Robinhood Markets’ crypto revenue jumped over 300% in Q3, helping to double its revenue from last year to surpass analyst expectations. Trading platform Robinhood Markets saw its third-quarter crypto revenue surge 300% from a year ago, helping to boost its quarterly earnings above Wall Street expectations. Robinhood announced on Wednesday that its Q3 transaction-based revenues increased 129%…
Read more
An explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192. The Ethereum ecosystem has just posted a new record high in transactions per second, with high-speed Ethereum layer 2 Lighter now being factored into the count. Data from Growthepie shows…
Read more
Aster pumped after Binance co-founder Changpeng Zhao shared a screenshot showing that he holds over 2 million Aster tokens. The native token for the decentralized exchange protocol Aster spiked over 30% on Sunday after Binance co-founder Changpeng “CZ” Zhao disclosed that he now holds over $2.5 million in Aster. CZ shared his wallet holdings in an…
Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Aster surged 30% after Binance co-founder revealed on X that he had bought around $2.5 million of the token using his personal funds. Coinbase…
Read more
Changpeng Zhao’s lawyer, Teresa Goody Guillén, reportedly threatened to sue Warren for “defamatory statements” on X after CZ secured a pardon from Trump. A lawyer for US Senator Elizabeth Warren has hit back at allegations that she defamed Binance founder Changpeng Zhao in a social media post following US President Donald Trump’s pardon of him.…
Read more
Positive regulatory developments in the US over the last 12 months are a good sign for the digital asset industry and markets, the Strategy co-founder said. Michael Saylor, the co-founder of Strategy, the biggest Bitcoin treasury company by holdings, forecast that Bitcoin would hit $150,000 by the end of 2025. “I think that these 12 months…
Read more
Skipping cryp to taxes can trigger hefty fines and legal issues. Find out what really happens if you fail to report or pay taxes on your holdings. Key takeaways Tax authorities like the IRS, HMRC and ATO classify crypto as a capital asset, meaning that sales, trades and even swaps are considered taxable events. Tax…
Read more
Bitcoin’s diminishing returns and growing inaccessibility for average retail investors are threatening the predicted extension of the crypto market cycle, according to 10x Research. Bitcoin is becoming increasingly unattainable for average investors, raising questions about whether the current bull market can sustain its momentum beyond the traditional four-year cycle. Crypto market intelligence company 10x Research…
Read more
XRP eyes a breakout toward $3–$3.45 as strong technical support and Ripple’s expanding institutional push fuel renewed bullish momentum. Key Takeaways: Ripple’s CEO said XRP “sits at the center of everything” as Ripple Prime launched. XRP price looks to break resistance at $3 amid bullish technical momentum. XRP flashes signs of a potential 35% breakout as…
Read more
Bitcoin may still be on track to $200,000 before the end of the year despite the recent market crash, but a lack of ETF buying continues to limit upside potential. Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash. In a silver lining to…
Read more
