In a significant move within the crypto market, data from LookIntoChain reveals that a notable whale has deposited an additional 20,000 ETH, valued at approximately $52.84 million, into the Kraken exchange just moments ago. This latest transaction elevates the whale’s total holdings to 50,874 ETH, translating to a staggering $134.8 million. Such large-scale transactions highlight … Read more
Retail brokerage platform Robinhood has disclosed that it is using stablecoins for its weekend settlements, noting that this is just one of the benefits of stablecoins. The CEO, Vlad Tenev, disclosed this during its latest earnings call for Q4 of 2024. According to Tenev, Robinhood is already enjoying the benefits of stablecoin technology for its … Read more
Cryptocurrency futures and derivatives exchange BloFin is known for hosting some of the best crypto trading competitions to grow and engage its community. Just recently, the platform rolled out another major trading contest called Ace of Trades. The new BloFin trading competition features one of the largest prize funds ever, with $5.6 million worth of … Read more
Robinhood posted record-breaking Q4 revenue of $1.01 billion, driven by a 500% surge in cryptocurrency transaction fees. Crypto trading revenue hit $358 million, marking the company’s strongest quarter yet in digital assets. Crypto Trading Drives New Revenue Record for Robinhood Robinhood has reported a record-breaking fourth quarter, with total revenue reaching $1.01 billion, up 37% … Read more
Former CFTC Commissioner Brian Quintenz will return in the top spot after a stint at a16z, paving the way for crypto-friendly regulation.
The January US CPI data is in, and it’s not what the market anticipated. Consumer prices surged by 0.5% in the first month of 2025, exceeding the expected 0.3% increase. On a year-over-year basis, CPI rose 3%, slightly above the forecasted 2.9% and higher than December’s 2.9% reading. The unexpected uptick signals persistent inflationary pressures, … Read more
Tether slammed JPMorgan analysts for speculation that the issuer may need to sell its Bitcoin holdings to comply with newly proposed US stablecoin bills.
The SEC took important steps for the cryptocurrency industry by approving Ethereum ETFs after Bitcoin in 2024. However, it did not allow the staking feature to be included when approving ETH ETFs. While this situation has been frequently criticized, expectations that the new SEC administration will be more moderate have led to activity in ETH … Read more
During the 18th and 19th centuries, trade tariffs funded up to 90% of the United States federal government’s annual budget.
Solaxy, a new Layer-2 scaling solution for Solana, just hit a huge milestone – its presale has passed $20 million in funding. This early interest, combined with bullish analyst predictions, is generating massive excitement around SOLX’s price potential. Solaxy Presale Heats Up as Analysts Predict Explosive Growth The excitement around Solaxy is backed by serious … Read more