Thanks Remy.
Here's a look at the Coin Street headline Circle's first earnings as a public company will be out today.
Circle has surged fivefold since it went public in June.
For Circle, the path of US interest rates will be top of mind, and most of the company's revenue comes from interest income on short-term treasuries that back its USDC stablecoin, which is fixed at 1 for 1 to the US dollar, while easing monetary policy would lower.
Circle's revenue, cheaper borrowing costs could fuel a more risk on trading backdrop and push investors toward the crypto market, where USDC is widely used.
In the meantime, digital asset exchange operator Bullish raised the target valuation for its initial public offering by almost 60%, potentially $990 million.
Bullish now plans to sell 30 million shares at $32 to $33 apiece, according to Bloomberg, and they did cite recent.
Regulatory filings with the SEC.
The IPO is being led by Wall Street heavyweights JP Morgan, Jeffreys, and Citigroup, and Bullish plans to list under the ticker symbol BLS H here at the New York Stock Exchange.
Nicey parent ICE is tapping Chain Link to bring Forex and precious metals data on Chain.
Chain Link is partnered with Parent Intercontinental Exchange to integrate the Forex and the precious metals data from ISIS Consolidated.
In chain link data streams.
According to Chain Link, these feeds support over 2000 decentralized applications and major financial institutions will provide the market information necessary to operate in tokenized environments.
The partnership marks a major step in integrating traditional market infrastructure within the blockchain ecosystem, and Tether and Rumble have offered to acquire all the shares of AI infrastructure operator Northern.
Data and a $1.17 billion deal that would make Tether Rumble's top shareholder.
Now, according to the Rumble announcement, the deal would build on Northern Data's existing AI and high performance computing operations.
Tether, the issuer of the USDT stablecoin, and already Northern Data's largest shareholder, would support the transaction.
Tether has hinted at future collaborations involving AI as well, and that is the latest Coin Street headlines.
