Circle Internet Financial, the company behind the USDC stablecoin, has priced its initial public offering at $31 per share , raising $1.05b in one of the largest US listings this year. The upsized deal, confirmed late Wednesday, will see Circle begin trading Thursday on the New York Stock Exchange under the ticker symbol CRCL. The Boston-based firm, co-founded by CEO Jeremy Allaire in 2013, sold 34m shares in total, with 14.8m coming from the company and 19.2m from existing shareholders. Demand was robust, with the offering reportedly more than 25 times oversubscribed by the time books closed on Tuesday. The pricing gives Circle a valuation of $6.9b based on listed shares, and around $8.1b fully diluted. Circle Sees Strong Fundamentals as USDC Use Grows Across Payments and Trading Circle’s debut comes as investor appetite for crypto-adjacent stocks shows renewed strength, following a year in which the company generated $1.68b in revenue and reserve income. While net income fell to $156m from $268m the year before, the firm’s fundamentals remain strong, bolstered by the growing use of USDC in digital payments and crypto trading. USDC is the second-largest stablecoin globally, with more than $61b in circulation as of May 29. It currently accounts for about 29% of the stablecoin market, according to CoinMarketCap. Circle also issues a euro-backed stablecoin, EURC, and provides infrastructure and payment tools to businesses integrating digital currencies. Circle Secures BlackRock, ARK Interest as IPO Marks Shift in Digital Asset Adoption Major investors signaled confidence in the offering. ARK Invest showed interest in purchasing up to $150m in shares, while BlackRock is expected to acquire roughly 10% of the IPO allocation. BlackRock also manages the Circle Reserve Fund, a government money market fund holding 90% of USDC’s reserves, valued at $53.3b as of this week. BlackRock is reportedly planning to purchase around 10% of the shares offered in @Circle upcoming IPO according to a Bloomberg report. #USDC #Circle https://t.co/yabSKAOV47 — Cryptonews.com (@cryptonews) May 28, 2025 The offering marks a significant step in Circle’s long-awaited journey to the public markets. The firm previously abandoned a SPAC merger in 2022 that would have valued it at $9n. After confidentially refiling for a traditional IPO earlier this year, Circle has now succeeded in making one of the largest crypto-linked listings since Coinbase’s debut in 2021. As regulatory clarity improves under President Donald Trump’s administration and institutional demand for digital assets accelerates, Circle’s IPO positions it at the intersection of crypto innovation and traditional finance. With Wall Street backing and a solid balance sheet, the firm enters the public markets under bright lights and high expectations. The post Circle Upsizes NYSE IPO to $1.05B — Here’s What Investors Should Watch appeared first on Cryptonews .
The post Pi Network Price Prediction: Could Prices Below $0.70 Be the Best Buy Before the Next Rally? appeared first on Coinpedia Fintech News The Pi Network is once again making headlines — but not for the reasons its community would hope. Migration issues are still troubling users, and the price of Pi Coin has dropped sharply since its earlier highs. Pi Network is currently trading at $0.65 and is in the red. The coin has fallen 11% over the past seven days and has been stuck in a bearish trend, slipping from $0.6549 and staying below the 50 EMA. For now, support at $0.6494 is holding, which is an important level to watch. On the upside, resistance sits at $0.70 and $0.80. The RSI is at 40, which means the coin is getting close to the oversold zone. This could bring some buying interest soon. Is Pi at $0.64 a Bargain? Not everyone is bearish. Some analysts see the current price as an opportunity. Crypto researcher Kim Wong called $0.64 a ‘bargain zone’, reminding followers that Pi once reached $3 and now ranks 28th globally by market cap. He argued that while 80% of early users abandoned the project, the remaining 20% are starting to benefit as the network slowly stabilizes. Wong explained that as more users complete their KYC and transfer tokens to personal wallets, the circulating supply will tighten. Combined with the Pi team’s new $100 million venture fund and potential partnerships, this could set the stage for future growth. Despite short-term challenges, crypto analysts still trust in Pi’s long-term potential. If trading volumes rise, new decentralized apps (DApps) launch on the mainnet, and big exchanges like Binance or Coinbase list Pi, it could trigger a strong rally. However, concerns remain about the project’s transparency, governance, and delays in migration processes. These issues have kept investor sentiment cautious, and without major improvements soon, Pi’s price might continue to struggle.
