Robinhood Trims Headcount by 10% Amid Crypto Revenue Crunch
Robinhood is letting go of 10% of its employees, attempting to streamline operations amid a downturn in crypto-related revenue.
SEC Chair Atkins defends CFTC's Selig despite questions over agency's ability to regulate prediction markets
SEC Chair Paul Atkins came to the defense of CFTC Michael Selig as the derivatives agency digs in his heels on regulating prediction markets.
Standard Chartered Crypto Prediction: $40K ETH, $500K BTC, and $100 UNI
Standard Chartered just reaffirmed its crypto prediction with 2030 bombastic targets. Bitcoin at $500,000, Ethereum at $40,000, and unexpectedly Uniswap at $100. ETH is currently trading near $1,800, while BTC sits above $66,000. Uniswap is at $3 after a…
BlackRock Launches New Bitcoin ETF Combining BTC Exposure With Covered Call Income
Bitcoin Magazine BlackRock Launches New Bitcoin ETF Combining BTC Exposure With Covered Call Income BlackRock today launched the iShares Bitcoin Premium Income ETF (Nasdaq: BITA), a new exchange-traded product that holds spot bitcoin and shares of the…
Scale of Stablecoin Adoption in Nigeria Makes Risks 'More Pronounced', Says IMF
Efforts to suppress stablecoin use are “likely to be only partly effective,†the International Monetary Fund’s researchers said.
Ethereum News: Arthur Hayes Buys $5.4M in ETH After Iran Peace Deal
Ethereum News: A wallet linked to Arthur Hayes received 3,000 ETH worth $5.42 million from market maker Flowdesk on June 15, according to on-chain tracker Lookonchain, as Ethereum surged nearly 6% following the announcement of a U.S.–Iran peace…
Canadian PM Urges AI Diversification After US Anthropic Block, Decentralized AI Tokens Rally
The US move to pull Anthropic's top models offline shows the dangers of leaning on a few AI providers, Carney said.
No More Venue Hopping: Kraken Pro Adds US Perpetual Futures for Eligible Clients
Kraken just handed eligible U.S. crypto traders access to perpetual futures, bringing one of the industry’s most heavily used trading tools onto a CFTC-licensed venue through Kraken Pro. The Cheyenne, Wyoming-based exchange Kraken disclosed Monday that…
Strategy supporters rebut 'death spiral' fears as bitcoin price wobbles
“The death-spiral story assumes that Strategy is one bad week from selling bitcoins, and it skips several steps to get there,” Benchmark said.
Benchmark says SEC's NMS proposal is the 'most consequential' US crypto rule this year
Benchmark said the SEC's proposal last week to rescind Rules 611 and 610(e) is the year's "most consequential" US crypto rule.