Latest news with #Circle
Yahoo
4 hours ago
- Business
- Yahoo
Coinbase, Robinhood Hit Record Highs as U.S. House Passes Landmark Crypto Legislation
Crypto-linked stocks climbed higher on Thursday as the U.S. House passed two major pieces of legislation designed to bring structure to digital asset markets, a move investors interpreted as a step toward long-awaited regulatory clarity. Coinbase (COIN), the largest U.S. crypto exchange, advanced 3.2% during the session closing above $410 for the first time ever and pushing its market cap above $100 billion. Circle (CRCL), issuer of the $62 billion USDC stablecoin, rebounded from its intra-day dip to close 0.8% higher at its strongest price in three weeks and extending yesterday's 19% rally. Robinhood (HOOD), a digital trading platform expanding into crypto and tokenized finance, rose 2.6% above $105, a fresh record high. Digital asset investment firm Galaxy (GLXY) also gained 6%. The action happened as the U.S. House of Representatives back-to-back passed the CLARITY Act, targeting crypto market structure oversight, and the GENIUS Act, which creates a framework for regulating stablecoins. The stablecoin bill already cleared the Senate last month, setting it up for a possible signing into law. Despite the optimism in equities, cryptocurrency prices were more subdued. Bitcoin (BTC) hovered around $119,000, down 0.9% on the day, while Ethereum's ether (ETH) was little changed at $3,400. XRP was up 8% over the past 24 hours just shy of its 2018 record high. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
9 hours ago
- Entertainment
- Time of India
Kangana Ranaut and R Madhavan's 'Circle' wraps shoot, sets Dussehra 2025 release
Kangana Ranaut and R. Madhavan reunite for the thriller 'Circle', set to release during Dussehra 2025. Filming wrapped in Hyderabad after nearly a year. Directed by Vijay and produced by R Ravindran, the film is shot in Hindi, Tamil, Telugu, and will be dubbed in Malayalam. Years after starring together in the beloved 'Tanu Weds Manu' series, Kangana Ranaut and R. Madhavan are set to collaborate again in a new thriller titled 'Circle'. Recent developments have brought fresh news about the progress of this eagerly anticipated film. Release Date Confirmed for Dussehra 2025 As reported by Deccan Chronicle, 'Circle' is set to hit theaters during Dussehra 2025. Insiders from the production team shared that filming in Hyderabad has concluded, and to mark the occasion, the entire cast and crew enjoyed a lavish wrap-up party. Final Shoot and Celebration in Hyderabad The report also said that the entire shoot of 'Circle' wrapped up yesterday in Hyderabad with a club song filmed at Club Illusion, located in Jubilee Hills. The cast and crew celebrated with a wrap-up party after a long day of shooting. The film is a pan-Indian film shot simultaneously in Tamil, Telugu, and Hindi, with the filming process spanning almost a year. 'Circle' is an extraordinary psychological thriller like never seen before — where the doctor and the patient turn out to be the same person. Audiences will have to wait for the release to discover who this individual really is. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Park Crescent at Alembic City, Vadodara – Luxury Homes from ₹2.20 Cr* Onwards Alembic City West Learn More Undo A Pan-Indian Multilingual Film The film will be directed by Vijay and produced by R Ravindran from Trident Arts. It is being made in Hindi, Tamil, and Telugu, and will also be dubbed in Malayalam. Reunion of Kangana Ranaut and R Madhavan Kangana Ranaut and R Madhavan, known for their popular pairing in Aanand L Rai 's 2011 romantic comedy 'Tanu Weds Manu', are teaming up again for this new film. Following the original's success, the duo starred in the 2015 sequel 'Tanu Weds Manu Returns'.
