Browsing: Circle

Mizuho Securities has reduced its price target for Circle (CRCL) to $70 due to significant risks affecting mid-term profitability. This adjustment reflects the firm’s assessment of potential challenges that could impact Circle’s financial performance in…

Circle has minted an additional 1 billion USDC coins in the past 24 hours. This recent activity reflects Circle’s ongoing efforts to expand its stablecoin supply. The minting of USDC is part of the company’s…

Circle, the first stablecoin issuer, is experiencing a swift decline back to its initial price level. This drop has raised concerns within the market. Investors are questioning the stability and future of Circle’s stablecoin amid…

Circle’s Q3 Revenue Circle reported a 66% increase in revenue for the third quarter, yet it also experienced a 12% decline, raising concerns in the market. The surge in revenue highlights the company’s growth trajectory,…

Circle has launched StableFX, a stablecoin foreign exchange engine, alongside its Partner Stablecoins program aimed at improving the global foreign exchange infrastructure. The introduction of StableFX is designed to utilize blockchain technology to facilitate efficient…

Circle has expanded the Arc ecosystem by introducing an on-chain foreign exchange engine that enhances multi-currency stablecoin interoperability. This new development aims to facilitate smoother transactions across various stablecoins within the Arc platform. The foreign…

Circle has introduced StableFX, a new platform designed to facilitate onchain currency trading on the forthcoming Arc blockchain. This innovative tool aims to enhance the trading experience by providing a stable and efficient environment for…

Circle rating JPMorgan Chase has raised its rating for Circle from ‘Underweight’ to ‘Overweight,’ reflecting a more favorable outlook on the company. This upgrade indicates that JPMorgan believes Circle has better potential for growth and…

Circle shares ARK Invest has acquired $30.5 million in shares of Circle as the stock has experienced a 12% decline. The investment firm, known for its focus on innovative companies, continues to show confidence in…

Q3 Financial Report Circle, a leading stablecoin issuer, has published its financial report for the third quarter, outlining significant developments and performance metrics. The report provides insights into Circle’s operational achievements and financial health during…