Bitcoin24h $117,496.35+1.43%

Ethereum24h $3,754.11+0.97%

XRP24h $3.18+1.78%

BNB24h $783.34+1.71%

Solana24h $188.21+4.40%

Dogecoin24h $0.2380+3.36%

TRON24h $0.3178+0.66%

Cardano24h $0.8247+2.66%

Hyperliquid24h $44.63+4.25%

Sui24h $4.04+9.13%

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.