Author: Crypto Editor
Robinhood’s first-quarter outcomes marked a revival in retail crypto buying and selling, with the platform’s crypto income doubling year-over-year to $252 million.This surge contributed to a 77% improve in transaction-based income, underlining the rising function of particular person merchants available in the market’s newest chapter. Retail-driven exercise powered Robinhood to its strongest quarter as mainstream buyers reengaged amid volatility.Nonetheless, world curiosity in Bitcoin might not mimic information seen in Robinhood’s information. Searches for Bitcoin on Google Tendencies are close to five-year lows, with the highest international locations being El Salvador, Nigeria, and the Netherlands. America is means down the checklist…
Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure Eric Trump, Govt Vice President of the Trump Group, issued a robust message to conventional monetary establishments throughout a latest interview with CNBC: adapt to the evolving crypto financial system or danger changing into extinct. Talking from Dubai, the place he has been energetic with actual property developments and observing the area’s rising curiosity in cryptocurrency, Eric expressed skepticism concerning the legacy monetary system’s capacity to remain related within the face of speedy blockchain innovation. Describing present banking infrastructure as outdated, Eric Trump criticized conventional programs…
North Carolina’s Home of Representatives handed a invoice that might authorize the state to spend money on digital property, a part of a push amongst states to undertake crypto.The measure now strikes to the Senate for additional debate.Dubbed the “Digital Belongings Funding Act,” HB92 was launched on February 10 and handed its third studying within the Home on Wednesday.Primarily sponsored by Republican Home Speaker Destin Corridor, the invoice will enable the State Treasurer to spend money on certified digital property and contemplate incorporating them into state worker retirement plans.It instructs the Treasurer’s workplace to discover appropriate funding automobiles, suggest contribution…
Fragmentation and sophisticated consumer expertise stay two of essentially the most vital obstacles to cryptocurrency’s mainstream adoption, based on a brand new trade report. Most customers now use no less than two wallets to handle their cryptocurrency investments.The lack of interoperability throughout blockchains means customers must create a number of wallets to work together with totally different networks, with customers having no less than two wallets rising by 16% over the previous 12 months. In accordance with a analysis report revealed by onchain consumer expertise platform Reown and crypto intelligence agency Nansen, 62% of crypto customers reported utilizing no less than two wallets over…
A Private JourneyPicture by Mariia Shalabaieva on UnsplashWithin the ever-evolving world of cryptocurrency, few experiences are as harrowing as discovering that an change you trusted has vanished in a single day. As a passionate crypto fanatic, I discovered this lesson the onerous method, and my journey is a cautionary story for anybody navigating the digital asset panorama.My Introduction to Crypto ExchangesLike many, my preliminary foray into cryptocurrency started with pleasure and curiosity. I opened accounts on a number of exchanges, keen to purchase and commerce Bitcoin, Ethereum, and different altcoins. I felt invincible, buying and selling from my smartphone, satisfied…
Prime cryptocurrency analyst Ali Martinez experiences that miners have just lately taken benefit of Bitcoin’s spectacular value beneficial properties, realizing practically $18.6 million in earnings as the value surged above $94,000. Information reveals that Bitcoin is decoupling from the U.S. inventory market and beginning to commerce extra like gold, as soon as once more demonstrating Bitcoin’s rising function as a safe-haven asset in opposition to international financial turmoil. With the speedy growth of the digital economic system, cloud mining has turn into an essential development within the blockchain business. As a frontrunner in cloud mining funding, WinnerMining is dedicated to…
Robinhood Markets reported its first quarter (Q1) earnings on Wednesday, revealing commendable progress over the previous a number of months. The event provides to Robinhood’s record of bullish developments this yr after the US SEC (Securities and Change Fee) dropped its probe in opposition to the net brokerage platform. Robinhood Information 100% Q1 Crypto Income Progress Robinhood Markets reported its Q1 earnings on Wednesday, April 30, detailing its monetary outcomes for the primary quarter of 2025. The platform’s CEO and co-founder, Vlad Tenev, and CFO Jason Warnick led the published, which was shared on X (Twitter) and YouTube. Whereas Tenev…
The U.S. economic system shrank 0.3% in Q1, primarily due to an enormous spike in imports forward of Trump’s new tariffs. Trump blamed Biden for the downturn, claiming it’s nonetheless “his inventory market” regardless of being over 100 days into his time period. Markets slid and economists warned of stagflation, whereas critics accused Trump of turning a powerful economic system right into a hunch. The U.S. economic system simply wrapped up its worst quarter in three years, shrinking by 0.3% from January via March. It’s a jarring shift from the two.4% progress seen on the finish of 2024—and many of…
Regulatory clouds have cleared for PayPal’s stablecoin, PYUSD, because the SEC has formally ended its investigation with out pursuing any enforcement.The replace, quietly disclosed within the firm’s Q1 2025 submitting, marks a big second for PayPal’s increasing crypto ambitions. PYUSD, launched in partnership with Paxos in mid-2023, had drawn consideration from U.S. regulators quickly after its debut. Whereas the explanations behind the SEC’s inquiry had been by no means made public, PayPal confirmed that the company has wrapped up its assessment and gained’t be taking additional motion. With that hurdle eliminated, the fintech agency could now transfer extra freely in…
Following the footsteps of Trump-led America, the UK can also be getting down to convey crypto beneath obligatory rules. The announcement was made by Finance Minister Rachel Reeves on Tuesday, and it additionally highlighted that UK lawmakers will work intently with the USA to make it a actuality. This exhibits that the UK will give attention to aligning with the US when it comes to crypto guidelines quite than the European Union. As one other step is taken to make the cryptocurrency ecosystem extra regulatory-friendly, persons are circling round to search out the most effective crypto to purchase now that…