Search results for "CIRCLE"

Turkish gaming company Circle Games has completed a $7.25 million seed round financing, led by Bitkraft Ventures.

Istanbul-based game studio Circle Games recently completed a $7.25 million seed financing round, primarily aimed at developing the project Sort Express and other games, to facilitate team expansion. This financing reflects the rapid rise of the mobile gaming industry in Turkey.
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In pre-market trading, some Crypto Assets concept stocks in the US stock market surged, with SharpLink Gaming rising nearly 6%.

BlockBeats news, on July 7th, according to market data, some cryptocurrency concept stocks in the U.S. market rose before the opening, including: Bit Digital (BTBT.US) rise 12.93%; SharpLink Gaming (SBET.US) rise 5.72%; Circle (CRCL.US) rise 1.72%; IREN Ltd (IREN.US) rise 3.09%.
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The modular automation protocol platform Questflow.ai officially joins the Circle Alliance Program.

Questflow.ai officially joins the Circle Alliance Program as an official partner of Circle. The platform promotes efficient workflow collaboration through the Multi-Agent Orchestration Protocol (MAOP), further recognizing its capabilities in the Web3 native finance and infrastructure field, aiding the expansion of applications such as payments, identification, and automated execution.
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Data: US stock stablecoin concept stocks rise, Robinhood's rise exceeds 6%.

According to ChainCatcher news, market data shows that the US stock stablecoin concept stocks are rising, with Robinhood rising over 6% and Circle rising over 3%. According to ChainCatcher's previous report, as reported by Jinshi, U.S. Treasury Secretary Bessent stated that legislation on stablecoins may be completed by mid-July, which will be a source of demand for U.S. government bonds.
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J.P. Morgan has downgraded Circle's rating to "hold," expecting the stock price to fall to $80 by the end of 2026.

JPMorgan analysts have given Circle stock a downgrade rating, setting a target price of $80, which represents a 55% drop from the current stock price of $180. The analysis suggests that Circle holds a dominant position in the emerging stablecoin market, but its market capitalization is too high.
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Circle's market capitalization has surpassed USDC.

ChainCatcher news, Circle's market capitalization has now surpassed the total market capitalization of its issued stablecoin USDC.
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Anthony Pompliano announced a $1 billion merger plan to create a Nasdaq-listed Bitcoin Financial Service company.

ChainCatcher news, Anthony Pompliano announced today that he will merge with the listed SPAC company Columbus Circle Capital Corp I (stock code: $CCCM) through his private company ProCap BTC, LLC, creating a company named ProCap.
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Circle's rise has expanded to over 24%, with the stock price approaching the 300 dollar mark.

PANews June 23 news, US stock market shows: Circle (CRCL.N) rise expanded to over 24%, stock price approaching the $300 mark.
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TSL rise expanded to 8%, Circle rise expanded to over 15%

BlockBeats news, on June 23, Tesla in the US stock market continued to strengthen, with a rise of up to 8%; Circle's rise expanded to over 15%.
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Circle's stock price has surpassed $260, with a market capitalization of approximately $58 billion.

PANews June 23 news, U.S. stock market shows that Circle's stock price has exceeded $260, currently at $261, rising more than 9% during the day, with a total market capitalization of approximately $58 billion. Close to the total circulating market capitalization of USDC of $61.2 billion.
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A certain Whale prepared 40 million USDC three weeks in advance to participate in the PUMP public sale, but ultimately only bought about 5.15 million USD.

According to BlockBeats news on July 12, on-chain analyst Ai Yi (@ai9684xtpa) monitored that the Address E1bQJ...x2bux subscribed for 40 million USDC from Circle three weeks ago amid PUMP rumors about the upcoming TGE. Six hours before the public sale began, approximately 25 million USDC was transferred to 29 addresses, with a total of 5.15 million USDC successfully deposited into 7 addresses (only counting amounts ≥ 100,000 USD addresses).
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Data: Over the past 7 days, the USDC circulating supply has increased by approximately 700 million.

