daz999999999
05-15 11:20
$MSTR$  


On other news, the other Cryptocurrency, (StableCoin player) Circle Internet Corp. (CRCL) saw its shares plummet 6.13% during intraday trading on Thursday, extending a recent downward trend for the cryptocurrency-focused financial services company.

The decline follows the company's weaker-than-expected first-quarter 2026 results, released earlier in the week. Circle reported Q1 revenue of $694 million, which fell short of analyst estimates of $715 million. Earnings per share also declined to $0.19, down from $0.30 in the year-ago quarter and $0.43 in the prior period, reflecting significant margin compression.

Adding to negative sentiment, a director at Circle Internet Group sold 1,200 shares on May 13, just before the stock's decline. Market analysts also point to ongoing headwinds for the company, including declining interest rates that are squeezing reserve yields, cooling crypto trading sentiment, and regulatory uncertainty surrounding U.S. stablecoin legislation.


Coinbase Q1 Revenue Drops 31%: Can Stablecoins Save the Story?
Coinbase Q1 revenue fell 31% year-over-year to $1.41B, with a net loss of $394M ($1.47 per share);. Bright spots included USDC stablecoin revenue rising 11% YoY to $305M and institutional derivatives revenue up 37% following the Deribit consolidation; the company also announced 700 layoffs and an AI pivot. Can Coinbase's 'stablecoin plus derivatives' dual engine sustain its valuation, or is the bull market receding? Is Coinbase a buy below $200?
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