Nvidia’s new Blackwell chips are changing how quickly artificial intelligence systems can be trained. In the latest round of benchmarking results released on Wednesday by MLCommons, a nonprofit group that tracks and compares the capabilities of AI chips , the Blackwell architecture programmed by Nvidia set records. When tested with Meta’s open-source Llama 3.1 405B model, one of its biggest and most complex AI models, training was finished in only 27 minutes using Blackwell chips. This was done with only 2,496 Blackwell GPUs, an order of magnitude less than what it would have taken with Nvidia’s previous Hopper chips. In contrast, previous designs used over three times as many Hopper GPUs to deliver equivalent performance. By the chip, Blackwell was more than twice as speedy, which was a huge jump in convergence efficiency. That kind of performance boost could translate into major time and cost savings for organizations training trillion-parameter models. These results are believed to be the first MLCommons benchmarks for training models at these extreme scales and provide a real-world measurement of how well chips handle the most demanding AI workloads. CoreWeave, Nvidia drive smarter AI scaling Not only were the results a victory for Nvidia, but they also highlighted the work of CoreWeave, a cloud infrastructure company that partnered on the tests. In a press conference, CoreWeave Chief Product Officer Chetan Kapoor pointed out a general direction that increasingly made sense in the industry: away from large, homogeneous blocks of tens of thousands of GPUs. Rather than building a single, massive, monolithic computing system, companies are now looking at smaller, interconnected subsets that can manage massive model training more efficiently and with better scaling. Kapoor said that with such a technique, developers can continue scaling up or cutting down the time required to train extremely large models with trillions of parameters. The move to the modular deployment of hardware is also necessary as the size and complexity of AI models only inflate. Blackwell puts Nvidia in the lead for AI model training Though the focus lately has shifted to AI inference, in which models like ChatGPT1 answer user questions in real-time, training is still the workhorse of AI development . The training part gives these models their smarts, allowing them to understand language, tackle some of our most challenging problems, and even produce human-like prose. The computation is highly demanding and requires thousands of high-performance chips to operate for long periods, typically days, if not weeks or months. That has changed with Nvidia’s Blackwell architecture . By radically cutting the chips and time it takes to train gargantuan AI models, Blackwell chips give Nvidia a better hand in a market where speed and efficiency rule the roost. Training models such as Meta’s Llama 3.1 405B, which has trillions of parameters, have previously had to be run on huge clusters of GPUs and have been an expensive energy-guzzling process. Such performance gains are a significant leg up at a time when there is blistering demand for ever larger and more powerful AI models across many industries — from health care and finance to education and autonomous vehicles. It also sends a clear message to Nvidia’s rivals. Now, chip companies like AMD and Intel, which are working on their AI-specific chips, are under greater pressure to maintain a similar pace. AMD submitted to the MLCommons benchmark test but didn’t show results for a model as large as Llamas 3.1 405B. Nvidia was the only one that tested at the high end of the benchmark, proving that it was the superior hardware and willing to take on the hardest challenges. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Treasure Global Inc. has unveiled a $100 million digital asset reserve plan, marking a significant step toward integrating blockchain technology with its upcoming AI Consumer Intelligence Platform by 2025. This
Matrixport is undertaking a strategic review of its crypto product offerings amid Bitcoin’s sustained market dominance, signaling a cautious stance in a volatile environment. The suspension of a key strategy
Circle Internet Group has significantly increased its IPO size to $1.05 billion, signaling strong investor confidence ahead of its NYSE debut on June 5. The company plans to sell 34
