The crypto market is entering a new phase of speculative excitement following Circle's IPO $CRCL (CRCL) debut on the New York Stock Exchange (NYSE). Among the voices drawing historical parallels is Arthur Hayes, co-founder of BitMEX, who described the moment with a clever turn of phrase: “We’ve gone full Circle — what a glorious day,” referring both to the company's name and the cyclical nature of crypto hype.
Social platform X (formerly Twitter), owned by Elon Musk, has announced a strategic partnership with Polymarket, the world’s leading decentralized prediction market. This marks a groundbreaking collaboration between a mainstream social network and a blockchain-based platform, signaling a shift in how real-time sentiment and crowd-based probabilities could influence the global information ecosystem.
The Reserve Bank of India (RBI) has taken another decisive step toward monetary easing, cutting the benchmark repo rate by a larger-than-expected 50 basis points on Friday. This marks the central bank’s third consecutive rate cut in 2025, bringing the total reduction to 100 basis points since February. With inflation retreating below the RBI's target range, the Monetary Policy Committee (MPC) has shifted its focus to boosting domestic growth amid global uncertainties and ongoing pressure on the Indian rupee (INR).