Key highlights: Morgan Stanley cut its price target on Circle stock The bank highlighted its weak USDC adoption and reserve income Circle will report Q2 earnings on August 5 Circle stock came under pressure on Monday after Morgan Stanley issued a bearish call on the stablecoin issuer just ahead of its earnings report. The investment […]
Tag: USDC
Key highlights: Coinbase shares fell in after-hours trading after reporting a wider-than-expected second-quarter loss and revenue that missed Wall Street estimates The company captured a record 10.3% crypto trading volume market share, marking its third consecutive quarter of market share gains Management highlighted continued progress toward becoming an “Everything Exchange,” with growing contributions from derivatives, […]
Key highlights: The ETH price is near $2,000 as traders watch the ETH/BTC ratio for a trend reversal Ethereum has surpassed 200 million non-empty wallets, showing strong network adoption The CLARITY Act remains a key catalyst that could influence the ETH price outlook Now, there is talk of renewed interest in Ethereum, but this time […]