Circle Internet Group Inc.’s shares surged 20% after receiving a buy rating from Seaport Global, coinciding with new regulatory developments for cryptocurrencies. The company has seen a staggering 600% increase in shares since trading began.
The approval of a landmark stablecoin bill by the U.S. Senate has sent crypto stocks skyrocketing, paving the way for broader adoption and regulatory clarity in the crypto sector. Major players like Circle are set to benefit significantly.
Find out how a scandal involving $LIBRA cryptocurrency in Argentina led to the withdrawal of $99 million by wallets linked to the token's creator. President Milei denies any involvement as investigations unfold.