PANews, July 12 - According to official data, from July 3 to July 10, Circle issued approximately 3.3 billion USDC and redeemed about 2.6 billion USDC, resulting in an increase of approximately 700 million in Circulating Supply. The total Circulating Supply of USDC is 62.7 billion, with a reserve amount of approximately 62.9 billion USD, including about 9.2 billion in cash, and the Circle Reserve Fund holds approximately 53.7 billion.
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Data: Since its launch, Apps on Ethereum have generated approximately $26 billion in user transaction fees.

According to a report by Golden Finance and disclosed by Cointelegraph, since its launch, Apps on Ethereum have generated approximately $26 billion in user payment fees. Major contributors to Ethereum's "Gross Domestic Product" (GDP) include Tether, Uniswap, and Circle.
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Data: The circulating supply of USDC has increased by about 400 million tokens in the past 7 days.

PANews, June 28 news, according to official data, in the 7 days ending June 26, Circle issued approximately 3.4 billion USDC and redeemed about 3.1 billion USDC, with a circulating supply increase of about 400 million. The total circulating supply of USDC is 61.6 billion, with reserves of approximately 61.9 billion USD, including about 8.6 billion in cash, and the Circle Reserve Fund holds about 53.3 billion.
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Circle fell below 190 USD, with an intraday decline of over 8%.

According to a report from Golden Finance, market data shows that Circle has fallen below $190, currently reported at $188.18, with an intraday decline of over 8%.
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The stock tokenization platform xStocks had a trading volume of 3.81 million USD yesterday, with the S&P 500 leading in trading volume.

According to BlockBeats news on July 4, data from Dune shows that the stock tokenization platform xStocks created by Backed saw a trading volume of 3.81 million USD on its fourth day, a significant drop from the previous day's trading volume of 8.56 million USD. The platform reported 2,835 daily active users (DAU) and completed 25,126 transactions. In terms of trading varieties, the S&P 500 index had a trading volume of 960,000 USD, ranking first, followed by TSL, Circle, and NVIDIA stock tokens.
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The financing boom for stablecoin startups has reached a new high, surpassing the peak in 2021.

Golden Finance reports that driven by Circle's successful listing and regulatory clarity, the stablecoin and payment sectors recorded 43 and 42 venture capital transactions respectively in the third and fourth quarters of 2024, setting a new quarterly high, with the total number of transactions for the year exceeding the 2021 peak for the first time. In the first quarter of 2025, this sector accounted for 7.5% of all venture capital transactions. The profitability model and sustainable development of stablecoin infrastructure have attracted significant traditional institutional funding, while regulatory progress such as the US GENIUS Act has further boosted investor confidence, making stablecoins one of the few crypto sectors that have surpassed the data of the last bull market.
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Data: The total market capitalization of the euro stablecoin has risen by 44% this year, and the market capitalization of Circle's EURC has exceeded 200 million USD.

BlockBeats news, on June 27, according to CoinDesk, the Exchange Rate of the Euro against the USD has surged 12.88% this year, with EUR/USD rising from 1.0354 to nearly 1.17, reaching its highest level since September 2021. This rise is due to the breakdown of the correlation between The Federal Reserve (FED) and Central Bank interest rates, as well as a general shift in the market towards the USD. EUR/USD has also outperformed the Nasdaq and S&P 500 indices, nearly matching the rise of Bitcoin, with the 90-day correlation coefficient between EUR/USD and Bitcoin recently rising to 0.62, the highest since February 2024, indicating a certain degree of positive correlation. The total market capitalization of Euro-pegged stablecoins has grown 44% this year, increasing from USD 310 million to USD 480 million, with Circle's EURC stablecoin market capitalization increasing.
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Analysis: The technical support for Bitcoin is solid, but the liquidity is lagging.

Matrixport's weekly report points out that The Federal Reserve (FED) has shifted to a dovish stance, with inflation dropping to 2.38% and the unemployment rate remaining at 4.2%. Market expectations for interest rate cuts have increased, and if Bitcoin price returns to key support levels, it may benefit from this. At the same time, the inflow of stablecoins is poor, and the market is following Bitcoin's performance.
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Retail investors in South Korea have invested nearly $450 million in Circle stocks this month.

