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Robinhood's Q2 Earnings Show 18% Decline in Crypto Trading Revenue

4.8.2023
In its Q2 2023 earnings report, Robinhood (HOOD), the online trading platform known for its crypto-friendly approach, revealed crypto trading revenue of $31 million, representing an 18% decrease from the previous quarter's $38 million. Despite this decline, Robinhood achieved profitability...

Unlock the Power of AI and Trading Edge with Launchpad XYZ – The Gateway to Successful Web3 Trading

4.8.2023
Trading in the crypto space is challenging, especially for novices. It's not just about understanding market trends and knowing when to make a trade, but also about managing one's emotions. An emotionally charged decision can lead to massive losses or missed opportunities. ... Read More: Unlock...

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls

4.8.2023
Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around...

First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume

4.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%

4.8.2023
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%

Revolut to suspend cryptocurrency services in US

4.8.2023
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said

Dogecoin Price Prediction as Rumors Emerge of Elon's X Platform Adding Trading Features – Will DOGE Be Included?

4.8.2023
The Dogecoin price has risen by 1% in the past 24 hours, rising to $0.074070 amid reports that Twitter (now 'X') is working on the addition of trading features to its platform. As bullish as this news may have been for DOGE's price, Elon Musk himself has quickly moved to deny such reporting, with...

Crypto Options Volume on CME Rose to Nearly $1B in July: CCData

4.8.2023
The increase in BTC options volume on the CME suggests that institutions might be hedging their positions

Nearly half of crypto copy traders are Gen Z, says Bitget report

4.8.2023
Younger investors are more likely to take part in copy trading or social trading and take advice from social media influencers, according to the crypto exchange

Coinbase Looking to Add Lightning Network Support

4.8.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....

Social Media Bots Played Crucial Role in Inflating Value of FTX-Listed Crypto Assets, Report Finds

4.8.2023
New analysis from the Network Contagion Research Institute (NCRI) reveals that bots on the social media platform X (formerly Twitter) likely played a major role in amplifying the value of cryptocurrencies tied to the now-defunct FTX exchange and its sister firm Alameda Research. Social Media Bots...

This New AI Crypto Trading Signals Platform Just Raised $3.3 Million – Here's What You Need to Know

3.8.2023
With unpredictable fluctuations in financial markets, and especially in the crypto market, making informed trading decisions is an uphill battle. But there's a new player in the arena to help: yPredict. The upcoming artificial intelligence (AI) trading platform uses advanced predictive models...

FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy

3.8.2023
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...

China Emerges as Binance's Key Market Despite Cryptocurrency Trading Ban

3.8.2023
China has emerged as the biggest market for major crypto exchange Binance, despite a ban on crypto trading in the country. According to a Wall Street Journal report from Wednesday, Binance users located in China traded crypto worth as much as $90 billion in a single month this year, accounting...

Evil Pepe Meme Coin Pumps 2x at Launch as Trading Volume Swells to $1.6m in Minutes – Is This the Next Pepe, 100x Gains Coming?

3.8.2023
Evil Pepe coin jas just listed on Uniswap and pumped 2x in minutes, giving early investors a 100% profit. The original Pepe coin made a 73,500% gain from its listing price on Uniswap to its all-time high, which it registered on May 5, and Evil Ppep could do the same. Those still holding the Pepe...