Cryptocurrency Live News & Updates : Eyenovia Stock Soars Over 65% After Financing News
24 Jun 2025 | 11:55:11 PM IST
Eyenovia's shares jumped by over 65.2%, boosting its market cap to $26 million, following the announcement of a $50 million PIPE financing initiative for its HYPE strategic reserve plan. Eyenovia has seen a remarkable surge in its stock price, increasing by over 65% after announcing a $50 million PIPE financing initiative aimed at launching its HYPE strategic reserve plan. Meanwhile, Belgravia Hartford Capital has initiated a Bitcoin-focused private placement financing of CAD 10 million, fully backed by Bitcoin reserves, indicating a growing trend of companies leveraging cryptocurrency for funding. Synaptogenix is also entering the crypto space with its acquisition of TAO, part of a broader strategy centered on artificial intelligence and machine learning. In the cryptocurrency market, APT has experienced a significant 17.75% increase, briefly surpassing the $4.8 mark. Conversely, Circle's stock has dropped 15% following a warning from the Bank for International Settlements about the risks associated with stablecoins, despite still being over 600% higher than its IPO price. This mix of soaring stocks and cautionary reports highlights the dynamic and often volatile nature of the cryptocurrency landscape. Show more
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Time of India
7 hours ago
- Time of India
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