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Mizuho Securities Downgrades Circle Stock, Cuts Price Target

The post Mizuho Securities Downgrades Circle Stock, Cuts Price Target appeared com. Key Points: Mizuho Securities lowers Circle’s stock target to $70 amid concerns. Circle stock drops nearly 40% over the past month. No comments from Circle’s leadership following the downgrade. On November 15, Mizuho Securities kept an ‘underperform’ rating on Circle stock, reducing the price target to $70 amid key risks impacting medium-term earnings. This rating and price cut highlight challenges such as interest rate concerns, stagnant USDC circulation, and escalating costs, influencing Circle’s stock and market dynamics among stablecoins. Circle Faces Decline Amid Stagnant USDC and Competition Mizuho Securities cites substantial risks for Circle’s medium-term earnings and has lowered its price target for the company’s stock. In addition to potential interest rate cuts due to economic shifts, the firm highlighted Circle’s structural challenges like high distribution costs and competitive pressure in the stablecoin market. Circle’s stock has experienced considerable decline in value, dropping nearly 40% in the last month. Such movements highlight ongoing bearish sentiment surrounding Circle, accompanied by stagnant USDC circulation. This has further raised concerns among investors about Circle’s strategic growth prospects. Community and executive responses are notably absent, with no statements from Circle’s leadership on this Mizuho downgrade. According to a Form 4 Filing for Company 1818008, the absence of comments may affect shareholder confidence, contributing to the existing market doubts about Circle’s operations. Market Reaction and Historical Parallels Draw Insights Did you know? USDC, issued by Circle, remains at a stable price of $1. 00 despite the falling stock. According to CoinMarketCap, its market cap stands at $74. 93 billion with a trading volume of $9. 28 billion, reflecting a 60. 61% decrease over 24 hours. Price changes span negligible shifts across one to ninety days. USDC(USDC), daily chart, screenshot on CoinMarketCap at 22: 06 UTC on November 15, 2025.

Entertainment

BREAKING: S S Rajamouli’s Mahesh Babu-Priyanka Chopra starrer Varanasi the first Indian film which is ‘filmed for IMAX’

S S Rajamouli, M M Keeravani, Mahesh Babu, Priyanka Chopra, Prithviraj Sukumaran and others attended the grand Globetrotter event in Hyderabad. At this event, Rajamouli announced that his film Varanasi will be the first film of Indian cinema to be filmed in IMAX. S S Rajamouli came on stage and explained that certain films, which are released in IMAX screens, are “blown up”. He said, “That is not true IMAX.” He also said that his films like Baahubali and RRR (2022) were in the 1: 1. 9 format. The 100 feet x 130 feet screen, the biggest ever, behind the blockbuster filmmaker, explained the difference between the aforementioned two formats. Then he showed a visual that covered the whole screen. Rajamouli said, “Our film (Varanasi) will be screened full screen. It is filmed for IMAX!”He explained, “I’m so proud to say that we are introducing new technology to Telugu Cinema Premium large-scale format. It is filmed for IMAX.” As expected, the crowd went into a frenzy. S S Rajamouli then asked his team, “Can I have the trailer in full-screen format?”Sadly, there was a glitch. Rajamouli regretted the error and informed the crowd that 45 generators had been used to power up the screen. After some time, the announcement video was finally played in all its glory and got a roaring response. Earlier in the day, Prithviraj Sukumaran said how he bagged the film, “The famous S S Rajamouli narration that my friend Prabhas told me so much about, started. 5 minutes into the narration, I was blown away. For the rest of the 3 hours, I heard it not as an actor listening to a narration pitch but more like a little boy who has laid his hands on the next edition of his favourite comic book! The scale, the vision, the ambition everything was India’s greatest contemporary filmmaking, pushing his own limits to never-before-seen territory.”Also Read: Varanasi-Globetrotter event: Priyanka Chopra cutely joins Mahesh Babu fans in chanting “Babu, Babu”; thanks his family, “Namrata Shirodkar, Sitara Ghattamaneni made me feel that Hyderabad is home”.

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Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC

The post Alibaba to Use JPMorgan’s Blockchain for Tokenized Dollar and Euro Payments: CNBC appeared com. Alibaba’s global business-to-business platform is moving to streamline cross-border payments by using tokenized versions of major currencies, part of a broader shift toward blockchain-based settlement in global commerce. Kuo Zhang, president of Alibaba. com, told CNBC that the platform plans to begin using tokenized deposits backed by fiat currencies such as the U. S. dollar and euro. The technology, which it will build in partnership with JPMorgan, is designed to speed up transactions and reduce the number of intermediaries needed for international payments. In today’s cross-border trade, a U. S. buyer sending dollars to a Chinese supplier may see funds routed through several banks and undergo multiple currency conversions, adding both time and cost. With tokenized currency, a digital version of that dollar could be transferred directly over a blockchain-based system, bypassing the intermediaries. Alibaba. com will use JPMorgan’s blockchain-based JPMD infrastructure, a system designed to move tokenized deposits between institutional clients. Unlike stablecoins, which are typically issued by non-banks and backed by assets like treasuries, tokenized deposits sit on a regulated bank’s balance sheet. Zhang said the company is also exploring the possibility of adopting stablecoins in the future, but will first focus on bank-issued digital tokens to ensure regulatory and operational clarity. Source:.