Circle just went public today, kicking off with strong demand. It surprised the market by pricing its IPO at $31 per share, well above the expected $27 to $28 range. It sold about 34 million shares, valuing the company at $1.1 billion. Bloomberg reports that the IPO raised a total of $6.9 billion.
Second Big Crypto Listing Goes Live
The stablecoin issuer was set to go live today on the NYSE under the ticker “CRCL.” Circle has also given its underwriters a 30-day option to buy an extra 5.1 million shares. This IPO is the second big crypto listing under the Trump administration, after eToro’s debut last month.
This move gives Circle more access to funding and stronger regulatory oversight that will help improve investor confidence amidst recent volatility in crypto markets.
Ripple Shuns Circle Acquisition Rumors
This comes shortly after the rumors of a potential acquisition by Ripple were put to rest. Ripple CEO Brad Garlinghouse shared during a Las Vegas Bitcoin conference that Ripple had never pursued an acquisition of Circle, while some reports had suggested that Circle had denied a $5 billion offer from Ripple. Coinbase was also on the list to acquire Circle.
Nevertheless, Circle’s IPO shows rising institutional interest in stablecoins and the broader crypto market. U.S. lawmakers are also pushing for clearer rules for stablecoins, which marks a major shift in how these digital assets will be viewed in the country. Lately, Wall Street giants have also shown interest in exploring their own stablecoin plans.
Why Institutions Could Choose Circle-
Circle is one of the first big crypto companies. The USDC, issued by Circle, is the second most popular stablecoin, holding 27% of the market, while Tether’s USDT leads at 67%. Circle’s IPO is also one of the biggest since Coinbase’s 2021 Debut. This is a big step for crypto moving into traditional finance.
Circle’s USDC coin is likely to be favored by institutions due to the company’s strict regulatory focus. It was the first to get a New York State BitLicense in 2015, which gives it an advantage as banks and fintech firms look to enter the stablecoin space.
Blockchain gaming network Immutable is charging ahead after the US SEC (Securities and Exchange Commission) closed its investigation into the platform’s native token, IMX, in late March.
Co-founder Robbie Ferguson shared key milestones on X (Twitter), signaling a turning point for the company and the broader Web3 gaming industry.
Immutable’s Ferguson Highlights Network’s Growth
Immutable executive Ferguson revealed that the blockchain-based gaming platform has made commendable strides despite a regulatory clampdown.
“Despite the SEC inquiry, this last year we’ve onboarded 5 million wallet users, partnered with 3 multi-billion dollar companies, and doubled our signed games to 500+. Now the investigations over, so lock in, because we’re only accelerating from here,” Ferguson wrote.
High-profile collaborations with firms such as Tencent and Temasek reinforce the company’s momentum, signaling growing institutional confidence in the Web3 gaming model. Its flagship tools, like Immutable Passport, simplify onboarding for mainstream users, allowing seamless access to decentralized game economies.
According to Ferguson’s post, Immutable’s ecosystem may be on track to become one of the most expansive in the space. With over 500 games now in development or live on its platform, it holds one of the largest libraries of blockchain-enabled titles.
Beyond volume, this growth reflects a shift in how games are built and played. By leveraging NFTs (non-fungible tokens), players gain actual ownership of their in-game assets. This represents a stark departure from major publishers’ traditional walled-garden approach.
Immutable’s Treeverse Season 1 Reward Campaign Starts April 19
A key part of this ecosystem is Treeverse, one of the most anticipated Web3 titles launching on Immutable. Backed by the END token and boosted by additional IMX and MON rewards, the game’s first season emphasizes merit-based progression and asset utility.
“Treeverse officially launched on all stores (iOS, Android & Windows) on March 18th. Almost a month later we are finally launching Season 1, beginning with a 30-day reward campaign…on 19th April [4 PM GST/1 PM BST/12 PM UTC/7 AM CT] Season 1 will commence,” a campaign breakdown on Endless Clouds articulated.
Treeverse rewards genuine engagement with NFT-based multipliers, exclusive gear, and a transparent reward model for real gamers.
“2 days until Treeverse Season 1 launches! – 2.76% of END token supply – Bonus IMX & MON token rewards – Packs, Boosts, and Exclusive Crowns available – Holder multipliers – up to 1.75x for NFTrees. Treeverse rewards real gamers on Immutable,” the network shared in a Thursday post.
Based on Ferguson’s highlights, industry voices are pushing back against the controversial crypto nemesis.
“Saw Gary Gensler’s talk today and how he was talking about 10-15k tokens besides Bitcoin not having fundamental value. When asked what he thinks about SEC charges being dropped, him still trying to go at it like every coin they pressed on had no fundamental value. Was some clown takes,” commented Meta Alchemist.
Alchemist urged builders like Ferguson to keep pushing forward. In the same tone, Jason, CEO and founder of the Genome Protocol, lauded Web3 gaming.
