Robinhood’s Q3 2026 outcomes are in, and the buying and selling platform posted $1.42 billion in income, up 12% from a yr in the past. However, issues weren’t so rosy for its crypto enterprise, which noticed income fall 55% to about $120 million. Crypto Weakness Meets Gains in Event Contracts and Options According to Robinhood’s…
Strategy disclosed earlier this week that Chief Financial Officer Andrew Kang will step down on November 5, simply days after formally notifying the corporate of his intention. The sudden transition has attracted consideration due to the central position Strategy’s finance operations play in its huge Bitcoin holdings and more and more complicated capital construction. Kang…
Ethereum witnessed one of many sharpest declines in October, regardless of the optimistic however transient begin to the month, tanking by over 16%. A big portion of these losses got here due to the ETF outflows, which hit an all-time high, with over $1.6 billion leaving the funds. ETH Failed in October Similar to the…
October was as soon as identified in the cryptocurrency business as ‘Uptober’ because it introduced some spectacular positive aspects for years. As such, expectations had been high for an additional one in the 2026 version, but that didn’t materialize for a huge portion of the crypto property, together with XRP. In distinction, the firm behind…
October, usually referred to as ‘Uptober’ in crypto markets due to previous efficiency, is without doubt one of the yr’s most anticipated months, and this version adopted that pattern, as BTC had seen three consecutive months within the inexperienced main as much as it. Reality, although, was totally different as normal, and knowledge exhibits that…
Binance is making ready to reopen withdrawals in phases as early as at the moment, lower than 72 hours after the most important recorded crypto theft in greenback phrases. Meanwhile, the FBI formally attributed the assault to North Korean hackers and warned that the stolen belongings are already being moved via laundering channels. US President…
Bitwise has raised its 10-year Bitcoin worth goal from $1.3 million to $1.6 million by 2036, regardless of Bitcoin having a tough yr, marred by falling costs, weaker sentiment, and an unsure macroeconomic surroundings. In Bitwise’s up to date Long-Term Capital Market Assumptions report, CIO Matt Hougan and Head of Research Ryan Rasmussen used the…
The US Treasury has sanctioned 10 people and one entity for allegedly serving to North Korean IT employees earn cash via fraudulent employment at reputable companies and convert cryptocurrency into money. The motion focused monetary intermediaries in a community that generates a whole bunch of hundreds of thousands of {dollars} yearly for Pyongyang. How the…
Tether revealed its third-quarter 2026 attestation on Friday, displaying continued profitability regardless of a risky 12 months for the broader crypto market. The firm stated USDT issuance remained broadly secure at round $184 billion by way of the primary 9 months of the 12 months, whereas earnings from US Treasuries and different short-duration devices continued…
European Central Bank President Christine Lagarde introduced earlier this week that she’s going to step down on February 7, 2027, about eight months earlier than her time period is scheduled to finish. The former IMF chief has led the ECB since November 2019, a interval throughout which she grew to become considered one of the…