|
Circle Internet Group's Stock Surge: A New Era for Stablecoins
2025-06-17 10:30:09
Finance
Stocks
Business

Circle Internet Group's Stock Surge: A New Era for Stablecoins

Circle Internet Group's stock has reached unprecedented heights, recently peaking at $165.60, fueled by institutional interest and a compelling IPO debut. The company's USDC stablecoin is gaining traction, with CEO Jeremy Allaire predicting a transformative moment akin to the 'iPhone moment' for stablecoins.

This surge comes amid geopolitical tensions and a recovering IPO market, positioning Circle as a potential leader in the evolving fintech landscape. Notably, Cathie Wood's ARK Invest has shown strong support but also recently divested a portion of their holdings.

Despite this, the optimism surrounding Circle remains robust, indicating a bright future for stablecoins in global finance.

The press radar on this topic:

benzinga
16. Juni 2025 um 16:24

Circle Internet Group (CRCL) Stock Hits New Highs: What's Going On?

Circle Internet Group's (CRCL) stock reached new highs, reaching $154.82 after a 15.4% surge in trading on Monday. The company, which issues the USDC stablecoin, has seen strong momentum since its IPO on June 5, with significant institutional interest driving the rally. Cathie Wood's ARK Invest made a large purchase shortly after the debut, calling it an 'amazing debut' due to the growing role of stablecoins in global finance.
The Street
18. Juni 2025 um 19:05

Stock hits new all-time high as Israel-Iran conflict escalates

Circle Internet Group's stock (NYSE: CRCL) reached an all-time high of $165.60 on June 16 amid escalating tensions in the Israel-Iran conflict, following a notable IPO debut on June 5 at $69. The company, known for the USDC stablecoin, previously rejected acquisition offers from major crypto firms like Ripple and Coinbase. The stock experienced multiple trading halts due to volatility, and as of the latest report, it was trading at $157.07, reflecting a daily increase of 17.60%. Circle's CEO,..
The Street
18. Juni 2025 um 13:09

Circle's stock price surges after stunning CEO comment TheStreet Daily Newsletter

Circle Internet Financial, the issuer of the second-largest stablecoin USDC, saw its stock price surge after CEO Jeremy Allaire suggested that stablecoins are nearing their 'iPhone moment' - the point where they become ubiquitous and essential. The article discusses how stablecoins could revolutionize payments and fintech, and how regulatory tailwinds and an IPO market rebound have boosted Circle's prospects. Circle's stock has significantly outperformed the broader market in recent weeks, ref..
Crypto.news
17. Juni 2025 um 07:23

Cathie Wood’s Ark offloads $51.7M in Circle stock post-5x rally

Ark Invest, led by Cathie Wood, sold $51.7 million worth of Circle's CRCL shares following a 387% stock price surge since its debut. The sale was part of three actively managed ETFs and represented about 7.6% of Ark's initial position in Circle. Despite the sell-off, Ark still holds over 4.15 million CRCL shares valued at approximately $628 million.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact