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#Circle IPO Priced at $31
Circle went public on the NYSE at $31 per share, exceeding expectations by raising $1.1 billion and achieving a $6.2 billion valuation, with the stock symbol "CRCL". The offering expanded from the planned 24 million to over 34 million shares.
💬 Do you hold USDC? Will this accelerate the adoption of stablecoins and digital currencies?
#BlackRock Buys $560M in ETH
Since May 11, BlackRock's iShares Ethereum Trust has acquired 214,000 ETH worth $560 million, potentially impacting the Ethereum market.
💬 What impact do you think BlackRock's large purchase will have on Ethereum's short-term and long-term trends? What is your Ethereum investment strategy?
#ETH Foundation's New Financial Policy#
The Ethereum Foundation announced a new financial policy aimed at bolstering the long-term sustainability of the Ethereum ecosystem, focusing on DeFi innovation support and transparent management. The foundation also plans to gradually reduce annual operating expenses to a 5% benchmark.
💬 What are your thoughts on this? Is this policy a positive sign of ETH price?
#SEC Delays Canary Spot SUI ETF
Market reports indicate that the SEC has delayed its decision on the Canary Spot SUI ETF application.
💬 Does this delay signal a change in regulatory attitudes toward cryptocurrencies? What short- and long-term impacts might this have on the SUI market? Do you hold SUI, and how should your investment strategy adjust?
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