Cryptocurrency spot trading cooled last month for the first time in seven months. It was a trend driven by a dwindling likelihood of interest rate cuts and slower inflows into U.S.-listed spot bitcoin exchange-traded funds (ETFs), Seeking Alpha reported Saturday (May 18), citing numbers from researcher CCData. According...
Online brokerage Robinhood Markets has reported first-quarter profits that exceeded expectations, driven by strong crypto trading volumes and increased net interest revenue. Robinhood’s profit for the first quarter stood at $157 million or 18 cents per share, surpassing expectations of 6 cents per share, Reuters reported Wednesday (May 8), citing...
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy on and off ramping, and low fees, according to a Tuesday blog post from the...
Omnichain cryptocurrency wallet Reunit Wallet has debuted a volume-based reward program. The program, announced Monday (Feb. 5), is designed to stimulate trading activity on its platform and attract new users. “Starting now, for every $100 in generated volume, users will receive 1 REUNI,” the company said in a news...
August 04, 2023
Expectations weren’t very high for Coinbase Global this most recent quarter. The company continues to face very significant risks on the regulatory front within the U.S., and remains entangled in a nasty case with the Securities and Exchange Commission (SEC). Still, the crypto exchange’s stock has jumped almost 80% since mid-June, lifted by a partial court win by Ripple against […]
June 26, 2023
If your friends all jumped off a bridge, would you join them? This classic parental comeback could be due for a 21st-century update along the lines of, “if everyone told...
June 12, 2023
Crypto’s reputation as a lawless, “Wild West,” was touted by enthusiasts as a positive. Now, as the U.S. Securities and Exchange Commission (SEC) and its head Gary Gensler aim for...
October 25, 2022
Mastercard moved into the business of providing the backend tools and support to let financial institutions offer retail customers white-label cryptocurrency trading and custody services earlier this month, it did...
May 30, 2024
Digital assets have experienced a significant year, with the market moving toward mainstream adoption. This shift has resulted in a decrease in price volatility, which had been a key attraction for many investors, Bloomberg reported Thursday (May 30). As a result, the largest U.S. crypto exchange, Coinbase, has experienced a decline in consumer trading volume and a […]
May 19, 2024
Cryptocurrency spot trading cooled last month for the first time in seven months. It was a trend driven by a dwindling likelihood of interest rate cuts and slower inflows into...
May 08, 2024
Online brokerage Robinhood Markets has reported first-quarter profits that exceeded expectations, driven by strong crypto trading volumes and increased net interest revenue. Robinhood’s profit for the first quarter stood at $157 million or 18...
May 07, 2024
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy...
