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 minting and redemption services over suspected market manipulation involving Tether. Court filings submitted by Circle…
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 companies. According to Ark Invest’s latest daily trading disclosure, the investment firm purchased 220,012 shares…
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 will be divided. According to a JPMorgan research note, the revised agreement could reduce the…
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 CLARITY Act, adding fresh pressure to the stock. According to a joint letter from several…
Circle is looking to expand its South Korea outreach by organising an invitation-only industry event in Seoul later this month as it pursues new partnerships with banks, crypto exchanges and payments firms. According to industry officials cited by The Korea…
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. According to the GENIUS Act…
Visa data shows USDC carrying 70% of adjusted stablecoin volume, double USDT. How Circle won settlement, Tether kept savings, and what breaks the truce.
Circle shares have climbed despite a bearish analyst note from Jefferies, as fresh data has shown USDC processed more than twice the adjusted stablecoin trading volume of Tether’s USDT in June. According to Grayscale Head of Research Zach Pandl, stablecoins…
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…
Samsung has distanced itself from the founding consortium behind the proposed OUSD stablecoin after being named among more than 140 partners announced for the project. According to a report by Chosun, several South Korean companies listed as founding members of…
Login
