A few weeks ago, I wrote this research note on how regulatory support for bitcoin and the broader crypto universe would be a game-changer for the crypto ETF industry. The past month has reinforced that view.
Shares of Bullish (BLSH), a crypto exchange backed by PayPal (PYPL) founder and billionaire venture capitalist Peter Thiel, soared in their debut on the New York Stock Exchange Wednesday.
Brendan Blumer, Bullish's co-founder and CEO of the tech firm Block.one, was expected to hold about 30.1% of the company's shares after its IPO, according to Securities and Exchange Commission filings. Bullish CEO Thomas Farley will hold about 3.8% of shares, while CFO David Bonanno will hold 1.4%.
Shares of Bullish, a crypto exchange backed by PayPal (PYPL) founder and billionaire venture capitalist Peter Thiel, soared in their debut on the New York Stock Exchange Wednesday under the ticker "BLSH."
Some market observers say that the biggest wave of corporate treasury adoption of cryptocurrency has come and gone. However, some studies point to a long runway for corporations to bring crypto into their portfolios.
180 Life Sciences, which is rebranding as ETHZilla, now holds almost $350 million in Ethereum, the second-biggest cryptocurrency.
On today's episode of CNBC Crypto World, Circle shares jump after the stablecoin issuer posted a 53% increase in revenue, driven by strong stablecoin growth in the quarter. Plus, eToro CEO Yoni Assia discusses the retail trading platform's Q2 earnings results, the firm's plans to offer staking and what else investors can expect as it relates to the firm's crypto offerings.
Online brokerage firm eToro posts strong results. Shares are slipping.
The stablecoin company's shares rose in premarket trading after revenue beat Wall Street estimates
The IPO floodgates have swung open for breakthrough AI and crypto companies ready to shake up the market. Figma's debut joined CoreWeave and Circle in a rollercoaster ride of quick gains and sharp dips. A fresh name hits the trading floor this week as investors scout the next IPO winners.
Bitcoin tops $116K on 401(k) news. HOOD, PYPL, and IBKR are three crypto-focused stocks with rising earnings outlooks.
Coinbase Global Inc (NASDAQ:COIN) stock's fall from its July 18 record peak of $444.64 was made worse by an August 1 post-earnings bear gap of 16.7%.