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 ...)
CoinList notches a $1.5 billion valuation as the trading app rides a wave of crypto enthusiasm
The company said it focused on finding investors in Asia, Europe, and the Middle East where it's growing fastest. ( read original story ...)
Sipher Raises $6.8 Million From Top VCs To Develop Blockbuster Crypto Game
Sipher, led by renowned Vietnamese entrepreneur Nguyen Trung Tin, is developing a blockbuster crypto game called “World of Sipheria.” ... ( read original story ...)
Rand Paul: Crypto could become world’s reserve currency if government trust falls
The Republican senator from Kentucky cited a lack of trust in government as the reason more people may turn to cryptocurrencies. ( read original story ...)
UBS is making huge profits off billionaires—but it won’t touch crypto
CEO Ralph Hamers argues the markets do not truly comprehend what drives the price of digital tokens, and that's enough to stay clear. ( read original story ...)