Yahoo
12 hours ago
- Business
- Yahoo
These Were the 2 Best-Performing Stocks in the S&P 500 in June 2025
Key Points June was the S&P 500's second-best monthly performance of the year. Coinbase led the way for the S&P 500 in its first full month included in the index. Oracle's cloud business is picking up momentum with a new $30 billion deal. 10 stocks we like better than Coinbase Global › June was a great month for the S&P 500 index, which finished up 4.96%. It was its second-best monthly performance of the year (it gained 6.15% in May) and pushed the index's year-to-date (YTD) gains to 5.50% as of the end of the month. Yet, some components of the S&P 500 far outstripped the index's solid gains last month. The two best-performing S&P 500 stocks in June were crypto currency exchange Coinbase Global (NASDAQ: COIN) and database software provider Oracle (NYSE: ORCL), up 42.12% and 32.08%, respectively. Let's see why. Coinbase finishing as the S&P 500's top performer was an ironic surprise, with it being the company's first full month included in the index. The three straight months of positive monthly gains are Coinbase's first since the fourth quarter in 2023. In light of a revenue-sharing agreement with fintech company Circle, Coinbase could have a new and profitable segment in the works. Oracle's stellar month can be attributed to good news surrounding its cloud business. In its fiscal 2025 fourth quarter (ended May 31), its cloud infrastructure revenue grew 52% year over year (YOY) to $3 billion, and its total cloud revenue grew 27% YOY to $6.7 billion. Add in a new cloud deal that's expected to bring in $30 billion annually beginning in a few years, and investors are excited about Oracle's direction. Should you buy stock in Coinbase Global right now? Before you buy stock in Coinbase Global, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Coinbase Global wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,281!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,050,415!* Now, it's worth noting Stock Advisor's total average return is 1,059% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Stefon Walters has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Oracle. The Motley Fool recommends Coinbase Global. The Motley Fool has a disclosure policy. These Were the 2 Best-Performing Stocks in the S&P 500 in June 2025 was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Verge
12 hours ago
- Entertainment
- The Verge
A gritty Pac-Man reboot makes for surprisingly solid Metroid-style action
Shadow Labyrinth didn't make the best first impression, though I'm not talking about the game itself. The concept of a gritty reboot of Pac-Man first reared its strange head in Secret Level, an anthology that turned notable video games into animated shorts that mostly felt like extended commercials. And that's exactly what the episode 'Circle,' which reimagined Pac-Man as a blood-soaked survival story, turned out to be. But as off-putting as the episode was, it turns out that the premise actually works for a Metroid-style action game. For those who didn't watch Secret Level, Shadow Labyrinth puts you in the role of an unnamed, hooded swordmaster, who awakens to find himself inside some sort of dark alien labyrinth. He's greeted by a floating drone named Puck, who serves as both a guide and a partner to survive in this treacherous world. Puck, of course, is Pac-Man. For the most part, the game plays a lot like a typical Metroidvania. It's a side-scrolling game that's heavy on action, like Metroid Dread, and as you defeat bosses and collect gold, you'll slowly expand your arsenal of skills, which opens up the game further. The twisting, maze-like map is full of dead ends that you can't explore until you get the right ability, which include staples like a double jump and grappling hook. You can also craft various upgrades, both permanent and temporary, so you can customize the character to your liking. It's a satisfying loop of exploration, combat, and problem-solving (usually involving some kind of platforming sequence), punctuated by tense, elaborate boss fights that depend a lot on pattern memorization. I could be describing a lot of other games here, but there are a few elements that make Shadow Labyrinth unique. And it mostly has to do with Puck. Scattered throughout the labyrinth are rails that Puck can ride on, sort of like Pac-Man moving his way through a classic arcade maze. It's reminiscent of Samus' morph ball ability, except it's relegated to predetermined areas of the map. Later on, there are actual Pac-Man mazes to play through, too, complete with pellets and ghosts to eat. The game is at its best when you're quickly swapping between Puck and the swordmaster, either to navigate a tricky platforming sequence or defeat enemies. In one early boss battle, I was