The SEC is paving the way for Solana-based exchange-traded funds (ETFs). This could be a big deal for how people invest in crypto. The SEC Opens the Door for Solana ETFs The SEC has accepted a filing for a Solana ETF called the “Canary Solana Trust.” This means they’re open to public comments on the…
Robinhood smashed expectations in the final quarter of 2024, raking in over $1 billion in revenue. This easily surpassed analyst predictions of around $940 million. Crypto Trading: The Big Winner A massive 700% surge in crypto trading volume was the key driver of this success, contributing a whopping $358 million to the total. This surge…
Big banks recently met with senators to talk about the problems crypto companies face with banks cutting them off. This could lead to some big changes for the crypto world, especially for meme coins. Banks and Crypto: A Changing Landscape JPMorgan, Bank of America, and other major banks discussed how strict rules are causing problems…
The EU’s Markets in Crypto-Assets (MiCA) regulation is aiming to bring order to the wild world of cryptocurrency. But what does this mean for the future of crypto? Let’s dive in. MiCA’s Key Features: Investor Protection and Innovation MiCA is designed to boost investor confidence and encourage innovation within the crypto space. It does this…
A popular crypto analyst, Michaël van de Poppe, is predicting significant price increases for two cryptocurrencies: Chainlink (LINK) and Sui (SUI). Chainlink (LINK) to Double? Van de Poppe, who boasts a large following on X (formerly Twitter), believes Chainlink could see a substantial price surge. He suggests that LINK’s price in Bitcoin (BTC) could double,…
Robinhood’s cryptocurrency trading division absolutely exploded in the final three months of 2024, seeing an incredible eight-fold increase in revenue. This massive jump puts serious pressure on its main competitor, Coinbase. A Record-Breaking Quarter for Robinhood Overall, Robinhood saw a huge 115% year-over-year revenue increase, hitting $1.01 billion. A major chunk of that – a…
GameStop, the video game retailer that became a meme stock sensation in 2021, is reportedly considering adding Bitcoin and other cryptocurrencies to its holdings. Exploring Crypto Investments According to CNBC, the company is in the very early stages of exploring this option. A source close to GameStop says the company might ultimately decide against buying…
Bitcoin’s price has been bouncing around lately, dipping below $100,000 after a period of sideways trading. But one analyst thinks this is just a temporary setback. The Bull Flag Pattern A crypto analyst, Weslad, has spotted a “Flag Pole” pattern on the Bitcoin chart – a technical indicator often seen before a big price jump….
Texas is making a big move into the world of Bitcoin. Senator Charles Schwertner has revamped his Bitcoin reserve bill, SB 21, removing a previous $500 million annual spending limit. This means the state could invest a much larger amount in Bitcoin and other cryptocurrencies. A Much Bigger Plan The updated bill allows Texas to…
Bitcoin’s price is stuck in a holding pattern, bouncing between $94,000 and $98,000. No one’s quite sure what’s next – a big price jump or a big drop. A Battle Between Bulls and Bears The past couple of months have been a tug-of-war. Buyers (bulls) haven’t been able to push the price above $100,000, while…
