Ark Invest bought $30.5 million worth of shares in Circle Internet (CRCL) on Wednesday as the issuer of the second-largest stablecoin fell 12%. Cathie Wood’s investment management firm added a total 353,328 CRCL shares …
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Circle (CRCL) Can Withstand Rate Cuts as Stablecoin Demand Grows: Bernstein
by adminby adminWall Street broker Bernstein said Circle (CRCL) could take a revenue hit if U.S. rates fall sharply, but strong stablecoin demand and operating leverage may help soften the blow. Every 25 basis point drop …
- Blockchain Research
Circle (CRCL) Called ‘Most Important’ Stablecoin Player by Investment Firm William Blair
by adminby adminCircle (CRCL) is the most important player in the stablecoin ecosystem, according to investment bank William Blair, which initiated coverage on the company with an “Outperform” rating and a long-term bullish thesis. The firm …
