12 Aug 2025, 21:54

Cardano Climbs 10% As Investors Gain Confidence

12 Aug 2025, 21:53

Circle’s stock fell more than 5% in after-hours trading after announcing a 10 million Class A share offering

Circle Internet Group shares fell more than 5% in after-hours trading on Tuesday after the company said it will offer 10 million Class A shares to the public, according to data from CNBC. Out of the total, 2 million shares will be issued by Circle itself, while 8 million shares will be sold by current stockholders. The stablecoin issuer’s stock has surged over 450% since its public listing on June 5, making this new offering a significant move for both the company and its investors. Underwriters will also get a 30-day option to buy an extra 1.5 million shares. The announcement came on the same day Circle reported its first quarterly results as a publicly traded firm. The company closed the regular session up 1.3% before releasing the results. For the second quarter, Circle posted a loss of $4.48 per share, with the decline tied to charges from its IPO. Revenue rose 53% in the period, supported by a jump in stablecoin usage. The market’s reaction to both the earnings release and the share sale was swift, with investors pushing the stock down in extended trading. Crypto prices pull back after overnight highs Bitcoin edged close to its all-time high after an overnight rally before settling flat at $118,981.86. Ether also flattened at $4,256.90 after climbing on Sunday to its highest level since December 2021. On Friday, Ether crossed $4,000 for the first time since that same month. Both cryptocurrencies retreated from their intraday highs as the day went on. The early gains came alongside a rise in U.S. equity futures on Tuesday morning, as traders waited for key inflation data later in the week. U.S. stocks started the day near record levels but lost momentum in the afternoon, dragging crypto assets down with them. Companies tied to crypto prices still posted gains during the session. Coinbase shares rose nearly 3%, Galaxy Digital was up 3%, and bitcoin proxy Strategy advanced more than 1%. Debt growth drives Asian buying The strong crypto rally in recent weeks has been fueled by buying during Asian trading hours, tied to rapid growth in U.S. government debt. Markus Thielen, CEO of 10x Research, linked bitcoin’s breakout in early July to President Donald Trump signing the Big Beautiful Bill , which increased the U.S. debt ceiling by $5 trillion. Markus said the surge “isn’t random” and is being driven by “the fastest U.S. debt expansion in history.” He added that whether the U.S. economy holds up or slows down, the influx of debt acts as a tailwind for hard assets like bitcoin and gold. Markus also pointed to $133,000 as the next key resistance level for bitcoin, saying current market positioning and structure favor bullish traders. Ethereum-related stocks were among the biggest movers, as capital inflows into newly formed treasury companies helped push Ether above $4,000. Bitmine Immersion Technologies jumped 25% on Tuesday after a similar gain on Friday, while SharpLink Gaming rose 11%. Investor interest in Ethereum has recently outpaced Bitcoin in exchange-traded products. Last week, Ether ETFs recorded $326.83 million in inflows, compared to $246.75 million for Bitcoin ETFs, showing traders’ growing appetite for the second-largest crypto. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .

12 Aug 2025, 21:48

Asian Market Bulls Drive Ripple’s XRP with 30-Day Volume Dominance

Fresh market data has revealed that market players currently have a positive outlook for Ripple’s native token XRP.

12 Aug 2025, 21:47

GRAYSCALE CARDANO TRUST ETF REGISTERED IN DELAWARE

GRAYSCALE CARDANO TRUST ETF REGISTERED IN DELAWARE $ADA #Cardano

12 Aug 2025, 21:45

White House says Trump-Putin summit will not produce a Ukraine ceasefire or trade deals

According to the White House, Friday’s meeting between President Donald Trump and Russian President Vladimir Putin in Anchorage, Alaska, will not end with a ceasefire or sweeping trade agreements. Officials say the meeting is meant for Trump to judge Putin directly and decide if there is a real path toward ending the war in Ukraine. The plan is to use this as a step toward a possible three-way meeting with Ukrainian President Volodymyr Zelenskyy in the future. A senior White House official described the purpose as “trusting Trump’s instincts.” Trump has complained before about Putin’s “bullshit” and habit of double talk, but this time the administration says there are signs worth testing. Putin has given Trump a written plan, something the White House says may not be viable, but at least puts an idea on paper. Trump to meet without preconditions in Alaska Special envoy Steve Witkoff returned from Russia last week and told Trump that Putin wanted a meeting . Trump agreed to attend after hearing that request, seeing it as a sign worth exploring. The White House has not revealed the details of Putin’s plan. However, Trump and NATO Secretary General Mark Rutte have said that the idea of trading land for peace has been mentioned. Zelenskyy has rejected this outright. Trump’s decision to meet without preconditions reflects his belief that he can quickly determine Putin’s intentions. Another White House official said that after the meeting, Trump will be in a position to judge whether Putin is serious about peace. On Monday, Trump said he could tell within “two minutes” if progress was possible, adding that his response could be either “lots of luck, keep fighting” or “we can make a deal.” A person familiar with the administration’s thinking noted that Zelenskyy’s position has been weakened by corruption allegations, something that could give Putin an opening. That person said the situation is now moving toward Trump having to make a direct judgment on Putin’s motives. European leaders prepare separate talks While the Alaska summit is being prepared, German Chancellor Friedrich Merz will hold a virtual meeting on Wednesday with Trump, Zelenskyy, and European leaders. That meeting will cover possible pressure tactics against Russia, questions about territories seized by Russian forces, security guarantees for Kyiv, and the order in which any peace negotiations could take place. White House spokeswoman Karoline Leavitt called Friday’s talks “a listening exercise for the president.” She stressed that only one party in the conflict will be present, so the meeting is intended to give Trump a stronger sense of whether ending the war is possible. She repeated that the administration is not expecting a ceasefire to come out of this first session. The Alaska meeting will be one-on-one between Trump and Putin. The White House also confirmed that Trump may visit Russia in the future, with Leavitt saying, “Perhaps there are plans in the future to travel to Russia.” For now, the focus remains on this first meeting, which the administration views as the starting point for any possible diplomatic progress involving Ukraine and NATO partners. The smartest crypto minds already read our newsletter. Want in? Join them .

12 Aug 2025, 21:40

Analyst Reveals Why Solana (SOL) is in Early Stages of Bullish Breakout Targeting $1,315

This move could position the 6th most valued cryptocurrency by market cap to continue in an upward trajectory.