On June 6th, Elon Musk made a provocative statement on social media, asserting that former President Donald Trump is mentioned in the Epstein files. Musk suggested this connection as the
A significant liquidation event recently unfolded on Hyperliquid, dramatically impacting trader James Wynn’s positions amid Bitcoin’s price volatility. This event underscores the high-risk nature of derivatives trading, especially in the
Circle Internet Group, the issuer of the USDC stablecoin, launched its long-awaited initial public offering in late May and shares soared on its trading debut on June 5. Circle upsized the deal and priced 34 million shares at $31 each, raising about $1.1 billion. The company was valued at $6.8 billion before trading began, or roughly $8 billion on a fully diluted basis. Circle originally planned a smaller offering of 24 million shares in the $24–$26 range, later raised to $27-$28, but strong demand drove the final size and price above those ranges. The offering ranks as one of the largest crypto-related listings since Coinbase’s Nasdaq debut in 2021. A hot start Circle’s stock began trading on the New York Stock Exchange under the ticker CRCL on June 5. The debut saw a surge in price with shares opening around $69.50 (up 124% from the $31 IPO price) and traded as high as $103.75. This sharp gain signals strong investor appetite for a crypto firm’s listing. For comparison, Coinbase’s 2021 had an initial reference price of $250 and closed its first day near $328. Shares completely lost any post-IPO momentum and are now sitting at $245. However, the stock bottomed in 2023 at $31.55. Is Circle doomed to see a similar fate? Analysts aren’t convinced. For starters, Circle’s core stablecoin, USD Coin ( USDC ), is already one of the world’s largest cryptocurrencies with roughly $60–61 billion in circulating supply, and is second only to Tether. USDC’s adoption by exchanges, payment providers, and banks has made Circle a key player in digital finance. The firm’s financial track record is also stronger than many crypto startups. Notably, it reported $1.68 billion in revenue for 2024. Circle’s net income was $155.7 million last year, which was down from $267.5 million in 2023. Regardless, the company is profitable, which is a rarity among crypto-native firms. One would expect that support from the crypto friendly White House will translate to rising profits over the coming years. Reactions and outlook Market commentators have praised Circle’s move as a sign that crypto firms can meet “investor and regulatory expectations.” Roshan Robert, U.S. CEO of the OKX exchange, told crypto.news in a statement that Circle’s IPO represents “a major milestone, not just for stablecoins,” adding that it “demonstrates that crypto firms can operate transparently and compliantly in U.S. markets.” Robert also noted that IPO readiness is no longer theoretical but strategic, adding that OKX is building with a long-term mindset focused on compliance and growth. He noted the IPO “tests whether [public markets] are truly ready to meet investor and regulatory expectations,” and that companies like Circle are “helping define what [IPO] readiness looks like.” Circle itself has emphasized transparency in its S-1 filings, noting that going public will subject it to U.S. securities laws and rigorous disclosures “designed to engender trust” from banks, enterprises and regulators. Circle’s success also shines a light on the regulatory environment. Policymakers in Washington have been debating stablecoin rules as Circle prepared its IPO. The company’s strong debut may reinforce the case for clearer oversight of digital dollars, since Circle can now prove it can manage the scrutiny that public companies are subject to. If Circle maintains compliance and growth, it may indeed “open public markets” wider to more digital-asset businesses, as Robert noted. .
Circle has officially launched on the New York Stock Exchange, marking a pivotal moment for the USDC stablecoin issuer under the ticker symbol CRCL. This public listing highlights Circle’s commitment
Bitcoin climbed to a fresh peak in May, but upward momentum slowed as long-term holders began locking in profits. Its price has remained relatively stable this week, fluctuating within a narrow range of $103,000 to $106,000. At the time of writing, the crypto asset trades below $105,000, which represents a minor decline over the past day. Despite the subdued price action, Bitcoin is seeing an increased user participation. Strong BTC Network Growth Bitcoin’s on-chain activity has spiked sharply this week, according to the latest analysis from Santiment. On May 29, the network registered 556,830 newly created wallets – the highest daily total since December 2, 2023, representing a significant surge in user growth. Just days later, on June 2, Bitcoin saw its most active circulation day since December 8, 2024, with 241,360 BTC moved. These activity spikes coincide with Bitcoin’s price trading just below $105,000. Santiment noted that rising network growth and token circulation are typically bullish indicators, pointing to a renewed interest and broader utility at a time when the crypto market continues to consolidate. The latest activity comes as Bitcoin sees renewed bullish accumulation, with new whales, wallets holding 1,000+ BTC with coins aged under six months, doubling their holdings to 1.1 million BTC since March. This 600K BTC surge, which is around $63 billion, now represents 5.6% of the total supply, indicating intensified fresh capital inflows. Unlike long-held coins, these recent buys suggest increased investor conviction. Combined with a 30% drop in exchange balances and increasing institutional adoption, market experts view this behavior as a setup for a supply squeeze. While increased network activity and accumulation trends paint a strong demand-side picture, miner-focused metrics are now offering additional insights into the current market setup. Bitcoin Hash Ribbons Flash Rare Buy Signal Bitcoin’s Hash Ribbons indicator has issued a new buy signal, highlighting stress within the mining sector. The tool monitors the 30-day and 60-day hashrate moving averages to detect periods when mining becomes less profitable. Such stress often forces miners to sell their BTC, adding short-term selling pressure. However, this has historically reflected attractive buying opportunities for long-term investors. Given Bitcoin’s hash rate has recently hit all-time highs, the emergence of this signal suggests the current market dip may be worth buying. It’s important to note that, aside from 2021’s mining ban in China, this indicator has proven consistently reliable in identifying solid entry points. The post Bitcoin (BTC) Sees Highest Wallet Growth and Circulation Spikes of 2025 appeared first on CryptoPotato .
