$107,805.00
1.27%$2,483.84
1.66%$2.19
0.33%$646.74
0.27%$144.89
-0.95%$0.999819
-0.01%$0.270972
-1.25%$0.16481
-1.06%$2,481.75
1.60%$0.570931
-2.04%$107,681.00
1.12%$37.21
-1.21%$2,995.00
1.46%$500.48
4.42%$2.72
-2.78%$13.32
-0.54%$9.00
-0.27%$0.241959
-1.43%$17.66
-2.25%$0.999733
-0.01%$2.85
-1.77%$47.90
-0.22%$0.00001164
-0.35%$2,483.63
1.66%$85.34
0.40%$2,659.93
1.85%$0.148935
-2.40%$1.00
-0.03%$315.32
-0.39%$1.00
-0.06%$4.50
1.14%$3.36
-1.59%$107,803.00
1.28%$0.581372
-3.81%$7.19
-0.10%$0.00000954
-5.74%$260.56
-1.45%$1.18
-0.03%$4.88
1.54%$50.91
1.31%$328.10
-2.56%$1.00
0.00%$2.14
-1.81%$175.59
-0.87%$4.85
-2.65%$0.082546
-1.47%$16.54
0.82%$0.765518
-1.89%$1.057
0.00%$25.94
-6.63%$1.001
0.04%$0.079306
7.22%$0.608027
-0.80%$16.38
0.59%$4.42
-0.22%$3.99
-1.50%$0.02116146
-1.17%$9.02
-1.90%$107,619.00
1.03%$0.661028
-1.85%$0.080172
-3.72%$3.10
-4.69%$0.178213
-2.51%$0.261832
-2.53%$0.279792
-8.09%$2.27
-0.47%$0.306844
-1.27%$0.174242
-4.82%$0.998149
-0.06%$2,484.53
1.60%$4.40
-0.15%$0.892097
-3.06%$0.99969
-0.03%$99.09
-0.56%$11.08
0.52%$153.41
-1.02%$1.001
0.02%$1.22
3.22%$0.413331
-1.33%$0.0177233
1.95%$1.27
-4.09%$2,829.16
1.62%$2,600.53
1.53%$11.30
-0.46%$0.187812
-3.99%$1.58
-3.17%$0.00001376
-2.10%$0.679362
-0.35%$1.00
-0.02%$0.999823
0.06%$0.308342
-7.79%$1.49
-4.82%$0.977
-8.87%$0.546606
-1.49%$0.999599
-0.01%$0.058514
-1.57%$2,655.31
1.78%$2,606.19
1.53%$107,624.00
1.16%$3,349.43
0.01%$1.11
0.05%$3.05
2.31%$107,673.00
1.30%$646.69
0.19%$2,614.70
1.77%$108,254.00
1.89%$3,337.52
0.12%$0.081748
-1.65%$0.801276
-7.57%$0.508151
-1.70%$0.41712
-0.77%$162.11
-0.93%$189.03
-0.81%$0.522548
-8.66%$111.56
0.01%$2,681.81
1.59%$2.18
-0.86%$0.824012
-1.50%$0.00007163
-2.86%$2.01
-3.93%$0.675872
-1.98%$0.01037309
1.47%$0.998682
0.00%$40.94
-2.72%$0.01330676
-2.21%$0.711338
-0.92%$31.96
2.09%$0.587522
-1.38%$1.084
-0.61%$18.90
-0.14%$0.0136356
-3.24%$107,361.00
1.16%$0.157171
-2.08%$0.24683
-2.97%$0.00953994
-2.10%$0.997923
0.02%$0.0000006
-1.16%$0.221115
-2.40%$107,484.00
0.92%$0.01645197
11.89%$37.27
-1.07%$3.42
-2.58%$0.530762
-1.18%$2,482.19
1.55%$0.403632
-3.76%$2.02
-1.74%$0.093553
-1.75%$0.531372
-1.14%$2,482.42
1.62%$2,652.04
1.68%$0.327479
-0.61%$2,606.30
2.31%$0.197758
32.34%$107,788.00
1.30%$0.627512
-0.48%$0.257487
-1.17%$0.997677
-0.12%$2,483.63
1.62%$8.57
0.35%$0.999722
-0.02%$1.35
-2.53%$1.43
0.91%$0.409467
-1.21%$0.999805
-0.01%$0.061304
2.13%$0.00000044
5.68%$46.33
-2.90%$37.26
-1.14%$1.00
0.06%$1.00
0.00%$0.164812
-0.80%$2.24
-2.56%$1.091
-0.01%$0.00404948
6.56%$0.999861
1.02%$0.401686
-1.93%$0.04014792
-5.06%$2,485.80
2.04%$0.999506
-0.22%$5.52
