Search results for "CIRCLE"

Seaport first gave Circle a "Buy" rating, with a target price set at $235.

Golden Finance reports that Seaport has first covered Circle Internet, giving it a "buy" rating with a target price set at $235. The firm indicated that due to the improving regulatory environment for Crypto Assets in the United States, the usage of stablecoins by consumers and businesses is expected to surge in the future.
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The US stock of Circle briefly pumped to 232.88 USD, continuing to set a new historical high.

BlockBeats news, on June 20, the stock price of Circle on the US stock market briefly pumped to 232.88 USD, continuing to set a new historical high. It has now fallen back to 227.78 USD, with a rise of 14.12%, and a total market capitalization of 505.67 USD.
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Circle: CCTP V2 launched on the Solana Blockchain

Golden Finance reports that Circle has announced the launch of its cross-chain transfer protocol CCTP V2 on the Solana Blockchain, supporting developers and users for quick transfers, as well as the integration of smart contracts after transfers. As of now, other blockchains supporting CCTP V2 also include Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World.
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The three major U.S. stock indices opened slightly higher.

Golden Finance reports that US stocks opened slightly higher, with the three major indices rising: the Dow Jones up 0.36%, the S&P 500 up 0.4%, and the Nasdaq up 0.52%. "The first stablecoin stock" Circle (CRCL.N) rose 14%; Tesla (TSL.O) rose 1.8%, and Robotaxi is about to start public trial operations.
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Data: Circle pre-market rose over 15%, currently reported at $234.

According to ChainCatcher news and market data, Circle's pre-market stock rose over 15%, currently reported at 234 USD. Previously on Wednesday, the stock broke through the 200 USD mark, closing with a big pump of 34.25%. Previously reported, Airwallex founder publicly stated, "It's time to short Circle."
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Circle's US stock pre-market rise nearly 13%, currently at $225.78

PANews June 20 news, Circle's pre-market stock rose nearly 13%, currently reported at $225.78. Previously on Wednesday, Circle (CRCL.N) stock price broke through $200, significantly closing up 34.25%. Previously, news reported that the founder of Airwallex stated: It's time to short Circle.
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[Regulatory Breakthrough] Amazon, Walmart, and Revolut are seizing the opportunity with stablecoins! Is a global payment reshaping imminent?

With the passage of the stablecoin "GENIUS Act" by the U.S. Senate, and then President Trump directly "pressured" the House of Representatives, asking for "no delay and no additional provisions" to submit the bill to the White House as soon as possible, the stablecoin boom officially hit. As the world's top digital bank, Revolut has always had a layout for the crypto industry, so it is natural to seize this precious opportunity and reveal new progress in its stablecoin plan! According to Decrypt, citing people familiar with the matter, the fintech giant, which is valued at up to $48 billion, is actively promoting the research and development of its proprietary stablecoin and is in talks with crypto-native companies. This is not an isolated case, with the U.S. Senate passing the stablecoin "GENIUS Act", and then President Trump directly "pressuring" the House of Representatives to "not delay, no clauses", the bill will be submitted to the White House as soon as possible, a wave of stablecoin issuance led by traditional business and financial giants is sweeping - retail giants Amazon, Walmart, travel giant Expedia, etc. have been exposed to consider entry, and Wall Street banks such as Bank of America, JPMorgan Chase, Citigroup, etc. are also gearing up.
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Artemis Founder: The market capitalization of USDC may exceed 370 billion USD by 2029.

Jon Ma, founder of Artemis, a cryptocurrency institutional data platform, said in a post on the X platform that the Circle Payment Network (CPN) has been added as a revenue item, and the data predicts that the scale of B2B payments will exceed $570 billion in 2029, and if 20% of them are in CPN, then 0.1% of the commission income will flow to Circle. In addition, according to the current growth rate of the stablecoin market, if the stablecoin supply grows by 30% year-on-year in 2029 to reach $1.2 trillion, based on
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Odaily Morning News

1. White House: Trump will decide whether to take military action against Iran in two weeks; 2. Semler Scientific announces BTC accumulation plan: to hold at least 10,000 coins by the end of 2025 and reach 105,000 coins by 2027; 3. Insider: Revolut is actively exploring the issuance of its own stablecoin; 4. Aave DAO has repurchased more than 50,000 AAVE so far, with an average price of $199.74 and a floating profit of $3 million. 5. Jupiter DAO: Voting will be suspended until the end of 2025 to focus on products and communities; 6. LayerZero has launched a second public consultation on whether to turn on the "fee switch"; 7. Arizona Bitcoin Reserve Bill HB 2324 passed in the Senate; 8.
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Airwallex CEO: The time has come to short Circle.

