Cathie Wood buys $14M Circle dip as CRCL stock tests key support
Cathie Wood’s ARK Invest has purchased 220,012 Circle Internet Group shares worth about $13.9 million as CRCL stock has fallen below $64 and every major...
Tag : Circle
Circle president backs USDC as new rival pressures CRCL stock
Circle President Heath Tarbert has defended the company’s long-term strategy after Circle shares fell sharply from their post-IPO peak. Summary Circle says USDC’s scale and...
Piero Cipollone rattles Coinbase and Circle with stablecoin warning
Piero Cipollone has warned that stablecoins could drain bank deposits as Coinbase fell 1.75% to $157 and Circle lost 6% across five sessions to trade...
Circle wins legal fight over Heka’s USDC minting and redemption account
Circle has secured a court-backed arbitration win after records made public in a Boston federal court detailed why the stablecoin issuer suspended Heka Funds’ USDC...
Cathie Wood’s ARK buys another 220K Circle shares despite sell-off
Cathie Wood’s ARK Invest is doubling down on its bet on USDC issuer Circle even as the company’s stock remains under pressure. ARK bought another...
Ark Invest buys $13.9M in Circle shares while trimming Robinhood stake
Ark Invest has expanded its exposure to Circle and Block while cutting its Robinhood position, adding nearly $15.4 million worth of shares across the three...
JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase
JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves...
JCB signs Circle MOU to test stablecoin payments in Japan
Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions. Under...
Circle stock tumbles as US banks challenge CLARITY Act loophole
Circle Internet Group shares have dropped more than 2% in pre-market trading after US banking groups urged the Senate to tighten stablecoin provisions in the...
USDC issuer Circle wins final approval for US national trust bank charter
USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First...