Stock Market | ForkLog

ForkLog 70 24.07.2025

Tron Shares Debut on Nasdaq

On July 24, trading commenced on the Nasdaq exchange for shares of Tron Inc (TRON), a company associated with the blockchain of the same name. Justin Sun inaugurated the session with the ringing of the bell. 🔗 From entertainment to blockchain innovation. 📈 Tron Inc. (formerly SRM Entertainment) is now officially #NasdaqListed under its new […]

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ForkLog 39 24.06.2025

Circle’s Market Capitalisation Surpasses USDC’s Valuation

As of the trading session on June 23, Circle’s market capitalisation rose to $63.9 billion, surpassing the market supply of its flagship product, the USDC stablecoin. The company’s shares gained approximately 10% in a day. The stock price peaked at $298 but closed at $263.5. Source: Yahoo Finance. On June 5, Circle went public. During […]

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ForkLog 205 16.06.2025

TRON rallies 9% after FT report on US listing via reverse merger

On June 16, TRON’s token (TRX) jumped from ~$0.27 to ~$0.30, up about 9%. After a pullback, it returned to levels near $0.28. 15-minute chart of TRX/USDT on Binance. Data: TradingView. The sharp move followed an FT report on plans for the Justin Sun-founded blockchain project to list in the US. According to the paper, […]

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ForkLog 25 09.06.2025

Bitcoin Funds Lose Ground as Ethereum Products Gain Strength

From May 31 to June 6, inflows into cryptocurrency investment funds totaled $224 million: while inflows are slowing, Ethereum maintains a positive trend. This is according to a report by CoinShares. Source: CoinShares. In the previous reporting period, the figure was $321 million. Over a seven-week series, the total inflow reached $11 billion. In the […]

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ForkLog 41 06.06.2025

Circle Shares Surge 168% on Debut Day

On June 5, Circle’s shares were listed on the NYSE under the ticker CRCL. On the first day of trading, the stock price soared by 168%, from $31 to $82. Data: Yahoo.Finance. In pre-market trading, CRLC added another 11.6% from the closing price, reaching $92.5 at the time of writing. The trading volume amounted to […]

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ForkLog 48 05.06.2025

Media: USDC stablecoin issuer valued at $6.9bn after IPO

Circle raised $1.1 billion — almost twice what it had planned. The USDC issuer’s common-stock offering on the NYSE was 25 times oversubscribed, пишет Bloomberg, citing people familiar with the matter. June 5, 2025 | 17:57Update: On June 5, Circle listed its shares on the NYSE. Trading is under the ticker CRCL. I am incredibly […]

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ForkLog 33 28.05.2025

Trump Media to raise $2.5bn to buy bitcoin

Trump Media & Technology Group will raise $2.5bn via an issuance of common stock and convertible notes to acquire digital gold. The execution of the bitcoin strategy resembles a pyramid propped up by a premium of the securities over the value of the coins. An analyst drew parallels between MSTR and Grayscale’s GBTC. Trump Media […]

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ForkLog 13 27.05.2025

Circle Updates IPO Filing with Valuation of $5.4 Billion

Circle, the issuer of the USDC stablecoin, has updated its documents for an initial public offering (IPO) on the NYSE. The goal is to raise approximately $600 million with a company valuation of $5.4 billion. According to the filing with the SEC, Circle plans to sell 9.6 million Class A common shares at a price […]

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ForkLog 29 21.05.2025

Standard Chartered Reaffirms $500,000 Bitcoin Target Amid Sovereign Fund Interest

In the first quarter, government entities increased their holdings in Strategy shares as a derivative of digital gold. Standard Chartered reached this conclusion based on reports to the SEC, writes The Block. This trend has reinforced the bank’s experts’ expectations of the first cryptocurrency reaching a target of $500,000 by 2028. “As more investors gain […]

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ForkLog 16 20.05.2025

Circle’s Potential Withdrawal from IPO and $5 Billion Sale Rumored

Circle’s IPO may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune. The discussions are taking place as the company prepares to enter the stock market. Earlier in May, media outlets reported Ripple’s attempt to […]

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ForkLog 8 15.05.2025

Investor Takes Short Position on Strategy Shares and Long on Bitcoin

Jim Chanos, an investor specializing in short positions and founder of Kynikos Associates, revealed in an interview with CNBC that he has purchased bitcoin and opened short positions on Strategy shares. “We are essentially buying something for $1 and selling it for $2.5. […] It’s a good barometer not only of the arbitrage itself but […]

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ForkLog 98 14.05.2025

eToro Valued at $4.3 Billion as Shares Priced at $52

The share price for the trading platform eToro has been set at $52, surpassing the initial IPO range of $46-50, reflecting increased demand. This was reported by Bloomberg. The funds raised amounted to $620 million, with a market capitalization of $4.3 billion (FDV including options and restricted securities — $5 billion). Half of the 11.9 […]

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