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The stablecoin issuer generated profits of over $10 billion during the first three quarters of this year and is looking to diversify its portfolio.
Mizuho Securities maintained an “underperform” rating on Circle’s stock while lowering its share price target to $70.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Leading Ethereum treasury firm BitMine (BMNR) has appointed a new chief executive and three independent directors.
Earlier Friday, Arkham data showed Saylor’s Strategy reduced its bitcoin holdings from 484,000 BTC to about 437,000 BTC.
An Oklahoma man was sentenced to spend five years in prison for running a fraudulent $9.4 million crypto scheme.
BlackRock is launching an extension of its tokenized treasury fund on BNB Chain as Binance begins to accept BUIDL as off-chain collateral.
The miner added over 3,000 BTC to its bitcoin reserve in the third quarter as its capacity scaled to 25 EH/s.
BTCS delivered record Q3 revenue and a swing to profitability as an ETH accumulation play and DeFi integrations fuel strongest quarter yet.
The analysts maintained an outperform rating and $54 price target for Figure stock — implying 56% upside potential from Thursday's close.