Circle将于8月5日公布2026年第二季度财报
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Ark Invest bought nearly $18 million worth of Circle shares on Wednesday; CRCL has fallen 41% in the past month.
PANews reported on July 2 that, according to The Block, Cathie Wood's Ark Invest bought nearly $18 million worth of Circle Internet Group stock on Wednesday. CRCL fell to $61.95 that day, a cumulative drop of 41% over the past month.
MGBX will launch spot trading for CRCLB (Circle), SNDKB (SanDisk), and TSLAB (Tesla).
According to official Odaily, MGBX will launch spot trading of CRCLB (Circle), SNDKB (SanDisk), and TSLAB (Tesla) on June 22, 2026 at 18:00 (SGT). Top-up opening time: June 22, 2026, 16:00 (SGT) Trading opens on June 22, 2026 at 18:00 (SGT). Withdrawals will reopen on June 23, 2026 at 19:00 (SGT). CRCLB: CRCLB is a tokenized security of Binance bStocks, corresponding to the underlying asset Circle Internet Group. Circle is the operator of the Circle Payment Network (CPN) and provides products and services to financial institutions participating in the network to assist them in accessing and integrating the CPN. SNDKB: SNDKB is a tokenized bStocks, corresponding to the underlying asset SanDisk. SanDisk Corporation is a global flash storage company that designs and manufactures products such as SD cards, USB flash drives, and solid-state drives for consumers and enterprise users. TSLAB: TSLAB is a tokenized bStocks, corresponding to the underlying asset Tesla. Tesla is a vertically integrated sustainable energy company that is also committed to driving the global transition to electric mobility by manufacturing electric vehicles.
Two major news events caused CRCL to plummet 17.55%, closing at a record low of $62.63.
According to Mars Finance, on July 1st, based on market data, Circle (CRCL), one of the leading crypto stocks in the US market, fell sharply by 17.55% on Tuesday, closing at $62.63, which is already at a historical low. In related news, the new stablecoin project Open Standard announced that it has received support from over 140 companies, including Visa, Mastercard, American Express, Stripe, BlackRock, Coinbase, Google, BNY Mellon, Standard Chartered, DBS, U.S. Bank, Shopify, DoorDash, and IBM, covering payment giants, traditional banks, asset management companies, crypto-native companies, and technology platforms. The company plans to launch its stablecoin, OpenUSD, later in 2026, and it will be deployed on multiple chains including Base (Coinbase), Solana, Stellar, Polygon, and Ripple. Furthermore, the news of CRCL's removal from the Russell indices continues to generate discussion. It is understood that the Russell indices underwent a correction after market close on June 26th, with CRCL (Circle Internet Group, NYSE: CRCL) being removed from several major Russell growth indices, including the Russell 1000 Growth. Passive funds/ETFs tracking these growth indices will undergo mechanical adjustments, resulting in the sale of CRCL shares.
Bank of New York Mellon and Circle expand their partnership, adding USDC minting and redemption functionality.
PANews reported on June 30th that, according to The Block, Bank of New York Mellon (BNY) and Circle Internet Group have expanded their partnership, adding USDC minting and redemption capabilities to its digital asset custody platform. Institutional clients can now hold USDC in their BNY digital wallets and directly instruct the bank to complete two-way exchanges between USD and USDC. USDC becomes the first stablecoin supported on the platform, and BNY stated that it will gradually support more stablecoin issuers in the future, initially supporting USDC on the Ethereum and Solana chains. BNY was already the primary custodian of USDC reserves, and the new service establishes a seamless bridge between traditional fiat currency and digital assets.
Circle's stock price remains promising despite a sharp drop; Bernstein predicts it will more than triple.
PANews reported on July 1st that, according to The Block, Bernstein reiterated its "Outperform" rating on Circle and maintained its price target of $190, implying an upside of approximately 203% from the current share price. This comes after Circle's parent company, CRCL, saw its share price fall 17.5% in a single day following the launch of its new stablecoin, Open USD (OUSD). OUSD is operated by the independent company Open Standard, partnering with over 140 institutions including Visa, Stripe, Mastercard, BlackRock, and Coinbase. Minting and redemption are free, and reserve revenue is shared among partners.
As Circle's stock price plummeted, Ark Inves once again "bought the buy the dips," purchasing $3.28 million worth of CRCL shares.
According to Mars Finance, on July 1st, Cathie Wood's Ark Invest once again "bought the buy the dips," purchasing 52,455 shares of Circle (worth $3.28 million) on the day before, when Circle's stock price plummeted by 17.6%. In addition, Ark Invest also bought 133,803 shares of Bullish (worth $3.13 million), 16,081 shares of Coinbase (worth $2.35 million), and 16,028 shares of Robinhood (worth $1.6 million).