Tag Archives: circle

Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab

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Solana-based decentralized exchange (DEX) Drift Protocol has shared the highly anticipated user recovery plan alongside Tether and other collaborators. This move follows the major exploit that drained $285 million from the project’s vaults two weeks ago. Drift Protocol Secures $150M Recovery Fund On Thursday, Drift Protocol, the largest decentralized perpetual futures exchange on the Solana… Continue reading Solana-Based Drift Protocol Announces $150M Recovery Fund, New Token Following Tether Collab→

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→

Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity

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Circle shares slumped on Tuesday (nearly 20%) after U.S. lawmakers advanced the Clarity Act. This decline has been linked to the Clarity Act draft language that suggests it would curb interest paid on crypto stablecoin holdings. A Key Crypto-Basics Misunderstanding The reason of the sudden drop? The market is misunderstanding the legislation, analyst Gautam Chhugani… Continue reading Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity→

Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns

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Circle stock, CRCL, experienced a significant decline over the past day following news of a proposed ban on stablecoin yield. Despite this selloff, Bitwise’s CIO maintains that the market reaction was excessive and projects that the company’s valuation will likely double by 2030. Circle Selloff Was ‘Overblown’ – Bitwise CIO On Tuesday, Circle Internet Financial,… Continue reading Bitwise CIO Projects Circle To Hit $75B Valuation By 2030 Despite Selloff, Clarity Act Concerns→

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 Gains Major Regulatory Foothold in UAE With ADGM License to Scale Stablecoin Adoption

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Circle’s slow but steady expansion into the Middle East has taken a decisive step forward, as the USDC issuer secured a Financial Services Permission (FSP) license from Abu Dhabi Global Market (ADGM). The move positions the company at the center of the UAE’s growing digital-asset ecosystem, strengthening its ability to scale stablecoin adoption across the… Continue reading Circle Gains Major Regulatory Foothold in UAE With ADGM License to Scale Stablecoin Adoption→

Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling

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On-chain analytics platform Lookonchain has provided insights into what may have contributed to the Solana price crash since October. The platform revealed that meme coin launchpad Pump.fun has sold a significant amount of SOL, cashing out almost $500 million since the start of October. Pump.fun Allegedly Dumps SOL Amid Solana Price Crash In an X… Continue reading Why Has The Solana Price Been Crashing Since October? This Major SOL Player Is Selling→

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→