Golden Finance reported that Jack Zhang, co-founder and CEO of the corporate payment and financial platform Airwallex, posted on the X platform: "The time has come to short Circle." Jack Zhang had previously expressed doubts about the practicality of stablecoins in mainstream currency cross-border transactions. U.S. stock trading data shows that Circle's stock price briefly rose to over $210 this week, achieving a single-day increase of nearly 40%, with a market capitalization exceeding $48 billion.
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Circle CEO: The CPN Node will create greater global Liquidity for stablecoins and fiat.

Odaily News Circle CEO Jeremy Allaire posted on the X platform, stating that each Node on the Circle Payment Network (CPN) creates more value for all network participants and generates greater global Liquidity for stablecoins and fiat.
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After the stablecoin bill was passed by the Senate, Circle's stock price rose over 500% after its IPO.

According to Gate News bot and CoinDesk reports, Circle (NYSE: CRCL) surged 34% on Wednesday after the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins, rising 6% in after-hours trading. This move drove Circle's stock price to close at $199.59 on Wednesday, reaching a high of $211.87 in after-hours trading. Since its listing on June 5, the stock has risen over 540%, making it one of the fastest-rising stocks in the crypto assets sector after its initial public offering.
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4E: Bitcoin is experiencing high-level fluctuations as risk aversion and signals of a hawkish Federal Reserve suppress the market.

As of June 19, Bitcoin maintained between $103,000 and $108,000, with the market under pressure due to the situation in the Middle East and The Federal Reserve (FED) interest rate policy. Ethereum, Cardano, and other Crypto Assets generally fell, risk appetite decreased, and Trading Volume reduced. Trump supports the stablecoin regulatory bill, but overall market sentiment is cautious, and attention needs to be paid to policy and geopolitical risks.
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After meeting with Circle, South Korean Central Bank officials remain skeptical about the issuance of a Korean won stablecoin.

According to Gate News bot, South Korean media Newsway reported that despite several unnamed executives from Circle recently holding discussions with officials from the Central Bank of Korea and members of Congress, the Central Bank of Korea remains lukewarm towards the proposal of launching a Korean won stablecoin.
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After the meeting, the Bank of Korea still held a skeptical attitude towards the issuance of the Korean won stablecoin.

Gate News bot message, despite a recent meeting with USDC stablecoin issuer Circle, the Bank of Korea remains lukewarm towards the proposal to launch a Korean won stablecoin.
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Stablecoin bill ignites crypto stock frenzy: Circle surges 33%!

According to Cointelegraph, the U.S. cryptocurrency industry has achieved a significant policy breakthrough! On June 18 local time, the U.S. Senate overwhelmingly passed the GENIUS Stablecoin Act with 68 votes in favor and 30 against. The core of the bill is to establish a national regulatory framework for stablecoins, providing legal protection for cryptocurrency assets that have long been in a gray area. Circle (NASDAQ: CRCL), as the most direct beneficiary of the bill, saw its stock price soar by 33.82%, closing at $199.59 (an increase of 65% compared to the closing price on the first day of listing on June 5).
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Delphi Report: Tether and Circle account for 86% of the stablecoin market share, with over $120 billion in US Treasury bonds locked in stablecoins.

