The post Bitcoin (BTC) funds capture $700 million as institutions place their bets: Crypto Daily appeared on BitcoinEthereumNews.com.
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Institutional demand for crypto is real, and suggests there may be a sustained bitcoin BTC$81,002.49 price move above its pivotal 200-day simple moving average (SMA). Investors poured $858 million into crypto funds issued by asset managers like BlackRock and 21Shares last week, extending a five-week inflow streak and marking the strongest weekly total since late April, according to CoinShares. More importantly, bitcoin funds alone pulled in over $700 million, taking year-to-date flows to $4.9 billion. Talk about the demand for the leading cryptocurrency. The catalyst? Improving sentiment around the Clarity Act, according to CoinShares’ head of research, James Butterfill. Bitcoin recently traded at $81,000, having narrowly missed the 200-day SMA positioned above $
The post Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain appeared on BitcoinEthereumNews.com.
Circle Internet Group, the publicly listed issuer of the USDC stablecoin, pulled in $222 million through a presale of the native token for its new Arc blockchain, giving the network a fully diluted valuation of $3 billion, CNBC reported Monday. Andreessen Horowitz led the round with a $75 million commitment. Other participants include BlackRock, Apollo Funds, Intercontinental Exchange, the owner of the New York Stock Exchange, Standard Chartered Ventures, Janus Henderson, ARK Invest, and about half a dozen more. Circle is the first publicly listed company to conduct a token presale, an early sale of digital tokens before a blockchain goes live. CEO Jeremy Allaire said Arc represents Circle’s push beyond stablecoins into blockchain infrastructure and internet-scale financial software. What Arc is and how it works Arc Network is designed specifically for stabl
Centrifuge's integration with DeFi on Base, backed by Coinbase, could revolutionize asset tokenization, enhancing liquidity and multi-chain interoperability.
The post Centrifuge integrates tokenization with DeFi on Base, backed by Coinbase investment appeared first on Crypto Briefing.
The post CRCL Stock Price Outlook As Circle Raises $222M and Q1 Revenue Jumps 20% appeared on BitcoinEthereumNews.com.
Circle (NYSE: CRCL) is about to have a volatile day. It just released earnings that revealed its revenue increased by 20%. The company has also raised $222 million from BlackRock, Apollo, and others. These two things have caused CRCL stock price to go up by 1.11% at the time of writing during pre-market trading. But can it sustain this momentum through the week? Circle Raises $222M Amid 20% Revenue Jump Circle has just posted its Q1 2026 earnings, and the revenue reached $694 million. This number was 20% higher than what it put down in Q1 2025. But when compared to Q4 2025, the revenue has dropped by 6%. Wall Street had expected that Circle was going to announce a revenue of $718 million. It has missed this target. It also had a net income of $55 million, which had dropped by 15% compared to January to March 2025. Earnings aside, Circle is one of the crypto stocks winn
Circle Internet Group raised $222 million in a private presale of its ARC token, tied to a new stablecoin-native layer-one (L1) blockchain called Arc, at a fully diluted valuation of $3 billion. Circle Closes $222M Token Presale With a Dozen Institutional Backers at $3B FDV The company disclosed the raise on May 11, 2026, alongside […]
The post Crypto Funds Add $858M as Clarity Act Drives Market Optimism appeared on BitcoinEthereumNews.com.
In brief Digital asset investment products attracted $857.9 million last week, the largest single-week total since April 24, according to CoinShares. Bitcoin led with $706.1 million, bringing its year-to-date total to $4.9 billion, while short-Bitcoin products posted their steepest weekly outflows this year at $14.4 million. Ethereum reversed $81.6 million in prior-week outflows to post $77.1 million in fresh inflows; Solana and XRP added $47.6 million and $39.6 million, respectively. Digital asset investment products just pulled in nearly $860 million in a single week, extending a six-week streak of inflows as momentum builds around the U.S. Digital Asset Market Clarity Act. Inflows hit $857.9 million last week, the largest since late April, pushing total assets under management to $160 billion, according to CoinShares’ Monday report. Bitcoin led inflows with $706.1 million, brin
The post Circle Raises $222M In Private Sale For Its Layer 1 Arc Token, Backed By A16z And BlackRock appeared on BitcoinEthereumNews.com.
Circle Raises $222M In Private Sale For Its Layer 1 Arc Token, Backed By A16z And BlackRock Skip to content
Home Crypto News Circle raises $222M in private sale for its Layer 1 Arc token, backed by a16z and BlackRock
Source: https://bitcoinworld.co.in/circle-arc-token-private-sale-222m/
