Finance
Citi Initiates Coverage on Circle, Valuation Remains Stable with Buy Rating
Citi offers a bullish perspective on Circle's stock, highlighting a significant potential upside based on their analysis.
Banking
Circle Seeks Federal Trust Bank Charter for Enhanced Regulation
Circle has submitted its application to establish a federally regulated bank, aiming for enhanced oversight similar to traditional financial institutions.
Crypto
JPMorgan Initiates Circle Coverage with Underweight Rating and $80 Target
JPMorgan's analysts have started coverage on Circle, the stablecoin issuer, assigning it an underweight rating and setting a target price of $80 as the market cap appears inflated post-IPO.
Crypto
CoinDesk Weekly Recap: Dominance of Stablecoins in Current Market Trends
Positive momentum for stablecoins is evident across various markets, highlighting significant gains and developments.
Crypto
Investors Flock to Circle in South Korea Amid Stablecoin Regulation Changes
South Korean retail investors are shifting focus towards Circle Internet Group, making it the top foreign stock amidst regulatory changes for stablecoins.
Blockchain
Taurus Unveils Open-Source Privacy Technology for Stablecoins, Starting with USDC from Circle
Taurus launches a zero-knowledge proofs privacy layer for stablecoins, beginning with Circle's USDC.
Finance
Circle Stock Plummets 15% as BIS Raises Concerns on Stablecoins
Circle's stock saw a 15% decline following a report from the Bank for International Settlements questioning the stability of stablecoins in financial systems.
Finance
Mastercard Enhances Stablecoin Capabilities With New Integrations
Mastercard expands its network to incorporate various stablecoins, including PayPal’s PYUSD and the Global Dollar (USDG), facilitating seamless transactions.
Finance
Ark Invest Offloads Circle Shares While Acquiring Robinhood and Coinbase Stock
Ark Invest has been capitalizing on its investment in Circle as it offloads shares while purchasing equities in Robinhood and Coinbase.
Altcoins
Circle Stock Rises Dramatically: Key Factors Behind Its Surge
The stock of Circle CIRCL has surged nearly tenfold since its IPO, driven by increased demand from USDC interest, partnerships, and clearer regulations.
Finance
Circle Achieves Record Market Capitalization Approaching Coinbase
Circle's remarkable surge showcases the intensifying demand for stablecoins, with the company's valuation nearing that of crypto giant Coinbase.
Finance
Fiserv Enters the Stablecoin Market with New Collaboration
Fiserv announces a new digital asset platform and stablecoin, teaming up with Circle, Paxos, and PayPal to enhance cross-border payments.
Cryptocurrencies
ARK Invest Sells Additional $146.3 Million in Circle Shares Following Explosive IPO Surge
ARK Invest continues to offload Circle shares as the stablecoin's stock skyrockets post-IPO.
Finance
Circle's Market Surge Invites Attention as Analysts Predict a $2 Trillion Stablecoin Industry
Circle's shares have surged by another 20%, surpassing the $235 price target set by Seaport Securities as the stablecoin market is projected to grow significantly.
Crypto
Circle Crypto Stock Surges Over 500%: A Look at Blockchain Stocks
Circle, the issuer of USDC, has seen its stock price increase by over 530% since its public listing, sparking discussions about the viability of blockchain stocks.
Finance
Circle's Stock Soars After Senate Passes Stablecoin Legislation, Fueling Investor Confidence
A significant rally in Circle's shares follows the U.S. Senate's approval of a bill aimed at integrating regulated stablecoins into the financial system, reflecting the company's strong potential in upcoming digital payment frameworks.
Crypto
Ark Invest Offloads $45M in Circle Shares Following U.S. Senate's GENIUS Act Passage
The recent divestment by Ark Invest of shares in Circle coincided with the U.S. Senate's passing of a new regulatory act beneficial for the crypto sector.
Crypto
ARK Invest Divests Over $50M in Circle Stocks Amid Stock Surge
Cathie Wood's investment firm capitalizes on Circle's significant stock increase since IPO.
Crypto
Bitcoin Rises to $106K Amid Iran-Israel Tensions, Caution Advised by Analysts
Following a recent drop, Bitcoin has rebounded to approximately $106,000 as market tensions from conflicts in the Middle East influence cryptocurrency prices.
Crypto
Circle IPO Indicates Positive U.S. Stablecoin Regulation, Says Ripple's Garlinghouse
Ripple CEO Brad Garlinghouse expresses optimism regarding the future of stablecoins following Circle's successful IPO.
