Pushing the Fed to cut rates simply to save the government on its interest payments typically raises alarms among economists, because it would threaten the Fed's congressional mandate to focus on stable prices and maximum employment.
One of Trump's complaints is that the Fed isn't cutting rates even as other central banks around the world have reduced their borrowing costs, including in Europe, Canada, and the U.K. On Tuesday, the Bank of Japan kept its key short-term rate unchanged at 0.5%, after actually raising it recently.
But the European Central Bank, Bank of Canada, and Bank of England have reduced their rates this year in part because U.S. tariffs are weakening their economies. So far the U.S. economy is mostly solid, with the unemployment rate low.
The Bank of England has cut its rate twice this year but is expected to keep it unchanged at 4.25% when it meets Thursday. #PowellRemarks

$USDC
U.S. futures markets are poised for a breakthrough as Coinbase spearheads the regulated use of USDC stablecoin as collateral, signaling a seismic leap toward mainstream financial integration.
Regulated Futures Markets Open Gates to USDC Collateral With Coinbase Leading the Charge
Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on June 18 that its subsidiary Coinbase Derivatives LLC is collaborating with Nodal Clear to incorporate stablecoin USDC as eligible collateral for U.S. futures trading. This initiative, which is part of a multi-year renewal agreement, is being developed in compliance with the U.S. Commodity Futures Trading Commission (CFTC). “This is expected to be the first regulated use case of USDC as collateral and will leverage Coinbase Custody Trust as the custodian,” the crypto exchange stated. Coinbase Custody Trust, a Qualified Custodian regulated by the New York Department of Financial Services, will serve as the custodian for this arrangement.
Coinbase CEO Brian Armstrong reinforced the importance of the development, stating on social media platform X:
Great to see progress on powering regulated use cases with USDC on Coinbase. This is the first time we’ll see USDC used as collateral in U.S. futures markets – and we will work closely with the CFTC to make this happen.
Nodal Clear, a derivatives clearing organization regulated by the CFTC and a part of EEX Group under Deutsche Börse, emphasized USDC’s alignment with its stringent risk management protocols. Paul Cusenza, chairman and CEO of Nodal Clear, opined:
Working with Coinbase Derivatives, we are excited to continue our relationship and provide innovation to the industry, such as our introduction of the first 24×7 margined futures in May 2025.
“The plans to integrate USDC as collateral represent our continued commitment to seek to be responsive to market needs and innovate,” the Nodal Clear executive noted. Coinbase emphasized its broader vision through a post on social media platform X: “Stablecoins are the future of money, and Coinbase is powering that future.”
This development comes amid increasing regulatory attention on stablecoins. The announcement followed the passage of the GENIUS Act by the Senate, which aims to provide comprehensive legal clarity and a regulatory framework for the use of stablecoins as cash equivalents in financial markets. The legislation represents a significant step toward integrating stablecoins into the traditional financial system while ensuring proper oversight and consumer protections.

$BTC
At the moment there are more than 8000 cryptocurrencies scattered across the internet, with some exciting project ideas. It was only 12 years ago where that value was 0. With this big boom in 2017 many new tokens popped up. Some tokens have some really outlandish use cases for their tokens, for instance, PotCoin. This project wants to allow its token to be used as a currency to buy legal marijuana products. There are coins made for current and past world leaders like Putin and Trump, both having zero use cases. If you thought things couldn’t get any worse, there’s even a token called the useless Ethereum token. There’s probably a few crypto memes out there about all these fun tokens and coins. 
The market is currently saturated with tokens, and it will only grow as more companies start creating cryptocurrencies to power their platforms. Expect there to be more than 6000, in the coming years and then eventually one day more than 10,000 tokens. #BTC #MyTradingStyle #GENIUSActPass

KEY POINTS
The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins, granting sweeping authority to the Department of Treasury and opening the door to banks, fintechs, and retailers.Democrats failed to secure a provision barring the president from profiting, even as Trump disclosed earning $57 million from token sales in 2024 alone.Industry giants like Amazon and Walmart are reportedly moving toward stablecoin-style offerings as payment networks brace for disruption.
The Senate on Tuesday passed the GENIUS Act, a landmark bill that for the first time establishes federal guardrails for U.S. dollar-pegged stablecoins and creates a regulated pathway for private companies to issue digital dollars with the blessing of the federal government.
The bill passed with a 68-30 vote.
#GENIUSActPass

