Tag: USDC

Citi Upgrades Galaxy Digital, Predicting a 40% Rally

Citi analysts upgraded Galaxy Digital stock, forecasting a 40% rally to $28 despite recent challenges from the crypto winter and technical indicators suggesting potential near-term downward pressure.

Nvidia Stock Forecast Eyes $212 Level Amid Maia 300 Debut

Nvidia stock faces downward pressure and potential correction toward the $212 level following Microsoft's debut of the Maia 300 chip, growing AI hardware competition, and cautious market sentiment.
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CFTC Clears Coinbase to Offer USDC Derivatives

Coinbase Clearing LLC has secured CFTC approval to operate as a derivatives clearing organization, enabling the exchange to offer 24/7 settlement using USDC collateral for fully collateralized derivatives.

Circle Stock Outlook After Arc L1 TVL Surpasses $500M

Circle stock experiences a pullback and forms a diamond reversal pattern despite its new layer-1 platform, Arc, surpassing $500 million in total value locked and rising US government bond yields.

BNB Outlook Following Binance USDC Deal and $100M Stake

Binance invests $100 million in Circle and renews its USDC alliance as BNB trades near $788, eyeing the $800 resistance level amid growth in real-world assets on the BNB Chain.