Crypto-related stocks including Galaxy Digital (GLXY), Circle Internet (CRCL) and Bitfarms (BITF) posted double-digit gains on Thursday as bitcoin BTC$114,144.69 rose the highest since mid-August. Galaxy, a digital asset investment and data center conglomerate led by Mike Novogratz, added 12%. The company was a lead investor in Forward Industries’ $1.65 billion fundraising closed today to … Read more
Finastra, a London-based financial tech provider to some of the world’s largest banks, said Wednesday it will connect its payments hub to Circle’s (CRCL) USDC stablecoin, giving banks an option to settle cross-border transfers with the token. The integration will begin with Finastra’s Global PAYplus (GPP), which processes more than $5 trillion in daily cross-border … Read more
Crypto stocks opened the week under pressure as traders took profits following a sharp Friday rally across digital assets and broader financial markets. MARA Holdings (MARA) and Circle (CRCL) led the losses, falling about 6% in early trading. Bullish (BLSH) was down 5%, while Strategy (MSTR) slipped 3%. Other publicly traded platforms with crypto exposure, … Read more
Crypto-linked stocks and digital assets surged on Friday after Federal Reserve Chair Jerome Powell signaled that the central bank could begin cutting interest rates as soon as September. The tone marked a shift after weeks of growing investor doubt that the Fed would act before year-end. Bitcoin BTC$115,244.11 and ether (ETH) both moved higher following … Read more
Wall Street firm Bernstein expects the crypto bull market to run longer than previously thought, potentially peaking in 2027 instead of 2025–26, with outperform-rated Robinhood (HOOD), Coinbase (COIN), and Circle (CRCL) all set to benefit, the broker said in a report Tuesday. Bernstein raised its Robinhood price target to $160 from $105. The shares were … Read more
Stablecoin issuer Circle (CRCL) has acquired Malachite, the consensus engine that is set to underpin payments-focused blockchain Arc, from software development firm Informal Systems, according to a Monday press release. Several people from Informal Systems will join Circle as part of the acquisition. The firms didn’t reveal details about pricing. The deal comes as Circle, … Read more
Circle (CRCL) plans to offer 10 million shares in a secondary stock sale priced at $130 per share, more than four times to price of its initial public offering in June. The stablecoin issuer behind the USDC token is itself offering 2 million shares of Class A common stock, it said in a Tuesday filing … Read more