Crypto Trading Revenues Surge Robinhood Triumphs
DailyHodl: Robinhood’s crypto division saw an eight-fold revenue increase in Q4 2024, intensifying competition with @Coinbase. #Update #Crypto (+6) ↗
Pertains to trading in cryptocurrencies, including strategies, tools, platforms, and trading pairs.
DailyHodl: Robinhood’s crypto division saw an eight-fold revenue increase in Q4 2024, intensifying competition with @Coinbase. #Update #Crypto (+6) ↗
South Korea’s Financial Services Commission plans to lift a ban on institutional crypto trading, allowing non-profits and companies to trade virtual assets by 2024. #Update #Legal (+7) ↗ (Source: CoinDesk)
The Bank of England cuts interest rates to 4.5% amid a crypto market downturn, affecting $BTC and other major cryptocurrencies. #Update #Crypto $BTC (-3) ↘ (Source: CoinGape)
CoinDesk: @B3_Oficial expands crypto offerings with $BTC options and futures for $ETH and $SOL, following strong trading volumes in 2024. #Update #Crypto $SOL (+3) ↗
CoinGape: @krakenfx secures a MiFID license via CySEC-approved acquisition, enabling regulated crypto derivatives in select EU markets. #Update #Crypto (+6) ↗
CoinDesk: Evgeny Gaevoy of @Wintermute discusses Asian crypto market differences, AI in trading, and liquidity fragmentation at Consensus Hong Kong. #Update #Crypto (+3) →
Decrypt: @Coinbase plans to launch cash-settled Solana futures on its regulated derivatives exchange, pending CFTC approval, aiming to diversify offerings. #Update #Crypto $SOL (+4) ↗
CoinGape: The Federal Reserve is expected to keep interest rates unchanged at 4.25%-4.5% following the FOMC meeting, impacting the crypto market. #Update #Crypto $BTC (→ 0)
CoinDesk: @CoinbaseDerivs files with CFTC to list $SOL and $HBAR futures, launching Feb 18; Solana contracts sized at 100 SOL, Hedera at 5,000 tokens. #Update #Crypto $SOL (+3) ↗
CoinDesk: @BlockFills partners with CoinDesk Indices to launch options for the CoinDesk 20 Index, enhancing institutional trading capabilities and liquidity (Oct 2023). #Update #Crypto (+3) ↗
The Federal Reserve announced it will keep interest rates steady at 4.25% to 4.5%, aligning with trader expectations of a 99.5% probability. This decision impacts the crypto market, potentially creating bearish sentiment among investors. #Update #Crypto $BTC (→ 0)
@CMEGroup announced the launch of options on Bitcoin Friday futures, set for Feb. 24, offering daily expiries for precise risk management and expanding their crypto derivatives suite. #Update #Crypto $BTC (+6) ↗
Bitcoin’s resurgence to $104K fuels debates on crypto’s long-term cycles and strategies, with 2025 seen as a bullish year akin to 2017 and 2021. Discussions also explore using $BTC to pay mortgages amid low interest rates. #Update #Crypto $BTC (+3) ↗
@RobinhoodApp is set to expand into bitcoin futures and multi-asset derivatives, challenging industry giants like Charles Schwab and diversifying its offerings. #Update #Crypto $BTC (+6) ↗