The post XRP to $1,000? Ripple Co-founder Could Be Worth $2.7 Trillion, 500K Millionaire Boom Predicted appeared first on Coinpedia Fintech News XRP is currently trading at $2.20, down 2.3% in the last 24 hours and about 4% over the past week. But zooming out, the picture looks brighter as it has surged over 300% in the past year. While some experts have made unrealistic predictions of it hitting $1,000, others remain divided on how high XRP can go. According to a viral post doing rounds on X (formerly Twitter), Chris Larsen, the co-founder of Ripple, owns around 2.7 billion XRP. If XRP ever reaches $1000 per coin, his net worth could skyrocket to $2.7 trillion. This would make him the first trillionaire in history, far ahead of Elon Musk and Jeff Bezos. But Larsen would not be the only one to be on the XRP rich list. If XRP holders do not sell their coins, it could give birth to new ultra-wealthy individuals. There could be around 300 to 500 new billionaires, 10,000 people with over $100 million, 100,000 with over $10 million, and about 500,000 new millionaires. XRP is never going to $1000 $10 is possible. $100 is unlikely. $1000 will never happen. — Matthew Turner (@MbtHawk) June 5, 2025 What It Would Take for XRP to Rewrite Financial History? However, many claim that this is extremely unlikely in the short term. XRP would need to jump nearly 50,000% to hit $1,000. Some experts like Matthew Brienen and Patrick Bet-David believe it’s possible due to XRP’s role in global payments. However, it is doubtful if it will ever reach that level, even in 25 years. If XRP hit $1,000 with its current supply of about 58.4 billion tokens, its total market value would be around $58.4 trillion. That is way more than the value of gold (about $22.4 trillion), Apple (around $3 trillion), Bitcoin ($1.7 trillion), and the entire crypto market ($2.7 trillion). XRP would be worth more than all of them combined, which shows just how unlikely that price is. XRP Price Prediction (Short-term) XRP is currently trading at $2.20. Most oscillators are neutral, with only momentum suggesting a buy. All short- to medium-term moving averages are signaling sell, except the 200-period EMA. It recently bounced back from a low of $2.07, but it could not rise above the resistance at $2.27. Key support levels to watch are $2.22, $2.07, and lower zones around $1.92, $1.85, and $1.61. Although price faces some downward pressure, the rising trading activity and liquidations in the derivatives market hint at a possible recovery ahead. XRP isn’t hitting $1,000 or even $100 anytime soon. Some say $4 or even $10 might be possible. And $1,000 is just off the table. Also, there is always this question looming- “What if Larsen decides to sell a big chunk?” That could cause the price to drop quickly and create a lot of market chaos.
The Ethereum Foundation has unveiled a comprehensive new treasury policy designed to optimize reserve management, reduce operating costs, and integrate DeFi protocols while upholding core privacy principles. This strategic shift
The crypto space in June 2025 reflects a mix of movements. Tron (TRX), Toncoin (TON), and Cardano (ADA) are moving through unstable phases. Tron stays steady with signs of strength, Toncoin is forming a pattern hinting at a breakout, while Cardano is looking for support in a downtrend. While these well-known names face ongoing price shifts, BlockDAG (BDAG) is steadily gaining traction. It has become one of the most popular cryptos right now, showing solid momentum and growing attention. With clear interest from the community, BlockDAG’s position is hard to overlook. Below is a breakdown of how other top players are doing and why BlockDAG’s entry at $0.0018 could prove to be a rare advantage in 2025. 1. BlockDAG: $0.0018 Entry Draws Heavy Interest Across Crypto Circles BlockDAG is becoming a widely followed name among the most popular cryptos right now. With more than $285 million in presale funds and 21.9 billion BDAG coins already sold, it has made a clear impact. Its limited-time $0.0018 entry price offers a path to a 2,678% ROI based on the confirmed launch price of $0.05. But it’s the technical setup that adds more weight. BlockDAG (BDAG) offers full EVM compatibility, allowing Ethereum-based apps to transition directly into its system. This opens the door for easy expansion in Web3, NFTs, and DeFi. Its dual-layer blockchain and DAG model supports large-scale activity without clogging the network, solving a common issue seen elsewhere. The network’s GO LIVE reveal on June 13 will announce 20 exchange listings at once, bringing global recognition to the project. On the same day, the $0.0018 entry expires. For those following the most popular cryptos right now, BlockDAG’s low price and exchange exposure make it a standout option in 2025. 2. Tron (TRX): Holding Firm Through Changing Market Conditions Tron (TRX) is staying stable despite the wider market’s uncertain pace. At $0.2705, it holds above $0.26, supported by lower risk indicators like Beta and VaR. These show less exposure to sudden price shifts. It has moved ahead of Cardano in terms of market cap and now ranks ninth overall. Tron also leads in stablecoin volume, handling more daily USDT transfers than Ethereum. Experts project prices between $0.2645 and $0.6133 for 2025, with an average around $0.4426. Though not part of the top crypto presale trend, Tron’s steady performance keeps it on the radar of those favoring stable, proven platforms. 