“To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinDesk in an email. “As a result, we have reduced or ended investments in non-core activities and reduced operational expenses which includes a marginal reduction in headcount. At the same time, we have identified new areas for investment and are continuing to hire in key areas of focus on a global basis.”
Ether (ETH) ETF Hopes Drive Futures Open Interest to Record $14B
Late Monday, Bloomberg's ETF analysts increased the probability of the U.S. Securities and Exchange Commission (SEC) green lighting the spot...