Financial powerhouse Mizuho Securities has lowered its price target for Circle stock to $70, citing market risks and concerns over the company’s mid-term profitability. This move contrasts sharply […]
Circle’s Stock Price Slumps Following Downgrade from Mizuho Securities
Mizuho Securities has downgraded Circle’s stock rating, lowering its price target to $70 due to concerns about the company’s medium-term earnings. The firm cited factors like stagnant USDC […]
ARK Invest Acquires Circle Shares: Rumors Fuel Token Speculation
ARK Invest, led by Cathie Wood, has purchased shares of Circle Internet Group, prompting speculation about potential ties to an upcoming ARC token launch. However, the investment’s legitimacy […]
Ark Invest Buys $30.5M in Circle Stock as Earnings Beat Triggers 12% Selloff
Cathie Wood’s Ark Investment Management made a strategic move on Wednesday, investing $30.5 million in Circle Internet Group stock following the stablecoin issuer’s impressive third-quarter earnings report. This […]
Cathie Wood’s ARK Invests in Crypto, Buying Circle and BitMine Shares amidst Market Correction
Cathie Wood’s investment firm, ARK Invest, has taken a bullish stance on the cryptocurrency market by purchasing shares of Circle, BitMine, and Bullish. The company invested $15.56 million […]
Circle Launches On-Chain FX Engine StableFX on Arc Blockchain
Circle has launched StableFX, a new institutional trading platform for on-chain currency transactions, powered by its Arc Layer-1 blockchain. This marks a significant step forward in secure and […]
Circle Surprises With Q3 Earnings, But Growth Slowdown Looms
Despite exceeding earnings expectations in Q3, Circle faces uncertainty about future growth and increased regulatory risks. The stablecoin issuer reported $740 million in revenue, with nearly 96% generated […]
Circle Surprises With Q3 Profits, But Growth Uncertain Amid Regulatory Risks
Despite exceeding analyst expectations for Q3 earnings, Circle’s future prospects remain unclear as its growth slows and regulatory uncertainty looms. The stablecoin issuer achieved $740 million in revenue […]
Ark Invest Invests $46 Million in Circle Stock: A Sign of Growing Institutional Confidence in Crypto
Investment firm Ark Invest has made a significant move by acquiring $46.3 million worth of Circle stock. This strategic investment signals growing confidence in the stablecoin ecosystem and […]
ARK Invest Doubles Down on Circle Stock Amid Price Drops
Investment firm ARK Invest has increased its investment in USDC issuer Circle, purchasing another $46 million worth of shares following recent price declines. This comes after ARK offloaded […]
Circle Stock Reaches IPO Price After Insider Unlocks, Market Volatility Concerns Rise
Circle’s stock price has returned to its initial public offering (IPO) level following the release of shares held by insiders, sparking concerns about market volatility. The company’s CEO, […]
JPMorgan Upgrades Circle Rating: Potential 16% Price Increase Expected
JPMorgan has raised its rating for Circle (CRCL) from ‘underweight’ to ‘overweight’, boosting the target price from $94 to $100. This signals a potential 16% increase, according to […]
Circle Unveils Native Token for Arc Blockchain, Fuels Q3 Profits Surge
Stablecoin issuer Circle has unveiled plans for a native token on its ARC blockchain testnet, an enterprise-focused Ethereum Virtual Machine network. This move follows the launch of Arc […]
Circle Reports 202% Profit Increase in Q3: Stablecoin Market Booms
Circle’s recent earnings report reveals a significant surge in profit, highlighting a promising recovery within the stablecoin market. Revenue from their partnership with Coinbase played a key role, […]
Circle’s Q3 Revenue Soars 66%, USDC Circulation Reaches Record High
Circle Internet Group, the stablecoin issuer behind USD Coin (USDC), has released its third-quarter earnings report, showcasing strong growth across all operations. Circle reported a net income of […]