-1.51%$2,650.08
1.98%$0.00001927
-0.14%$0.00654292
-3.70%$0.31968
-1.37%$13.34
-2.09%$0.00000097
0.71%$0.111461
-2.36%$0.071985
0.68%$2.24
-1.30%$0.364773
-0.22%$0.486553
-1.72%$0.507459
-1.44%$0.00393804
-1.35%$0.95354
-1.25%$1.23
0.79%$1.14
-0.78%$2,736.44
1.59%$1.43
-1.30%$0.03558189
-1.49%$0.162645
-1.47%$0.133599
-1.03%$107,602.00
1.15%$0.03331836
-4.74%$106,754.00
0.30%$2,716.02
1.68%$20.09
1.07%$0.329832
-2.93%$0.999796
-0.03%$2,483.60
1.61%$0.00365035
-7.44%$0.01646291
-1.49%$4.84
-3.56%$0.04464212
-1.58%$0.999012
-0.03%$158.10
-0.75%$0.998597
-0.11%$0.00005608
0.70%$1.00
-0.00%$2,484.45
1.76%$10.10
0.88%$0.742464
-3.45%$0.063427
2.35%$1.081
-0.30%$110.72
-0.16%$0.443578
-0.28%$107,941.00
1.50%$0.02916586
-1.98%$0.00341152
-0.52%$0.682696
-1.96%$17.66
-2.20%$0.605748
-0.08%$0.00522856
-0.92%$0.999963
-0.06%$104,837.00
0.36%$0.604391
-0.91%$2,165.50
1.27%$1.64
-0.82%$0.271065
-9.46%$1.21
0.65%$1.018
0.03%$0.00000129
2.12%$0.178166
-2.56%$0.181624
-0.49%$104,696.00
1.64%$14.66
0.56%$19.89
-1.40%$0.0035391
-2.50%$5.76
-3.70%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.
ASX-listed Opyl Limited, an Australian AI-biotech company grappling with financial stress, announced Thursday in Melbourne that it's adopting a Bitcoin treasury strategy, joining a growing number of public firms experimenting with the alpha crypto as a lifeline. Opyl acquired approximately two Bitcoin, valued at roughly $214,500 (AU$330,000), through the DigitalX Bitcoin ETF listed on the ASX. Opyl shares surged more than 47% on the day, according to Yahoo Finance data, as investors reacted to t...
Predictions market startup Kalshi has raised $185 million at a $2 billion valuation, the firm announced Wednesday, elevating the startup to unicorn status amid its growing foray into the crypto world. Cryptocurrency-focused venture capital firm Paradigm led the Series C round, with participation from Sequoia, Multicoin, Peng Zhao, Neo and Bond Capital, according to Mansour. Kalshi will use the funds, in part, to grow its technology team and facilitate its integration with brokers. Bloomberg firs...
As crypto treasury companies raise millions, some investors funding their pivot are cashing in as soon as they can, causing the firms’ stock prices to plummet. Within the past two weeks, SharpLink Gaming and Upexi have become notable examples, with their stock prices plunging over 60% moments after registration-of-shares filings were deemed effective by the U.S. Securities and Exchange Commission. The companies have relinquished most of the gains they accrued after announcing plans to stockpile...