BlockBeats news, on June 19, according to a report by Delphi Digital, the supply of the stablecoin market has surpassed 250 billion USD for the first time. Among them, yield-generating stablecoins are growing rapidly, with Ethena reaching nearly 6 billion USD since its launch; Tether and Circle still dominate the market, accounting for a total of 86% of the circulating supply; the diversity of issuers has increased, with more than 10 stablecoins having a circulating supply of over 100 million USD; over 120 billion USD of U.S. Treasuries are locked in stablecoins, forming a liquidity pool outside the traditional markets.
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Circle's trading volume in US stocks exceeded 63 million shares yesterday, setting a new record since its listing.

BlockBeats news, on June 19, according to market information, Circle's trading volume exceeded 63 million shares yesterday, surpassing the 60.7 million shares on the second day of its listing, setting a new record since its IPO. Meanwhile, Circle closed yesterday at $199.59, also marking a new high since its listing.
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Data: Circle briefly broke $200, rising 33.82%

According to ChainCatcher news and market data, Circle briefly broke through 200 USD, with a rise of 33.82%.
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Opinion: The fall in Visa and Mastercard stock prices may reflect expectations for Blockchain payments.

Odaily News Analyst @goodalexander stated that instead of saying that Circle's recent rise is a bubble, it is better to focus on the 9% drop in stock prices of Visa and Mastercard within a week. He believes that the market is beginning to price in the large-scale adoption of blockchain in the payment and credit sectors, which is a positive and gradual signal.
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Circle's post-IPO high pumped to $214, with a daily rise of nearly 40%.

Odaily News According to Yahoo Finance data, Circle's Closing Price has reached 199.59 USD, with a daily rise of 33.82%; the after-hours price has risen to 214 USD, currently reported at 211 USD, with a market capitalization of 48.4 billion USD.
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Circle's market capitalization exceeds $40 billion, surpassing 60% of USDC's Circulating Supply.

Odaily News The market shows that the stock price of Circle, the "first stock of stablecoins," has surpassed 172 USD, rising over 23%, with a market capitalization reaching 41.715 billion USD. As of now, the circulating supply of the stablecoin USDC issued by Circle is approximately 61.5 billion USD, which means that Circle's market capitalization has reached 67.8% of the USDC circulating supply.
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Since its listing, Circle has accumulated a rise of 440%.

Golden Finance reports that Circle (CRCL.N), known as the first stablecoin stock, has risen over 12%, with a cumulative increase of 440% since its listing.
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Data: Stablecoin leader Circle rises by 12%, with a cumulative increase of 440% since its listing.

According to ChainCatcher news, Jin10 reported that the first stablecoin stock Circle (CRCL.N) has risen over 12%, with a cumulative rise of 440% since its listing.
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Affected by the regulatory progress of stablecoins, Circle (CRCL) stock price rose by 10%.

Gate News bot message, market data shows that after the US Senate passed a stablecoin regulatory bill, Circle (CRCL) stock price rose by 10%.
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Circle stock price continues to pump, breaking through 164 dollars, with an increase of over 10%

Odaily News After the U.S. Senate passed the stablecoin bill Genius Act, Circle, known as the "first stablecoin stock," saw its share price exceed $164, currently reported at $164.15, with a rise of 10.06%.
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The CRCL in the US stock market has expanded its rise to 8.25%, currently quoted at 161.46 USD.

BlockBeats news, on June 18, according to market data, the U.S. stock Circle Internet Group (CRCL) has increased by 8.25%, currently quoted at 161.46 USD.
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Ark Investment sells its second batch of Circle shares

Golden Finance reported that well-known investor Cathie Wood's Ark Invest has sold the second batch of Circle shares.
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US stocks Circle (CRCL) pre-market rise 3.02%

BlockBeats news, on June 18, according to market data, US stocks of Circle (CRCL) rose 3.02% in pre-market trading, currently reported at 153.51 USD.
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Circle rose 3.6% before the market, and the US Senate passed the stablecoin bill.

Odaily News According to market news: Circle, known as the "first stablecoin stock," rose 3.6% in pre-market trading, and the U.S. Senate passed the stablecoin bill. (Jin10)
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Affected by the U.S. Senate passing the stablecoin bill, Circle's pre-market stock rose by 3.6%.

