Robinhood Markets NASDAQ:HOOD, a trading platform offering stocks, options, cryptocurrencies and event contracts, could be approaching a major change in its revenue mix as prediction markets gain traction. Bernstein analyst Gautam Chhugani expects prediction-market revenue to surpass cryptocurrency…
Shares of crypto-linked companies traded lower in pre-market trade on Wednesday, tracking a broader sell-off in U.S. equities after oil prices climbed to a five-week high, with Brent crude pushing past $95 a barrel, amid the ongoing conflict between the U.S. and Iran.Robinhood (HOOD), Coinbase (COI…
COIN jumped about 10–11% morning after reports an ethics clause in the CLARITY bill advanced and Senate support moved closer; move tracked a Bitcoin and crypto-equities rise before
It’s the biggest bill for America’s crypto industry. And it’s gonna be a big breakthrough if it passes.🚀 Crypto's Big Week Arrives⚖️ Who's Actually in Charge?🏛️ The Clock Is Ticking
Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI trade as a potential catalyst for capital rotating back into digital assets.Bitcoin (BTC) briefl…
Shares of Coinbase (COIN) jumped in morning trade on Tuesday after U.S. Treasury Secretary Scott Bessent said in an interview that the Digital Asset Market Clarity Act (CLARITY) is on the ‘one-yard line’ for passage in the Senate.COIN’s stock rocketed over 11% in morning trade and was among the top…
Coinbase posted a concise post-mortem on Tuesday explaining the cause behind an approximately 50-minute, platform-wide outage that occurred last week.The disruption, running from 12:37 PM ET to about 1:25 PM ET on July 14, knocked out retail and institutional trading, deposits and withdrawals, Coin…
Wall Street veteran Jordi Visser said he was focused squarely on the intersection of AI and crypto, two technologies he believes most investors, technologists, and commentators still wrongly treat as separate stories.The defining role of crypto in the years ahead will be as the financial infrastruc…
As lawmakers in the US Senate are likely to vote soon on the Digital Asset Market Clarity (CLARITY) Act, representatives from advocacy organizations and companies are providing details of closed-door negotiations over the bill, which is expected to be the most comprehensive piece of legislation aff…
Mizuho Securities USA analyst Dan Dolev has warned that Circle Internet Group NYSE:CRCL, the public company behind the USDC stablecoin, could face further pressure as competition across the stablecoin market continues to increase. Circle's shares have already fallen by more than 75% from the highs…
Bitmine owns 4.8% of the total ETH coin supply of 120.7 millionBitmine is 96% of the way to the 'Alchemy of 5%' in just 12 monthsBitmine repurchased 5.5 million common stock in the past week, authorized under the previously announced $4 billion share repurchase programBitmine was added to the Russe…
Circle Internet (CRCL) shares dropped in midday trade on Thursday after Visa (V) announced its new stablecoin platform built around Open USD, the rival stablecoin that has been pressuring Circle's core USDC (USDC.X) business since its late-June launch.CRCL’s stock slipped over 5% in midday trade, w…
Base creator Jesse Pollak says he is stepping back from leading the Base App after admitting he made a “wrong bet” on social, leaving the chain to fall behind on prediction markets and perpetual futures.In a post to X on Wednesday, Pollak said he had bet that creator, content and messaging apps wou…
JPMorgan Chase & Co. NYSE:JPM, a major banking group, has lowered its estimates for Circle Internet Group Inc. NYSE:CRCL, the company behind the USDC stablecoin, and Coinbase Global Inc. NASDAQ:COIN, a cryptocurrency exchange, as changing distribution economics appear likely to pressure both compan…
William Blair lowered its revenue and earnings forecasts for Coinbase on Wednesday, citing weaker-than-expected crypto trading activity. Despite this, it reiterated an Outperform rating and argued that the crypto bear market is nearing a bottom as bitcoin prices stabilize and new revenue streams st…
JPMorgan Chase & Co., the largest bank in the world by market capitalization, has sounded the alarm about Coinbase and Circle’s USDC-based revenue in their partnership with Hyperliquid.USDC alliance expected to slash Coinbase and Circle earningsAccording to the bank’s July 2026 report, the partners…
Blockchain wallets linked to the U.S. government transferred more than $288 million worth of bitcoin (BTC) and ether (ETH) to Coinbase Prime on Monday.According to data from onchain analytics platform Arkham Intelligence, the wallets moved roughly 3,800.5 BTC and 30,007 ETH across multiple transact…
The US government sent $297 million in Bitcoin BITSTAMP:BTCUSD and Ether BITSTAMP:ETHUSD to Coinbase Prime in two transfers on Monday. Blockchain intelligence firm Arkham tracked an initial $8.8 million deposit, then a second $288.33 million deposit three hours later.The larger transfer combines fo…
Coinbase CEO Brian Armstrong has called time on Base’s content coin era, telling critics the experiments did not work and that the network pivoted away from them earlier this year.Base, the Ethereum layer-2 network Coinbase launched in 2023, spent much of the past year chasing onchain trends. The b…
Cathie Wood's ARK Invest increased positions in several technology, healthcare and digital asset companies during the week ended July 10, while reducing holdings in select semiconductor and genomics names.Space Exploration Technologies NASDAQ:SPCX represented the firm's largest purchase by value, w…
