
Tags: Circle
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CRCL stock has jumped 800% since its June IPO, nearing Coinbase’s $78B market cap; after-hours trading pushed it above $270 per share.
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Despite offloading $44.76M in Circle shares, ARK Invest still ranks the company among the top holdings in its main ETFs.
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Santiment believes that Plasma’s sale is a marker of maturity in crypto, contrasting today’s investors with the hype-chasers of previous cycles.
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BlackRock’s 10% stake and ARK’s $150M order signal institutional embrace despite pending stablecoin regulations in Congress.
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Circle froze two Solana wallets holding USDC linked to Kelsier Ventures, which happens to be the team behind LIBRA’s controversial launch.
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Circle announces plans for a US IPO.
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The Bloomberg report said the bid was worth somewhere between $4 billions and $5 billion.
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USDC’s dominance on Binance continues to rise, challenging Tether’s market position amid shifting regulatory frameworks in the European Union.
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