Real Vision's chief digital assets analyst Jamie Coutts says that a bottom may be forming in the crypto market after declining for weeks.
TL;DR 700% Surge in Crypto Revenue: Robinhood's crypto-related revenue skyrocketed to $358 million in Q4 2024, a 700% year-over-year increase, driving its first-ever quarterly revenue surpassing $1 billion. Record Financial Performance: Total revenue reached $1.01 billion in Q4, with net income soaring to $916 million and assets under custody jumping 88% to $193 billion.
MatterFi has partnered with layer1 blockchain Trrue to integrate its wallet and custody infrastructure into Trrue's ecosystem. According to the press release received by crypto.news, AI fintech solutions firm MatterFi has established a strategic partnership with layer1 blockchain Trrue.
Meme coins were the fastest-growing sector in 2024, with an over $100B or 1,500% cumulative market cap increase. In contrast, Bitcoin's market cap didn't even grow 200%.
Exchanges will now be allowed to convert digital assets earned as fees into fiat currency, with regulatory safeguards in place to prevent market manipulation.
Crypto's ups and downs may never vanish, but with the right data and the right strategy, they don't have to stand in the way of achieving consistent growth
Robinhoood shares jumped 13% in early trading Thursday after fourth-quarter earnings beat estimates.
Coinbase is working on a comeback in India, engaging regulators after a turbulent exit and shifting crypto policies.
James Sanders Jr., the New York State Senator, introduced a bill on Wednesday seeking to establish a crypto task force. The state is re-evaluating its regulatory stance amid federal policy shifts affecting the crypto industry.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are discussing collaborating on regulating the crypto sector.
The crypto market is witnessing intense turbulence as Bitcoin and altcoins plunge under relentless selling pressure. With nearly $1 billion in liquidations within 24 hours, fear has taken over as investors rush to cut losses. The sharp decline follows external economic factors, including inflation concerns and growing regulatory uncertainty.
Mastercard has reported that 30% of its transactions in 2024 were tokenized, marking a significant step toward integrating digital assets into mainstream finance. The post Mastercard Tokenizes 30% of Transactions in 2024, Acknowledges Crypto's Disruptive Potential appeared first on Cryptonews.
Roughly a year after establishing a cryptocurrency regulation framework, South Korea, a prominent economic power in the Asian region, has revealed its plan to expand its crypto trading landscape. Today, the Financial Services Commission, the top financial regulator of the country, has officially declared its decision to permit institutional investors to trade crypto in stages.
Like USDe and BUIDL, Midas LYTs will tokenize DeFi trading or investment strategy, capturing the yield for holders.
In 2024, Mastercard tokenized 30% of its transactions, marking a significant adoption of digital payment security.
Coinbase reportedly plans to return to the Indian market this year. The company is said to have already contacted India's regulators, such as the Financial Intelligence Unit.
Former Binance CEO Changpeng ‘CZ' Zhao is mulling over the crypto community's offer to turn his dog into a meme coin. On Feb.
In a recent House Financial Services Committee hearing, lawmakers revealed differing approaches to stablecoin and cryptocurrency regulation, reflecting long-standing partisan tensions. The hearing, which took place on Tuesday, highlighted various legislative proposals and viewpoints on digital asset oversight.
The co-founders of HashFlare, Sergei Potapenko and Ivan Turogin, have pleaded guilty to conspiracy to commit wire fraud in a US court.
Coinbase plans to relaunch its centralized exchange in India after leaving the country more than a year ago.
The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.
India's lack of a formal crypto regulatory framework keeps exchanges in a gray area, with financial institutions hesitant to engage due to fear of RBI backlash.
The meme coin craze shows no signs of slowing down, with tokens like Dogecoin (DOGE), Pepe (PEPE), Shiba Inu (SHIB), and dogwifhat (WIF) dominating conversations in the crypto space. Meanwhile, Brett (BRETT), Bonk (BONK), Official Trump (TRUMP), Pudgy Penguins (PENGU), and Notcoin (NOT) continue to capture investor attention with their viral appeal and growing ecosystems.
Changpeng Zhao (CZ), co-founder and former CEO of Binance, has sparked speculation about launching a meme coin inspired by his pet dog.
Six men were charged in a $15 million crypto kidnapping case, where a family and their nanny were held hostage and forced to transfer digital assets.
