Robinhood reported cryptocurrency trading revenues declined 30% during the first quarter of this year to $38 million.
During the same quarter in 2022, the company reported trading revenues of $54 million.
Robinhood also reported that its crypto assets "under custody" dipped by 42% year-on-year to $12 billion.
https://www.theblock.co/post/230330/robinhood-reports-steep-30-decline-in-crypto-trading-revenues-year-on-year
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During the same quarter in 2022, the company reported trading revenues of $54 million.
Robinhood also reported that its crypto assets "under custody" dipped by 42% year-on-year to $12 billion.
https://www.theblock.co/post/230330/robinhood-reports-steep-30-decline-in-crypto-trading-revenues-year-on-year
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The Block
Robinhood reports steep 30% decline in crypto trading revenues year-on-year
Robinhood reported its crypto transaction revenue for the first quarter of 2023.
Forwarded from Crypto Rekt Liquidations Bot
Binance Will Reduce the Processing Time for ETH Staking Withdrawals.
Following feedback from the community, Binance will reduce the processing time for ETH Staking withdrawal requests to five days, effective from 2023-05-18 08:00 (UTC). This is a large decrease from the initial processing time required (i.e., 15 days).
https://www.binance.com/en/support/announcement/binance-will-reduce-the-processing-time-for-eth-staking-withdrawals-98539cbc6e794dbebccac64004aaf59c
Following feedback from the community, Binance will reduce the processing time for ETH Staking withdrawal requests to five days, effective from 2023-05-18 08:00 (UTC). This is a large decrease from the initial processing time required (i.e., 15 days).
https://www.binance.com/en/support/announcement/binance-will-reduce-the-processing-time-for-eth-staking-withdrawals-98539cbc6e794dbebccac64004aaf59c
Binance
Binance Will Reduce the Processing Time for ETH Staking Withdrawals | Binance Support
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Following feedback from the community, Binance will reduce the process...
April PPI inflation, the Fed's "preferred inflation gauge," falls to 2.3%, below expectations of 2.4%.
Core PPI fell to 3.2% which was also below expectations of 3.3%.
There seems to be more data suggesting that a "Fed pivot" is on the horizon.
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Core PPI fell to 3.2% which was also below expectations of 3.3%.
There seems to be more data suggesting that a "Fed pivot" is on the horizon.
📍 Follow @Coins for the hottest news in crypto.
A meme token whose handle is followed by CZ suddenly wakes up and sees massive activity.
Is there something that we don't know and 'they' know?
https://dropstab.com/coins/green-shiba-inu
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Is there something that we don't know and 'they' know?
https://dropstab.com/coins/green-shiba-inu
📍 Follow @Coins for the hottest news in crypto.
This decline suggests that approximately 266,000 bitcoins, acquired between November and January, have been sold from the 1st of May until now.
https://cryptoquant.com/insights/quicktake/645c024dbbe24f02e5f81973-Can-you-provide-a-more-concise-explanation-for-the-decline-in-Bitcoins-price-fro
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https://cryptoquant.com/insights/quicktake/645c024dbbe24f02e5f81973-Can-you-provide-a-more-concise-explanation-for-the-decline-in-Bitcoins-price-fro
📍 Follow @Coins for the hottest news in crypto.
Elon Musk has hired a new CEO of Twitter, who will take over in six weeks.
https://twitter.com/elonmusk/status/1656748197308674048
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https://twitter.com/elonmusk/status/1656748197308674048
📍 Follow @Coins for the hottest news in crypto.
X (formerly Twitter)
Elon Musk (@elonmusk) on X
Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks!
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
My role will transition to being exec chair & CTO, overseeing product, software & sysops.
Santiment: “The percentage of ETH on exchanges is at its lowest (10.1%) since public trading began in 2015”.
https://twitter.com/santimentfeed/status/1656748605787766784
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https://twitter.com/santimentfeed/status/1656748605787766784
📍 Follow @Coins for the hottest news in crypto.
X (formerly Twitter)
Santiment (@santimentfeed) on X
👛 As #Ethereum has dipped to $1,780 today, we've seen exchange supply continue to decrease. The percentage of $ETH on exchanges is at its lowest (10.1%) since public trading began in 2015. This is essentially the #AllTimeHigh for non-exchange holdings. h…
29k BTC options are about to expire with a Put Call Ratio of 0.63, a max pain point of $28,000 and a notional value of $770 million.
181k ETH options are about to expire, with a Put Call Ratio of 0.81, a max pain point of $1,900 and a notional value of $320 million.
https://twitter.com/GreeksLive/status/1656828014746042368
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181k ETH options are about to expire, with a Put Call Ratio of 0.81, a max pain point of $1,900 and a notional value of $320 million.
https://twitter.com/GreeksLive/status/1656828014746042368
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Twitter
29k BTC options are about to expire with a Put Call Ratio of 0.63, a max pain point of $28,000 and a notional value of $770 million.
181k ETH options are about to expire, with a Put Call Ratio of 0.81, a max pain point of $1,900 and a notional value of…
181k ETH options are about to expire, with a Put Call Ratio of 0.81, a max pain point of $1,900 and a notional value of…
The Lisk Foundation is exchanging 1000 BTC into ETH over the next 10 weeks and will hold onto them as part of its long-term treasury.
https://twitter.com/maxkordek/status/1656629386689363970
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https://twitter.com/maxkordek/status/1656629386689363970
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LG patented a TV that will allow users to trade NFTs.