Circle Internet Group is highly sought after among retail investors in South Korea, with a cumulative purchase of $450 million in June, and its stock price has risen over 500% since its listing. This phenomenon is related to the reform of the legalization of the Korean won stablecoin, and KakaoPay's stock price also rose by 160% during the same period.
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Circle's pre-market stock is up 4.6%.

Golden Finance reports that Circle is up 4.6% in pre-market trading, with news that Ant International will join its global platform.
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Due to the news of cooperation with Ant Group, Circle rose 5.3% in the night trading.

BlockBeats news, on July 10, according to Yahoo Finance, "the first stock of stablecoin" Circle rose 5.3% in night trading. Previously, it was reported that Ant Group is expected to add Circle's stablecoin to its global platform.
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Ant Group will add Circle's stablecoin to Ant International.

Golden Finance reported that Ant Group will add Circle's stablecoin to Ant International. According to insiders, Ant International plans to incorporate USDC assets into its Blockchain platform after compliance in the United States. As this matter is private, the insiders requested anonymity. Additionally, a specific timeline has not yet been determined.
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Data: Circle issued 250 million USDC on the Solana blockchain.

According to ChainCatcher news, on-chain data shows that Circle issued 250 million USDC on the Solana blockchain 3 minutes ago.
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Circle issued 250 million USDC on the Solana chain.

According to ChainCatcher news, on-chain data shows that Circle issued an additional 250 million USDC on the Solana chain 3 minutes ago.
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On the third day of trading, the stock tokenization platform xStocks reached a trading volume of 7.73 million USD, with the S&P 500 leading in transaction volume.

BlockBeats news, on July 3rd, according to Dune data, the stock tokenization platform xStocks created by Backed has reached a trading volume of 7.73 million USD on its third day of operation, with trading volume continuously rising. In addition, yesterday the platform's DAU (Daily Active Users) decreased compared to the previous day, reaching 4,215 people, achieving 14,560 transactions. In terms of trading varieties, the S&P 500 index trading volume reached 4.25 million USD, ranking first, followed by TSL and Circle stock tokens.
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Golden Finance reported that Circle minted 250,000,000 USDC on Solana 5 hours ago.
According to a report by Golden Finance, data from CoinDesk Data shows that stablecoin issuers generated nearly $10 billion in revenue over the past year. Among them, Tether topped the list with $6.56 billion in revenue, Circle earned $1.89 billion, Sky Protocol received $384 million, and Ethena had $332 million in revenue.
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Taurus launches Open Source stablecoin privacy technology based on USDC.

PANews June 26 news, according to CoinDesk, Swiss encryption custody technology company Taurus has launched a stablecoin privacy layer based on zk-SNARKs, initially supporting Circle's USDC. This technology is developed based on the privacy-oriented Aztec Network, enabling encrypted transactions and balances that can only be read by authorized parties such as issuers and regulatory agencies, effectively preventing unauthorized monitoring and user information leakage.
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Yala launched PayFi Universe, allowing Bitcoin earnings to be spent without selling coins.

PANews July 9 news, according to The Block, Yala officially launched the PayFi Universe system, allowing users to utilize the earnings generated from Bitcoin for daily expenses without having to sell their Bitcoin principal. The core product, Yeti Card, supports global payments, enabling users to directly use Bitcoin earnings to pay for various expenses. Yala has also partnered with Alchemy.
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Circle fall over 6%, has retracted 31% in the last 7 trading days.

Odaily News The US stock market shows that the leading stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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Circle fall超过6%,近7个交易日已回撤31%

Odaily News The US stock market shows that the first stablecoin stock Circle has fallen over 6%, retracting 31% in nearly 7 trading days.
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Grayscale: In the second half of 2025, encryption assets will benefit from a favorable macro background.

