Month: June 2025

Red-Hot Circle Already Has Two ETFs Devoted to It in the Works

Two well-known ETF issuers are racing to bring funds to market that track the explosive rise of Circle’s newly public stock. Bitwise and ProShares late Friday each submitted applications with the U.S. Securities and Exchange Commission (SEC) to launch exchange-traded funds (ETFs) tied to Circle (CRCL). Both funds would...
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Why are Bitcoin and crypto prices going up today?

Bitcoin and top altcoins like Venice Token, Kaia, Ravencoin, Fartcoin, and SPX6900 rose on Monday as U.S.-China trade talks got underway. Bitcoin (BTC) climbed to $108,000, its highest level since May 29, marking a 7.55% gain from its monthly low.…...
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OpenAI hits $10b in annual revenue but posts $5b loss

OpenAI has officially surpassed $10 billion in annual recurring revenue, driven by strong demand for its ChatGPT chatbot and related business products. According to CNBC’s reporting, OpenAI hit this milestone in less than three years since the initial launch of…...
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U.S. crypto companies announce support for BRCA inclusion

Eight US-based crypto firms have voiced support for blockchain regulatory clarity in the U.S. CLARITY Act. Eight major crypto policy organizations and firms have voiced strong support for the inclusion of the Blockchain Regulatory Certainty Act in the updated version…...
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Wall Street Cheers Circle IPO, But Bitcoin Sentiment Still Flat

Wall Street is piling into crypto equities, but markets haven’t responded with similar excitement. In fact, Bitcoin funding rates remain low, which is indicative of a continued caution as the world’s leading crypto asset trades around the $107K mark. Bitcoin Traders Remain Cautious There’s a growing disconnect between public...
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