X Financial reported a 56.3% year-over-year revenue decline to RMB993.6 million in Q2 2026, driven by a 70.2% drop in loan origination to RMB11.63 billion. Net income fell 91.1% YoY to RMB47.0 million, despite a 23.8% quarter-over-quarter increase, reflecting lower operating contributions and elevated loan delinquency rates. The company is focusing on disciplined underwriting, cost control, and capital preservation amid ongoing regulatory challenges and a tough credit environment. It also declared a semi-annual dividend and continues its share repurchase program to enhance shareholder value.
Claims that XRP could be used with the Federal Reserve's FedNow payment system through Volante Technologies have sparked excitement in the XRP community. Volante connects financial institutions to multiple payment rails including FedNow and has a lon...
Dogecoin (DOGE) is trading at $0.09272 with a 2.74% gain and a $15.8 billion market cap, showing signs of a potential bullish reversal through a weekly double-bottom chart pattern. Traders watch the key $0.40 neckline level, which if broken, could si...
Bitcoin jumped from around $64,330 to $74,440 last week, marking a 23.23% weekly gain after months of decline and stagnation. This surge, predicted by analysts in early August, signals a potential new bull market similar to past recoveries in 2019 an...
Ethereum's price increased by 1.34% to $2,443.79 after reclaiming a key support level, with analyst Javon Mark noting a 55% gain from this support. The next major resistance to watch is $4,811.71, which if broken, could lead to a surge toward $8,500....
On August 21, Solana experienced a surge in onchain activity, leading to a daily burn of 87,000 SOL tokens—the highest in nearly seven months and far above the usual 648 SOL. This spike suggests growing network usage, which has slightly increased mar...