Deepseek's sudden aggressive arrival on the AI scene has seemingly woken OpenAI out of its deep slumber. All of a sudden, GPT 4.5 and GPT 5 are due to be released to the public soon, and Elon Musk wants to buy OpenAI – an offer that was rebuffed by their CEO, Sam Altman.
New York Senator James Sanders proposed a bill to introduce a crypto task force. The crypto task force will investigate the digital currency landscape in the state.
A day after Brain Quintenz was named as the new chairman of the Commodity Futures Trading Commission, an interesting report, which indicates the possibility for collaboration between the US Securities and Exchange Commission and the CFTC, has been released. The report, developed by renowned journalist Eleanor Terret, has created extreme excitement in the cryptocurrency community.
Coinbase is working with Indian regulators to re-enter the market after its 2023 exit, following competitor Binance's successful return, while the government reviews its crypto policies and tax regulations remain strict.
Robinhood shares surged nearly 16% in premarket trading on Thursday, after the trading platform reported record fourth-quarter revenue and profit on the back of a resurgence in retail trading due to renewed interest in crypto and equity markets.
The altcoin sector suffered “one of its biggest devaluations on record” amid the recent crypto market downtick, according to the digital asset analytics firm Glassnode. Glassnode notes in a new analysis that altcoins experienced significant sell-side pressure in recent weeks as Bitcoin (BTC) outperformed every altcoin subsector.
Raoul Pal, CEO of Real Vision, is making waves with his latest prediction—he believes the biggest altcoin season in history is just two weeks away. Despite the current market swings in Bitcoin Price, Pal remained calm, recalling it as a reflection of past cycles where similar corrections happened before explosive growth.
US SEC and CFTC collaborate to work on crypto regulations. Hester Pierce congratulated Quintenz for becoming the chairman of the US CFTC.
International authorities are ramping up their efforts to stop groups and individuals using the LockBit ransomware to target unsuspecting users. The latest was the crackdown on the Russia-based Zservers, a bulletproof hosting service provider that allegedly had links with the LockBit cryptocurrency ransomware group.
TwentyOneVC has introduced a cryptocurrency arbitrage service aimed at helping traders capitalize on price differences across digital asset markets. The post TwentyOneVC Launches Crypto Arbitrage Service to Profit from Market Gaps appeared first on Cryptonews.
The official Trump meme coin saw a 10% increase after Upbit announced it will be adding the presidential meme coin to its platform.
New York State Senator James Sanders Jr. has introduced a bill to create a 17-member cryptocurrency task force to study digital assets' impact on state revenue and the environment by 2027, marking the state's third attempt since 2019 to establish such a panel amid its strict BitLicense regulatory framework.
Coinbase is working on returning to the Indian market, TechCrunch reported, citing sources familiar with the matter.
Robinhood's fourth-quarter results show a 700% increase in crypto revenue to $358 million, driven by Bitcoin's rise above $100,000 and strategic expansion efforts
Heima (HEI) coin stole the spotlight amid a broader crypto market recovery-like trend, primarily as its price skyrocketed 70% in a day. Notably, the cryptocurrency enjoyed a bullish movement against the backdrop of crypto exchange behemoth Binance's enhanced trade offerings.
Mastercard tokenized 30% of transactions in 2024. It views stablecoins as competition, acknowledging crypto's potential to disrupt traditional finance.
Riot Platforms is expanding into AI and high-performance computing partnerships while adding three new board members with relevant expertise, as Bitcoin mining faces increased difficulty and reduced revenues.
With Bitcoin soaring to $96,000, Ethereum holding steady at $2,600, and BNB climbing to $702, many aspiring crypto investors feel locked out of the millionaire club. The days of getting rich by simply buying a few BTC or ETH and holding may be behind us.
Federal Reserve Governor Christopher Waller thinks stablecoins could be the key to keeping the US dollar on top globally, but only if regulators stop working at cross purposes.
Here's how to grab your rewards and maximize your B3 tokens. The claim window runs from Monday, February 10th, 2025, to Monday, February 24th, 2025, at 1 PM UTC.
As part of their plea deal, the HashFlare founders have agreed to forfeit luxury assets and millions in crypto, with $350 million already repaid to victims.
The country's securities regulator will also allow 3,500 corporations and professional investors to open “real-name” accounts on cryptocurrency exchanges as part of a pilot program.