Crypto exchange Gemini wants to twin with Circle, CRCL shares are still soaring, and Strategy has another preferred stock offering.
BitcoinWorld U.S. Stock Market Experiences Powerful Open: What This Market Rally Means Welcome back to our market coverage! While our focus is often on the dynamic world of cryptocurrencies, understanding broader financial markets , especially the U.S. stock market , is crucial. Today brings noteworthy news from Wall Street as major indices opened the trading session on a positive note. Let’s dive into the details of this promising start and what it could signal for investors. Decoding Today’s U.S. Stock Market Open Today’s trading session kicked off with major U.S. stock indices showing immediate gains. This positive momentum indicates a potential shift in investor sentiment or response to recent economic data. Here’s a quick look at how the main indices performed right at the open: S&P 500: Up 0.08% NASDAQ Composite: Up 1.07% Dow Jones Industrial Average: Up 0.74% The NASDAQ, heavily weighted towards technology stocks, showed the most significant initial climb, suggesting strong early confidence in the tech sector. The Dow, representing 30 large U.S. companies, also posted a solid gain, indicating broad-based optimism. The S&P 500, a benchmark for the overall market, showed a more modest but still positive start. What’s Driving This Early Market Rally? Several factors can influence why the U.S. stock market starts the day higher. While the exact catalysts for today’s open are subject to ongoing analysis, here are some common drivers behind a positive market open: 1. Positive Economic Data Releases: News related to inflation, employment, manufacturing, or consumer confidence released before the market open can significantly impact sentiment. Strong data often fuels optimism about economic growth. 2. Corporate Earnings Reports: Positive earnings surprises from major companies, especially those reporting before the market opens, can boost investor confidence and lift stock prices. 3. Global Market Performance: Positive trends in Asian and European markets overnight can set a positive tone for the U.S. open. 4. Geopolitical Stability: Easing tensions or positive diplomatic developments can reduce uncertainty and encourage investing . 5. Technical Factors: Market psychology, trading algorithms, and the clearing of early sell orders can also contribute to an initial upward movement. Understanding these potential drivers is key to interpreting the day’s stock market news beyond just the numbers. How Does Stock Market Performance Impact Crypto Investors? You might wonder why stock market news is relevant if your primary interest is cryptocurrency. The truth is, traditional financial markets and the crypto space are increasingly interconnected. Here’s how: Risk Appetite: When traditional markets like stocks perform well, it often signals higher investor risk appetite. This can sometimes spill over into riskier assets like cryptocurrencies, leading to increased buying pressure. Macroeconomic Sentiment: The same economic forces (inflation, interest rates, economic growth) that influence stock markets also impact crypto. A positive stock market open might reflect optimism about the broader economy, which can be bullish for crypto as well. Institutional Flows: Large institutions often invest in both asset classes. Positive performance in their stock portfolios might free up capital or increase confidence for allocations into digital assets. Liquidity: A strong stock market can contribute to overall market liquidity, making it easier for investors to move capital between different asset classes, including crypto. Therefore, keeping an eye on the U.S. stock market provides valuable context for understanding the wider investment landscape and potential movements in the crypto world. Navigating the Market: Actionable Insights for Investing A positive market open is just the beginning of the trading day. For those interested in investing , whether in stocks or crypto, here are some actionable insights: Stay Informed: Continue monitoring stock market news throughout the day. Initial opens don’t guarantee the day’s closing performance. Look for sustained trends and key developments. Understand Correlations: Observe how major cryptocurrencies react to significant moves in the stock market today. While not always perfectly correlated, divergence or convergence can offer clues. Review Your Portfolio: A strong market day might present opportunities to rebalance your portfolio according to your risk tolerance and investment goals. Look Beyond the Indices: While the S&P 500, NASDAQ, and Dow give a snapshot, delve into specific sectors or stocks that are performing well (or poorly) to understand the underlying market dynamics. Remember, financial markets are complex. A single day’s positive open is a data point, not a guarantee of future performance. Due diligence and a long-term perspective are always recommended. Potential Challenges and What to Watch For Despite the positive open and the initial market rally , challenges and potential headwinds always exist. Investors should remain aware of: Volatility: Markets can reverse course quickly based on unexpected news or shifts in sentiment. Upcoming Data: Major economic reports or central bank announcements later in the day or week could change the market’s direction. Sector