able to use a rail on the ceiling to avoid projectiles, and then drop behind the enemy for some quick sneak attacks. Early on, Puck and the swordmaster gain the ability to temporarily fuse together to create a power-up that's sort of like a mech suit, which you can use to devastate most enemies and even avoid environmental hazards. Oh, and when you're a mech, you can eat your enemies to gain materials needed for those important unlocks. One of the nice things about Shadow Labyrinth is that, unlike the animated short that preceded it, it doesn't overdo it with the grim tone. It can get a little bloody when you're slicing through creatures, but it's not gratuitous. In fact, much like Dread, the oppressive tone creates an interesting kind of tension, one that makes the rare moments of respite feel especially welcome. That said, the cutscenes are self-serious and convoluted, and there are silly moments where Puck becomes giant and eats the corpses of bosses, but these are mostly easy to ignore if all you want to do is explore a complex map, Metroid-style. That's really what the game offers. The combat is solid, the platforming is challenging, and the bosses are exciting. And thankfully, the tone mostly doesn't intrude on the experience, while the Pac-Man theme brings just enough new to add an interesting twist for those well-versed in Metroidvanias. Secret Level may have been a commercial, but it was a pretty poor one: it missed what actually makes Shadow Labyrinth worth playing. Shadow Labyrinth launches on July 18th on the PS5, Xbox, Nintendo Switch, and PC.
Yahoo
a day ago
- Business
- Yahoo
Why Circle Internet Stock Jumped 17% Today
Key Points Circle Internet shares soared on Wednesday as "crypto week" moved forward and the Trump administration put more pressure on the Federal Reserve. Circle Internet seems to thrive when interest rates are high, so today's price jump suggests investors may be anticipating more interest rate increases than cuts in the near future. 10 stocks we like better than Circle Internet Group › Shares of Circle Internet Group (NYSE: CRCL) have been volatile in this so-called "crypto week" on Capitol Hill. For instance, the stock fell 4.6% on Tuesday as lawmakers stumbled over a procedural issue, probably delaying any votes on several cryptocurrency regulation bills. But Circle's stock soared on Wednesday, gaining 17.1% by 1:25 p.m. ET. The procedural roadblocks may clear up today, perhaps getting the crypto week regulatory actions back on track -- and that's not all. Crypto drama on Capitol Hill Beyond the new signs of progress on the pending crypto bills, the Trump administration is facing off against the Federal Reserve. Several news outlets said that Trump wants to fire Fed chairman Jerome Powell, whose careful management of interest-lowering moves doesn't always align with the White House's agenda. Circle Internet keeps a close eye on the Fed's interest rate adjustments. The company makes money almost exclusively by earning interest on its massive cash reserves, which are backing the constant $1 value of the USDC (CRYPTO: USDC) stablecoin. Lowering the federal interest rate by 1 percentage point would lower Circle's bottom-line earnings by at least $500 million, based on the $44 billion Circle held in reserve for USDC support at the end of 2024. USDC's market value has risen to $63.3 billion since then, which increases the impact Federal interest rates will have on Circle's financial results. Today's soaring stock price suggests that investors expect turmoil and maybe even higher interest rates if Trump pushes out Powell. What's next? Trump has denied that he's planning to fire Powell, and the executive branch may not have the authority to remove Federal Reserve officials anyhow. So it remains to be seen how the political pressure might affect Powell's rate adjustments. Today's huge price jump wouldn't make sense without the congressional voting drama amplifying the Fed speculation. In the best of all worlds, the cryptocurrency market could end this week with a long-awaited regulatory framework. Whether the rules are implemented under Powell or another Fed chair, crypto investors are craving regulatory clarity. As the manager of a leading stablecoin, Circle Internet is a useful bellwether of the political developments around crypto. Furthermore, Circle just set Aug. 12 as the date for its first financial report as a public company. I can't wait to see the stablecoin issuer's real-world results in black and white. Should you buy stock in Circle Internet Group right now? Before you buy stock in Circle Internet Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Circle Internet Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Circle Internet Stock Jumped 17% Today was originally published by The Motley Fool Sign in to access your portfolio