Odaily News Gray Release published a research report for June, which pointed out that the GENIUS Act will bring regulated payment stablecoins to the United States, having passed the Senate with bipartisan support and now heading to the House for approval. Circle has successfully gone public, and it is expected that the increase in regulatory clarity and favorable macro backdrop (huge budget deficits and potentially lower Interest Rates) in the second half of 2025 will continue to support encryption assets.
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The stock tokenization platform xStocks recorded a trading volume of 5.82 million USD on its second day, more than 4 times the first day's rise.

BlockBeats news, on July 2nd, according to Dune data, the stock tokenization platform xStocks created by Backed achieved a trading volume of 5.82 million dollars on its second day, more than quadrupling the 1.34 million dollars from the first day. Additionally, yesterday the platform's DAU (Daily Active Users) reached 5,641, executing 15,719 transactions. In terms of trading varieties, the S&P 500 index's trading volume reached 1.69 million dollars, ranking first, followed by TSL and Circle stock tokens.
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The on-chain privacy solution Privacy Pools supported by Vitalik Buterin has added stablecoin support.

The privacy solution Privacy Pools, supported by Ethereum founder Vitalik Buterin, will increase support for USDT, USDC, and DAI stablecoins, aiming to achieve compliant on-chain privacy by filtering illegal funds through a mixed network design.
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The stock tokenization platform xStocks had a trading volume of $6.21 million yesterday, completing 17,010 transactions.

According to BlockBeats news on July 8, Dune data shows that the stock tokenization platform xStocks created by Backed had a trading volume of 6.21 million USD yesterday, with a daily active user count (DAU) of 2,473 and a total of 17,010 transactions. In terms of trading varieties, TSL and Circle had trading volumes of 2.46 million USD and 2.21 million USD, ranking first and second respectively, while the S&P 500 index had a trading volume of 559,000 USD, ranking third.
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U.S. stock market close: major indices diverged, Circle (CRCL.K) rose over 6%

Golden Finance reported that U.S. stocks closed on Tuesday, with the Dow Jones rising 0.9% initially, the S&P 500 index slightly falling, and the Nasdaq dropping 0.8%. Nvidia (NVDA.O) fell nearly 3%, Circle (CRCL.K) rose over 6%, and Tesla (TSLA.O) dropped 5.3%.
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Citigroup: Assigns Circle a Buy rating, target price of $243

According to ChainCatcher news and CoinDesk reports, Citigroup stated that Circle's valuation is reasonable and has given it a buy rating for the first time, setting the target price for Circle's stock at $243, which still has about a 34% upside compared to yesterday's closing price of $181.
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Citigroup: Circle's valuation is reasonable, initiating a buy rating.

Odaily News Citigroup, a financial giant, stated that Circle's valuation is reasonable and has given it a buy rating for the first time. Citigroup set a target price of $243 for Circle's stock, which is an increase of about 34% from last night's closing price of $181. The Citigroup report noted that Circle benefits from "scarcity value, the 'winner-takes-all' concept, significant potential opportunities, legislative momentum," and "enormous operational leverage potential."
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Circle has launched the developer service Circle Gateway, and this month you can access Testnets like Base and Ethereum.

Odaily News Circle announced on the X platform the launch of the developer service Circle Gateway, which enables unified USDC balance, instant cross-chain Liquidity, and other features, eliminating the need for cross-chain pre-funding or rebalancing. A single integration can meet the needs of multiple chains, allowing users to retain full control and withdraw without permission. This month, it will go live on Testnet for Base, Ethereum, and others.
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The FATF warns of the criminal risks of stablecoins, and executives in the encryption field say: it is not aimed at the encryption industry.

PANews July 1st news, the Financial Action Task Force (FATF) recently warned of a rise in crime related to stablecoins, but executives from blockchain intelligence companies stated that this is not a threat to the Crypto Assets industry, but rather emphasizes the need to strengthen regulation and monitoring. Executives from Chainalysis and Asset Reality believe that this warning is aimed at promoting unified licensing and regulation for stablecoin issuers, enhancing real-time monitoring and international cooperation to track and combat illegal flows of funds, rather than prohibiting the development of stablecoins. Chainalysis data shows that the 2025 cryptocurrency crime report indicates that 63% of on-chain illegal transaction volume is denominated in stablecoins. Experts point out that the transparency and traceability of stablecoins make them not the best choice for criminals, while centralized stablecoin issuers also have the ability to freeze illegal funds, such as Tether freezing $225 million of US.
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Since xStocks launched tokenized stocks, the trading volume has exceeded $1.5 million, with the number of trading users reaching 1551.

