Crypto firms on Wall Street diverge: miners dip, strategy clones vary

Circle’s CRCL increased more than 70% this week, while Coinbase’s COIN rose by 19.79%. In contrast, most major public miners, like Applied Digital, suffered significant losses, reflecting a stark divergence in crypto firm performances.

Ripple is pushing Judge Torres for a joint motion approval with the SEC to settle ongoing disputes about XRP. The proposed settlement aims to reduce penalties while maintaining existing rulings, potentially reshaping XRP’s regulatory outlook.

Companies mimicking Strategy’s coin-collecting methods had mixed results. While some, like Metaplanet, thrived with a 13.8% gain, others experienced significant declines, highlighting the volatility and varied responses within the crypto space.