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According to ChainCatcher, the crypto research institution 10x Research posted on X that crypto concept stocks have shown divergent performance recently. Among them, Circle (CRCL) stock price has risen above the 7-day and 30-day moving averages, showing bullish technical signals, with a weekly increase of about 3.6%. On the fundamentals side, Circle has reached a strategic partnership with Polymarket, with the latter adopting native USDC as its main settlement asset, further expanding USDC's usage in the prediction market. At the institutional level, ARK Invest, led by Cathie Wood, increased its holdings by 218,000 shares of CRCL during the market pullback, valued at approximately $13 million, indicating rising institutional confidence. Analysts believe that under the framework of the GENIUS Act, promoting digital dollar reserves to flow more directly into the US Treasury market could make Circle a major beneficiary of this trend.

According to Odaily, 10x Research posted on X that the stock price of a certain exchange (CRCL) has risen against the trend over the past week, standing above the 7-day and 30-day moving averages. On the institutional side, Cathie Wood’s ARK Invest increased its holdings by 218,000 shares of CRCL during the market correction, indicating growing institutional confidence. In addition, the exchange has reached a strategic partnership with Polymarket, with the latter adopting native USDC as its primary settlement asset, further expanding the use of USDC in the prediction market. Analysts believe that the GENIUS Act legislative framework could facilitate a more direct inflow of digital dollar reserves into the US Treasury market, making the exchange a potential major beneficiary under this trend.

According to Odaily, the DFINITY Foundation posted on X that the economic model of Internet Computer is undergoing changes. Under the old model, node providers were only compensated for running nodes; under the new model, 80% of cloud engine revenue will be distributed to the nodes powering it, while 20% will be used to burn ICP. Currently, the Node Providers Association has begun promoting the cloud engine to enterprises across Europe.