TLDR: Robinhood reported 165% growth in crypto revenue to $61 million in the third quarter Total revenue increased 36% year-over-year to $637 million Assets under custody increased 76% to $152.2 billion The company’s shares fell 11% despite strong crypto performance…
TLDR Backpack Exchange, founded by former FTX/Alameda employees, acquired FTX EU for $32.7M The acquisition includes a commitment to distribute funds owed to FTX EU customers Backpack plans to launch in the first quarter of 2025 as the only regulated…
TLDR ADA price down 8.82% to $0.9914 in 24 hours Valar bought 10 million ADA tokens during the dip Cardano saw a 300% increase by the end of 2024 Grayscale has $11 million worth of ADA Stock to flow ratio…
TLDR Ethereum is trading within an ascending channel, showing potential for a significant upward move in 2025 Analyst Carl Runefelt predicts a possible pullback to $3,500 ahead of the next big rally ETH recently broke above the 4-hour 200 moving…
Key takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders expect a quarter-point cut in the federal funds rate at the upcoming Federal Reserve meeting. Fresh November CPI data on Wednesday…
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It’s hard to believe that Bitcoin Day was only a year ago. We will return to El Salvador in anticipation of the celebration of that faithful day, you will find that the country is booming with activity. This news collection…
Bitcoin and Ethereum ETFs saw $1.1 billion in combined inflows on Monday, establishing positive momentum after the spot funds started the year with a $320 million hiccup. With a two-day streak of positive inflows, spot Bitcoin and Ethereum ETFs have…
TLDR Robert Kiyosaki, author of “Rich Dad Poor Dad”, has bought additional Bitcoin after it reached $100,000, expressing confidence in potential growth to $175,000 – $350,000 by 2025 His investment strategy includes diversification across Bitcoin, silver and gold, citing concerns…
TLDR Czech National Bank Governor Aleš Michl discusses Bitcoin as a potential reserve asset CNB currently holds 50 tons of gold, plans to increase to 100 tons in 3.5 years The governor personally thought of buying “some bitcoin”. Final decisions…
