Robinhood finished 2024 on a high note, thanks to its $1 billion growth in the fourth quarter, which exceeded analysts’ estimates. The company’s fourth-quarter revenue hit $1.01 billion, beating analysts’ estimates of $940.8 million. Also, Robinhood’s crypto trading volume surged by 700%, banking $358 million. Related Reading: Bitcoin In: Japanese Gaming Powerhouse Gumi Snaps Up […]

Several banking giants met with senators at Capitol Hill yesterday to discuss de-banking and shed light on how crypto and top meme coins bear the brunt.  The meeting was a long time coming. Bigwigs from JPMorgan, Bank of America, Capital One, Wells Fargo, U.S. Bank, PNC, and Truist discussed the issue of firms abruptly being […]

Data shows the Bitcoin trader sentiment has hit a net neutral level as the consolidation in the cryptocurrency’s price has continued. Bitcoin Fear & Greed Index Is Currently Exactly In The Balance The “Fear & Greed Index” refers to an indicator created by Alternative that keeps track of the average sentiment present among the traders […]

These days, crypto is getting its ego stroked and its future prospects hailed as the second coming of the Messiah. The latest worshiper is Coinbase CEO Brian Armstrong, who predicts that 10% of all global GDP will be in crypto by 2030. This bullish prediction comes as Coinbase posted a rather whopping 130% revenue growth. […]

Your day-ahead look for Feb. 14, 2025

Six men are accused of kidnapping three family members and their nanny from a Chicago townhouse in October 2024 in exchange for a crypto-ransom. Before being freed next to a dry cleaners, the victims were allegedly kept for five days and forced into handing over almost $15 million in Bitcoin (BTC) holdings. Crypto Kidnapping Case […]

While implementing a strategic Bitcoin reserve on a federal level isn’t easy, 20 US states have proposed their own Bitcoin bills. This includes Oklahoma, Massachusetts, Ohio, Texas, and Illinois. North Carolina plans to allocate the largest sum to $BTC purchases, over $2.6B. If passed, these 20 US states would collectively buy roughly 247,000 $BTC, worth […]