Transactions from crypto make up 43% of Robinhood’s revenue as retail traders come back
Robinhood’s first-quarter results marked a revival in retail crypto trading, with the platform’s crypto revenue doubling year-over-year to $252 million. This surge contributed to a 77% increase in transaction-based revenue,…
Grayscale unveils ETF tracking firms embracing Bitcoin treasuries
Grayscale has rolled out a new exchange-traded fund that gives investors access to companies adopting Bitcoin as part of their treasury strategy. The fund, named the Grayscale Bitcoin Adopters ETF…
Solana futures open interest nears all-time high — Will SOL price follow?
Key points: Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence. SOL futures open interest hit $5.75 billion on…
Bitcoin short term realized volatility drops to 16% after early April spike
Bitcoin’s volatility curve saw a sharp swing in April. Realized volatility measures the actual day-to-day variability in Bitcoin’s price over a set window instead of the market’s expectations. It is…
Ethereum bulls show interest as traders’ confidence in ETH’s $1.8K level improves
Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action…
Investors increase crypto allocations to yearly highs, Bitcoin leads the accumulation
Investor portfolio allocations to crypto have reached a yearly high of 1.8% as of April 29, according to a recent report published by CoinShares. The report attributed the increase to…
Bloomberg Intelligence boosts Solana ETF approval odds to 90%
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform.…
Vitalik Buterin outlines bold Ethereum goals for 2025 as user engagement peaks
Ethereum co-founder Vitalik Buterin unveiled a set of ambitious goals for the network’s next phase of development, coinciding with a new milestone in ecosystem engagement. In an April 30 post,…
Ripple’s reported $5 billion offer for Circle rejected as too low
Ripple has proposed a takeover of Circle, offering between $4 billion and $5 billion to acquire the stablecoin issuer, Bloomberg News reported on April 30, citing sources familiar with the…
Solana Policy Institute, Superstate, and Orca seek SEC approval for securities trading on public blockchains
A coalition led by the Solana Policy Institute, decentralized exchange Orca, and registered investment adviser Superstate has filed a request with the US Securities and Exchange Commission (SEC) to launch…