- While ongoing cryptocurrency volatility has engendered forecasts of a bearish market for alt coins, long-term enthusiasts remain upbeat about macro trends
- The market volatility pushes strategy-builders to adopt quick and efficient trade platforms that can transact cryptocurrencies before circumstances change
- Xalles Holdings is a solutions builder in helping large business and government entities with e-commerce, payments and financial reconciliation issues, which includes responsiveness to market movements
- On the heels of five consecutive revenue-building quarters, the company remains bullish on crypto and is anticipating the delivery of its new X2X software platform for reconciling financial transactions in business and government payment applications
The prediction by some traders that cryptocurrencies have entered a bearish market despite a rapid upward move last month (http://ibn.fm/PBePz) showcases the ongoing volatility of altcoin backers. While divergent financial strategies drive some forward-thinking investors to prefer fiat-partnered digital trading options, the currency independence of vehicles such as Bitcoin remain popular with their enthusiasts amid a number of international events highlighting the coins’ potential and pointing to the stability of the coins’ early adopters (http://ibn.fm/MQeEC).
Xalles Holdings Inc. (OTC: XALL) is a fintech holding company dedicated to offering a Cryptocurrency Trading Engine through a revenue-sharing agreement between one of its subsidiaries and automated cryptocurrency trader All The Numbers Trading Company, LLC (d/b/a ATN Trading). The trading engine enables quick and efficient cryptocurrency transactions — a necessity given the continual, relatively high level of volatility in the cryptocurrency markets (http://ibn.fm/tqNzr).
Bitcoin’s potential for growth remains entrenched as market watchers search for signs that fears of a pending recession are beginning to fade amid upbeat trade news between the United States and China. That could renew investors’ willingness to embrace risks, and boost Bitcoin’s fortunes on the stock market’s coattails (http://ibn.fm/pQNyo).
The cryptocurrency macro trend driving alt coin adoption remains a generational awareness of the benefits stemming from mobile payment platforms, the pitfalls of global debt imbalances and the sometimes poor performance of other asset classes (http://ibn.fm/p4EfW).
Business Insider Intelligence predicts the growing popularity of mobile payment systems and the dwindling dependence on cash currencies will push non-cash transactions over the one trillion mark by 2023 (http://ibn.fm/h7ARy).
More than a mere cryptocurrency adopter and fintech accelerator, however, Xalles offers investment management, a proprietary software platform for financial transaction reconciliation and post-payment audits, and non-profit fundraising platforms in addition to the company’s payment management operations.
“The structure and growth plan for the company contains a balance of diversity and synergy so that we can effectively use limited resources to obtain the best results,” Xalles Holdings CEO Thomas Nash stated in announcing the company’s most recent quarterly financial filing (http://ibn.fm/6AkEY).
The filing established the company’s fifth consecutive revenue-producing quarter and expectations for growth with a proprietary X2X software system for reconciling financial transactions in business and government payment applications that will also have functionality in post-payment auditing. The new version of that system will be deployed during the coming year.
At its heart, Xalles is about providing payment solutions to consumers while helping large businesses and governmental entities with their complex payment management needs by the development of solutions adapted to the clients’ circumstances. Those solutions not only shore up electronic payment systems; they undergird customer retention and new customer procurement.
For more information, visit the company’s website at www.Xalles.com
NOTE TO INVESTORS: The latest news and updates relating to XALL are available in the company’s newsroom at http://ibn.fm/XALL