$93,746.00
1.49%$1,775.10
1.90%$2.19
2.17%$609.07
2.08%$153.82
4.81%$1.00
0.01%$0.182231
5.65%$0.717844
5.48%$0.243281
-0.09%$1,773.00
1.87%$93,753.00
1.56%$3.71
23.89%$15.23
5.87%$22.48
2.43%$0.284465
8.76%$9.25
-0.01%$0.00001417
8.65%$0.194688
9.85%$3.24
3.85%$2,129.90
1.97%$0.999995
0.00%$366.55
2.09%$4.30
8.19%$84.92
4.01%$18.88
3.80%$4.49
1.24%$1.00
0.10%$1,775.75
2.04%$0.999761
0.08%$0.654139
1.25%$229.63
2.44%$28.95
1.28%$1,892.00
2.13%$93,794.00
1.55%$0.00000891
5.45%$5.87
2.49%$5.57
6.48%$1.017
15.41%$53.44
4.35%$2.62
8.55%$363.90
10.15%$23.44
1.55%$5.31
6.18%$0.105469
9.62%$17.15
5.08%$13.04
8.35%$1.049
0.02%$0.092437
3.39%$31.78
-1.15%$1.00
0.00%$167.22
4.26%$0.750256
9.18%$4.57
5.63%$0.02715482
7.84%$0.24726
5.97%$1.17
0.04%$4.55
5.00%$0.362819
7.79%$0.230755
10.22%$93,686.00
1.56%$2.87
6.38%$4.25
0.34%$0.699092
13.53%$2.91
5.12%$0.525525
6.41%$0.346159
5.12%$1.003
0.46%$4.15
2.18%$93,648.00
1.69%$0.482672
12.30%$0.901816
18.98%$0.807059
7.62%$10.42
1.88%$160.91
4.83%$0.975779
14.52%$1,506.97
3.65%$0.00001621
14.60%$0.075161
1.46%$75.94
8.17%$1.10
3.71%$1.097
1.94%$4.06
10.45%$0.597925
6.27%$1,775.69
2.01%$0.209148
9.74%$0.67971
5.97%$1,846.00
2.02%$0.01623369
-0.36%$10.25
11.08%$0.101689
15.33%$609.03
2.16%$0.67973
-0.20%$0.99978
-0.01%$1.001
0.05%$2,001.88
2.01%$0.999595
0.05%$0.01719735
9.16%$3,313.76
-0.88%$92,763.00
1.77%$1.00
0.03%$2.72
11.69%$3,316.98
-1.02%$169.47
4.59%$197.80
4.75%$0.01762274
7.90%$13.57
-0.18%$4.25
18.85%$0.0000793
19.15%$0.85154
5.44%$0.204271
8.31%$0.307833
7.19%$93,631.00
1.65%$0.741917
12.05%$0.737284
12.97%$0.02149193
4.15%$0.571909
11.84%$35.56
18.65%$1,890.18
2.04%$0.115714
2.63%$0.00000068
7.79%$2.14
9.85%$0.99777
-0.01%$0.407821
6.33%$93,524.00
1.51%$0.999515
0.00%$0.612256
17.77%$0.32612
8.15%$0.165942
14.75%$1.86
8.12%$17.87
7.87%$1.10
-0.37%$0.23804
4.91%$0.560071
6.48%$0.60768
22.90%$1,852.80
1.75%$0.858369
25.01%$34.83
3.42%$3.39
6.27%$0.054376
7.58%$0.00853532
37.01%$0.00569269
0.30%$0.00910063
11.45%$18.09
19.25%$0.663988
6.97%$1.84
10.16%$0.521125
0.97%$0.46064
5.69%$0.998823
0.05%$2.34
3.47%$0.067714
-0.07%$94,643.00
0.04%$1.00
0.03%$1.37
7.01%$91,676.00
1.58%$93,775.00
1.58%$0.18198
5.79%$0.00002348
9.93%$1.00
0.01%$0.570295
13.78%$7.04
13.19%$6.46
8.62%$1,853.48
1.86%$0.155407
6.28%$0.177691
10.74%$0.538017
6.17%$0.247467
6.14%$93,711.00
1.72%$110.81
0.01%$2.62
7.10%$0.00000042
-0.40%$0.353339
12.45%$0.080837
5.17%$0.420705
27.49%$1.084
0.01%$1.00
0.09%$0.0423049
5.58%$3.68
7.53%$1,766.39
1.69%$1,889.45
1.94%$1,775.39
1.94%$43.98
5.47%$1,775.09
1.87%$0.084075
7.62%$1.00
0.03%$0.0071861
5.89%$1,775.50
1.97%$21.59
-0.40%$0.00006495
3.17%$0.0041666
4.59%$1.003
0.11%$0.174573
0.86%$0.560932
3.32%$0.999672
0.06%$0.825482
2.19%$0.360461
11.63%$0.126077
6.29%$0.01717539
0.37%$0.999225
-0.18%$1,814.04
1.84%$1.00
0.04%$2.86
8.00%$0.697807
11.69%$0.03170651
1.22%$0.00452467
8.39%$0.253688
9.10%$27.87
4.32%$1.23
6.82%$0.6762
0.21%$93,694.00
1.54%$0.00000146
0.67%$1.00
0.02%$113.48
3.25%$3.65
7.80%$0.696185
0.08%$93,395.00
1.18%$1,761.04
2.22%$0.282818
2.61%$0.999988
-0.01%$3,302.33
-0.83%$22.47
3.31%$1.15
5.86%$0.13222
-3.21%$2.90
0.87%$0.116628
7.27%$0.193451
5.65%$16.28
8.56%$0.267518
0.74%$0.242165
43.48%$0.01892632
81.28%$0.0381137
4.51%$0.77244
11.37%$1,876.75
1.88%$0.521509
3.49%$0.01313799
6.62%$0.986093
8.86%$1,775.18
1.86%$0.450099
6.09%$0.00285632
10.81%$1,882.27
1.49%$0.02964079
3.69%$22.48
2.49%$0.00244981
14.75%$0.250037
1.29%$18.82
3.43%$1.00
0.01%$2.30
5.03%$0.00516076
8.64%$0.00269453
5.93%Reading
Peter Thiel may see Goldman Sachs as a dying relic of the financial system. But, if so, it's still a dying relic people listen to.