Rotation: Even within a positive market, some sectors might lag while others lead. Global Events: International incidents can introduce uncertainty into even a strong domestic market. Monitoring these factors is essential for a comprehensive understanding of the market’s health beyond the initial optimism. Conclusion: A Promising Start for Financial Markets Today’s higher open for the U.S. stock market is a positive signal, reflecting potential optimism about the economy or specific sectors. While this initial market rally is encouraging for those involved in investing across various asset classes, including crypto, it’s crucial to approach it with a balanced perspective. Continue to follow the stock market news and broader trends in the financial markets to make informed decisions. The interplay between traditional finance and the burgeoning digital asset space makes understanding both more valuable than ever. To learn more about the latest financial market trends , explore our article on key developments shaping investing strategies for future growth. This post U.S. Stock Market Experiences Powerful Open: What This Market Rally Means first appeared on BitcoinWorld and is written by Editorial Team
The post Gemini Takes Step Toward IPO in Confidential Filing: Crypto IPOs Heat Up appeared first on Coinpedia Fintech News Gemini Space Station, Inc., a well established cryptocurrency exchange by the Winklevoss brothers, has filed for a confidential Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). According to the announcement on June 6, 2025, Gemini submitted a draft registration statement in Form S-1 with the SEC to offer its Class A common stock. However, since the Gemini filing was confidential, the details regarding the number of shares of Class A common stock to be sold remain unknown. Moreover, the Gemini IPO is expected to take place after the SEC completes the review process. Gemini IPO Confirms Crypto Season The filing of the Gemini IPO follows its recent legal settlement with the Commodity Futures Trading Commission (CFTC), which resulted in a $5 million settlement from the crypto exchange. Additionally, the U.S. SEC closed its investigations on Gemini, which gave the company confidence to file for an IPO. The Gemini IPO coincides with the recently closed Circle Internet Group Inc. (NYSE: CRCL), which currently has a market cap of about $15 billion. More crypto IPOs are expected in the coming quarters, with Wall Street expecting Kraken, Bullish, and BitGo exchanges soon. Market Impact The notable filings of IPOs by crypto-related firms in the recent past solidifies the mainstream adoption of blockchain technology and digital assets. With the U.S. SEC likely to approve the Gemini IPO, especially following the recent move on the Circle deal, more crypto related companies are likely to move in the same direction. Consequently, it is safe to assume more crypto bull markets will happen in the coming years catalyzed by institutional cash and clear crypto regulatory frameworks.
Strategy has expanded its Series A Perpetual Stride Preferred Stock (STRD) offering to nearly $980 million, signaling a robust commitment to Bitcoin acquisitions and corporate growth. The offering, priced at
The U.S. Bureau of Labor Statistics has revised downward the job growth figures for March and April 2025, signaling a softer labor market than initially reported. This adjustment reduces total
Ethereum’s MVRV metric continues to decline, signaling potential bearish momentum unless it surpasses the critical 1.90 threshold. The altcoin recently experienced a sharp drop to $1,300 amid macroeconomic volatility, underscoring
MVRV keeps sliding and unless ETH reclaims 1.90, bulls may be sidelined for longer than expected.
Quant analyst PlanB is leaning bullish on Bitcoin ( BTC ) as the flagship crypto asset trades in a range below the all-time high reached late last month. In a new strategy session, PlanB tells his 213,000 YouTube subscribers that Bitcoin is far away from reaching the peak of the current four-year cycle based on the stock-to-flow model. The stock-to-flow model is a predictive tool that assumes the scarcity of a commodity drives the price. “Bitcoin price [is] at $104,000, which is still far away from the stock-to-flow value of $500,000 based on fundamentals, scarcity fundamentals. That’s what I expect the average over this four-year cycle to be. So we’re still far away from that. But we’re also still only one year in the cycle, we have three years to go and so I think Bitcoin is very undervalued.” According to Plan B, Bitcoin is at the “very beginning of a bull market” based on historical precedent. “We made a fake loop in bull market territory after the January 2024 [spot Bitcoin exchange-traded funds] ETF introductions. And we’re now right back at where all the bull markets in the past have started. So it’s a very bullish signal if you ask me.” The quant analyst says Bitcoin could skyrocket by up to approximately 860% over the course of the current cycle. “[Bitcoin] is currently in a bull market, targeting… let’s say $250,000 to $1 million range for the average price in this cycle.” Bitcoin is trading at $104,300 at time of writing. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Quant Analyst PlanB Says Bitcoin Is Currently ‘Very Undervalued,’ Predicts Bull Market’s Just Starting – Here Are His Targets appeared first on The Daily Hodl .
