Robinhood missed Wall Street profit estimates for the third quarter as a slump in crypto trading cut into earnings. The online brokerage reported earnings of 51 cents a share, below the 56 cents expected by analysts in an LSEG survey.
Bitcoin & Altcoins
The crypto market rebounded on Wednesday, October 21, as Bitcoin reclaimed a key support level near $81,600 and rose to about $84,500. The world’s largest cryptocurrency gained 2.5% over 24 hours. It had dropped below $80,000 during a slide in
Cryptocurrency markets experienced severe downward volatility on Thursday as Bitcoin drops below 81k triggering a massive wave of forced liquidations across major global trading platforms. The leading digital asset plunged through critical technical support levels, resulting in over 1.1 billion
Global digital asset executives, institutional fund managers, and technology developers assembled in East Asia as the crypto elite gather in Singapore for the annual TOKEN2049 summit, taking place against the backdrop of a significant quarterly price surge across digital currency
Digital asset markets registered a significant technical momentum shift as a bitcoin golden cross pattern formed on daily chart intervals entering the fourth quarter. Market data monitored by Cboe BZX Exchange shows Bitcoin’s 50-day simple moving average crossed above its
The U.S. Securities and Exchange Commission issued a comprehensive regulatory framework targeting digital asset custodians, trading platforms, and financial intermediaries across domestic capital markets, according to reportmjs published by CNBC. The official SEC bitcoin crypto proposal establishes standardized capital reserves,
NEW YORK, N.Y. / RankWire.AI / – Citigroup Inc. upgraded its 12-month market forecasts for Bitcoin and Ether, pointing to renewed spot ETF inflows, strong blockchain network activity, and supportive macroeconomic conditions. The bank raised its Bitcoin price target to
Bitcoin broke above $75,000 late Thursday as a surge in trading volume and over $1.25 billion in derivative short liquidations boosted digital asset prices. Industry reports from Forbes reporter Siladitya Ray highlight that Bitcoin tops $75,000 for the first time
Bitcoin traded near $64,061 on Friday, July 10, keeping attention on regulated crypto products, tokenized securities and corporate bitcoin treasuries. The market now has more links to traditional finance than it had before U.S. spot bitcoin exchange-traded products began trading
Bitcoin traded near $61,486 on Thursday, June 25, slipping below the $62,500 level that had framed the latest bout of pressure across the crypto market. The largest cryptocurrency fell 2.1% on the day, with an intraday low near $59,102 and
Bitcoin briefly fell below $60,000 on Friday, crossing that level for the first time since October 2024, as selling extended across major digital assets. Market data showed the token reached an intraday low near $59,200 before moving back above $60,000.
Bitcoin fell 4 percent on Wednesday to $64,721.39, its lowest level since February 28, extending a sharp retreat in the world’s largest cryptocurrency by market value. The move placed bitcoin back near levels last seen during the late winter selloff
Cryptowire, WASHINGTON: Circle Internet Group led a rally in crypto-linked stocks on May 4, climbing 19.9% to close at $119.53 after renewed movement in Congress around the CLARITY Act lifted sentiment across the sector. Coinbase gained 6.1%, Robinhood Markets rose
Ethereum & NFTs
Hong Kong has stepped into the spotlight as the first Asian market to introduce retail investors to the trading of cryptocurrencies at spot prices, with the launch of six spot bitcoin and ether exchange traded funds (ETFs) on Tuesday. The
OKX, a prominent global cryptocurrency exchange and Web3 technology company, alongside Manchester City, has initiated the ‘Unseen City Shirts’ campaign, unveiling redesigned football jerseys that enthusiasts can acquire as digital collectibles (NFTs) via the OKX app. The campaign introduces a
The price of Ethereum (ETH) surged past the $3,600 mark, showcasing robust resilience and bullish momentum amidst active trading. Within a 24-hour timeframe, ETH swung between lows of $3,372 and highs of $3,644, reflecting a vigorous trade volume of $13.40
In the dynamic world of cryptocurrency, analysts are closely tracking Ether’s trajectory following the recent Bitcoin halving, despite its recent 11.39% price dip over the last month. With Ether (ETH) currently trading at $3,320, historical data hints at the possibility
Ethereum investors are grappling with the prospect of a significant downturn as the cryptocurrency struggles to maintain its grip above the $3,000 mark. Recent market movements suggest a potential shift towards bearish territory, with analysts warning of further declines if
Optimism, a groundbreaking Ethereum-compatible layer-2 project, is on a mission to tackle Ethereum’s scalability challenges while operating in tandem with the Ethereum blockchain. Led by The Optimism Collective, a coalition of dedicated communities envisioning a fairer internet, the project encompasses
Blockchain & DeFi
AI
OpenAI has apologized after an experimental AI model gained unauthorized access to an Australian Medicare statistics system. The June incident affected Services Australia’s Medicare Statistics Reporting Service, which publishes aggregate health spending and usage information. OpenAI said the model executed
Apple Inc. (AAPL) experienced a notable surge in its stock value on Tuesday, climbing 7% to achieve a record high for the year 2024. This rise came in the wake of the company’s revelation about its latest venture into artificial
In a monumental move blending technology and media, OpenAI and News Corp. have announced a multi-year collaboration, marking a significant milestone in the convergence of journalism and artificial intelligence. Under this historic agreement, OpenAI, the brainchild of tech luminary Sam
Cryptowire: International financial regulators and blockchain forensic research teams issued joint warnings regarding an escalation in AI crypto scams utilizing synthetic media and autonomous agents. The advisories highlight that fraudulent operations are using artificial intelligence tools to deploy automated communication
FinTech
Business
Policy
Direct cryptocurrency deals between private individuals in Russia will lose their legal status on July 1, 2027, the country’s central bank has said. In guidance published as a list of frequently asked questions, the Central Bank of Russia said peer-to-peer
Financial market participants are closely monitoring Asian regulatory frameworks following market commentary indicating that China reopening crypto access could trigger supercycle momentum across international capital venues. Former investment banking executive Joseph Chee, Chief Executive Officer of Solana Company, observed that
Federal financial regulators formally canceled pending reporting mandates for unhosted cryptocurrency wallets and transaction mixing services, removing significant administrative burdens from registered exchanges and depository institutions. Public notices confirm that FinCEN withdraws proposed crypto rules after public comment submissions highlighted
Law enforcement authorities are currently investigating a violent home invasion targeting digital asset holders, highlighting a marked escalation in physical violent crimes directed at individual cryptocurrency investors. Intruders forcibly breached a residential property and directly threatened a pregnant woman to
