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JPMorgan’s Kenneth Worthington says the stablecoin issuer’s stock valuation has been “pushed outside our comfort zone,” so he ...
Analysts initiated coverage of Circle, the company behind USD Coin, with opinions diverged sharply as the stock’s meteoric rise collided with questions about how much growth is already priced in.
Circle is a blockchain infrastructure company best known for ... However, J.P. Morgan and Goldman Sachs pointed to the stock's elevated valuation, given its rapid rise since the IPO. J.P. Morgan ...
Coreweave’s (CRWV) stock is up 310% since its March 28 IPO while Circle (CRCL) has gained 480% since going public on June 5. “As long as IPOs continue to outperform, investor appetite will remain high ...
Source: JPMorgan “Our price target reflects a substantial premium to the IPO price of $31, but also a substantial discount to the current share price of $180,” the analysts wrote. While seeing Circle ...
Stablecoins, Circle’s IPO, China’s quantum progress, and Middle East tensions caught the Web3 community’s attention this week ...
The Silicon Valley investor speaks about the AI boom, venture capital’s funding glut, and the next big wave of frontier tech, ...
Second group of winners, pretty much anything related to crypto. Now, some are linked to buying and selling crypto. Think ...
Coinbase Global, Inc. (NASDAQ:COIN) is the top performer in the S&P 500 for June, surging 43% and reaching its highest level ...
Stablecoins are seemingly everywhere, with Mastercard, Visa and JPMorgan all making recent moves in the crypto token space.
Circle’s successful IPO has sent a signal to Wall Street and the crypto world. Is this the beginning of a crypto IPO supercycle?