XRP’s price trajectory could see significant upward movement if its market dominance rises to 40%, surpassing its historical peak of 31.33%. Currently far from this level, a rise of such magnitude would require XRP to capture a sizable share from both Bitcoin and Ethereum. Historical Context of XRP Dominance XRP’s dominance in the cryptocurrency market has fluctuated notably since it first gained significant traction. After the launch of the XRP Ledger, XRP began rising in market prominence, and by October 2014, it had surpassed Litecoin to become the second-largest crypto asset by market cap. Over the following months, its market share climbed steadily, reaching 20.69% in January 2015. However, this dominance began to wane by early 2016 as Ethereum emerged as a strong competitor. XRP’s share of the market eventually dropped to 0.95% by March 2017. This was partly due to XRP underperforming during the early stages of the 2017 bull market. XRP rebounded later that year, and its market dominance peaked at 31.33% when its price hit $3.80. Since then, XRP’s dominance has experienced a prolonged decline, bottoming out at around 1.21% in November 2024. Recent Performance and Current Status Following a slight recovery in price, particularly after the U.S. elections in late 2024, XRP saw a renewed increase in market share. By January 2025, its dominance reached a four-year high of 5.58%. As of now, XRP holds a market share of approximately 3.97%, with a market capitalization of $128.51 billion. Despite this relatively low dominance figure, some analysts remain optimistic. They propose a scenario where XRP could reach an unprecedented 40% dominance, well above its previous high. To achieve this, XRP would need to overtake significant portions of the current market share held by Bitcoin (64.15%) and Ethereum (9.71%). We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Projected Price at 40% Market Dominance If XRP were to achieve 40% dominance in the current $3.24 trillion crypto market, its total market cap would rise to roughly $1.296 trillion. With a circulating supply of around 58.75 billion tokens, this would imply a price point of approximately $22.06 per XRP. Market observers, including figures such as Oscar Ramos, have floated similar projections, suggesting that a $22 price is attainable if XRP reaches a $1 trillion valuation. However, they also acknowledge that achieving 40% market dominance in the current market structure would be a considerable challenge. Notably, XRP might not need to reach 40% dominance to attain a $22 valuation. If its current 3.97% share of the market remains constant while the broader crypto market expands significantly, say to $32.65 trillion, XRP could still reach the $1.296 trillion mark needed for the $22 price target. A July 2023 report from Forbes projected that crypto-focused ETFs could introduce as much as $30 trillion in new capital into the space, providing a potential pathway for such market expansion. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Here’s XRP Likely Price If Its Market Dominance Surges to 40% appeared first on Times Tabloid .
BitcoinWorld Crucial US Crypto Regulation: House Set to Review CLARITY Act Amidst Debate The future of the cryptocurrency industry in the United States hinges significantly on regulatory clarity. For years, stakeholders have called for clear guidelines to foster innovation while protecting consumers and markets. A crucial moment in this ongoing effort is fast approaching, as the U.S. House of Representatives prepares to review key legislation addressing US crypto regulation . Understanding the CLARITY Act: Defining Digital Asset Rules At the center of the upcoming discussion is the CLARITY Act. This proposed bill is designed to bring much-needed structure to the nascent digital asset market by defining clear rules for participants. According to Eleanor Terrett, host of Crypto in America, the U.S. House is scheduled to hold a markup for the CLARITY Act on June 10th. So, what exactly does defining digital asset rules entail? Currently, the regulatory landscape for cryptocurrencies in the U.S. is fragmented, with different agencies like the SEC and CFTC asserting jurisdiction over various aspects of the market. The CLARITY Act aims to reduce this ambiguity, potentially specifying which assets fall under which regulatory frameworks and outlining requirements for exchanges, custodians, and other market participants. The goal is to provide a predictable environment for businesses and investors. What Happens During a House Markup? The June 10th Date The scheduled markup on June 10th is a significant step in the legislative process. A committee markup is where a congressional committee reviews the text of a bill in detail. Members can propose amendments, debate the bill’s provisions, and ultimately vote on whether to send the bill to the full House floor for consideration. This stage allows for fine-tuning and incorporating feedback, though it can also introduce significant changes or even stall the bill’s progress. For the crypto industry, the June 10th markup is a critical opportunity to see how the CLARITY Act is shaped