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Fartcoin and Bonk surge as memecoin momentum returns while Wall Street Ponke enters strong with $300k raised in 24 hours. Table of Contents New waves in memecoins could signal stronger altcoin cycles ahead Wall Street Ponke value, why it matters Wall Street Ponke attracts attention as new investors join the 100x hunt Building trust with smart tools and real utility Big rewards are fueling long-term growth Why choose Wall Street Ponke? Fartcoin and Bonk have surged this week, drawing renewed attention to the memecoin sector. With Fartcoin up nearly 90 percent in just two weeks and Bonk gaining over 30 percent, traders are hunting for the next breakout meme token. Even amid global economic uncertainty, memecoins are proving they can deliver serious returns. The momentum is building, and while some of the spotlight is on short-term hype, investors are also keeping an eye out for more grounded projects with staying power. You might also like: Wall Street Ponke could surpass TRUMP, PEPE; Could it be the next 100x memecoin? New waves in memecoins could signal stronger altcoin cycles ahead Ethereum continues to position itself as the go-to blockchain for innovation. With Vitalik Buterin’s recent proposal to implement RISC V architecture on Ethereum’s execution layer, the foundation for greater scalability is being laid. This opens new doors for tokens that offer more than just memes. That’s where Wall Street Ponke enters the conversation. Built on Ethereum, this meme token is beginning to catch attention not only for its theme but for its early performance and rising interest. In its first 24 hours, Wall Street Ponke’s presale brought in over $300,000. The project’s staking rewards, which go as high as 1200 percent APY , have already begun attracting serious interest from early adopters. Memecoin rally picks up speed, Is Wall Street Ponke next in line? With the total memecoin market cap nearing $50 billion, BONK and FARTCOIN may just be the beginning. As excitement returns, Wall Street Ponke is positioning itself as a contender with long-term vision. It offers a unique trading experience through the WPonke terminal, plus an E-learning platform designed to help users build trading knowledge over time. Early interest suggests that Wall Street Ponke may not just be a meme, but a movement. Wall Street Ponke value, why it matters AI-powered smart contract scanning and token risk assessment. Real-time alerts for suspicious activity or market red flags. Fully audited smart contract for added investor trust. WPonke Trading Platform, an AI-based terminal for safer trading. E-learning hub with tutorials, signals, and community interaction. Raised over $300,000 within the first 24 hours of launch. Staking rewards up to 1200 percent APY. These features are turning heads in the Ethereum space, especially among traders looking for tools that offer both protection and upside. As memecoins surge back into the spotlight, Wall Street Ponke is quietly building a foundation for lasting relevance. It might just be the best crypto to buy now for 100x gains. Join the Wall Street Ponke presale before its tier 1 exchange listing is announced. Wall Street Ponke attracts attention as new investors join the 100x hunt Memecoins are heating up again, but this time the smart money is following utility — not just memes. Wall Street Ponke is gaining traction by doing both. In just 24 hours, the project raised over $300,000, showing early investors are already paying attention. It’s not just a token, it’s a full crypto experience with real tools, staking, and community learning. Building trust with smart tools and real utility Wall Street Ponke is built on Ethereum and offers a unique AI-powered terminal that scans contracts, detects shady tokens, and sends out real-time alerts before users make a mistake. That intelligence layer is backed by a fully audited smart contract and connected to an E-learning hub designed to grow trading knowledge, from beginner steps to expert strategies. This makes the platform more than just a coin. It’s a safer space for new traders and a helpful layer for experienced ones. Big rewards are fueling long-term growth Wall Street Ponke isn’t only about protecting users, it also rewards them. Staking offers up to 1185 percent APY, one of the highest in the market right now. This encourages long-term holding while reducing panic selling , a smart formula for early success. Why choose Wall Street Ponke? Raised over $300,000 in the first 24 hours AI-powered smart contract scanner and token risk system E-learning platform with tutorials, signals, and user engagement Staking rewards up to 1185 percent APY For those watching the meme market for the next big breakout, Wall Street Ponke stands out as a project that mixes hype, protection, education, and early momentum, all in one place. Read more: SHIB up 15% this month: Time to buy now or is Wall Street Ponke the next 100x meme coin? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
A suspect linked to a series of violent crypto-related kidnappings in France has been arrested in Morocco, highlighting critical security concerns within the cryptocurrency sector. The arrest involves high-profile crypto
Bitwise CIO Matt Hougan confirms that the XRP ETF approval process is progressing steadily, signaling growing institutional confidence in crypto investments. Institutional adoption is accelerating as regulatory clarity improves, with
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method for litecoin (