The market shows that stablecoin giant Circle rose 3.6% in pre-market trading. This morning, news came that the U.S. Senate passed the stablecoin bill.
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Ark Invest, led by Cathie Wood, has once again sold $44.8 million worth of Circle stocks.

Gate News bot message, Cathie Wood's Ark Invest has once again sold Circle shares worth $44.8 million after reducing its holdings of Circle shares valued at $51.7 million.
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Wall Street veterans say the "GENIUS Act" positions ETH at the center of tokenization finance.

According to the Gate News bot, as reported by CoinDesk, while the U.S. Senate is busy passing the GENIUS Act, Vivek Raman, the founder of the Ethereum advocacy company Etherealize, is even busier, traversing Wall Street to explain why Ethereum (ETH) has suddenly become the center of institutional financing.
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Ark Invest sold $44.8 million worth of Circle shares the day after withdrawing $51.7 million.

According to the Gate News bot and The Block, due to the strong position of this stablecoin issuer's stock, which remains far above its recent IPO price, Cathie Wood's Ark Invest sold shares of Circle Internet Group Inc. (CRCL) for $51.7 million the day before, and then sold the stock again for $44.76 million.
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Ark sold off $44.76 million of Circle stock again, cashing out nearly $100 million for two consecutive days.

PANews June 18 news, according to The Block report, Ark Invest sold another $44.76 million worth of Circle (CRCL) shares on June 17, after reducing its holdings by $51.7 million the previous day. This round of selling was completed by three ETFs: ARKK, ARKW, and ARKF, totaling 300,000 shares sold. Although CRCL fell 1.26% to $149.15, it is still far above the IPO issuance price of $31.
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Circle, the first stablecoin stock, continued to rise more than 6% today

Golden Finance reports that the first stablecoin stock, Circle, has continued to rise over 6% today, with a cumulative rise of 420% since its listing, reporting at $160.70.
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After a big pump, female stock god Cathie Wood quickly cashed out by selling over 340,000 shares of Circle.

Circle stock attracted investors to take profits due to a significant pump. Well-known investor Cathie Wood's ARK Invest has partially reduced its holdings by 342,658 shares, with a total reduction value of approximately 51.7 million USD, while still holding 4.15 million shares, with a market capitalization of 628 million USD.
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On its first day of trading, Circle's stock price soared 434%, with a market capitalization exceeding $33.6 billion.

Gate News bot message, on June 16th, U.S. time, the stablecoin USDC issuer Circle had a strong performance on its first day of trading in the U.S. stock market. Data shows that Circle's stock price briefly reached a high of $165.60, ultimately closing at $151.06, a 434% rise from the $31 issuance price, with a market capitalization of $33.617 billion. According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistical content covers information such as the market capitalization, issuers, and collateral of each project.
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Arthur Hayes: The prospects of Circle IPO imitators are worrisome, and stock trading is like a "hot potato".

Gate News bot news, industry KOL Arthur Hayes pointed out in an article on Monday that while Circle's IPO marks the beginning of the "stablecoin frenzy," most stablecoin companies attempting to follow its path will ultimately be overvalued and fail. "This listing marks the beginning of this round of stablecoin frenzy, not the end," he added, stating that such companies will eventually burst like a bubble, and investors should "trade these companies' stocks like a hot potato." However, Hayes did not urge traders to short these stocks, as the U.S. policy direction supporting the crypto assets industry and the rhetoric of the "stablecoin frenzy" would initially push up related stock prices.
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The number of daily active addresses for XRP has surged 7 times, and the number of whales holding over 1 million XRP has reached a new high.