According to Dune data, Backed's tokenization platform xStocks has reached a volume of $1,574,670 since its launch, with 1,551 users and 61 tradable assets, among which NVIDIA and MicroStrategy have the highest trading volume.
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ZachXBT accuses Circle of failing to take action against USDC payment activities related to North Korea.

PANews reported on July 1 that on-chain detective ZachXBT stated that Circle and USDC are used as the primary payment infrastructure by North Korean IT workers, but no measures have been taken to detect or freeze related activities, while claiming compliance. He noted that recent transaction volume has reached high eight digits, yet no one is paying attention during the current "crime supercycle."
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ZachXBT: USDC has become the primary payment tool for North Korean IT personnel, Circle has not frozen related activities.

Odaily News On-chain detective ZachXBT posted on platform X, stating that the stablecoin USDC issued by Circle is widely used for payments by North Korean IT workers, claiming to have discovered that the recent transaction volume has reached tens of millions of USD. He criticized Circle for not taking any freezing or monitoring measures while claiming to be "compliant," sarcastically stating, "This is a crime Supercycle, and no one cares."
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Encryption stocks are expected to rise by 119% in 2025, which may reshape the structure of the US stock zone.

Odaily News According to a report by 10x Research, as of 2025, encryption concept stocks have accumulated a rise of 119%, surpassing the pump of Bitcoin and most traditional assets. With companies like Circle pushing for billion-dollar IPOs, Wall Street is quietly incorporating encryption stocks into mainstream allocations. The report states that 2025 could become the "year of encryption stocks," with encryption companies expected to become an important component of the emerging zone in U.S. stocks.
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CRCL fell over 6% before the market opened, currently reported at 247.42 USD.

Odaily News Yahoo Finance data shows that US stock Circle (CRCL) fell over 6% in pre-market, currently reported at 247.42 dollars.
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Since its listing, Circle (CRCL) has accumulated a rise of over 740%, with a market capitalization reaching 103.6% of USDC.

According to market data, Circle Internet Group (CRCL) has risen by 9.64% in the US stock market, with a market capitalization of $63.89 billion, and its stock price has increased by 749% compared to the IPO price. The market capitalization of USDC is $61.675 billion, and Circle's market capitalization has surpassed this figure.
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ARK Invest reduced its holdings by 415,844 shares of Circle (CRCL) yesterday, approximately $109.5 million.

According to BlockBeats news on June 24, data from Ark Invest Daily shows that ARK Invest, led by Cathie Wood, reduced its holdings of 415,844 shares of Circle stock (CRCL) on June 23, valuing approximately $109.5 million at a closing price of $263.45.
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Ark Invest reduced its holdings of Circle stocks worth over 100 million USD yesterday.

PANews June 24 news, Ark Invest Daily data shows that Cathie Wood's ARK Invest reduced its holdings of Circle shares by a total of 415,844 shares on June 23, including a reduction of 306,921 shares through the ARKK fund, a reduction of 72,302 shares through the ARKW fund, and a reduction of 36,621 shares through the ARKF fund, with a closing price of 263.45 USD, totaling approximately 110 million USD.
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Hong Kong media: Circle recorded a rise of over 5 times in the month since its listing, and Everbright Holdings has been its shareholder since 2016.

According to Jinse Finance, as reported by Hong Kong media Hong Kong Commercial Daily, Circle, the issuer of the world's second-largest stablecoin USDC, was listed on the New York Stock Exchange on June 5, recording a rise of over 5 times in just over a month. It is reported that Everbright Holdings became a shareholder of Circle in 2016, and Huaxing Capital invested in Circle in 2018. Analysts point out that the stablecoin's "iPhone moment" is approaching investors at a visibly rapid pace, and the market generally believes that stablecoins are expected to reshape the global payment and financial landscape.
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