You're receiving this email because you're subscribed to Future Finance from Benzinga. To manage your subscription, click the link at the bottom of this email.

Happy Wednesday!

Bitcoin is bracing for the impact of Trump’s tariff announcements and experts see ‘short-term optimism’ winning out for the moment.

Circle, the company behind USDC that’s going public soon, is showing increasing revenue but falling profits — what’s up with that?

Can’t-Miss Event: Don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

Click here to reserve your spot today!

TOP STORY

Bitcoin Braces For Trump Tariff Announcement: 'Short-Term Optimism' Has The Upper Hand, Experts Say

As markets brace for the impact of President Trump’s tariff announcements, experts point to regulatory clarity as a bullish catalyst, while a looming correction in equities remains the most prominent downside risk.

Speaking with Benzinga, Mike Cahill, CEO of Douro Labs and a key contributor to the Pyth Network, believes the optimism in markets is short-term in nature.

"Markets rallying into the tariff announcement reflect a classic case of short-term optimism winning out over long-term uncertainty," he said.

So, what are the bullish and bearish catalysts going into Trump’s tariff announcements?

Read the full scoop here.

SPECIAL OFFER

Don’t miss Benzinga’s must-attend virtual forum on the rapidly evolving ETF market! Join us on June 5th at 10 am ET to explore the latest trends in crypto ETFs, thematic ETFs, and innovative structures. Gain valuable insights into strategies reshaping how financial advisors guide clients and how retail investors adjust their portfolios.

Click here to reserve your spot today!

QUICK N DIRTY

Dogecoin and Shiba Inu are down 15% over the past week — what is going on?

Bitcoin to $250K this year? It’s happening, according to Arthur Hayes. Here’s what about the Fed’s policies makes him so bullish.

Donald Trump’s ‘Liberation Day’ seems to be liberating Bitcoin of its bearish fears thus far. The crypto king has reclaimed $85,000 in Wednesday’s trading session.

FINTECH FOCUS

Circle’s Revenue Grows, But IPO Filing Shows Falling Profitability

Circle Internet Financial, the company behind USD Coin, is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions.

Matthew Sigel, Head of Digital Assets Research at VanEck, highlighted the disconnect between Circle’s topline momentum and its bottom-line performance.

Sigel pointed out that the company’s earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 78%, while net income dropped 66%, despite strong revenue growth.

What’s the reason for this development?

Read the full scoop here.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Cannabis Daily: A must-read daily briefing for cannabis investors, operators and enthusiasts. Join our list of industry veterans to jump start your morning. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.

Disclaimer: This communication from Benzinga is for informational purposes only. It is not intended to serve as a recommendation to buy, sell, or hold any security and is not an offer or sale of a security. Information contained within should not be perceived as a research report and is not intended to serve as the basis for any investment decision. Any third-party views reflected herein do not reflect the opinion of Benzinga. All investments involve risk and the past performance of a security does not guarantee future results or returns. There is always the potential for financial loss when investing in securities or other financial products. Investors should consider their investment objectives and risks before investing. Benzinga is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Benzinga may receive monetary compensation from the issuer, or its agency, for publicizing the offering of the issuer’s securities. This content is for informational purposes only and is not intended to be investing advice. This is a paid ad. Please see 17b disclosure linked in the campaign page for more information.