CNBC’s Jim Cramer on Monday examined Circle Internet, a stablecoin issuer that made a splash during its market debut last week, saying he’d wait to buy the stock until it has retreated from recent highs. “Circle Internet Group’s a solid company, but the stock, right now, has gotten too hot for me. I can’t recommend…
Circle Internet Group, the issuer of one of the world’s biggest stablecoins, priced its initial public offering at $31 per share late Wednesday. That’s above the expected range of $27 to $28 and gives the company a total market value of $6.8 billion. New York-based Circle, its founder and some original shareholders will raise $1.05…
Jonathan Raa | Nurphoto | Getty Images Bitcoin rose to a new all-time high on Wednesday, breaking its January record. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,500. “Bitcoin’s new high has been concocted by an array of favorable…
