Circle
Bitcoin rises to $69,000, stocks reverse big early losses, as crude oil sinks back below $100
WTI crude oil, which soared nearly 30% to $120 per barrel overnight, has pulled back to $95, easing pressure on risk assets.
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho
The stock has risen about 20% since the U.S. strikes on Iran over the weekend.
Circle's post-earnings surge nears 50% as short squeeze, not strong financials, fuels rally
The violent move had more to do with hedge funds' overcrowded bearish positioning getting wiped out than the company’s financial performance, one analyst pointed out.
Circle shares surge by record 35% as USDC issuance drives estimate-busting earnings
The issuer of the USDC stablecoin posted EPS of 43 cents for the fourth quarter, beating the consensus estimate of 16 cents. The shares surged 35%.
ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle
Analysts speculated that a large issuer like Circle might be moving reserve assets en masse into the ETF, but data show otherwise.
The bitcoin play in Musk's $1T SpaceX-xAI merger
Elon Musk's merger between SpaceX and xAI is creating a trillion-dollar tech titan, and pulling a massive 8,300 Bitcoin treasury out of the shadows. What happens to SpaceX's $650 million BTC stash after the mega deal? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.
Circle shares rise 4% as Polymarket-driven USDC growth prompts analyst upgrade
Mizuho's Dan Dolev revised his bearish outlook on the stablecoin issuer, upgrading the stock to neutral.
Circle faces first major 'threat' for institutional dollars from Tether’s USAT
While Circle's USDC has operated without a "credible domestic competitor," Tether's USAT has the potential to shake up the landscape, analysts said.