and whether key industry concerns are addressed. The outcome will heavily influence the trajectory of crypto legislation US lawmakers pursue in the near future. The Heart of the Debate: DeFi Regulation and Industry Concerns While the CLARITY Act seeks to establish broad digital asset rules , a major point of contention and discussion revolves around decentralized finance (DeFi). DeFi platforms operate without traditional intermediaries, posing unique challenges for regulators seeking to apply existing frameworks. Crypto advocacy groups are actively lobbying to ensure that any new legislation, including the CLARITY Act, provides carve-outs or clear guidelines for DeFi that do not stifle innovation. Why Crypto Groups Champion the Blockchain Regulatory Certainty Act (BRCA) A key proposal being pushed by these groups is the inclusion of protections based on the Blockchain Regulatory Certainty Act (BRCA). The BRCA aims to clarify that entities that do not custody customer funds or control decentralized networks (like certain software developers or non-custodial wallet providers) are not considered money transmitters or financial institutions under existing law. Including BRCA-like provisions within the CLARITY Act is seen as essential for protecting the growth and functionality of DeFi. Without such clarity, developers and participants in DeFi could face significant legal and regulatory risks. Are Digital Asset Rules Being Written for Traditional Finance? However, not everyone views the CLARITY Act without reservations. Some critics warn that the current draft or potential direction of the bill might inadvertently favor traditional financial institutions seeking to enter the crypto space, potentially creating barriers for native crypto businesses and protocols. Concerns exist that the rules might be too burdensome or ill-suited for the unique characteristics of decentralized technologies, potentially hindering competition and innovation within the crypto ecosystem itself. This debate highlights the challenge of writing effective US crypto regulation that balances oversight with fostering a new industry. Beyond Legislation: The Political Landscape of Crypto Legislation US Adding another layer of complexity to the regulatory picture is the political dimension. The approach to crypto legislation US lawmakers take is often influenced by party lines and broader political strategies. In a separate development, Democrats are reportedly planning a hearing to examine U.S. President Donald Trump’s alleged crypto ties. While seemingly distinct from the CLARITY Act markup, such hearings can influence the overall political climate surrounding crypto and potentially impact the appetite for bipartisan legislative action. Here’s a brief look at the key players and proposals in the current debate: CLARITY Act: Aims to define rules for digital assets, potentially clarifying agency jurisdiction. Blockchain Regulatory Certainty Act (BRCA): Proposed framework to provide certainty for non-custodial entities in DeFi. Crypto Industry Groups: Lobbying for BRCA inclusion and favorable digital asset rules . Lawmakers: Debating the scope and impact of new regulations, influenced by industry feedback and political considerations. Navigating the Path Forward: What to Watch For As the June 10th markup approaches, stakeholders will be closely watching several key aspects: Amendments Proposed: Will significant amendments be introduced to incorporate elements of the BRCA or address concerns about favoring traditional finance? Committee Vote: Will the bill pass out of committee and move closer to a full House vote? Bipartisan Support: How much support does the CLARITY Act have across the political spectrum? Impact on Innovation: How might the proposed rules affect the development and deployment of new crypto technologies, particularly in the DeFi space? Staying informed about these developments is crucial for anyone involved in or interested in the crypto market. The outcome of this legislative process will have long-lasting effects on how the industry operates in the United States. Conclusion: Awaiting Clarity on US Crypto Regulation The upcoming House markup of the CLARITY Act represents a pivotal moment in the ongoing effort to establish clear US crypto regulation . The debate surrounding the bill, particularly concerning the inclusion of protections for DeFi through proposals like the BRCA and concerns about the impact on native crypto businesses, highlights the complexities of regulating a rapidly evolving technology. As lawmakers grapple with defining digital asset rules , the industry watches eagerly, hoping for a framework that provides certainty without stifling the innovation that has defined the crypto space. The actions taken by the House on June 10th will provide significant insight into the potential future of crypto legislation US . To learn more about the latest US crypto regulation trends, explore our article on key developments shaping crypto legislation US policy . This post Crucial US Crypto Regulation: House Set to Review CLARITY Act Amidst Debate first appeared on BitcoinWorld and is written by Editorial Team