3. Toncoin (TON): A Technical Setup Worth Watching Toncoin (TON), now priced at $3.21, has risen 2.68% over the last day. It has been holding a range between $2.20 and $3.50 after reaching over $5 earlier in the year. Technical patterns suggest a triangle setup, often linked to a future breakout. Projections place its June 2025 price between $2.23 and $3.18, with a mid-range estimate near $2.53. Though not among the most popular cryptos right now in presale circles, Toncoin’s technical signals make it a strong mid-term option for those tracking potential breakouts. 4. Cardano (ADA): Waiting for a Turn in Sentiment Cardano (ADA) is priced at $0.6949, showing a small 2.38% daily climb. It recently slipped below the $0.72 support level, keeping the tone cautious. Forecasts range from $0.7029 to $0.9169 for June, with an average projection of $0.7758. However, ADA’s low momentum is still a concern despite its robust base technology. While it doesn’t carry the short-term appeal of the most popular cryptos right now, Cardano stays relevant for long-term followers due to its solid fundamentals and active development. Final Call! Tron, Toncoin, and Cardano are continuing their separate growth tracks, each with their own strengths. But when it comes to real-time traction, BlockDAG is clearly ahead. With $285 million raised in presale, 21.9 billion coins sold, EVM-ready architecture, and upcoming exchange listings, BlockDAG has what it takes to be among the most popular cryptos right now. Its hybrid structure and fast onboarding features provide key value to developers. For those seeking strong 2025 upside, BlockDAG’s current price may offer one of the last early access points before broader exposure takes hold. With all major signals pointing forward, it’s becoming a central name in conversations around the most popular cryptos right now . The post 4 Most Popular Cryptos Right Now That Are Exceeding Expectations: Tron, Toncoin, Cardano, & BlockDAG appeared first on TheCoinrise.com .
Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently called that plan a waste. Lummis pushed back. Related Reading: XRP Could Transform Your Finances Long Before $10K, Angel Investor Says Lummis told Bloomberg the military thinks having Bitcoin on hand matters. She said it could be a tool in the economic contest with China. Some see that as a bold step. Others say it’s risky. Military Backs Bitcoin Reserve According to the senator, military leaders say Bitcoin could help in an economic showdown. They see it as a way to hold value if traditional assets get hit by sanctions or big moves from other nations. She spoke about weapons and ammunitions being part of national security, but she added that a Bitcoin reserve is also vital. Some military voices have warned that future conflicts won’t just be fought on battlefields. Money and digital assets could play a key role too. Legislative And Executive Moves Based on reports, Lummis introduced a bill to have the US buy and hold 1 million BTC. That would mirror what countries do with gold. The idea is to pull funds from the Treasury or Federal Reserve rather than use new budget money. It has not moved far in Congress. Still, US President Donald Trump issued an order on March 6, 2025, to set up a Bitcoin reserve plus a digital asset stockpile for other coins. He said the government would use assets seized in civil and criminal actions to start the fund. That means some 200,000 BTC the government already has could be part of it. Lummis Sees Bitcoin Price Rising In The Next Decade Lummis unveiled a proprietary model forecasting a dramatic rise in Bitcoin’s price over the next decade, citing factors such as its fixed supply, growing institutional adoption, and expanding network effects. Analysts caution that such long-term forecasts hinge on unpredictable factors like regulatory shifts, technological breakthroughs, and market sentiment, any of which could derail even the most optimistic projections. She also praised Trump for pushing simple rules for crypto and for using digital coins as part of national strategy. Trump’s family runs a DeFi platform, a stablecoin project, and even some meme coins. Lummis thinks everyone will end up in the crypto economy sooner or later. Related Reading: $500M Bet On Solana: Education Platform Aims To Supercharge Its Treasury Skeptic Voices And Uncertain Path Jamie Dimon disagrees. He calls the Bitcoin reserve a waste of resources. Other experts worry about Bitcoin’s ups and downs. They say a strategic reserve shouldn’t ride on something that can swing 20% in a single day. Some economists at top universities give zero support to borrowing money to build a crypto stash. They argue it doesn’t make sense against the US’s nearly $36 trillion national debt. For now, the bill to buy 1 million BTC sits in committee. Featured image from Imagen, chart from TradingView