Bitcoin24h $107,744.58-2.07%

Ethereum24h $2,769.29-2.60%

XRP24h $2.25-3.37%

BNB24h $664.96-0.94%

Solana24h $160.19-4.30%

Dogecoin24h $0.1896-6.20%

TRON24h $0.2751-5.36%

Cardano24h $0.6895-5.02%

Hyperliquid24h $42.79-1.82%

Sui24h $3.35-4.11%

Whales dominate Plasma launch

Plasma’s public sale launch resulted in a small number of whales dominating the initial allocation and a “gas war.”

Circle and Coinbase — a story of two public offerings

Circle’s rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.

Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.

Circle (CRCL) is going public this week, but traders transposed their excitement to another CRCL stock, which spiked 16,000%.

Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.