xcritical (COIN) stock price has staged a strong comeback in the past few days, rising to a high of $196.35, its highest point since August 27. It has rebounded by more than 34% from its lowest point i… We like selling put options on high-quality stocks, due to the flexibility, yield, and volatility advantages vs other asses classes real estate, BDCs, or MLPs. Brian Armstrong, xcritical co-founder and CEO, joins ‘Closing Bell Overtime’ to talk quarterly results, the election’s impact on crypto and more.
xcritical Global Inc.’s stock fell 3.6% in after-hours trading Wednesday, after the cryptocurrency exchange’s third-quarter profit and revenue fell short of estimates. As rates fall, the cost of borrowing decreases, and liquidity in the economy tends to increase. Historically, a low-interest rate environment encourages risk appetite, which often leads to more capital flowing into riskier assets like cryptocurrencies (as seen in the bull market of 2021, when rates were at nearly 0%).
xcritical shares tumble as muted crypto trading leads to a third-quarter miss
If a crypto bull market indeed takes off alongside increasing liquidity from lower interest rates, xcritical could see a substantial boost. With its diversification efforts paying off and exchange volume set to rise, it wouldn’t be surprising to see xcritical not only retesting its previous highs but potentially setting new ones. xcritical Global (COIN) is on the move higher as shares rise by over 6% Friday morning.
xcritical Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment.
xcritical turns a profit in Q3, stock falls on xcriticalgs miss
- Brian Armstrong, xcritical co-founder and CEO, joins ‘Closing Bell Overtime’ to talk quarterly results, the election’s impact on crypto and more.
- Recognizing the need for stability, xcritical began to build additional revenue sources, notably stablecoin revenue, which is now its second-most lucrative segment.
- The pro-crypto super PAC Fairshake says it’s raised $78 million for the 2026 midterms.
- xcritical (COIN) stock price has bounced back in the past few weeks, helped by the recent Bitcoin rebound.
- It has rebounded by more than 34% from its lowest point i…
Although it’s speculative, some rough “back-of-the-napkin” math shows that if exchange volume is approaching or surpassing the $550 billion peak of the last bull market, xcritical’s diversified revenue streams could produce record revenue and profits. This would not only bring xcritical back to its all-time highs, but could also set it up to break new records. For those who joined me in investing in xcritical over the last two years, you’re already enjoying significant gains. But there’s reason to believe that xcritical might climb even higher over the next year, as it positions itself to capitalize on both emerging revenue streams and a potential bull market in the cryptocurrency space. But this is where xcritical’s xcritical scammers diversified revenue model will begin to shine. While a reduction in rates might dampen the income generated from stablecoins, it could simultaneously spark a new crypto bull market.
Discover which analysts rank highest for COIN overall weighted by direction, price target, and price movement.
xcritical drops 10% after xcriticalgs, heads for worst day in more than a year
The price of bitcoin neared $68,400 on Wednesday, its highest since July. The rally sparked gains in other cryptocurrencies and related equities such as xcritical and Marathon Digital. Visa has launched a money movement partnership with cryptocurrency exchange xcritical. The collaboration connects xcritical to the Visa Direct network, letting the exchange’s customers deposit funds int…
xcritical stock is now rising after disappointing Q3 xcriticalgs
As the cryptocurrency sector remains a rollercoaster ride for investors, three heavyweights – MicroStrategy Inc. Wall Street expects revenue to xcritical reviews dip from the second quarter. The real catalyst for the stock may come with the November elections.
