BloFin Research: Circle’s Q2, Arc Token Presale Lifts Guidance and Bridges the Crypto Downturn

AI Summary In its Q2 earnings release, management raised guidance for both other revenue and RLDC margin, which surprised us. A closer look shows that the increase is driven by one-time Arc token presale revenue. This buys Circle time through the 2026 crypto bear market. If the crypto cycle bottoms in Q4 and on-chain activity recovers next The post BloFin Research: Circle’s Q2, Arc Token Presale Lifts Guidance and Bridges the Crypto Downturn appeared first on BeInCrypto . fulltext: 471 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/blofin-research-circle-q2-arc-token-presale/ Source: BeInCrypto