Gate News bot reports that on-chain data from Santiment shows that ecological activity on the XRP Ledger is becoming increasingly active due to various factors. In the past week, the number of daily active addresses for XRP surged to 295,000. Over the past three months, the daily average number of active addresses for XRP has hovered between 35,000 and 40,000, which is a sevenfold increase compared to the average of the previous three months, indicating a significant rise in on-chain activity. The data also shows a surge in the number of on-chain whale wallets. Currently, there are 2,708 wallets holding at least 1 million XRP, marking a high point since 2012, with each wallet's XRP holdings valued at approximately $2.25 million.
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Ark Invest sells Circle shares for a profit of $51.7 million

Gate News bot message, according to a report by TheBlock, Cathie Wood's Ark Invest sold 342,658 shares of Circle (CRCL) on Monday, with a total transaction amount of 51.7 million USD. The transaction occurred when the CRCL stock price reached a historical high of 151.06 USD, nearly 5 times the IPO issuance price of 31 USD. Circle, as the issuer of the USDC stablecoin, has recently attracted investor attention, mainly due to the growth of USDC business and the positive news brought by the GENIUS Act.
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Ark Invest reduced its holdings of Circle stock by 51.7 million dollars.

Golden Finance reported that Cathie Wood's Ark Invest reduced its holdings of 342,658 shares of Circle stock through its three ETFs on Monday, with a total value of 51.7 million USD. Circle's stock price rose 13.1% on the day, closing at a historic high of 151.06 USD, nearly five times its IPO price of 31 USD.
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Ark Invest sells $51.7 million worth of Circle shares, with stock prices hitting a new high.

Gate News bot message, as Circle's stock price hits a new high, Cathie Wood's Ark Invest sold 342,658 shares of Circle Internet Group Inc. stock through its three exchange-traded funds on Monday, worth approximately $51.7 million.
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U.S. stocks Circle continue to pump, with a market capitalization exceeding 36.4 billion dollars, setting a new historical high.

BlockBeats news, on June 16, US stocks of Circle continue to pump, with a rise of 22.62%; currently reported at 163.78 USD, with a market capitalization of 36.461 billion USD, hitting a historical high.
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Data: Circle briefly broke through 162 US dollars, setting a new historical high with a rise of over 18%.

According to ChainCatcher news and market data, Circle briefly broke through 163 USD, continuing to set a new historical high with a rise of over 18%, and the cumulative increase since its listing has exceeded 420%.
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Circle rose nearly 21%, continuing to set a new historical high.

Golden Finance reports that the first stablecoin stock, Circle, has expanded its rise in US stocks, currently experiencing a big pump of nearly 21%, continuing to set a historical high, with a cumulative rise of over 420% since its listing.
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Circle CEO: Stablecoins are about to welcome their "iPhone moment".

PANews June 15 news, Circle CEO Jeremy Allaire emphasized on the X platform that stablecoins are the most useful form of currency in history. "We have not yet reached the 'iPhone moment', when developers around the world will realize the power and opportunities of programmable digital money on the internet, just as they saw the unlocking of programmable mobile devices. It will come soon."
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Circle CEO: Stablecoins are yet to迎来 "iPhone moment"

According to Gate News bot, Jeremy Allaire, co-founder and CEO of Circle, recently expressed the view that stablecoins are the most practical form of currency. He emphasized in the article that the stablecoin industry has not yet reached an important Node similar to the "iPhone moment." Allaire further elaborated that when the stablecoin industry reaches this stage, developers will gain the ability to operate a programmable digital dollar. He stated in the post that the development Node of this digital dollar is approaching.
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Circle CEO: Stablecoins may be the most practical form of currency, but the industry’s "iPhone moment" has not yet arrived.

According to a report by Jinse Finance, Jeremy Allaire, co-founder and CEO of stablecoin issuer Circle, stated on the X platform that stablecoins may be the most practical form of currency in history, but the "iPhone moment" for the stablecoin industry has not yet arrived. However, once the stablecoin market enters the so-called "iPhone era," developers will be able to unlock programmable digital dollars just like unlocking programmable mobile devices. At that time, programmable digital dollars will exert power on the internet and create opportunities, and this era may arrive soon.
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Data: The circulating supply of USDC has decreased by approximately 100 million over the past 7 days.

PANews, June 14 news, according to official data, in the 7 days ending June 12, Circle issued approximately 2.6 billion USDC, redeemed approximately 2.6 billion USDC, and the Circulating Supply decreased by about 100 million. The total Circulating Supply of USDC is 60.9 billion, with a reserve of about 61.2 billion USD, of which approximately 8.5 billion is in cash, and the Circle Reserve Fund holds about 52.7 billion.
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