Stablecoin issuer Circle targets $7.2 billion valuation in upsized US IPO - Reuters, usdc, crypto, stablecoin, second, IPOs, Crypto, donald trump, North America, million, circle, US stocks

Stablecoin issuer Circle targets $7.2 billion valuation in upsized US IPO

Crypto firm Circle Internet said on Monday it was targeting a valuation of up to $7.2 billion on a fully diluted basis in its upsized initial public offering in the United States, underscoring growing momentum in the stablecoin market.The upsized

ECB's Panetta warns about crypto-related reputational risks for banks - Reuters, Crypto, Europe, crypto

ECB's Panetta warns about crypto-related reputational risks for banks

European Central Bank policymaker Fabio Panetta on Friday called for a close monitoring of the reputational risks banks face in providing crypto-asset services to customers.Italy's biggest bank Intesa Sanpaolo in January carried out what CEO Car

ECB's Panetta warns crypto losses can harm confidence in banks - Reuters, Crypto, Europe, crypto, bank

ECB's Panetta warns crypto losses can harm confidence in banks

European Central Bank policymaker and Bank of Italy Governor Fabio Panetta called on Friday for close monitoring of the reputational risks banks face in providing crypto-asset services, warning that losses could harm the trust of customers.Presen

GameStop buys bitcoin worth $513 million in crypto push - Reuters, Crypto, bitcoin, donald trump, North America

GameStop buys bitcoin worth $513 million in crypto push

GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer looks to capitalize on the growing adoption of cryptocurrencies globally.GameStop said in a filing it acquired 4,710 bitcoin

Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres - Reuters, mw, ai, Asia, high, Crypto

Pakistan allocates 2,000 megawatts of electricity to bitcoin mining, AI data centres

Pakistan will allocate 2,000 megawatts (MW) of electricity in the first phase of a national initiative to power bitcoin mining and AI data centres, its finance ministry said on Sunday. The allocation is part of Islamabad's plans to use its surplu

Circle pursues IPO—but talks with Coinbase and Ripple could mean a sale, sources say- Fortune - Reuters, note, circle, North America, IPOs, Crypto

Circle pursues IPO—but talks with Coinbase and Ripple could mean a sale, sources say- Fortune

-- Source link: bitly-- Note: Reuters has not verified this story and does not vouch for its accuracy

Woman escapes botched kidnapping in Paris as gangs target crypto wealth - Reuters, Business, ledger, crypto, Economy, Europe, one, Middle East, three, Crypto

Woman escapes botched kidnapping in Paris as gangs target crypto wealth

French prosecutors are investigating after a masked gang attempted to kidnap the daughter of a crypto businessman in Paris in what is at least the third violent attack targeting wealthy crypto players and their families in recent months.The shock

Crypto platform FalconX partners with Standard Chartered - Reuters, standard, Economy, Asia, asia, april, london, United Kingdom, North America, Crypto, bank

Crypto platform FalconX partners with Standard Chartered

Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors.The partnership marks FalconX's first collaboration with a global traditional bank a

Eric Trump-backed American Bitcoin to go public through all-stock merger - Reuters, solana, bitcoin, donald trump, Economy, Crypto, crypto, North America, trump

Eric Trump-backed American Bitcoin to go public through all-stock merger

American Bitcoin, a new bitcoin miner backed by U.S. President Donald Trump's two eldest sons, said on Monday it will list on the Nasdaq via an all-stock merger with Gryphon Digital Mining .Existing shareholders of American Bitcoin, including co-

Trade hopes feed risk appetite, boosting stocks and bitcoin - Reuters, deal, six, Oceania, trade, donald trump, higher, bund, North America, japan, Asia, trump, Crypto

Trade hopes feed risk appetite, boosting stocks and bitcoin

World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries.India on Friday offered to slash its tariff gap with the U.S. to

SRx Health Solutions nearly doubles as it diversifies into crypto - Reuters, North America, srx, solana, Crypto

SRx Health Solutions nearly doubles as it diversifies into crypto

** Shares of pet health firm SRx Health Solutions rise 96% to $1.04 premarket** Co says it has bought $1.5 mln worth of cryptocurrency Solana tokens as part of its investment strategy** Co says it plans to allocate up to 10% of its cash into cryptoc

Turkey's capital market board sets reserve audit standards for crypto asset platforms - Reuters, Europe, board, Middle East, Crypto, crypto

Turkey's capital market board sets reserve audit standards for crypto asset platforms

Turkey's capital markets board released rules for proof of reserve audit standards that crypto asset platforms have to meet to apply for operational licences in Turkey.According to the board's statement, published late on Thursday, these audits must

New York Times business news - May 9 - Reuters, new, United Kingdom, North America, donald trump, senate, trump, Crypto

New York Times business news - May 9

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- U.S President Donald Trump announced that the United States intended to sign a trade deal with Brit

Coinbase to acquire Deribit in $2.9 billion deal, WSJ reports - Reuters, Crypto, North America, Mergers and acquisitions

Coinbase to acquire Deribit in $2.9 billion deal, WSJ reports

Coinbase , the largest publicly traded cryptocurrency exchange, will acquire Deribit for $2.9 billion in cash and stock, the Wall Street Journal reported on Thursday.

Kuwait cracks down on cryptocurrency mining amid power crisis - Reuters, summer, Middle East, donald trump, Asia, Crypto

Kuwait cracks down on cryptocurrency mining amid power crisis

Kuwait has launched a crackdown on cryptocurrency miners it accuses of being a "major" cause of a power crisis that has led to blackouts, as authorities seek to ease pressure on the grid before the start of a sweltering summer.Authorities started

Nike sued over closure of crypto business - Reuters, nfts, Crypto, Oceania, North America

Nike sued over closure of crypto business

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.In a

Cantor Equity Partners soars after $3.6 bln crypto venture plan - Reuters, Crypto, Asia, donald trump, tether, North America

Cantor Equity Partners soars after $3.6 bln crypto venture plan

** Shares of blank-check vehicle Cantor Equity Partners more than double, last trading at $32.85 after gaining 55.4% on Wednesday** The company, backed by Wall Street brokerage Cantor Fitzgerald, teamed up with a consortium including Tether and Soft

Derivatives exchange CME set to launch XRP futures in crypto push - Reuters, Crypto, solana, North America, xrp

Derivatives exchange CME set to launch XRP futures in crypto push

CME Group will launch futures contracts tied to the XRP cryptocurrency next month, the derivatives exchange said on Thursday, aiming to tap into the growing interest in tokens other than bitcoin and ether.The cash-settled futures are set to laun

Bitcoin rises 5% above $91,000 - Reuters, North America, bitcoin, Crypto, trump, donald trump

Bitcoin rises 5% above $91,000

Bitcoin , the world's largest cryptocurrency, rose 5.01% to $91,713.49, after earlier breaking through the $90,000 for the first time since March as U.S. President Donald Trump's trade policies have rocked global markets.

U.S. STOCKS ON THE MOVE-Oil stocks, Uber, CoreWeave - Reuters, Crypto, three, buzz, North America, donald trump, pt, ftc, ai, trump

U.S. STOCKS ON THE MOVE-Oil stocks, Uber, CoreWeave

U.S. stocks suffered steep losses on Monday as U.S. President Donald Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, prompting investors to worry about the central bank's independence even as they grapple with the effects of Trump