May 2025 was a pivotal month for exchanges, broker-dealers, and clearinghouses, particularly in the realm of digital assets. The month saw major regulatory advancement in the cryptocurrency space, plus an announcement about a key technology partnership to support the Securities and Exchange Commission’s treasury clearing mandate. The digital asset sector also experienced further global expansion through strategic acquisitions made by U.S.-based digital asset organizations, and there was global expansion in the commodities space as a China-based exchange announced plans to allow direct access from overseas investors.
Regulatory framework for cryptocurrency
On May 29, the House Financial Services Committee introduced the CLARITY Act to establish a broad regulatory framework for organizations engaged with cryptocurrency. The CLARITY Act defines various types of digital assets, outlines the responsibilities for the SEC and the Commodity Futures Trading Commission in regulating various types of digital assets, and ultimately aims to reduce regulatory uncertainty around digital assets in the United States.
The CLARITY Act also establishes broad rules for stablecoins and digital asset exchanges. The committee finalized the bill in early June; it will now go to the House of Representatives.
An acquisition and a partnership
On May 8, Coinbase announced it would acquire Deribit, a Dubai-based crypto derivatives exchange. With this acquisition, Coinbase plans to offer spot, futures, and options trading within its platform, on global scale. The acquisition will expand Coinbase’s footprint and solidify it as a platform for advanced and institutional traders, as Deribit’s primary user base is institutional players.
Mergers and acquisitions within the digital asset space may be a continued trend throughout 2025 and beyond as regulatory clarity emerges and established financial services organizations look to get into the game and expand their current service offerings.
Also last month, the Securities Industry and Financial Markets Association—the leading broker-dealer trade organization—announced a strategic partnership with Arteria AI. This partnership strives to provide U.S. Treasury clearing participants with a mechanism to streamline onboarding, legal compliance and system integration when working toward compliance with the new SEC mandate requiring centralized clearing of certain U.S. Treasury repurchase transactions.
This software is already available for implementation, which will allow organizations to deploy it prior to the SEC compliance deadlines in 2026 and 2027.
Chinese exchange opens to new investors
On May 27, the Shanghai Futures Exchange announced that it would open its domestic futures business to overseas investors. This would allow foreign brokers and traders to transact directly on the exchange versus through intermediaries in their respective domicile. If passed, investors would be able to deposit margin in their own currency, which reduces currency risk, allowing them access to China’s massive commodity market, which include more unique commodities such as bitumen and butadiene rubber.
Looking ahead
As we look to the rest of June and beyond, we expect to see further global accessibility of our markets and more organizations embracing digital assets as regulations continue to take shape.
#MyTradingStyle

$USDC issuer Circle’s “moon landing moment” of its IPO and subsequently soaring stock price do little to change the stability of its flagship stablecoin, S&P Global analysts told Decrypt. But questions remain over what might happen if the publicly traded issuer were to go bankrupt.
“The IPO is completely neutral to the stablecoin stability assessment,” S&P Global Ratings analyst Muhammad Damak told Decrypt.
“Going public is not really changing any of the key metrics or issues that we follow for the SSA,” Damak’s fellow S&P analyst, Lisa Schroeer, added. “The clarity that matters most is likely to come from legislation, not corporate structure.”
The S&P analysts were very careful not to use Circle and USDC interchangeably. The former is a publicly traded company and the latter is its flagship stablecoin, which is governed by smart contracts on chains including Ethereum and Solana.
And, if USDC works as intended, then its reserves would survive the demise of its issuer. But that’s where the uncertainty creeps in, and why USDC was docked a point on its stablecoin stability assessment in December.
“The stablecoin stability assessment could improve if there is increased certainty regarding the segregation and bankruptcy remoteness of the reserve assets, and assets remain very strong,” the S&P analysts wrote in their assessment.
Bankruptcy remoteness means that certain assets—in this case, the reserves backing a stablecoin—are legally protected so they can’t be used to satisfy corporate debts in the event of bankruptcy.
It’s worth noting that Circle hasn’t tried to hide this ambiguity from investors or USDC holders. A Circle spokesperson told Decrypt that reserves are held in bankruptcy remote accounts. That means they “should remain the property of stablecoin holders, not Circle or its creditors,” they said in an email.

But there’s not yet enough legal precedent to guarantee that’s how things would go down.
“Courts have not yet considered the treatment of underlying reserve assets in the context of a bankruptcy or insolvency of a stablecoin issuer, and have only issued a limited number of rulings related to digital assets in the context of a bankruptcy or insolvency,” Circle noted in a June 5 prospectus filed with the SEC.
The company writes even more plainly in the same filing: “There is not complete certainty in a stablecoin holder’s claim to reserve assets in the event of bankruptcy or insolvency.”
At least some of this can be chalked up to Circle being one of the earliest stablecoin issuers, and the first ever to be listed on the New York Stock Exchange. But without a similar company bankruptcy to establish some legal precedent, the S&P analysts say they’re watching progress on the GENIUS Act.
The legislation would create federal oversight for payment stablecoins and set clear rules for how their reserves are managed. And, crucially, it would amend the U.S. Bankruptcy Code so that stablecoin holders get priority access to the cash backing their tokens in the event of bankruptcy.
“That’s exactly where legislation would help—making absolutely clear that if the company fails, the money backing the stablecoin is still safe and redeemable,” S&P’s Schroeer said.
And for what it’s worth, Circle wants to see its USDC holders given those protections.
“These provisions are a critical step toward enshrining in law what we already practice,” the Circle spokesperson added, “that stablecoin holders should be first in line, not left in the cold.”

Bitcoin’s Creator is Unknown
Satoshi Nakamoto created $BTC
in 2009 but never revealed his identity to the world. Many people have tried to locate him and find out who this person is and why they haven’t revealed themselves. There are huge questions looming around this. For instance:
Is Satoshi Nakamoto 1 person or a group of people?Will he ever reveal himself?Why isn’t he claiming the success of his currency?Will he unlock his supposed bitcoin wallet?Is Satoshi Nakamoto still alive?
These are all the questions people want to know and will only ever find out if this person or collective of people come forward into the limelight. If he reveals himself one day then this day could arguably be one of the greatest days in the cryptocurrency space.
Will he show himself in the future I guess we’ll never know #satoshiNakamato #BTC #DAOBaseAIBinanceTGE #FOMCMeeting