Robinhood (HOOD) topped tempered analyst estimates in the first quarter of 2025, reporting adjusted earnings per share of $0.37 against forecasts for $0.33. The popular trading platform reported $927 million in total revenue, down from $1 billion in the fourth-quarter, but beating Street expectations of $920.1 million. Crypto-related revenue was $252 million, up 100% from…
There was a bit of volatility in crypto on Wednesday, but most of the market continued the weeks’ trend of trading in a very tight range. Shortly after the close of the U.S. stock market, bitcoin (BTC) was changing hands at $94,700, down just 0.4% over the past 24 hours. BTC was lower by nearly…
Key takeaways: Bitcoin’s price increased by sixfold each time its age increased by 40%. If the pattern holds, Bitcoin could rally to $351,046 in 2025. New data highlights a historical pattern that results in Bitcoin (BTC) price increasing by sixfold. Using a logarithmic chart to illustrate the trend from 2011, the model projects BTC price…
The listing, which will tentatively go live on May 16, could increase Galaxy Digital’s access to capital from U.S. investors. The listing, which will tentatively go live on May 16, could increase Galaxy Digital’s access to capital from U.S. investors. Business Decrypt
Tether plans to launch a stablecoin product in the United States as soon as this year, the stablecoin issuer’s CEO, Paul Ardoino, said in an April 30 CNBC interview. Tether’s flagship stablecoin, USDT (USDT), is already the US dollar’s top “exporter,” Ardoino told CNBC. It has a market capitalization of nearly $150 billion, according to…
The recent stagnation in XRP’s spot price may owe less to waning market interest than to a surge in off-exchange trading, according to crypto pundit and Digital Ascension Group managing director Jake Claver. In a 23-post thread published on X, the commentator argued that “dark pools are an invisible force … holding prices stable,” even…
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has announced plans to introduce a native utility token and digital wallet. The move is aimed at supporting its monetization strategy across its growing media and financial ecosystem. Truth Token and Investment Platform The announcement was made in a shareholder letter ahead of…
The issuer of not just the XRP token, but stablecoin RLUSD, Ripple has made and was rejected in a buyout attempt of Circle, the issuer of the USDC stablecoin, according to Bloomberg. Sources told Bloomberg that Ripple remains interested in Circle, but hasn’t decided on whether to make another offer. Ripple’s recently launched RLUSD stablecoin…
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisors and Hidden Middlemen Ethereum Could Supercharge Transaction Speed to 2,000 TPS Thanks to Bold New Proposal Bitcoin…
Cryptocurrency debit card firm Baanx has partnered with Visa to launch stablecoin payment cards tied to self-custodial wallets, starting in the U.S. with Circle’s USDC dollar pegged token, the companies said. The Visa cards enable holders to spend USDC directly from their crypto wallets, using smart contracts to move a stablecoin balance upon card authorization…