Immutable’s resurgence comes when the Web3 gaming sector is poised for explosive growth. It is projected to expand from $4.6 billion in 2022 to nearly $65.7 billion by 2027.
With its regulatory hurdles cleared and infrastructure battle-tested, Immutable may be poised to go beyond just keeping pace.
The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news event and strong on-chain metrics.
The most recent breaking news, reveals Ripple’s joint filing with the SEC to dismiss all appeals. This news is confirmed by Ripple’s CLO, Stuart Alderoty.
This has ignited a market-wide rally, restoring investor confidence and triggering a cascade of bullish activity. This powerful combination of legal clarity and market momentum is what driving XRP price today.
On-Chain Data Confirms This Bullish Momentum In XRP Price Today
The positive XRP news today has been a massive catalyst, which helped ignite a flurry of activity in both the derivatives and spot markets, as revealed by Santiment’s data.
The XRP’s total Open Interest (OI) has surged to a staggering $2.77 billion. The rise in massive influx of capital into the market and build-up of leveraged positions is a very clear sign of traders betting big on continued upside.
Supporting this, the total funding rates have also spiked from 0.004% to 0.01% in the last 24 hours. This is a definitive sign of strong market confidence. Because a rise means bullish traders are paying a premium to maintain their long positions.
Moreover, the accumulation this week highlighted by Santiment’s data shows an uptick, too. It shows that the wallet addresses that are holding between 1 million and 100 million XRPs have been significantly increasing their holdings since early August.
That said, this whale accumulation, combined with a “retail FOMO” trend, shows that both large and small investors are buying into the post-lawsuit optimism.
In Addition, the number of active addresses on the network has skyrocketed, jumping to 90.4K in just 24 hours, which is a significant increase from the week’s low of 42.8K.
This revival of on-chain activity suggests growing utility and user engagement, which are crucial for sustaining the XRP price rally.
A New Chapter for XRP Price: Is $5 Next Target?
With the five-year legal battle’s end, the XRP price USD has rebounded to early 2025’s level at $3.31, at the time of writing.
This surge came after a decisive bounce off the 50-day EMA support at $2.75 in early August, marking a nearly 20% rise in a week’s time, and a 12% gain in intraday trading alone.
Per the Ripple price prediction for August, the optimism for higher targets has surged. Where experts are betting on $5.00 most likely to hit first.
This powerful rally is part of an ongoing falling wedge breakout, which is currently in the process of completing its pullback phase.
Once this pullback phase is complete by jumping beyond the $3.66 all-time high, a new chapter will begin for the XRP/USD pair that could see a significant new leg up.
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The post Ripple & SEC Jointly File for Dismissal, Fueling XRP Price Today appeared first on Coinpedia Fintech News
The XRP price today is experiencing a powerful surge, propelled by a much-awaited monumental news event and strong on-chain metrics. The most recent breaking news, reveals Ripple’s joint filing with the SEC to dismiss all appeals. This news is confirmed by Ripple’s CLO, Stuart Alderoty. This has ignited a market-wide rally, restoring investor confidence and …
In this exclusive BrandTalk interview with Roc Zacharias—CEO and co‑founder of the Layer 2 DEX QuickSwap—he shares the key lessons from his journey as a Web3 founder.
Having left a doctoral program behind after reading the Bitcoin whitepaper, Roc explains how Sandeep Nailwal, Polygon’s co‑founder, approached him with the idea that ultimately became QuickSwap.
He also reveals why he declined a multimillion‑dollar investment offer from Lightspeed, Coinbase Ventures, and Mark Cuban—and how he built QuickSwap into a leading DEX without significant VC funding.
Roc emphasizes that prioritizing decentralization—rather than venture capital—was essential to QuickSwap’s success.
“No VCs to dump on, and truly permissionless access for users,” he says, “that’s how we became the top DEX in Web3.”
Further, he views the evolving pro‑crypto regulatory climate in the U.S. as a bullish sign for the industry, albeit wryly noting it’s thanks to “being the largest funders of the 2024 Web3 elections.”
Throughout the conversation, he stresses the value of social capital over purely financial gains and warns new founders that reputation is fragile: “You must earn community trust if you want lasting leadership.” He also counsels founders to balance community focus with sustainable revenue—“you still need to make money,” he jokes.
Roc Zacharias further highlights that for founders, the most obvious challenge remains the uncertainty – ups and downs – of the Crypto market. One must prepare for longetivity to ensure survival.
Moving ahead, he recounts why, despite seeing his token stake appreciate by 2,000×, he gave away all his tokens to the community—a decision he believes was critical to QuickSwap’s ethos and adoption.
Finally, he offers his ultimate advice for ambitious entrepreneurs seeking to make their mark in Web3.
Watch the full interview with BrandTalk host Lilly Douse to learn how today’s founders can thrive without over‑relying on VC dollars—and build truly decentralized, community‑driven projects.
