Tag Archives: Circle news

Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim

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Circle (CRCL), the issuer behind the USDC stablecoin, is facing a fresh lawsuit in Massachusetts tied to the $280 million Drift Protocol hack that occurred on April 1.  The complaint, filed by plaintiffs represented by the law firm Gibbs Mura, alleges that Circle did not take action to freeze stolen funds even though it had… Continue reading Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim→

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

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Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from… Continue reading Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards→

Circle (CRLC) Boosted By USDC Demand: New Analyst Projections Suggest Rally To $136

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Circle, the firm behind the widely-used stablecoin USDC, has seen its stock, trading under the ticker CRCL, rise above $123 for the first time since October of last year.  This surge was accompanied by a new upgrade from Clear Street, which upgraded Circle’s stock from a “Hold” to a “Buy” and raised its price target… Continue reading Circle (CRLC) Boosted By USDC Demand: New Analyst Projections Suggest Rally To $136→

Circle Tops Q4 Revenue Forecasts, Shares Surge 30% — Key Numbers Inside

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Shares of Circle Internet Group (CRLC) climbed nearly 30% during Wednesday’s trading session after the company delivered fourth-quarter (Q4) 2025 results that comfortably exceeded Wall Street expectations.  The strong earnings report, driven largely by growth in its USDC stablecoin and higher reserve income, pushed the stock to around $79.13 at the time of writing, marking… Continue reading Circle Tops Q4 Revenue Forecasts, Shares Surge 30% — Key Numbers Inside→

Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings

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Following a notable debut on the Nasdaq earlier this year, Circle (CRCL), the issuer of the USDC stablecoin, has experienced a significant decline in its stock value. After hitting a peak of $298 on June 23, just 18 days post-launch, shares have now dropped by 68%, trading around $82. Circle Faces Challenges As Lockup Period… Continue reading Circle Stock Plummets By Almost 70% Post-IPO Debut, Analysts Issue Warnings→

‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment

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Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year.  Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine… Continue reading ‘It’s Hyperliquid Moment,’ Circle States, Seizing HYPE’s 1,500% Surge With New Investment→