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00:21

RAVE briefly breaks above 1.7 USDT, with a 24-hour gain of over 300%

Gate News message. On April 11, according to some CEX price data, RAVE briefly broke through 1.7 USDT and is currently trading at 1.58 USDT, with a 24-hour gain of 315%. In addition, according to Ai Yi monitoring, in the past 7 hours, an address has cumulatively withdrawn 29.78 million RAVE from a certain CEX, totaling a value of 33.68 million US dollars. There is a clear financial link between this address and the two addresses that, earlier this morning, deposited tokens to the trading platform near the starting point of the price surge.
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RAVE73,48%
16:06

Compass Point downgrades Circle’s rating to “Sell,” and cuts its price target to $77

Compass Point analyst downgraded Circle’s rating from “Neutral” to “Sell,” and cut the target price to $77. The reason is that USDC growth is mainly coming from low-profit platforms, which is affecting the company’s earnings. The analyst expects first-quarter performance to miss expectations, with EBITDA falling 19% quarter-over-quarter. Despite this, if the crypto market rebounds, Circle’s outlook could still improve.
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USDC-0,04%