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Hey hamsters, in today's news, Circle prices its IPO and confusion prevails when it comes to the president's new crypto wallet. Hold on to your wheels. This one is going to be a good one. Starting off strong, Circle makes its debut and it's higher than expected. The issuer of one of the world's biggest stable coins priced its initial public offering at $31 per share in a positive sign for the industry as a whole. Upon release, the stock will trade on the New York Stock Exchange under ticker symbol CRCL. Good news everyone.
An announcement of a quote unquote official Trump wallet tied to Trump Link businesses is causing some confusion. The crypto wallet which was launched in partnership with the NFT marketplace Magic Eden and the firm behind Trump's memecoin was promoted as being affiliated with Donald Trump. However, Eric Baron and Donald Trump Jr. are now claiming they don't know anything about the project. [Music] The wheel of management is spinning and now LinkedIn CEO will be overseeing Microsoft Office products, marking a shift in leadership responsibilities. Meanwhile, the executive leading a key AI product will begin reporting to the head of the Windows division. Okay. A new report shows that JP Morgan is set to expand its financing options to include spot Bitcoin ETFs. This means clients will be able to use their cryptocurrency ETFs as collateral when applying for loans in what would appear Wall Street just opened a new tunnel. And rounding out today's news, Apple lost the beat to pause a court order that forces it to allow App Store developers to direct users to the web for inapp purchases. The decision will unfortunately means another defeat in Apple's ongoing legal battle with Fortnite creator Epic Games over control of the mobile app marketplace.
Yikes. Very interesting. That's all for today. Thanks for watching. Subscribe and remember hamsters are power one for all and do for one. Bye..
