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š° Circleās second IPO
$7.2B on the table

Welcome to Crypto Wire ā clear, concise, and crypto-smart.
What weāll cover today:
š° Circleās second IPOā$7.2B on the table
š Moneroās breakout: Can it hit $500?
š Trade wars are backāWall Street wobbles, crypto feels the heat



Source : Vecteezy
Circle (the folks behind USDC) is back for round two, trying to raise more billions by selling shares.
šØBreaking News
After raising $624M, Circle plans to sell up to 32M more shares at $27ā$28 each, eyeing $7.2B valuation.
ā”Wire Simplified
Circle is the company behind the stablecoin USDC.
They already raised $624M in their first offering.
Now, theyāre trying to raise another $896M.
Big banks (JPMorgan, Citi, Goldman Sachs) are backing this.
The money will grow USDCās market cap and Circleās revenue.
āļøStraight to the Point
Circleās going big, but can they keep up with Tether? Letās see if cryptoās golden child gets crowned.
šÆ Should Circleās USDC get bigger than Tetherās USDT? |
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šµļøāāļø Monero Eyes $500⦠But $420 Is a Buzzkill

Source : Vecteezy
Monero, the "privacy coin" for secret crypto deals, is bouncing back after a rough crash. Hereās the tea.
šØBreaking News
Moneroās price hit $365, up 16% from its lows, but $420 is the next big hurdle to clear.
ā”Wire Simplified
Moneroās price is on a 3-day winning streak.
People are moving Monero off exchanges (bullish sign).
Traders expect prices to go higher (positive funding rate).
$420 is the key resistance level.
Moneroās privacy features attract both investors and hackers.
āļøStraight to the Point
Moneroās got momentum, but can it clear $420 and moon to $500? Stay tuned for the next bounce.
šÆ Do you think Monero will break $500 soon? |

Source : Fortune
The U.S. and China are throwing shade again, and Wall Streetās feeling the heat. Letās unpack the mess.
šØBreaking News
Dow dropped 160 points, S&P 500 fell 0.4%, Nasdaq down 0.5% as trade tensions keep boiling.
ā”Wire Simplified
U.S.-China trade drama is backātariff threats, finger-pointing, and all.
Stocks had a killer May, but Juneās off to a shaky start.
Bitcoin also dipped after hitting an all-time high of $111k.
Goldās up, dollarās downāsafe havens are back in style.
Oil prices spiked as OPEC+ decided to raise output less than expected.
āļøStraight to the Point
Markets are wobbling under trade tension pressure. Buckle upāitās gonna be a bumpy ride for June.



What do you think about todayās edition? |

Disclaimer:
This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.
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