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CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across…

Seeking Alpha
Published: 2026-10-30 17:53 UTC
Collected: 2026-10-30 18:20 UTC
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$CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across crypto infrastruct…

$CRCL froze over $800M in stablecoins following a $6.3B security breach at Binance. $IBIT Circle shares fell 5.6% in after-hours trading as investors weighed contagion risk across crypto infrastructure. Circle: P/E = 44x Revenue growth = 37% Valuation grade = C- Total cash = $1.73B Short interest = 14% Earnings on Wednesday, November 4, will test whether Circle's reserve model can maintain market trust. Seeking Alpha Quant Rating for Circle: Hold. Does Circle's reserve model hold up under stress?

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Seeking Alpha · Published 2026-10-30 17:55 UTC

COIN delivered a Q3 earnings surprise, posting $2.51 in GAAP earnings per share. $IBIT Prediction market revenues surged past $200M annually, cushioning a decline in total crypto…

$COIN delivered a Q3 earnings surprise, posting $2.51 in GAAP earnings per share. $IBIT Prediction market revenues surged past $200M annually, cushioning a decline in total crypto trading volume. Coinbase: Total Q3 trading volume = $1.21T, down from $1.30T in Q2 Adjusted expenses

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