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Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market | ZivFin News | ZivFin

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Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market

CoinDesk2026.06.09Source: coindesk.com ↗

Circle unveiled cirBTC, a token backed 1:1 by the world's largest cryptocurrency, to allow traders to use their bitcoin wealth in DeFi protocols.

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RelatedBTC...-ETH...-

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Nuvalent shares surge 39% after UK's GSK agrees to buy the cancer drugmaker for $10.6 billion

ZivFin Analysis2026.06.09

The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers' race to bolster pipelines.

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Trump says Iran deal could be reached in 'two or three days' and Strait of Hormuz will reopen 'immediately'

ZivFin Analysis2026.06.09

Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of a "very, very good deal".

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Market

AI Trade Will Be Volatile Though Demand Signals Encouraging

ZivFin Analysis2026.06.09

Trade in artificial intelligence-linked stocks will continue to be volatile during a catalyst-heavy period, but the underlying investment case for the sector is strong, UBS Global Wealth Management's Mark Haefele wrote.