Daily Headlines: Analysts Back Outlook, Circle's Selling Questioned; Bhutan Sells $37 Million Worth of Bitcoin; Bitmine Increases Holdings of $145 Million Worth of Ethereum; and More News

CoinNetwork · 2026-03-25T18:39:06+00:00

Bernstein analysts believe Circle's 20% stock price decline is misunderstood, as the impact of the Clarity Act is primarily on distributors, while Circle's revenue model remains unaffected. The firm's valuation is projected to reach $75 billion by 2030. Meanwhile, Ark Invest and Bitmine are actively increasing their holdings, while South Korea shows a notable increase in cryptocurrency outflows.

CoinNetwork

2026-03-25 18:39:06

Abstract generation in progress

Bernstein analysts believe that the recent 20% drop in Circle’s stock price has been overinterpreted, as the Clarity Act’s restrictions on stablecoin yields mainly affect distributors, not issuers like Circle. They maintain that Circle’s reserve-based revenue model remains largely unaffected. Bitwise Chief Investment Officer Matt Hougan predicts that by 2030, Circle’s valuation could reach $75 billion. During the sell-off, Ark Invest bought $16 million worth of Circle stock. Additionally, Bhutan transferred approximately $37 million worth of 519.7 Bitcoin, which may indicate a selling activity; meanwhile, Bitmine purchased about $145 million worth of 67,111 Ethereum, continuing its active accumulation. South Korea experienced approximately $60 billion in cryptocurrency outflows in the second half of 2025, a 14% increase from the first half.

BTC0,62%

ETH0,23%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.