Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off. And Robinhood said barring any change in the market environment, the headwinds that ... ( read original story ...)
Crypto trading volume decreased in Q3, and that had a big effect on HOOD Revenue, says Lightspeed’s Bent
Mercedes Bent, Lightspeed venture partners, and Steven Chubak of Wolfe Research, join 'Closing Bell' to discuss Robinhood shares after the company reported slowing user growth. ( read original story ...)
Ant Group may execute around 50% of Rs 10,000 crore OFS in Paytm IPO
China's Ant Group, the largest shareholder in Paytm, is expected to execute nearly 50% of the secondary share sale through the offer for sale in the upcoming initial public offeri ... ( read original story ...)
Poll Finds LDP Likely to Keep Majority: Japan Election
Japanese Prime Minister Fumio Kishida’s ruling Liberal Democratic Party is likely to keep substantially more than half the seats in parliament in this weekend’s general election, according to a media ... ( read original story ...)
Robinhood Revenue Misses Estimates as Crypto Trading Craters
Robinhood Markets Inc. reported third-quarter revenue that fell short of Wall Street estimates as cryptocurrency transactions tumbled from the preceding period. ( read original story ...)
Robinhood quarterly revenue jumps on crypto boost
Transaction-based revenue from cryptocurrencies surged 860% to $51 million in the quarter, even though activity eased from record highs in the previous quarter, Robinhood said. Revenue from equities ... ( read original story ...)
FDIC Is Preparing Guidance on Banks and Crypto
The agency has been working with the Federal Reserve and the Office of the Comptroller of the Currency to coordinate policies for how and under what circumstances banks can engage in activities ... ( read original story ...)
Robinhood Revenue Falls on a Drop in Crypto Trading
Fees tied to stock and options trades ticked down slightly at the popular app, while revenue tied to cryptocurrency trading tumbled 78% to $51 million. ( read original story ...)
Shiba Inu is the third most googled crypto in 2021, new study shows
Shiba Inu receives 2.8 million searches on average per month so far in 2021, according to a recent study by Bacancy Technology. That is a fraction of the ... ( read original story ...)
FDIC Chair: ‘Goal to Provide a Path for Banks to Custody Crypto’
The FDIC Chair revealed that an interagency team wants to integrate crypto into traditional banking and regulate it. ( read original story ...)
Where’s crypto headed after bitcoin’s recent rally above $60,000? MarketWatch gathers pros to discuss the outlook. Sign up!
The age of crypto is upon us and it isn't just in the resurgence of bitcoin's price back above $60,000 after a protracted period of listlessness. ( read original story ...)
U.S. regulators exploring how banks could hold crypto assets – FDIC chairman
A top U.S. bank regulator said U.S. officials are looking to provide a clearer path for banks and their clients that are looking to hold cryptocurrencies, in order to keep control over the ... ( read original story ...)
SIGN UP FOR OUR EVENT ON NOVEMBER 17: The future of crypto and its path to mass adoption
Join us live on November 17 for a webinar on the investing opportunities and challenges that arise as bitcoin and altcoins become more mainstream. ( read original story ...)
A crypto developer is ignoring SEC subpoenas and suing the agency instead, saying it set out to embarrass him at an industry events
A South Korean crypto developer says the SEC violated its own rules when it publicly handed him two subpoenas. ( read original story ...)
Stablecoins: What to know about the digital coins designed to ease volatility in crypto investing
Stablecoins are cryptocurrency coins that are pegged to a less volatile asset, such as the US dollar, and backed by reserves. ( read original story ...)
CoinList Hits $1.5 Billion Valuation as Crypto Trading Surges
CoinList, a platform for new crypto offerings, has reached a valuation of $1.5 billion after a $100 million fundraising effort. ( read original story ...)