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2023080273
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https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2023080273
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patentscope.wipo.int
WIPO - Search International and National Patent Collections
This patent search tool allows you not only to search the PCT database of about 2 million International Applications but also the worldwide patent collections. This search facility features: flexible search syntax; automatic word stemming and relevance ranking;…
Binance announced that it will proactively withdraw from the Canadian marketplace, because the new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. Canada is the home country of CZ.
https://twitter.com/binance/status/1657099651210969088
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https://twitter.com/binance/status/1657099651210969088
📍 Follow @Coins for the hottest news in crypto.
X (formerly Twitter)
Binance (@binance) on X
Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace.
We would like to thank those regulators who worked with us collaboratively to address the needs…
We would like to thank those regulators who worked with us collaboratively to address the needs…
Bakkt mass delists tokens.
The full list of de-listed tokens are: Aave (AAVE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Texos (XTZ) and Uniswap (UNI).
https://www.coindesk.com/business/2023/05/12/bakkt-mass-delists-tokens-including-aave-avalanche-compound-filecoin-makerdao-and-uniswap/
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The full list of de-listed tokens are: Aave (AAVE), Avalanche (AVAX), Bancor Network Token (BNT), Basic Attention Token (BAT), Chainlink (LINK), Chiliz (CHZ), Compound Token (COMP), Cosmos (ATOM), Curve DAO (CRV), Enjin Coin (ENJ), Fantom (FTM), Filecoin (FIL), GALA (GALA), The Graph (GRT), Internet Computer (ICP), Loopring (LRC), Maker DAO (MKR), Republic (REN), Stellar (XLM), Sushiswap (SUSHI), Synthetix (SNX), Texos (XTZ) and Uniswap (UNI).
https://www.coindesk.com/business/2023/05/12/bakkt-mass-delists-tokens-including-aave-avalanche-compound-filecoin-makerdao-and-uniswap/
📍 Follow @Coins for the hottest news in crypto.
CoinDesk
Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail
Andrew Kang: “The great rise of Tether profitability changes the flow dynamics of BTC in a big way
If they direct most of their annualized $6b profits into BTC, it almost completely offsets selling pressure from Gox, US gov”.
https://twitter.com/rewkang/status/1657454477585129472
If you are the decision maker at tether, would you route profits to buy & hodl BTC? 👍/👎
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If they direct most of their annualized $6b profits into BTC, it almost completely offsets selling pressure from Gox, US gov”.
https://twitter.com/rewkang/status/1657454477585129472
If you are the decision maker at tether, would you route profits to buy & hodl BTC? 👍/👎
📍 Follow @Coins for the hottest news in crypto.
Twitter
The great rise of Tether profitability changes the flow dynamics of $BTC in a big way
If they direct most of their annualized $6b profits into $BTC, it almost completely offsets selling pressure from Gox, US gov
Microstrategy entire bull market $BTC purchased…
If they direct most of their annualized $6b profits into $BTC, it almost completely offsets selling pressure from Gox, US gov
Microstrategy entire bull market $BTC purchased…
Ark Fund bought another 69,386 shares of Coinbase during the week.
The total number of shares owned is now 10.979 million shares, with a market value of about $663 million.
https://arktrace.com/coin.html
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The total number of shares owned is now 10.979 million shares, with a market value of about $663 million.
https://arktrace.com/coin.html
📍 Follow @Coins for the hottest news in crypto.
Argentine electronic bank Uala will suspend its cryptocurrency business and customers must sell their holdings. Uala currently has 300,000 users holding crypto, and they are required to sell it within 30 days. Because the Central Bank of Argentina last week requested not to assist customers in digital asset business.
https://rossaprimavera.ru/news/556adbce
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https://rossaprimavera.ru/news/556adbce
📍 Follow @Coins for the hottest news in crypto.
Красная весна
CryptoNews: выборы в Турции изменят политику страны в области криптовалют
Президентские выборы в Турции могут сыграть ключевую роль не только в будущем финансовом состоянии страны, но и повлияют на местную криптовалютную индустрию, 13 мая пишет CryptoNews.
Newly released data from the Federal Reserve has revealed that more than 700 American banks face significant safety and soundness risks due to massive unrealized losses on their balance sheets.
https://coinmarketcap.com/community/articles/645f75ff0835aa55c551fe34/
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https://coinmarketcap.com/community/articles/645f75ff0835aa55c551fe34/
📍 Follow @Coins for the hottest news in crypto.
CoinMarketCap
More Than 700 US Banks Facing ‘Significant Safety and Soundness Risk’ Due to Massive Unrealized Losses: Federal Reserve
Newly released data from the Federal Reserve has revealed that more than 700 American banks face significant safety and soundness risks due to massive unrealized losses on their balance sheets. The report, which includes self-reported data compiled in February…
Samsung to research South Korea’s CBDC for offline payments.
Samsung also participated in the second phase of the BOK’s 10-month CBDC simulation experiment research, which concerned the retail use of CBDCs. The first stage of the BOK’s CBDC research tested basic functions such as CBDC’s issuance, distribution and redemption.
https://cointelegraph.com/news/samsung-to-research-south-korea-s-cbdc-for-offline-payments
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Samsung also participated in the second phase of the BOK’s 10-month CBDC simulation experiment research, which concerned the retail use of CBDCs. The first stage of the BOK’s CBDC research tested basic functions such as CBDC’s issuance, distribution and redemption.
https://cointelegraph.com/news/samsung-to-research-south-korea-s-cbdc-for-offline-payments
📍 Follow @Coins for the hottest news in crypto.
Cointelegraph
Samsung to research South Korea’s CBDC for offline payments
The research aims to test the South Korean CBDC’s potential to conduct remittances and payments using NFC on Samsung mobile devices instead of the internet.