Public Keys: Circle Goes Quiet, Miners Dump Bitcoin, and Semler Gets Bailed Out
Summary
Circle is in a mandatory quiet period following its S-1 filing, indicating plans to go public despite IPO uncertainties. eToro also confirmed its quiet period status regarding its IPO. Bitcoin miners have increased sales, with 15,000 BTC sold on April 7, totaling over $1.12 billion, as prices fell below $80,000. Semler Scientific plans to use a loan from Coinbase Credit to settle with the DOJ while simultaneously raising $500 million through securities to buy Bitcoin, some of which will serve as collateral for the loan. Coinbase faces a lawsuit from Oregon regulators for allegedly promoting unregistered securities, despite recent legal victories against the SEC.