1. Stablecoins are coins which

1. Stablecoins are coins which are convertible to fiat currency dependent on demand for these coins. These coins grow in popularity due to growth in cryptocoin demand.
2. Circle’s surge is at a time cryptocoin values have fallen. The catalyst for price growth in cryptocoins is not known at this time with the market in long term decline.
3. $BTC Digital(BTCT)$ is in a long term bear trend which is primed for a rebound to new highs due to increased interest in cryptocoins and high prices for alternatives in gold

Circle Soars 30%! Still Room to Run?

Circle reported quarterly earnings of $0.56 per share which beat the analyst consensus estimate of $0.17 by 233%. The company reported quarterly sales of $770.232 million which beat the analyst consensus estimate of $739.446 million by 4.16 percent. This is a 76.92 percent increase over sales of $435.367 million the same period last year. Shares of Circe jumped 10% after earnings beat. Reports say Coinbase and MicroStrategy management will share the stage on the 25th at Michael Saylor’s Bitcoin conference How do you view Circle's beat and recent btc rebound? How about next week's conference?

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