Robinhood shares slipped by 5% in intraday trading after Goldman analyst Will Nance downgraded the trading app's stock from neutral to sell. Coinbase was also down nearly 2.5% after Nance predicted it would join Robinhood in posting earnings well below expected Q1 projections.
In reference to Robinhood, Nance pointed to a "decline in broader industry crypto trading volumes."
Robinhood began life as a no-commission stock-trading app but later branched out to cryptocurrencies. Users can buy or sell seven different assets on the platform—Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin. Coinbase, meanwhile, is strictly a crypto firm, listing 170 coins and tokens, according to data from CoinMarketCap.
Decrypt and Yahoo Finance present: Crypto Goes Mainstream, an afternoon of live conversations with some of the biggest names in crypto to talk investing, mass adoption, NFT collecting, and how to get started with Web 3. November 9, 2021 in Brooklyn.
The first quarter of 2022 was fairly underwhelming for crypto prices compared to a volatile 2021, during which the price of Bitcoin rose from under $30,000 on New Year's to an all-time high above $69,000 in November. During Q1 of 2022, by contrast, price movements were more subdued, generally operating in a band between $35,000 and $45,000.
Coinbase posted record revenue of $2.5 billion for Q4, alongside near-record profits. While it also reported trading volume of $547 billion, Goldman predicts that will slip to $302 billion for Q1. Coinbase declined to comment on the matter to Decrypt, but also noted in its Q4 earnings call that it expected Q1 volumes to decline somewhat.
Robinhood, meanwhile, doesn't have a great Q4 to point to. Its $363 million in total revenue and $48 million in crypto revenue were up on a year-to-year basis, but below Q2 and Q3 figures. And Nance says the firm has a "limited path to near term profitability" moving forward. Robinhood declined to comment.
The trading platform has been trying to increase traction for its crypto offerings. On Thursday, it announced that users on the waitlist for its long-anticipated crypto wallet could begin using the feature to transfer their holdings off the app.
Stock and cryptocurrency trading app Robinhood announced at the Bitcoin 2022 conference today that it’s making plans to add the Bitcoin Lightning Network to its platform for speedier BTC transactions. It also shared that eligible users from its beta crypto waitlist can now send and receive crypto through its crypto wallet feature. Lightning is a layer-2 network built on top of Bitcoin that allows for faster, low-fee transactions. Through its wallet feature on its app, Robinhood joins the growing...
At the same time, Robinhood announced that it will be integrating Lightning Network for Bitcoin transactions. Lightning, which enables faster and cheaper payments in BTC, is also used by Twitter for its Tips feature, as well as in El Salvador for merchant transactions.
Coinbase is scheduled to reveal its Q1 earnings on May 11; Robinhood's earning report is expected later this month.
Investment firm RockawayX has successfully secured $125 million for a new early-stage venture capital fund, intended to support crypto-focused communities, particularly those centered around Solana. The investment firm plans to direct its newly raised funds toward discovering and financing projects that enhance the growth of the Solana ecosystem, recognized as the second-largest Layer 1 by total value locked, according to a statement by RockawayX. “Rather than investing in more L1s, we focused...
Crypto infrastructure startup Theo has bagged $20 million to bring Wall Street-grade trading strategies to everyday investors. The funding round—led by Hack VC and Anthos Capital—drew backing from some of the biggest names in traditional finance, including Citadel, Jane Street, and JPMorgan, alongside crypto-native players like Mirana Ventures, Flowdesk, and Selini Capital. Theo’s team plans to use the newly raised funds to build institutional-grade trading infrastructure offerings for less tech...
Solana-based decentralized wireless network Helium is collaborating with AT&T to provide the telecom giant's subscribers with access to mobile hotspots. The collaboration will allow AT&T members to take advantage of expanded network coverage thanks to Helium’s community-operated network. Additionally, AT&T will be provided a set of “coverage quality metrics” developed by the decentralized network. “Working with AT&T is a massive step forward in our mission to bring affordable and accessible co...
