Tag: Mizuho

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Mizuho turns bearish on stablecoin issuer Circle, citing Open USD competition

Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and slashed its price target to $50 from $85, arguing that OpenUSD's business...

Circle’s (CRCL) OCC approval fails to ease core concerns, Mizuho says

Circle Internet Group's (CRCL) final approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank is a...

Circle’s (CRCL) strong trading volumes noted by Mizuho as it raises price target

Circle’s (CRCL) USDC has overtaken Tether’s USDT in transaction volumes for the first time since 2019, prompting Japanese investment bank Mizuho to raise its...

Middle East tensions, higher oil boost Circle (CRCL) shares as rate-cut odds fade: Mizuho

Shares of stablecoin issuer Circle (CRCL) have risen over 20% this week, outperforming the broader market following Israeli and U.S. airstrikes on Iran over...